Cognizant announces $250M social responsibility initiative

Cognizant announced a new level in its corporate social responsibility efforts, launching a five-year, $250 million effort to improve economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities around the world.

The Teaneck-based professional services firm said its global presence will help it create stronger, healthier and more inclusive communities as they emerge from the COVID-19 pandemic.

The initiative will include philanthropic capital, volunteer programs, in-kind contributions and business expertise, Cognizant said, including efforts to improve equitable education, D&I initiatives and more.

“As a global company, we care deeply about unlocking human potential,” CEO Brian Humphries said in a prepared statement. “We are determined to live our purpose of improving everyday life and apply our technology and business expertise to help tackle global problems. This $250 million initiative aims to create conditions for people to thrive by expanding access to education, health care and technology, and by advancing diversity and inclusion in communities around the world.”