WIPRO SOCIAL AUDIT SYSTEM-IMPACT ON SOCIETY

Sangam Lalsivaraju,sec-c,138

Wipro Limited (formerly Western India Products Limited) is an Indian multinational provider of Information technology (IT) services, consulting and outsourcing services. It is headquartered in Bangalore, India. As of 2012, the company has over 130,000 employees and a worldwide presence with global centres across 54 countries.

The company operates in four segments:

1. IT products and services,

2. Consumer care and lighting,

3. Healthcare

4. Infrastructure engineering.

The company was incorporated on 29th December 1945 at Mumbai by Mohamed Hasham Premji as Western India Products Limited, later abbreviated to Wipro. It was initially set up as a manufacturer of vegetable ghee, vanaspati, refined oils including salad oil in Amalner, Maharashtra under the trade names of Kisan, Sunflower and Camel.The company logo still contains a sunflower to reflect their original business.

In 1966, post his father’s death Azim Premji rushed back from Stanford University and took over Wipro as a chairman at the age of 21. He was instrumental in transforming Wipro into a multi-billion dollar diversified corporation. Azim Premji is a major shareholder in Wipro. During the 1970s and 1980s, the company shifted its focus and began to look into business opportunities in the IT and computing industry, which was at a nascent stage in India at that time. In 1977, the name of the Company was changed from Western India Vegetable Products Limited., to Wipro Products Limited., with effect from 7th June.

Wipro’s approach to sustainability is structured on enabling itself, as an organization, and its customers to be more ecologically sustainable. It is driven by issues considered important to employees, current and future generations, customers, investors, suppliers and the community as a whole. Wipro has been ranked 1st in the 2010 Asian Sustainability Rating (ASRTM) of Indian companies.

Social Audit System of Wipro:

Corporations are socio-economic citizens. –As such their objectives have to be congruent with society's goals. –Today, they wield significant capacity to influence social issues ,i.e. a“power to do good” This “power to do good” is a responsibility. Wipro believes this must Mani fest in a

thoughtful & deliberate set of initiatives, not in charity.-These must reflect the same level of rigor & strategic thinking as in business initiatives.

• Wipro believes it can make a lasting impact to create a just, equitable & human society. This is reason enough to act.

• Wipro has chosen to focus on Education & Ecology, in its journey Towards being a Responsible Global Corporation.

Impact of Company on Society:

Good Citizenship Initiatives:

Wipro is based on a foundation of VALUES.

Anchored in its values and driven by its credo ‘Applying Thought’, Wipro has chosen to

pursue Good Citizenship.

Wipro’s view of Good Citizenship:

Business with IntegrityClearly & finely Articulated Code of Business Conduct Good Governance to achieve

the highest levels Of Transparency & Propriety

Ecological SustainabilityConserve Energy Conserve Water Manage Waste in a Sustainable way Preserve &

Enhance Biodiversity

Social & Community Initiatives

Contribute to Society by catalyzing systematic improvement In Education Contribute

to the local Communities that wipro operate in.

Spirit of Wipro:

1. Intensity to wini. Make customers successful.

ii. Team, Innovate, Excel.

2. Act with sensitivityi. Respect for the individual.

ii. Thoughtful and responsible.

3. Unyielding Integrityi. Delivering on commitments.

ii. Honesty and fairness in action.

Services for Current Generation

Community:

Wipro Cares:• Respond to needs of local communities: Educational opportunities, Health & Wellbeing, Environment.• Disaster rehabilitation.• Employee engagement.

Mission 10X: Infuse innovation & experiential learning into college education and there by increase

employability of graduate engineers.

Services for Future Generations

Ecology: Strive to weave ecological sustainability into every dimension of Wipro’s business Help the

society become ecologically sustainable.

Society:

Wipro Applying Thought in Schools:Create capacity on the ground for systemic reform in education, by partnering with social

organizations.

Azim Premji Foundation:

Contribute to large scale systemic change, focusing on quality of education in rural

government schools.

Azim Premji University:

Be a centre of excellence in Education and allied fields of research and practice