SOCIAL

Since its inception in 2008, MIF has focused on providing quality healthcare for underprivileged communities in the country benefitting almost 35 lakh individuals in over 800 locations, in collaboration with more than 450 NGO partners.

In April 2019, MIF renewed its focus towards plugging the gaps in India’s education system, particularly in areas of value-based education and quality schooling. Thus, in addition to supporting NGOs and organisations in the area of foundational learning, MIF also directly drives and coordinates the science and practice of Social, Emotional Ethical (SEE) Learning, which fosters holistic education and the development of emotional intelligence for students and educators.

In April 2019, MIF renewed its focus towards plugging the gaps in India’s education system, particularly in areas of value-based education and quality schooling. Thus, in addition to supporting NGOs and organisations in the area of foundational learning, MIF also directly drives and coordinates the science and practice of Social, Emotional Ethical (SEE) Learning, which fosters holistic education and the development of emotional intelligence for students and educators.

MSFL’s subsidiary Max Life Insurance has supported 10 NGOs working in the areas of preventive healthcare, health awareness, artificial limbs, rehabilitation of patients, nourishment to children, immunisation and medicines to underprivileged patients thereby benefitting 43,596 people overall.

In 2020, Max Life dedicated 16% of its total CSR budget towards COVID-19 support initiatives:

• Contribution of 20,000 PPE kits to doctors and healthcare workers
• Contribution of 50,000 safety kits to police officials
• Contribution of 6000 safety kits to Security guards of 120 RWAs of Delhi/NCR
• Contribution of 5000 kits for recovering patients of Government hospitals
• Contribution of 5500 Antigen testing kits to Haryana Government

Furthering the social practices under its ESG framework, MFSL has policies and procedures in place to prevent any kind of discrimination. It has a ‘Policy on Prevention of Sexual Harassment at Workplace’ in place to ensure the safety and security of its female employees. The Company did not receive any complaint relating to child labor, forced labor, involuntary labor or sexual harassment in 2019-20 and none were pending as of 31 March 2020. The Company does not have any employee association.