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Axis Bank Limited

Axis Bank Limited

Axis Bank is the third largest private sector bank in India. The Bank's CSR interventions on Sustainable Livelihoods are delivered through Axis Foundation.

About

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering L Read more arge and Mid-Corporates, MSME, Agriculture and Retail Businesses.

The Bank has a large footprint of 5100+ domestic branches (including extension counters) with 15,000+ ATMs & cash recyclers spread across the country. The Bank has 6 Axis Virtual Centres with over 1,500 Virtual Relationship Managers as on 31st March 2023. The Overseas operations of the Bank are spread over 3 international offices with branches in Dubai (DIFC) & Gift City-IBU; representative office in Abu Dhabi. The international offices focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings.

The Bank’s CSR initiatives aim to bring about a meaningful socio-economic impact in the lives of the deprived and vulnerable communities across the country. Since inception, the Bank has strived to play an active role in building a resilient society and an equitable and inclusive Indian economy. The Bank’s CSR activities are guided by the CSR Committee of the Board and are in line with its CSR Policy, covering a gamut of themes including sustainable livelihoods, education, financial inclusion, conservation and protection of the environment, as well as relief- and need-based interventions. The Bank’s CSR efforts consciously strive to reach the most marginalized and scaled its interventions in India’s Aspirational Districts as well as the North-east region. The Bank’s CSR Policy, governance and oversight, and project implementation continue to be in accordance with the Section 135 of the Companies Act 2013 and all rules made there under. The Bank’s CSR interventions continue to be delivered directly, through credible implementation partners, and the CSR arm of the Bank viz. Axis Bank Foundation.
Axis Bank Foundation was established in 2006 as a Trust to give strategic direction to the Bank’s CSR aspirations. Since 2012, the Foundation’s activities are focused on the theme of Sustainable Livelihoods, delivered across the two pillars of Rural Livelihoods and Skill Development.

CSR Policy

https://www.axisbank.com/docs/default-source/default-document-library/approved-csr-policy-fy-2023-24.pdf

Grant Value

2021-22

Grant Value

Rs. 1,382,500,000

CSR Budget

Rs. 1,380,600,000
2022-23

Grant Value

Rs. 2,019,200,000

CSR Budget

Rs. 1,994,600,000
2023-24

Grant Value

Rs. 2,686,600,000

CSR Budget

Rs. 2,671,500,000

Organisations Supported

Geographical Coverage

Arunachal Pradesh

Assam

Manipur

Mizoram

Nagaland

Tripura

Odisha

Ladakh

Maharashtra

Himachal Pradesh

Punjab

Telangana

Impact

Impact made in FY 2023-24

Rural households whose livelihoods were transformed 17,00,000

Children reached through education initiatives 21,868

Saplings planted 53,000

Paediatric cardiac surgeries and interventions facilitated 175

Women across India benefited through Financial Literacy Programme 8,00,000

Leadership Team

Abhejit Agarwal

Head – Sustainability and CSR
Wilfred Barboza

Vice President - Sustainability & CSR
Aditya Golatkar

Associate Vice President - ESG & CSR
Dnyanada K.

Operations Team Lead - CSR

Vision & Mission

Vision

To be the preferred financial services provider excelling in customer service delivery through insight, empowered employees, and smart use of technology
Mission

Our Mission is to be the preferred financial solutions provider across the country, delivering customer delight by
* Providing innovative and intuitive banking solutions
* A combination of organisational agility, digital capabilities and physical reach
* Adopting sustainable banking practices, particularly around ESG and climate change

Programs

The Sustainable Livelihood
Description

The Sustainable Livelihood Programme (SLP) was initiated in 2011 to address the pressing challenges of economic exclusion in rural India.
Lack of adequate and sustainable incomes is an outcome of smaller land holdings, landlessness, depleting natural resources, lack of access to knowledge and capital, and so on.
SLP is designed to create a basket of livelihoods for small, marginal farmers and landless communities across rural India. SLP's focus areas are:
* Managing Natural Resources
* Strengthening Agricultural Productivity
* Improving Livestock Rearing and Management Practices
* Creating access for Government Schemes, Credit & Market Linkages:
* Diversifying in Agriculture through Agro-forestry, Horticulture and
Floriculture
* Promoting Health and Nutrition Practices
* Building Community Institutions
* Developing Microenterprises

Cause

Demographics

Impact

Rural households 17,00,000
Supported NGOs

Partners for The Sustainable Livelihood

Axis Bank Foundation
Education
Description

Through targeted CSR interventions, we aim to provide access to quality education for underprivileged students, particularly in remote areas. Together with initiatives under Axis DilSe programs and student scholarships, we provide support for the strengthening of the educational system through research and development, educational technologies, and incubation efforts. Some of the DilSe programs are:
* Axis DilSe – Centres of Excellence in partnership with Indian Armed Forces (Assam Rifles and Indian Army) and NIEDO
* Axis DilSe – Odapada block transformation programme in partnership with Tata Steel Foundation
* Axis DilSe – Manipur in partnership with Sunbird Trust
* Axis DilSe – Sikkim in partnership with 17,000 ft Foundation

Cause

States

Demographics

Impact

Children reached 21,868

Women benefited through Financial Literacy Programme 8,00,000

Schools in Northeast states 52

Out-of-school children enrolled in schools 324

Beneficiaries who cleared NEET and JEE 225
Supported NGOs

Partners for Education

Tata Steel Foundation

S
Sunbird Trust

17000 ft Foundation
Supporting Greener Cities through Miyawaki Plantations

Description

To create sustainable cities, where nature and humans co-exist harmoniously, it is important to nurture urban ecosystems that provide clean air, water filtration, and biodiversity support, while also enhancing the well-being of residents and fostering community engagement. By integrating nature into urban landscapes, cities can mitigate environmental challenges and create more livable and resilient urban spaces. As part of the Bank’s commitment to habitat restoration, we have planted about 53,000 saplings in Navi Mumbai using the Miyawaki technique.

Cause

States

Demographics

Impact

Saplings planted 53,000
Health and Nutrition
Description

We aim to meet critical health needs of communities through strategic interventions.
To improve the overall health outcomes for individuals and families, the Bank has been offering essential healthcare services and promoting healthier lifestyles.
Through partnerships and targeted interventions, we seek to address health challenges and promote community resilience.

Cause

Demographics

Impact

Paediatric cardiac surgeries facilitated 175
Supported NGOs

Partners for Health and Nutrition

Sri Sathya Sai Health & Education Trust
Disaster Relief
Description

Through strategic partnership, the bank ensures timely assistance and aid in the recovery process. This year, our disaster relief efforts extended to various affected regions, supporting wider relief initiatives in response to extreme weather events and natural calamities across the country.

Cause

States
Supported NGOs

Partners for Disaster Relief

Ayang Trust

Vrutti

The Kalgidhar Society