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Corporate Social Responsibility

Our Focus Areas

  • To provide preventive and curative healthcare facilities and infrastructure to the community
  • To support livelihood generation through skill development and to increase financial & digital literacy with a special focus.
  • Incubation of fintech start ups to foster a culture of entrepreneur-ship and aid sustainable economic growth
  • To achieve carbon neutrallity in line with NLI's global objective
  • Water conservation
  • Preservation of biodiversity
  • The Group believes investment in sports as nation building, community development, empowerment, skill development and investment in health. It shall support promotion of rural sports, nationally recognized sports, Paralympic sports and Olympic sports. The objective is to help athletes to win medals in international tournaments, especially Olympic games by mainly providing them international level coaching, health fitness support and equipment, amongst others.
  • Poverty alleivation
  • Provision of basic necessities
  • Women empowerment
  • Support start-up projects with potential social impact
  • Donation / benefits for armed force veterans, war widows and dependents

CSR Projects

CSR projects approved by the board of directors of the company for the FY 2022-23

Theme Project Name CSR Project Details Activity under Schedule VII Implementing Partner Geography
Healthcare
 Software for Proton Therapy with special focus on Childhood Cancers Purchase of an advanced radiation therapy planning software for a Proton Therapy Centre to optimise treatment of cancer patients with special focus on childhood cancers at ACTREC Centre of Tata Memorial Centre. Section (i) promoting health care including preventive health care TMC-ACTREC (Advanced Centre for Treatment Research & Education in Cancer) Maharashtra (Navi Mumbai)
Healthcare
 Rashtriya Netra Yagna Programme for free cataract surgeries to support marginalised strata of the society under Project Rashtriya Netra Yagna of Vision Foundation of India Section (i) promoting health care including preventive health care Vision Foundation of India Maharashtra (Mumbai, Pune, Sangli) Gujarat (Rajkot, Ahmedabad, Valsad, Mandvi) Karnataka (Bengaluru, Hubli, Shimogha) West Bengal (Durgapur, Siligudi, Nadia) Bihar (Aurangabad, Gaya) Chattisgarh (Raipur)
Rural Development & Environmental Sustainability
Integrated rural development for creation of cluster of dream villages Project to support holistic development in areas of Environment (Sanitation and Solar) and Livelihoods Section (iv) ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water; and, Section (x) Rural development Swades Foundation Maharashtra (District Nashik, Block Trimbakeshwar)
Rural Development & Environmental Sustainability
Integrated development of school and community for environment sustainability and social development Project to develop WASH facilities in schools and rejuvenate natural water sources, strengthen community skill set and impart value-based education and training Section (iv) ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water; and, Section (x) Rural development The Energy and Resources Institute (TERI) Jharkhand (District Dhanbad, Block Baghmara)
Rural Development & Environmental Sustainability
Pragati Project to support an 'Integrated Rural Health Development Project-IRHDP' focusing on health, education and sustainable livelihoods Section (iv) ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water; and, Section (x) Rural development Tata Institute of Social Sciences (TISS) Maharashtra (District Thane, Village Aghai)
Education
 Ekam Education Fund Project to support education of economically weak students Section (ii) promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects; Ekam Foundation Mumbai Pan India
Support for Armed Forces
 Early Intervention Centres Programme for early detection and treatment of developmental, physical, and learning disabilities of children between the ages of 0 to 6 years of age of armed services personnel Section (vi) for the benefit of armed forces veterans, war widows and their dependents Army Welfare CSR Fund Maharashtra (Command Hospital, Pune) Punjab (Military Hospital, Jalandhar) Hyderabad (Military Hospital, Secunderabad) Jammu (166 Military Hospital, Jammu)
Sports
 Olympic Gold Quest Programme to support Indian athletes and enable them to be competitive at the highest level of sports Section (vii) training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports Foundation for Promotion of Sports and Games Pan India
Theme CSR Project Details Activity under Schedule VII Implementing Partner Geography
Healthcare:
 Purchase of CT Simulator System with advanced technology for Radio Oncology and Radio -diagnosis for treatement of cancer patients at ACTREC Centre of Tata Memorial Centre. Section (i) promoting health care including preventive health care Tata Memorial Centre Navi Mumbai, Maharashtra
Healthcare:
 Programme for free cataract surgeries of the marginalized strata of the society under Project Rashtriya Netra Yagna of Vision Foundation of India Section (i) promoting health care including preventive health care Vision Foundation of India PAN India
Support for Armed Forces and their Families:
 Programme for welfare of the spouses, children and dependents of Army personnel Section (vi) measures for the benefit of armed forces veterans, war widows and their dependents Army Wives Welfare Association (AWWA) PAN India
Sports:
 Programme to support Indian athletes and enable them to be competitive at the highest level of sports Section (vii) training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports Foundation for Promotion of Sports and Games PAN India
Environment Sustainability & Rural Development:
 Sustainable Livelihood Initiative (SAFAL), programme to support climate resilient agriculture activities for small farm holders and migrants. Section (iv & x) ensuring environment sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the ‘Clean Ganga Fund’ set-up by the Central Government for rejuvenation of river Ganga; rural development EdelGive Foundation Koraput and Nowrangpura districts, Odisha
Environment Sustainability & Rural Development:
 Programme on Integrated development of schools and community for environment sustainability and social development Section (iv & x) ensuring environment sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the ‘Clean Ganga Fund’ set-up by the Central Government for rejuvenation of river Ganga; rural development The Energy and Resources Institute Dhanbad district,Jharkhand
Rural Development:
 Pragati, an integrated programme on rural health and development to support tribal community members by working on malnutrition, health promotion and sustainable livelihoods Section (x) Rural development Tata Institute of Social Sciences Aghai, Maharashtra
Sl. No. CSR Project Details Activity under Schedule VII Implementing Partner Geography
1.
 The ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund)’ is a dedicated national fund for dealing with any kind of emergency or distress situation, like those posed by the COVID-19 pandemic. The PM Cares Fund consists entirely of voluntary contributions from individuals/organizations and does not get any budgetary support. The objective is to undertake and support relief or assistance of any kind relating to a public health emergency or any other kind of emergency, calamity or distress, either manmade or natural, including the creation or upgradation of healthcare or pharmaceutical facilities, other necessary infrastructure, funding relevant research or any other type of support. The fund renders financial assistance, provides grants of payments of money or takes such other steps as may be deemed necessary by the Board of Trustees to the affected population. Nippon Life India Asset Management Limited has contributed Rs. 9.5 Cr in the financial year 2020-21, under Schedule VII of the Companies Act, 2013, towards the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). Sec (viii) Towards fund set up by central government PM Care Fund PAN India
2.
 Support for Armed Forces & their Families: Army Central Welfare Fund is operated by the India Army and the contribution received in this fund are utilized to pay financial assistance/ grant to widows of our Soldiers, their Next of Kin, Dependents and needy Ex- Servicemen as a welfare measure. The donations made to this fund are 100% exempted from Income Tax Act vide clause (III hc) of section 80-G of Income Tax Act 1961. Nippon Life India Asset Management Limited has contributed Rs. 2.5 Cr in the financial year 2020-21, under Schedule VII of the Companies Act, 2013, towards the Army Welfare Fund. Section (vi) measures for the benefit of armed forces veterans, war widows and their dependents Army Central Welfare Fund PAN India
3.
 Programme to support Indian athletes and enable them to be competitive at the highest level of sports
Nippon Life India Asset Management Limited has contributed Rs. 1.30 Cr in the financial year 2020-21, under Schedule VII of the Companies Act, 2013, towards OGQ (Foundation for Promotion of Sports and Games) 		Section (vii) training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports Foundation for Promotion of Sports and Games PAN India

Our CSR Efforts

To create a sustainable future for our stakeholders by integrating environmental, social and governance.

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