TEANECK, N.J., Feb. 25, 2021 /PRNewswire/ -- Cognizant (Nasdaq:
CTSH) today announced a new five-year $250
million effort to advance economic mobility, educational
opportunity, diversity and inclusion, and health and well-being in
communities around the world. Building on its longstanding
investment in corporate social responsibility, Cognizant, with its
extensive global presence, will work to create stronger, healthier,
and more inclusive communities as they emerge from the COVID-19
pandemic.
"As a global company, we care deeply about unlocking human
potential," said Brian Humphries,
CEO, Cognizant. "We are determined to live our purpose of improving
everyday life and apply our technology and business expertise to
help tackle global problems. This $250
million initiative aims to create conditions for people to
thrive by expanding access to education, healthcare, and
technology, and by advancing diversity and inclusion in communities
around the world."
This $250 million initiative will
leverage new philanthropic capital, volunteer programs, in-kind
contributions, and business expertise to:
- Provide equitable educational opportunities to equip students,
learners, and workers with 21st-century skills needed to succeed in
the digital economy;
- Advance economic mobility, working toward a future where all
communities have the resources, opportunities, and infrastructure
needed to thrive;
- Improve the health and well-being of individuals and families
to ensure communities are healthy and can achieve their fullest
potential; and
- Champion initiatives that advance diversity, equity, and
inclusion, particularly for underrepresented and underserved
populations around the world.
Beginning in 2021, Cognizant and its foundations will expand
grantmaking in the U.S. and India
to new global markets where the company continues to grow its
operations, including Australia,
Canada, Germany, and the UK. In addition, Cognizant
will introduce new philanthropic programs to advance diversity and
inclusion efforts in partnership with Cognizant's Affinity Groups,
supporting African American, Latinx, LGBTQ, Pan-Asian, women, and
veteran communities. New programs will also expand
opportunities for employees to contribute their time and skills,
and deploy additional COVID-19 relief funds that build on
commitments made in 2020. These included launching the Pandemic
Response Challenge with XPRIZE, supporting clients in bringing
vaccines to market, and assisting more than 100 million people with
healthcare enrollment.
To date, Cognizant and its foundations estimate they have
impacted more than 4 million people, working with over 300
organizations to increase access to quality education and
healthcare and improve economic mobility in communities where
Cognizant operates. More than 166,000 employees have volunteered
their time and expertise in support of these efforts over the last
five years.
To stay updated as Cognizant announces CSR programs and
investments, please visit: www.cognizant.com/impact
###
About Cognizant
Cognizant (Nasdaq-100: CTSH) is one of
the world's leading professional services companies, transforming
clients' business, operating and technology models for the digital
era. Our unique industry-based, consultative approach helps clients
envision, build and run more innovative and efficient businesses.
Headquartered in the U.S., Cognizant is ranked 194 on the Fortune
500 and is consistently listed among the most admired companies in
the world. Learn how Cognizant helps clients lead with digital at
www.cognizant.com or follow us @Cognizant.
For more information, contact:
U.S.
|
Europe
|
Asia-Pac
|
Jodi
Sorensen
|
Grazia
Valentino-Boschi
|
Harsh
Kabra
|
jodi.sorensen@cognizant.com
|
grazia@cognizant.com
|
harsh.kabra@cognizant.com
|
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SOURCE Cognizant