Firstsource Solutions Ltd.
Sales (2007-2008) =Rs.500 crores (rounded off)
Net profit after tax =Rs.60 crores (rounded off)
CSR Budget= Not Available
Karmayog 2008 CSR Rating: 1/ 5
CSR activities:
An organization�s success should be measured by its social performance as much as its financial results. As a responsible corporate citizen, Firstsource believes it must generously give back to the community and society.
Firstsource has several programs which benefit the communities it touches.
LABS – Education for sustainable livelihood
Firstsource collaborated with Dr. Reddy�s Lab Foundation to set up the Livelihood Advancement Business School (LABS) for human and social development (DRFHSD) in Bangalore and Chennai. Through this partnership, Firstsource will train seven batches of 1400 people each over 28 months. LABS provides training in housekeeping, retail, office assistantship and basic and advanced computer.
After course completion, LABS students are placed in corporations with the help of Dr. Reddy’s Foundation. Over 700 youth have graduated and have been placed, 45 within Firstsource. This program has the potential for creating long-term significant impact by addressing the unemployment problem at the grass-roots level.
Dreamsource – Volunteering program
Firstsource initiated the Dreamsource volunteering program in which our employees contribute back to the community. Firstsource employees volunteer and empower deprived youth to become more employable. They do this by conducting educational sessions on weekends. These sessions add value to the curriculum being taught at various nonprofit organization training centers.
Environmental programs
Firstsource partners with Tree Appeal in UK, an organization that helps to plant and conserve trees in the UK. Firstsource has planted trees in Belfast Park, UK, as part of this environmental initiative. It has also donated trees to the Claudy Country Park in Londonderry, where the company’s other Northern Ireland based centre is located.
Firstsource reviews energy use, has introduced recycling in all its offices and is increasing the use of videoconferencing – all this to reduce its carbon footprint.
Other programs
Firstsource also works with GiveIndia, an organization that helps NGOs raise funds and promotes greater transparency and accountability. Through the GiveIndia payroll giving program, employees can donate a part of their monthly salary to a cause of their choice.
Fund raising through local marathons, creating platforms for not-for-profit organizations to sell their products and employee awareness efforts on youth related issues are some other programs at Firstsource.
Source: www.firstsource.com/about-us/Corporate-Social-Responsibility.aspx
Contact Information:
Firstsource Solutions Ltd.
6th Floor, Peninsula Chambers
Ganpatrao Kadam Marg
Lower Parel
Mumbai
Maharashtra-400 013
Phone : 022- 6666 0888
Fax : 022- 6663 5481
E-mail :
Website : http://www.firstsource.com//
Industry Sector: I.T Enabled Services
Products / Services: I.T Enabled Services
Other locations of factories / offices: