Information Tech

Cognizant makes $250 million commitment to global CSR initiatives

New Jersey headquartered technology services provider, Cognizant announced that it has made a fresh five-year $250 million corporate social responsibility commitment towards initiatives like advancing economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities around the world.

Brian Humphries, CEO, Cognizant said, “We are determined to live our purpose of improving everyday life and apply our technology and business expertise to help tackle global problems. This $250 million initiative aims to create conditions for people to thrive by expanding access to education, healthcare, and technology, and by advancing diversity and inclusion in communities around the world.”

Beginning in 2021, Cognizant said that it would expand grant-making in the U.S. and India to new global markets where the company is growing its operations, including Australia, Canada, Germany, and the UK.

Cognizant will also introduce new philanthropic programs to advance diversity and inclusion efforts in partnership with Cognizant’s Affinity Groups, supporting African American, Latinx, LGBTQ, Pan-Asian, women, and veteran communities.

New programs will also expand opportunities for employees to contribute their time and skills and deploy additional Covid-19 relief funds that build on commitments made in 2020, it said.

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