Macquarie Group has funded Safe Water Network India as part of their CSR initiatives, which will be used for setting up three solar enabled iJal stations in villages or peri urban areas around the existing Maharashtra cluster in Bhandara district. The ground water on which rural communities depend in this region is often contaminated with high salinity and fluoride making it unsafe for human consumption.
Through this grant safe water would be made accessible to about 9-10,000 people reducing the drudgery of women and girl child and bringing benefits of good health.
The Macquarie Group Foundation was established in 1985 to formalise Macquarie Group’s community support program and to provide a leadership role in corporate philanthropy. Each year, Macquarie supports more than 1,500 community organisations, across the arts, education, health, welfare and environment sectors. The Macquarie Group Foundation provides support to community organisations globally each year through financial support, volunteering and skills sharing, predominantly in the locations in which Macquarie operates.
Macquarie staff activities focus on capacity building within the community sector and increasing their social and economic mobility. Through the staff support policy, the Macquarie Group Foundation matches Macquarie staff donations and fundraising for not-for-profit organisations, helping to address both short and long-term needs. In the 12 months to 31 March 2016, Macquarie staff contributed more than 46,000 hours of volunteering in this way.