The 2024 Citizens Awards by the U.S. Chamber of Commerce Foundation honour TCS’ efforts to drive social change through programs that benefit society, partners, suppliers and customers
WASHINGTON | MUMBAI, NOVEMBER 22, 2024 : Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has been recognized by the United States Chamber of Commerce Foundation as the Best Corporate Steward for 2024 in the ‘Large Business’ category. The accolade, part of the Chamber’s 25th Annual Citizens Awards, celebrates TCS’ dedication to corporate social responsibility and community engagement on a global scale.
The Citizens Awards honour businesses that are committed to addressing global challenges with impactful, innovative initiatives. The Best Corporate Steward Award recognizes companies that prioritize social responsibility and build resilient communities while driving shared value. TCS was recognized for its long-term commitment to inclusive growth and shared value, and for helping customers build resilient and sustainable enterprises. Driven by the values of the Tata Group, TCS leverages advanced technology and investments in the wellbeing and growth of its employees, prioritizing people and communities in need.
Marc DeCourcey, Senior Vice President of the U.S. Chamber of Commerce Foundation, said, “Tata Consultancy Services has demonstrated a deep commitment to creating opportunities in the digital economy for those who need it most. Their efforts to empower women, youth, and marginalized communities around the world, coupled with their impressive strides in sustainability, exemplify what true corporate citizenship looks like. We are proud to recognize the far-reaching impact of their initiatives.”
Since 2020, TCS has invested $571 million in social impact initiatives, benefiting 15.9 million women, youth, and marginalized groups worldwide. Its corporate social responsibility focuses on economic opportunities through literacy, work programs, 21st-century education, skills development, and digital entrepreneurship, while also addressing healthcare, climate, water quality, and digital inclusion. Supported by TCS employees globally, who volunteered over 13 million hours, these efforts align with the UN’s 2030 Agenda for Sustainable Development.
Balaji Ganapathy, Chief Social Responsibility Officer, TCS, said, “TCS has always believed that businesses can and should be a force for good. This recognition reflects the trust placed on us by our stakeholders -- from customers and employees, to shareholders, and local communities around the world. We are committed to the principles of long-term value creation, while empowering people with opportunities in the digital economy and building sustainable, resilient communities.”
TCS has long supported clients in North America, its largest market, for 50 years, all while giving back to local communities. Its STEM education programs, goIT and Ignite My Future, have engaged over 2 million students across the US and Canada, equipping them with essential skills such as design thinking and computational knowledge, and inspiring their future careers, thereby bridging the gap for underrepresented student populations in the technology sector.
Amit Bajaj, President, North America, TCS, said, “What makes this U.S. Chamber of Commerce award so satisfying is that we share it with our clients, whose relationships with TCS are built on shared values. We proudly stand shoulder to shoulder with them at events that make a difference to local communities – from STEM education programs in local school districts to major wellness events such as the TCS New York City Marathon and the TCS Toronto Waterfront Marathon.”
TCS’ CSR programs enable individuals, local communities and marginalized groups to succeed. These include:
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 612,700 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.