Wells Fargo India Solutions Team Members Raise Money for Chosen Beneficiaries

16-Jun-2017 Intellasia | BusinessWire | 4:28 AM Print This Post

Funds to support people, promote environmental awareness and animal
welfare

HYDERABAD & BENGALURU, India–(BUSINESS WIRE)–Wells Fargo India Solutions announced that nearly INR 42,00,000 was
raised during its annual Fundraising Week, held May 8 – 12, 2017. The
funds raised will be used to support various causes, from facility
upgrades in schools, to health programs and environmental awareness
efforts. Fundraising activities were led by team members through the
sale of homemade or pre-loved items, and by organizing entertainment
activities that allowed Wells Fargo team members to donate cash for
chosen beneficiaries.

Proceeds from this year’s Fundraising Week will be used for various
outreach activities through our partner non-governmental organizations
(NGOs) in areas such as sanitation, drinking water, initiatives for
ensuring the safety and security of school students, and school facility
improvement in sports equipment, libraries, and computer labs. A few of
the organizations that will benefit from the funds raised by Wells Fargo
team members include Swanthana, an organization that supports people
with disabilities; Diya Foundation, a home for physically and mentally
challenged girls; PSS Trust, supporting higher education of students;
Snehadaan, home for children affected by HIV; and Akshaya Patra Kitchen,
which will be using the funds for building a bio-gas plant to support
its school lunch program.

Wells Fargo has a long-term association with these institutions, working
in tandem with partner NGOs.

“We have a robust annual calendar of community support programs and
volunteer activities,” said Prakriti Panwar, head of Corporate
Sustainability for Wells Fargo. “What makes Fundraising Week unique is
the fact that it gets our team members involved in supporting social
causes in a fun way.”

Fundraising Week is an important part of Wells Fargo’s commitment to
volunteerism. It has evolved over the years, becoming an ever more
popular event with a fun atmosphere. This year, team members set up
stalls for food, handmade jewelry, art work, fun games, a photo booth,
and pre-loved books, among other things.

“Driven by the spirit to give to causes close to our hearts, our team
members come up with very creative ways of generating funds. Aside from
making an impact on the communities we live in, the week-long event also
strengthens the commitment of our team members to give back to the
community,” Panwar added.

Proceeds from the previous year’s Fundraising Week, amounting to INR
33,43,000, were given to partner organizations to be used for activities
that included setting up a bio-gas plant at Akshayapatra Kitchen,
funding higher education of students at PSS Trust, supporting a skill
training center for students affected by HIV, provisioning sanitation
for a government school in Gori Palya, and contributing to organizations
such as Swanthana and Aditya Mehta Foundation that support people with
disabilities. Globally, Wells Fargo team members volunteered close to
1.8 million hours of service in 2016, and the company has organized
Wells Fargo Volunteer Chapters in 10 countries around the world.

Corporate Social Responsibility (CSR) at Wells Fargo

Wells Fargo has established a new five-year strategy and commitment
focused on three priority areas: diversity and social inclusion,
economic empowerment, and environmental sustainability. These areas form
the foundation of our CSR strategy, and are brought to life through our
initiatives. We want all our team members to be community leaders. We
need team members, regardless of rank or title, to be our eyes and ears,
to help us identify and decide how Wells Fargo should respond to
community needs. Our team members pledge their time and money to teach,
build schools, work on environmental projects, raise funds and serve in
nonprofit organizations. The work is driven by the objective of genuine
social impact brought about by contributing monetary resources and time
in the form of team member volunteerism.

About Wells Fargo Enterprise Global Services (EGS) – India

Wells Fargo Enterprise Global Services (EGS) is a critical component of
Wells Fargo’s (Wells Fargo Bank, N.A.) strategy to leverage distinct
advantages in doing business in a global environment. Wells Fargo EGS –
India (Wells Fargo India Solutions Private Limited and Wells Fargo
International Services Private Limited) is primarily an extension of the
technology, operations, knowledge services, and corporate support teams
of Wells Fargo. It engages in application development and support,
testing, other technology functions, international operations, knowledge
support, and middle and back-end banking process solutions for a wide
spectrum of Wells Fargo’s needs. The entities currently have more than
9500 team members across their offices in Hyderabad, Bengaluru, and
Chennai.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $2.0 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through more than 8,500 locations, 13,000 ATMs, the internet
(wellsfargo.com) and mobile banking, and has offices in 42 countries and
territories to support customers who conduct business in the global
economy. With approximately 273,000 team members, Wells Fargo serves one
in three households in the United States. Wells Fargo & Company was
ranked No. 25 on Fortune’s 2017 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy our customers’
financial needs and help them succeed financially. News, insights and
perspectives from Wells Fargo are also available at Wells
Fargo Stories
.

Contacts

Wells Fargo & Company
Lakshmi Mangalassery, +91 7022892530
[email protected]

 


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