• Axis Bank Limited: With ₹567.84 Cr allocated to Livelihood Enhancement, 48% of its total CSR spending, Axis Bank has shown a strong focus on community development. The peak spending was in 2017-18 (₹133.77 Cr), but it has maintained a consistent contribution over the years.
• Accenture Solutions Private Limited: A major proponent of Livelihood Enhancement, Accenture dedicated ₹504.47 Cr, making up a massive 98% of its total CSR spend. This indicates a clear strategic priority towards skill development and employment generation, with a steady annual increase in investment.
• HDFC Bank Limited: Spent ₹380.37 Cr on Livelihood Enhancement, which is only 9% of its total CSR budget, suggesting a broader diversification across multiple causes. The highest spending was in 2022-23 (₹277.22 Cr), indicating a recent surge in focus on this area.
• ICICI Bank Limited: With ₹275.59 Cr spent on Livelihood Enhancement, accounting for 15% of its CSR efforts, ICICI Bank has gradually increased its contributions, peaking in 2017-18 (₹56 Cr). However, recent spending has fluctuated, suggesting a shift in funding priorities.
• Tata Steel Limited: Invested ₹268.1 Cr, representing 15% of its total CSR spending. The company’s highest recorded spending was in 2022-23 (₹132.06 Cr), indicating a renewed commitment towards employment and livelihood generation after years of relatively modest contributions.

Key Takeaways:

1. Accenture and Axis Bank are the most committed to Livelihood Enhancement in terms of percentage contribution.
2. HDFC Bank and Tata Steel have recently scaled up investments, suggesting a strategic pivot towards livelihood projects.
3. ICICI Bank has shown fluctuations in spending, possibly indicating a diversified approach across different social initiatives.

• Accenture Solutions Private Limited: A major contributor with ₹504.47 Cr (98% of CSR) dedicated to Livelihood Enhancement, showing consistent yearly investments since 2015-16, peaking at ₹86.82 Cr in 2022-23.
• Axis Capital Limited: Spent ₹19.35 Cr (90% of CSR) on Livelihood Enhancement, with regular investments from 2017-18 onwards, peaking in 2018-19 (₹3.79 Cr) and maintaining steady allocations.
• Gates India Private Limited: Allocated ₹13.33 Cr (99% of CSR) to Livelihood Enhancement, with a gradual rise in spending from 2015-16 to 2022-23, ensuring long-term commitment to employment-focused CSR initiatives.
• Axis Asset Management Company Limited: Spent ₹9.16 Cr, with 100% of its CSR budget directed toward Livelihood Enhancement, reflecting a dedicated and focused approach to employment generation. Contributions increased gradually from 2016-17 to 2021-22.
• Inventaa Industries Private Limited: Dedicated ₹3.76 Cr, with 100% CSR allocation to Livelihood Enhancement, indicating an exclusive focus on skill development. Contributions, though smaller, were consistent from 2016-17 onwards.

Key Takeaways:

1. Accenture Solutions, Axis Capital & Gates India show high % allocation with sustained investments.
2. Axis Asset Management & Inventaa Industries have 100% of CSR funds dedicated to Livelihood, reinforcing a strong commitment to this cause.
3. Axis Capital follows a diversified approach while still maintaining a significant share in Livelihood projects.