Corporate Social Responsibility (CSR)

In today’s fast moving world, every corporate has its responsibilities towards the society. We at PIC believe that Corporate Social Responsibility (CSR) is about reaching out to the underprivileged and connecting with the heart. With this belief, we at Philips are associated with several NGO’s like Sampark, Unnati, SBHR, RKMS, Pragathi etc. This year, Philips has sponsored 2 buses for Akshaya Patra. We have contributed 3 and a half lakhs for RKMS project which includes education and healthcare components. On 14th November 07, a crèche for construction worker’s children was inaugurated for the first time at Sarjapur, Bangalore. 23 children of Nele and 33 students of Ashwini Charitable Trust have been sponsored by Philips. A total of 512 children have benefited from the sponsorships provided by us and around 642 adults have been provided healthcare and provided employability through the various CSR initiatives that Philips has undertaken this year alone.

Apart from this, Philips has also sponsored the construction of a sound recording studio for Samarthanam Trust for the Disabled. It has also supported the setting up of a computer lab at Arunachala Village Trust, Thiruvannamalai, Tamilnadu. With such social projects, we give to the society in whatever small way we can in the hope of a better society tomorrow. Presently we have around 20 projects with trustworthy NGO’s, all steered by PIC-ians. We have a CSR Committee chaired by the CEO, which approves the projects including the funding.