Tatsat Chronicle Magazine

In FY22, Reliance Spends ₹1,185 Crore on Corporate Social Responsibility

The company provided oxygen during the second wave of Covid-19 pandemic, education and health services, in addition to supporting employees and their extended families.
May 31, 2022
Reliance Spends

According to the company’s latest annual CSR report, Reliance Industries Limited spent a record amount of ₹1,184.93 crore on corporate social responsibility (CSR) initiatives in the financial year ended March 31, 2022.

The company provided oxygen during the second wave of Covid-19 pandemic, education and health services.

“Through FY 2021-22, Reliance put social responsibility initiatives, health and well-being of communities at the top of its agenda,” the report said.

This went beyond supporting employees as well as their extended families and was aimed at caring for the most-at-need across India in the face of an emergency.

“During FY 2021-22, Reliance contributed ₹1,184.93 crore towards supporting a number of need-based, impactful CSR initiatives,” it said.

The initiatives were done by the Reliance Foundation, a philanthropic arm of the company, led by Nita M Ambani.

“The past two years have been about ‘seva’ or service to humanity,” the oil-to-telecom-to-retail conglomerate said. “While the year 2021 started off with a lot of hope, it also marked the severest second wave of the COVID-19 pandemic – the largest humanitarian crisis that has affected the world and our country.”

During the epidemic, Reliance said it worked to meet the country’s urgent and emerging needs in an unforeseen epidemic situation, while working to empower communities to rebuild their lives.