Focus Areas

The Foundation has identified several areas of intervention for the implementation of CSR projects in India (henceforth referred to as Key Focus Areas of the Foundation). These Key Focus Areas have been identified in line with the CSR initiatives of the Bank and associates and subsidiaries of the Bank and are in alignment with the provisions as stated in the Schedule VII of the Section 135 of the Companies Act, 2013.

The Foundation recognizes the importance of engaging with the community in certain Key Focus Areas, which are broadly categorized in the section below: (Under each of these Focus Areas, special importance will be provided to projects/programs for the benefit of women/girls.)

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Healthcare
Healthcare
Healthcare &
Sanitation
Education
Education
Education
Livelihood Creation
Livelihood Creation
Skills & Livelihood
Development
women empowerment
women empowerment
Women Empowerment and Care for Senior Citizens
Eco Efficiency
Eco Efficiency
Sustainability &
Environment
Rural development
Rural development
Rural
Development
others
others
Others

Focus Area Wise CSR Spend of State Bank of India for Financial Year 2015-16

Sr. No. Focus Area Amt. (Rs. in Crore)
1 Healthcare 56.00
2 Education 19.50
3 Skill development 44.66
4 Sanitation 4.04
5 Disability 5.41
6 Environment 4.78
7 Sports 2.21
8 Culture 1.20
9 Natural calamities 2.16
10 Others 1.98
11 R & D Fund 1.98
Total 143.92
 

Healthcare & Sanitation

Ensuring healthy lives and promoting well-being for all at all ages is one of the primary sustainable development goals. Poor sanitation conditions and lack of availability of primary healthcare facilities have increased vulnerability of rural population to high mortality rates, susceptibility to diseases, increased school dropout rates among students, especially adolescent girls and affects other areas of their lives. Making basic healthcare and sanitation conditions available is thus an area of key importance for SBI Foundation.

Reference: Companies Act 2013, Schedule VII (i) - eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water.

 
 

Education

Education is the key element to national human resource development. Providing quality education to masses has been a challenge due to growing population and lack of quality resources in education. Lack of proper infrastructure, quality teaching staff and limited access to schools, especially for girls, are just few of the issues that plague the education system in India. Countering these issues is a long-term process which the SBI Foundation intends to stand by.

Reference: Companies Act 2013, Schedule VII (ii) - promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects.

 

Skills & Livelihood Development

In the area of livelihood options and skills, there is a disconnect between the market needs and human resources available. Improving these conditions is necessary to be able to harness human resources of our nation to the best of its capabilities and capacity. The country’s strength in the coming years lies in its man-power. Improving its quality and creating opportunities for it is thus of prime importance.

Reference: Companies Act 2013, Schedule VII (ii) - promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects.

 

Women Empowerment and Care for Senior Citizens

Women and senior citizens are one of the most marginalized and least empowered sections of our society. The fight for equal right for women is far from won as there is still sever discrimination and acts of violence against them in rural as well as urban parts of India. Senior Citizens are an integral part of our population who are neglected across areas of policy and at times do not receive the amenities they are entitled to. SBI Foundation feels that these sections of our population need to be served with dignity and care so as to empower them to create an equal society.

Reference: Companies Act 2013, Schedule VII (iii) promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens.

 

Sustainability & Environment

For development to be stable and inclusive, it is important to considered it within the scope of environmental resources available. Environment and sustainability are the driving forces of good business practices. Staying connected with environmental impact of businesses is a step towards creating a sustainable future.

Reference: Companies Act 2013, Schedule VII (iv) -ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water.

 

Rural Development

Inequality has been a long-standing feature of Indian economic growth story and with every stride the nation takes, the chasm between urban and rural is deepening. With 83.3 crore Indians living in villages, it is of paramount importance that opportunities are created for them so as to reduce their exclusion from this growth story. Lack of basic facilities and opportunities are two of the major hindrances in rural development. SBI Foundation wishes to address these issues through its programs.

Reference: Companies Act 2013, Schedule VII (x) rural development projects.

 

Others

The Foundation will not limit its activities to the Key Focus Areas. The Foundation may consider taking up innovative and high impact CSR projects outside the Key Focus Areas on a case to case basis.

  • Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art
  • Promotion and development of traditional arts and handicrafts
  • Setting up public libraries
  • Measures for the benefit of armed forces veterans, war widows and their dependents
  • Training to promote rural sports, nationally recognised sports, para-Olympic sports and Olympic sports
  • Contribution to the Prime Minister's National Relief Fund or any other funds set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women; contributions to Swacch Bharat Fund and Clean Ganga Fund
  • Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government

Reference: Schedule VII of the Companies Act 2013