CSR

At JM Financial, CSR goes beyond being just a statutory obligation. We are an organisation that voluntarily takes steps to improve the quality of life for people in our ecosystem as well as the society at large. In order to imbibe the philosophy of Corporate Social Responsibility (CSR) among companies, Section 135 of the Companies Act, 2013 (‘the Act’) has mandated every company with a net worth of over Rs. 500 crore, or a turnover of more than Rs. 1,000 crore or net profit of over Rs. 5 crore to spend at least 2% of its average net profits made during the three immediately preceding financial years, on CSR activities as enumerated in Schedule VII to the Act; every financial year.

JM Financial Foundation, established in the year 2001, and Kampani Charitable Trust, established in the year 1983, to support the causes of socio-economic welfare, education and healthcare; are two arms through which the Group has been contributing to deserving causes for over three decades now. The recently introduced statutory provisions only add to the efforts and contribution we have already been making in this direction.

JM Financial Foundation and Kampani Charitable Trust identify and work with several credible NGOs on a number of outreach programmes in various fields like education, healthcare and disaster relief. Here’s a look at some of the programmes we undertake and support:

Education is the most powerful weapon that can be used to change the world; and to bring about this change, we focus on providing access to quality education and scholarships, to children at the bottom of the socio-economic pyramid. We promote education of the girl child by offering academic, material and social support so that they can attend school with dignity. One of the partners that we support deploys the Activity Based Curriculum that empowers children to cope with different real life situations through lessons learnt while engaging in active play. We have partnered with professionals to work with children having developmental disabilities, particularly autism. We also support schools that run programmes for children coming from diverse socio-economic backgrounds and disabilities.