Deloitte Impact Day in India supports 175 projects in 12 cities

06 April 2018 Consultancy.in

To support the burgeoning youth-population in India, particularly in the economically disadvantaged regions, Deloitte annually runs its Impact Day event. The event’s most recent edition saw its 29,000 string staff in India support 175 projects in 12 cities.

The population of India has surpassed 1.4 billion. As it stands, the population is relatively young, with an average age of 29 and around a third of the population between the ages of 15 and 29. 64% of the population is of working age, which makes it one of the youngest and most productive populations in Asia.

The large, young population, combined with the country's social conditions brings a mixture of opportunities and challenges. The future remains relatively uncertain, particularly as trends towards automation may come to pressure labour.

Environmental degradation is a threat too, creating uncertainty around sustainable prosperity for the people of India. The country continues to face key sustainability challenges on the one hand and development issues, such as meeting the basic needs of its people, on the other. These factors are by no means unrelated, and solving the former in terms of meeting the latter will be necessary if the latter is to be sustained.

Deloitte Impact Day in India supports 175 projects in 12 cities

Deloitte India, as part of its Corporate Social Responsibility (CSR) efforts, holds an annual Impact Day event. This event aims to apply the firm's considerable expertise to a range of local projects. This year, the event extended to  175 projects in 12 cities. The annual event, this year in its fifteenth edition, supported projects covering education, employability and skill building, healthcare and sanitation, environment sustainability and empowerment, with more than 182,000 hours of service from 29,000 employees who took part. In all, the firm currently has around 37,000 employees in India.

S.V. Nathan, Chief Talent Officer, Deloitte India, said about the event, "Impact Day is our commitment in giving back to the community. There have been significant contributions made by the millennial workforce that spearheaded this year’s Impact Day and I am proud to say that sustaining a spirit of volunteerism is motivating the best out of individual’s talent. Our Millennial 2017 survey highlighted that millennials appear to consider the charitable route an impactful method of changing the world and we are glad that as an organization, we have been able to do this for 15 years now.”

Bruce Stewart, Principal, Deloitte, remarked, "Our 15th consecutive Impact Day stands testament to our ongoing commitment towards furthering education & employability in the communities we live in. At Deloitte, making an impact that matters is at the heart of what we do. This translates into applying the same commitment, talent, and teamwork that we use to serve our clients, to make a meaningful difference in the lives of those in need.”

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PwC India Foundation arranges roundtable conference for children's rights

28 February 2019 Consultancy.in

PwC India’s corporate social responsibility (CSR) arm the PwC India Foundation has collaborated with global children’s rights organisation Save the Children to organise a roundtable conference for some of the leading businesses in the country to call for cooperation around children’s rights. 

The conference was attended by representatives from nearly every sector in the Indian economy, including electronics, IT, healthcare, manufacturing as well as banking and financial services. The theme of the congregation was ‘Creating Transformational Business Partnerships for Child Rights.”

Topics of discussion centred on the trends in CSR investment across the Indian market over recent years and the predictions for the coming year. Keeping the objective of protecting and promoting children’s rights in mind, executives discussed the possibility of pooling resources to create a better socio-economic environment in the country.

In essence, businesses are looking to combine their reach, assets and international networks to continue their development in the rapidly growing economy, while simultaneously ensuring that growth is as equitable as possible. The PwC India Foundation was among the organisers of the conference.

PwC India Foundation arranges roundtable conference for children's rights

In recent years, the PwC India Foundation has made children’s rights one of its top priorities, and has placed its focus on the role that the corporate environment can play the in the improvement of conditions therein. The Foundation has been active for over a decade in India, and has made great strides in realising these goals. 

The conference was organised in collaboration with Save the Children, a global non-profit NGO that is devoted to protecting children across the globe, particularly those in vulnerable countries. CEO of Save the Children Bidisha Pillai was present at the conference.

“The quality of partnerships we want to have is of great importance. We are looking for stakeholders with a similar vision who have complementary skills that come together to tackle the difficult problems, in difficult areas where the burden is the highest and which are the hardest to reach,” she said.

“India has the largest population of children and youth (550 mn), the challenge is to make them productive, to ensure that they become an asset and not a liability for the nation. It’s a panic situation as currently the gap between India and other countries is widening in terms of educated and skilled human capital. A monumental effort is required by all stakeholders including India Inc. to focus first on education,” added Dilip Thakore, the Education World publisher who mediated the roundtable discussion.