Focus on developing and providing world class infrastructure at government schools
Bangalore, 3rd July 2018: Embassy Group, India’s leading real estate developer has partnered with Swiss Re Foundation, the philanthropic arm of Swiss Re, with the goal to develop and nurture Government Schools in and around Bangalore.
This partnership has seen Embassy Group working with Swiss Re Foundation and the Bangalore North Round Table in the construction of the Government Girls Higher Primary School, Devanahalli. The first phase of construction was sponsored by Swiss Re in 2016. Last year in collaboration with Kitab Korner, Swiss Re set up the library and a reading program at the school. With the planned construction complete, both partners will work together to provide several holistic and innovative educational programs which will positively impact around 260 students enrolled at this school.
Embassy Group has provided project management and infrastructural expertise to oversee the design and development activities end to end. The total cost of this project is close to 1.5 crores. The project was completed in 7 months and includes classrooms, staff rooms, a library, science labs, a multipurpose hall, a kitchen and a toilet block. The major portion of the funding for the project has been taken care of by Swiss Re with Bangalore North Round Table also providing support on the ground working closely with local authorities to get the project started.
Under the Embassy Group’s Corporate Social Responsibility Program, the company has invested time, efforts and funds to make a difference to the quality of education to the underprivileged children in the city. Some of the major contributions towards restoration and improvement of Infrastructure including education facilities are the below completed projects:
The Stonehill Government Higher primary School serves the needs of children across 9 villages around the Devanahalli region.
The Government School at Challaghatta caters to the children of the areas and those of migrant laborer’s.
The Government Kannada Model Higher Primary School, Cox Town
The Government PU College, Yelahanka
Dhanush a young student from the Challaghatta Government School expressed his delight saying “I used to hate coming to school because it wasn’t clean – there used to be a garbage dump behind the school and it brought a lot of mosquitos. We also hated the stench it caused, which made it extremely difficult for us to study. Now, it’s finally clean and coming to school is enjoyable again”
Talking about the collaboration with Swiss Re Jitu Virwani, Chairman and Managing Director, Embassy Group said “We strongly believe that the future of India depends upon the quality of education imparted to our children. As such, we at Embassy Group have committed ourselves to build a sustainable eco-system and actively contribute to the social and economic development of the communities where we operate. We are glad to partner with Swiss Re Foundation and Bangalore North Round Table Trust in this project with the similar endeavor of working towards the betterment of the society and look forward to providing all the support to take this relationship further.”
Mike Holland, CEO, Embassy Office Parks said “This partnership is part of Embassy Group’s Corporate Connect Programme which initiates, facilitates and supports community outreach programs by many of the 190 corporate occupiers of Embassy office parks in Bangalore. Corporate Occupiers welcome the opportunity to partner and support the economically weaker sections of the society especially under-served government schools and school children. Apart from collaborating on the CSR mandates of the Corporates, this initiative also provides opportunities for employee engagement which are enthusiastically received by the employees. These projects are a way of giving back and connecting to the communities where we operate.”
Embassy Group has committed itself to equip students with the skills for self-development and future employability by providing better facilities, infrastructure, and support to government schools across Bangalore. As a part of this initiative Embassy has adopted and is currently supporting 17 schools and a children’s home, with over 7000 children benefitting. It endeavors to empower each of its schools with essential necessities including safe infrastructure, clean facilities, basic amenities including uniforms, notebooks, stationary and backpacks, access to quality educational programs, additional staff, and opportunities to engage in interactive events that help nurture these young minds.
Sharing views on CSR initiatives, Amit Kalra, Head Global Services Bangalore and Managing Director, Swiss Re Global Business Solutions said ” We at Swiss Re Global Business Solutions Centre Bangalore are driven by the CSR vision of a long-term and meaningful engagement to positively impact society. While we were consolidating our CSR efforts towards empowerment through holistic education, we wanted to join hands with the right organizations who can bring their strengths to fulfil our aspiration. In Embassy, we not only found a world-class real-estate expert that could help expand the Government Girls’ Higher Primary School, Devanahalli, in record time, but also an extremely committed partner that is passionate about activating its strong network to bring together multiple individual corporate CSR efforts, and thereby broaden the positive impact of societal change. We are now looking forward to an even stronger association with Embassy to make meaningful contribution to the society.”
Speaking on this partnership, Mithun Aswath, Chairman of Bangalore North Round Table Trust said, “For Bangalore North Round Table Trust, this project in association with Swiss Re and the Embassy Group is under the National Mandate of Round Table India: Freedom Through Education” (FTE). FTE is basically a spectrum of activity where Round Table India has created school infrastructure for the needy across the country under the premise that education is truly what creates social progress. Bangalore North Round Table Trust has actively pursued this mandate over the years and completed many school projects.”
About Embassy Group:
Embassy is one of the leading property developers in India with a track record of over three decades in real estate development. Embassy has an extensive land bank across the country and has developed over 45 million sq ft of prime commercial, residential and retail space in India. Embassy’s portfolio of real estate developments spans the commercial, residential, industrial & warehousing, retail and hospitality segments of the real estate industry. Embassy’s ongoing residential projects include luxury apartments, villas and integrated townships. The Residential portfolio includes 8 million sq feet completed, and 15 million sq. feet of ongoing and future development. Embassy’s Hospitality business comprises of 2 Hotels in Bangalore, and 5 under construction, including the Four Seasons Hotel scheduled for opening in Sept 2018. The commercial real estate business includes the development of business parks, and ten SEZ across South India including India’s first and only IGBC Platinum Certified Business Park Campus. The portfolio includes 4 Grade A Office Parks in 4 cities, with over 200 corporate occupiers, providing work space to more than 230,000 employees. Embassy Office Parks has delivered close to 30 million sq feet of commercial properties, with a strong pipeline of over 22 million sq feet at various stages of development. Embassy Office Parks are estimated to have generated in excess of $20 billion in exports under the STPI and SEZ schemes, since inception.
For more information, visit www.embassyindia.com
About Swiss Re Foundation:
Swiss Re Foundation is a non-profit organisation committed to care and concern for society and the environment. Launched in 2012 by global re/insurer Swiss Re, the Foundation aims to make people more resilient towards natural hazards, climate change, population growth, water scarcity and pandemics, along with other challenges to society’s security, health and prosperity. It also supports community projects and employee volunteering in locations where Swiss Re has offices. www.swissrefoundation.org
About Swiss Re:
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public-sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk-taking upon which enterprise and progress in society depend. Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of around 70 offices globally and is rated “AA-” by Standard & Poor’s, “Aa3” by Moody’s and “A+” by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the International Reporting Standard on the SIX Swiss Exchange and trade under the symbol SREN.
For more information about Swiss Re Group, please visit: www.swissre.com or follow us on Twitter @SwissRe. Swiss Re has been associated with Asia since 1913 and has over 1,900 employees in Asia Pacific. The company has offices in Beijing, Hong Kong, Kuala Lumpur, Mumbai, Tokyo, Seoul, Shanghai, Sydney, Singapore and Bangalore, where it operates a Global Business Solutions Centre.
About Bangalore North Round Table Trust:
Bangalore North Round Table Trust is a part of Bangalore North Round Table 25 and is a registered trust under the aegis of Round Table India. Round Table India is a body and movement of people, primarily young entrepreneurs and professionals under the age of 40, which has 270+ active chapters in India. BNRT25 is one of the 270 chapters and since its charter in 1971 has been one of the most active chapters in Round Table India. BNRT25 prides itself on having done innumerable number of projects for betterment of society. It is a transient organization where members retire at 40 but the fabric of doing creditable work has continued through more than 4 and half decades.
Embassy – PR and Media Relations Officer