Zerodha Broking Limited is not just any stockbroking company – it's a leader in offering discounted brokerage services. But what makes it stand out goes beyond its affordable fees and strong trading platforms. Zerodha is special because it's committed to doing good through Corporate Social Responsibility (CSR). In this blog, we'll take a closer look at what Zerodha is doing for society, talking about the important areas they focus on, the impactful projects they take on, and the partnerships they've formed with NGOs.
About Zerodha Broking Limited:
Founded in 2010, Zerodha has democratized stockbroking in India, empowering millions of individuals to participate in the market with transparency and affordability. Renowned for its user-friendly platforms and educational resources like Varsity and TradeQ&A, Zerodha prides itself on going beyond profit, actively seeking ways to give back to society through its CSR arm, Zerodha Cares.
About Zerodha Broking Limited CSR: Zerodha Cares
Zerodha's CSR philosophy hinges on the belief that progress thrives on a multi-pronged approach. Integrating economic, social, and environmental objectives, Zerodha Cares focuses on:
Corporate social responsibility (CSR) is an integral part of our company’s culture. As a responsible corporation, we respect the interests of our core stakeholders—our employees, customers, partners, and the wider community—and we actively seek out opportunities both to improve the atmosphere of our workforce and to contribute for the well-being of the communities we are in service to.
CSR Focus Areas & CSR Initiatives
Sanitation: Promoting Hygiene in Schools
Rural school development has been a cornerstone of Zerodha Cares' initiatives. In Mandya District, Zerodha partnered with an NGO to address the lack of basic amenities in a rural school. The project successfully constructed toilets, benefitting more than 3000 school children. This small yet impactful initiative involved village panchayats, parents, government officers, and the community to create awareness about the necessity of toilets for the students.
Education: Supporting education for children
Zerodha is sponsoring the education of 15 tribal students covering academic tutoring, soft skill training, education materials, food, clothing, lodging, toiletries, educational trips, pre-vocational training, and healthcare expenses. The aim is to strengthen and sustain the academic learning interest in tribal children, leading them to take up higher studies and empowering their future
Healthcare:Improving the health and quality of life
Zerodha Cares supports Mobile Medicare Unit (MMU) initiatives with its NGO partner. The program has both immediate short-term impact and long-term improvement in the health and quality of life of marginalized beneficiaries. MMUs address problems of unaffordability, inaccessibility, and non-availability of basic essential healthcare for the poor elderly, with one unit reaching out to 28000-30000 treatments in a year, covering 2000-3000 patients.
Environment: Working Towards a Greener Tomorrow
Considering the consequences of climate change, Zerodha Cares has collaborated with various NGOs to fight against climate change by making the city green. The project includes planting ten thousand trees and developing two man-made islands at Somanahalli Lake. Additionally, Zerodha Cares has successfully planted one thousand trees at Cubbon Park.
For a deeper understanding of Zerodha's CSR commitments, visit their dedicated website: https://zerodha.com/cares/
Zerodha Broking Limited has collaborated with several NGOs to implement its CSR initiatives Zerodha Broking Limited's genuinely embody their commitment towards Corporate Social Responsibility By actively engaging in projects that touch upon key areas like sanitation, education, healthcare, and environmental sustainability, Zerodha Cares exemplifies the positive impact businesses can have on society.
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