As one of the largest Non Banking Financial Companies, Cholamandalam Investment and Finance Company Limited (Chola) believes that it has a responsibility to fulfill towards the people and the environment in shaping a better future for the nation and enabling a Better Life.
Our CSR programs are carried out as a blended activity along with business. We try to cover not only operating geographies but also extend our activities to the neglected and needy segments of society. Our CSR initiatives are currently concentrated in 12 states - Tamil Nadu, Delhi-NCR, Maharashtra, Assam, Karnataka, Chhattisgarh, Odisha, Uttar Pradesh, Telangana, Rajasthan, West Bengal and Madhya Pradesh.
Our Key Focus Areas:
Both visual and performing arts give an insight into the cultural heritage of a nation. It is important that it is preserved and passed on from one generation to another. Chola has been involved with organizations like DakshinaChitra for preserving traditional arts and culture. We extend our support in sponsoring programs that provide learning through art for students and interns. Chola extends its support to art museums and celebrates thematic cultural festivals of various states.
Area of Implementation: Chennai, Tamil Nadu
Beneficiaries: 60 students per year since 2015
Community Led Conservation in SPITI
Chola has partnered with Nature Conservation Foundation (NCF) towards facilitating the coexistence of people and wildlife and ensuring a sustainable future for both in Spiti which is a cold desert mountain valley located high in the Himalaya Mountains in the north-eastern part of the Indian state of Himachal Pradesh. Chola makes an annual contribution to the livestock security program.Chola has supported the natural disaster struck areas in times of need. The devastation visited on Kerala by the deluge and landslips for two years in succession is unprecedented in living memory. As a responsible corporate citizen Chola supported the displaced population by supporting the Snehabhumi humanitarian project to provide 100 stable houses to those who have lost their dwellings.
Area of implementation- Kerala.