HCLTech Awards $1 Million to NGOs for Climate Action Solutions
HCLTech's Commitment to Climate Change Solutions
In a remarkable initiative to combat climate change, HCLTech has awarded $1 million to three non-government organizations (NGOs) as part of the second edition of the HCLTech Climate Action Grant in the Americas. This funding is aimed at fostering the development of innovative and scalable solutions to address the pressing issue of climate change across the region.
Selected Recipients and Their Projects
This year, HCLTech received over a 70% increase in applications, showcasing a growing desire among NGOs to contribute to climate action. The selected recipients of the grant included Osa Conservation, Daily Acts, and Ocean Wise. Osa Conservation will be awarded a substantial $500,000, while both Daily Acts and Ocean Wise will receive $250,000 each to support their impactful projects.
Osa Conservation, a respected entity in climate initiatives, is focusing on developing Climate Lifeboat corridors. This innovative project is designed to facilitate the migration and survival of various species affected by climate change. By reconnecting fragmented tropical habitats, it enhances climate adaptation and preserves vital ecosystems across vast areas.
Meanwhile, Daily Acts, based in California, aims to leverage its funding for a community-powered climate resilience initiative. The project aims to unify governmental strategies with grassroots efforts to improve water management and stormwater mitigation, enhancing social infrastructure in neighborhoods throughout the region.
On the Pacific coast, Ocean Wise is setting its sights on kelp forest restoration. This initiative works to tackle the overpopulation of urchins, which threaten kelp forests, by utilizing advanced technology and ecological research to bolster marine biodiversity and support local coastal communities.
The Importance of Climate Action
Dr. Nidhi Pundhir, Senior Vice President of Global CSR at HCLTech, articulated the significance of supporting the grant recipients. She highlighted how projects like these are vital in reconnecting natural habitats and enhancing community resilience to climate impacts. The substantial increase in applications this year underscores the urgency of addressing climate change challenges through collaboration and supportive initiatives.
HCLTech’s Climate Action Grant is part of a broader commitment to sustainability, having previously committed $5 million in its inaugural year to facilitate sustainable solutions against the climate crisis. This program is aligned with HCLTech and the HCLFoundation's mission to promote global sustainability, with investments totaling over $175 million dedicated to corporate social responsibility initiatives.
Recognizing Commitment to Environmental Sustainability
HCLTech remains a frontrunner in environmental stewardship, receiving recognition for its sustainable practices. The company has been honored as an Industry Mover by S&P Global Sustainability Yearbook 2023, reflecting its commitment to making a positive environmental impact. HCLTech continues to collaborate with various prominent U.S.-based organizations to extend its reach and promote sustainability efforts.
About HCLTech
HCLTech is a global technology powerhouse, employing over 223,000 experts across 60 countries. Offering exceptional capabilities in digital, engineering, cloud, and AI, the company serves numerous industries. With consolidated revenues reaching $13.8 billion for the fiscal year ending in March 2025, HCLTech is dedicated to empowering organizations through cutting-edge technology and solutions.
Frequently Asked Questions
What is the HCLTech Climate Action Grant?
The HCLTech Climate Action Grant is an initiative designed to support NGOs in developing scalable solutions to combat climate change across the Americas.
Who are the recipients of the 2025 HCLTech Climate Action Grant?
The recipients include Osa Conservation, Daily Acts, and Ocean Wise, each receiving funding to support their respective climate action projects.
What specific projects are being funded?
Projects include Climate Lifeboat corridors by Osa Conservation, community climate resilience initiatives by Daily Acts, and kelp forest restoration by Ocean Wise.
How much funding was awarded this year?
A total of $1 million was awarded, with Osa Conservation receiving $500,000 and Daily Acts and Ocean Wise each receiving $250,000.
What does HCLTech aim to achieve with this grant?
HCLTech aims to enhance environmental sustainability and community resilience by funding innovative projects that address the effects of climate change.
About The Author
Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
