PFC Receives “CSR Champion Award” At Outlook Planet Sustainability Summit & Awards 2024

This recognition serves as a testament to PFC’s continued efforts to foster sustainable development and social equity

Power Finance Corporation Limited (PFC) has been recognized for its exceptional contributions to Corporate Social Responsibility (CSR) in the Non-Fossil Fuel (NF) business category at the Outlook Planet Sustainability Summit & Awards 2024, held in Goa. Smt. Parminder Chopra, Chairperson & Managing Director of PFC, received the award from Shri V. Srinivas, Secretary of the Department of Administrative Reforms and Public Grievances, Government of India. The event was attended by officials from the Department of Public Enterprises, IIT Goa, and Outlook.

Summit Highlights:

The Outlook Planet Sustainability Summit & Awards 2024 convened senior government policymakers and top management from Central Public Sector Undertakings (CPSUs) to discuss and highlight exemplary sustainability initiatives. The Summit honored pioneers across various categories for their outstanding contributions to sustainability.

PFC’s CSR Achievements:

PFC’s recognition in the CSR NF category underscores its unwavering dedication to social responsibility and sustainable business practices. The corporation has implemented impactful projects aimed at inclusive growth and equitable development through initiatives in education, capacity building, health, sanitation, environment, skill development, and the empowerment of differently-abled individuals. As a leading public sector enterprise, PFC has consistently extended financial support to various sustainable and developmental initiatives, reinforcing its role as a responsible corporate entity.

Key CSR Initiatives:

  • Education and Capacity Building: PFC has invested in educational programs that enhance learning opportunities and capacity building for underprivileged communities.
  • Health and Sanitation: The company supports health and sanitation projects to improve public health and hygiene standards.
  • Environment and Sustainability: PFC’s environmental initiatives focus on promoting sustainability and ecological balance.
  • Skill Development and Empowerment: Programs aimed at skill development and empowerment of differently-abled individuals are central to PFC’s CSR strategy.

Leadership and Vision:

Smt. Parminder Chopra’s leadership at PFC has been instrumental in driving these CSR initiatives. Her acceptance of the award reflects the corporation’s commitment to integrating social responsibility into its core operations, contributing significantly to India’s sustainable development goals.

The award at the Outlook Planet Sustainability Summit & Awards 2024 highlights PFC’s role as a trailblazer in CSR, setting benchmarks for other organizations in the industry. This recognition serves as a testament to PFC’s continued efforts to foster sustainable development and social equity.

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