HYDERABAD & BENGALURU, India--(BUSINESS WIRE)--Wells Fargo India Solutions announced that nearly INR 42,00,000 was raised during its annual Fundraising Week, held May 8 - 12, 2017. The funds raised will be used to support various causes, from facility upgrades in schools, to health programs and environmental awareness efforts. Fundraising activities were led by team members through the sale of homemade or pre-loved items, and by organizing entertainment activities that allowed Wells Fargo team members to donate cash for chosen beneficiaries.
Proceeds from this year’s Fundraising Week will be used for various outreach activities through our partner non-governmental organizations (NGOs) in areas such as sanitation, drinking water, initiatives for ensuring the safety and security of school students, and school facility improvement in sports equipment, libraries, and computer labs. A few of the organizations that will benefit from the funds raised by Wells Fargo team members include Swanthana, an organization that supports people with disabilities; Diya Foundation, a home for physically and mentally challenged girls; PSS Trust, supporting higher education of students; Snehadaan, home for children affected by HIV; and Akshaya Patra Kitchen, which will be using the funds for building a bio-gas plant to support its school lunch program.
Wells Fargo has a long-term association with these institutions, working in tandem with partner NGOs.
“We have a robust annual calendar of community support programs and volunteer activities,” said Prakriti Panwar, head of Corporate Sustainability for Wells Fargo. “What makes Fundraising Week unique is the fact that it gets our team members involved in supporting social causes in a fun way.”
Fundraising Week is an important part of Wells Fargo’s commitment to volunteerism. It has evolved over the years, becoming an ever more popular event with a fun atmosphere. This year, team members set up stalls for food, handmade jewelry, art work, fun games, a photo booth, and pre-loved books, among other things.
“Driven by the spirit to give to causes close to our hearts, our team members come up with very creative ways of generating funds. Aside from making an impact on the communities we live in, the week-long event also strengthens the commitment of our team members to give back to the community,” Panwar added.
Proceeds from the previous year’s Fundraising Week, amounting to INR 33,43,000, were given to partner organizations to be used for activities that included setting up a bio-gas plant at Akshayapatra Kitchen, funding higher education of students at PSS Trust, supporting a skill training center for students affected by HIV, provisioning sanitation for a government school in Gori Palya, and contributing to organizations such as Swanthana and Aditya Mehta Foundation that support people with disabilities. Globally, Wells Fargo team members volunteered close to 1.8 million hours of service in 2016, and the company has organized Wells Fargo Volunteer Chapters in 10 countries around the world.
Corporate Social Responsibility (CSR) at Wells Fargo
Wells Fargo has established a new five-year strategy and commitment focused on three priority areas: diversity and social inclusion, economic empowerment, and environmental sustainability. These areas form the foundation of our CSR strategy, and are brought to life through our initiatives. We want all our team members to be community leaders. We need team members, regardless of rank or title, to be our eyes and ears, to help us identify and decide how Wells Fargo should respond to community needs. Our team members pledge their time and money to teach, build schools, work on environmental projects, raise funds and serve in nonprofit organizations. The work is driven by the objective of genuine social impact brought about by contributing monetary resources and time in the form of team member volunteerism.
About Wells Fargo Enterprise Global Services (EGS) - India
Wells Fargo Enterprise Global Services (EGS) is a critical component of Wells Fargo’s (Wells Fargo Bank, N.A.) strategy to leverage distinct advantages in doing business in a global environment. Wells Fargo EGS - India (Wells Fargo India Solutions Private Limited and Wells Fargo International Services Private Limited) is primarily an extension of the technology, operations, knowledge services, and corporate support teams of Wells Fargo. It engages in application development and support, testing, other technology functions, international operations, knowledge support, and middle and back-end banking process solutions for a wide spectrum of Wells Fargo’s needs. The entities currently have more than 9500 team members across their offices in Hyderabad, Bengaluru, and Chennai.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.