Corporate Social Responsibility
To the happy-hearted, the world is home. At DHFL, just as we strive to build homes, we work towards making this entire world a happy home for people. This belief is ingrained in each of our employees, as they go about making a difference, in their own special way.
DHFL in its social vision has always been sensitive to the needs of the society we live in. It has always endeavored to associate with programs having a larger social agenda.
Current Initiatives
Mumbai Mobile Creches has existed since 1972 and is the only NGO which provides service to children living on construction sites, providing them with education, healthcare and nutrition as well as a safe place to be while their parents work. Mumbai Mobile Creches’ vision is for all children on construction sites to be safe, healthy and educated. There are currently 25 centers across Mumbai and Thane and we reach 6500 children a year. But many more children need to be reached.
DHFL in its association with Mumbai Mobile Crèches will be running this year’s Mumbai Marathon 2012 to be held on 15th Jan 2012. 50 of our employees will participate in the Dream Run to show our support for this cause.
Balakalakaar, an AIESEC initiative was started in 2009, with the objective of discovering hidden talents in underprivileged children, in the fields of art, craft, theatre, music and dance. Children that showed promise in a particular field were then encouraged to further hone their talent and skill through vocational courses, thus giving them an opportunity for a better future. Balakalakaar 2011 provided DHFL a unique opportunity to participate. The decision to become the title sponsor was motivated in large measure, by the very vision and philosophy of the company laid down 27 years ago. Just as DHFL changed the rules of the game by providing financial access for housing to a large section of under privileged and marginalized people, in the case of Balakalakaar, the endeavour was to impact the social landscape, by providing opportunities to children who belonged to the poorest of poor in society, thus helping change their lives.
Balakalakaar 2011 saw a 1000 children from 10 BMC schools participate in a month long programme involving a series of workshops. Based on their performance, 100 children were shortlisted to showcase their talents at the DHFL Balakalakaar Grand Finale 2011 event held on December 10. Our Chairman & Managing Director, Mr. Kapil Wadhawan was the presiding guest of honour at the function, along with other dignitaries. In his warm and heartfelt address to those present including children, teachers, parents and AIESEC youth volunteers, he said, “I am really happy that DHFL has partnered AIESEC in the Balakalakaar project, a unique initiative that is bound to reap rich rewards for all the children who are part of it. AIESEC with its strong army of youth volunteers is really doing a fine job, organizing all the workshops for children – the future of this country. I’m proud that DHFL is contributing in some small measure to society and I’m sure our association with AIESEC and the Balakalakaar project will help change the lives of many, many children and their families.”
Giving blood is a powerful way to honor the birth of our nation. To commemorate our heroes on the Independence Day, we organized a blood donation drive in association with the Red Cross Society of India on the 12th of August, 2011. 53 units of blood were collected through this drive.
In the Past
- Loans to the Economically Weaker Section (EWS) of society: Mr. Kapil Wadhawan, DHFL’s Chairman & Managing Director and Dr. Robert Meryll of Asian Development Bank (ADB) handed over keys to 100 families in Cochin.
- States like Andhra Pradesh and Karnataka are also being offered these loans.
- Loans were provided in co-ordination with Nagpur Improvement Trust to over 4000 residents in Nagpur.
- Rajesh Kumar Wadhawan foundation: To commemorate the birth anniversary of the Late CMD Shri. Rajesh Kumar Wadhawan, DHFL conducted a nationwide Blood Donation Drive in collaboration with the Red Cross in 25 cities. The Foundation has also committed itself to facilitating education for underprivileged children.
- Employee Commitment to Relief: In the unfortunate event of gigantic disasters, like the Bhuj earthquake, each employee of DHFL contributes a day’s salary totally voluntarily to help in the relief.
- Senior Citizen Schemes: We have exclusive fixed deposit schemes with additional interest to help senior citizens and armed forces personnel.
DHFL was associated with Concern India Foundation & through its association it has promoted programs like:
- Aarambh
An integrated approach to community work forms the basis of this organization in the slums of Turbhe, Navi Mumbai. The program provides children, women and youth with education, health facilities and skills training programs.
- Each One Teach One
Underprivileged students tend to drop out of school as they are not able to cope with academics. This program addresses this need of students in two schools in rural Palghar, thus preventing drop-outs.
- Paramshantidham Vriddhashram
The program, based in the semi-rural area of Navi Mumbai, is a home for the poor and destitute aged. It provides for their social, medical, psychological, recreational and spiritual needs.