In fiscal 2022, an impact assessment study was undertaken for various activities of ICICI Foundation. An external agency conducted the study for activities undertaken in fiscal 2021.
The study evaluated the programmes to measure the impact of value chain projects, rainwater harvesting and other social and environmental projects. It also evaluated the impact of the Dialysis Project as well as activities of ICICI Academy for Skills. The impact was measured across the metrics of impact created, relevance, effectiveness and sustainability.
ICICI Foundation has implemented various value chain based livelihood projects in several regions. The projects are aimed at enabling sustainable livelihood of the locals, self-help groups and tribals. The value chain projects are implemented through locally grown commodities with market linkage and entrepreneurship driven approach to enhance the basic income of these communities. 16 projects, constituting about 30% of the total value chain interventions and representing six zones, were considered for the assessment.
Social value generated on investment of
ICICI Foundation is implementing social and environmental projects across several locations. These projects seek not only to conserve the environment but also provide sustainable livelihood opportunities to the locals. The study covered five projects, operational across five states of India, covering three zones and constituting 30% of the total projects.
Social value generated on investment of
ICICI Foundation’s rooftop rainwater harvesting programme is being implemented across various rural schools in the country. Among the identified districts, 33% are chronically drought-affected districts. The study covered school sites in the semi-arid regions of the country, spread across 12 districts.
Since the project is recent, the real impact of the study can be assessed only after completion of a substantial period. The current analysis captures the potential impact of the project in the mid and long term.
ICICI Foundation has been working continuously to ensure the well-being of citizens. As a step towards promoting healthcare, it has facilitated access to dialysis machines across 30 districts in 14 states in India. The initiative provides free or highly subsidised dialysis treatment to patients with no or limited access to such facility. Further, by placing these machines in towns across various districts, ICICI Foundation has brought affordable healthcare closer to the homes of patients. This initiative reduces the hardships for the patients in terms of time and cost burden, as they no longer need to travel to big cities for dialysis. The patients can be productive for a much longer period pre and post session. The study assessed the project involving all stakeholders, including patients, doctors and caregivers.
Social value generated on investment of
The impact assessment study for ICICI Academy for Skills was conducted through a survey of 433 trainees enrolled in various courses across the country. Knowledge partners, employers and the central team of the Academy also took part in the evaluation process. The key assessment areas spanned inclusiveness, relevance, expectation, convergence and experience on delivery.
Social value generated on investment of
(In Covid scenario)
Social value generated on investment of
(In Business as Usual scenario)