Rotary club’s CSR award for HSBC

Staff Reporter

CHENNAI: More and more companies are realising that good corporate practices are not only the right thing to do, but also the smart thing to do, according to U.S. Consul General for south India David T. Hopper.

It is no longer considered a waste of time, he said, conferring the corporate social responsibility (CSR) award for 2006-07 of the Rotary Club of Madras to Naina Lal Kidwai, Group General Manager and Country Head of HSBC, here on Tuesday.

Mr. Hopper said he admired the Rotary Club and its activities, particularly the project to eradicate polio. It was one of the large-scale humanitarian projects in the world with a success rate of 99 per cent.

On receiving the award, Ms. Kidwai expressed satisfaction at getting it as a custodian of HSBC.

“Sustain CSR”

She highlighted the significance and the need for all profit making companies to sustain CSR. “CSR is not a secondary issue, it is a defining strategy which is embedded in our brand,” she added.

A.S. Venkatesh, who would be assuming office as the District Governor shortly, thanked HSBC for its contribution to the Tsunami relief activities of the Rotary Club. The Rotary Club has decided to focus on ‘empowerment of the girl child,’ he added.

Adviser to the president of the Federation of Indian Chambers of Commerce and Industry and former bureaucrat P. Murari was inducted into the club as an honorary member.

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