HCLTech Commits $1 Million in Third Edition of Climate Action Grant Program

HCL Technologies , a global technology leader, has announced the third edition of its Climate Action Grant in the Americas program, allocating $1 million to support innovative climate solutions across ten countries. This initiative, part of a larger $5 million commitment over five years, aims to foster biodiversity restoration and sustainability efforts in the region.

Program Details and Impact

The Climate Action Grant program, launched in 2023, has already made significant strides in its first two editions:

Metric	Achievement
Total Grants Awarded	$2 million
Number of Non-Profits Supported	6
Young People and Educators Empowered	Over 1,400
Longleaf Pine Forest Restored	88 acres
Trees Planted	Over 50,000
Students Inspired for Sustainable Community Design	More than 1,000

Expanded Reach

The third edition of the program will extend its impact to ten countries:

Argentina
Brazil
Canada
Colombia
Costa Rica
Guatemala
Mexico
Panama
Peru
United States

Application Process

Eligible non-profits can apply for the grant through the following timeline:

Application Portal Opens: October 24, 2025 (International Day of Climate Action)
Application Deadline: January 24, 2026
Winners Announcement: June 5, 2026 (World Environment Day)

HCLTech's Sustainability Credentials

HCLTech's commitment to sustainability extends beyond this grant program. The company has received several recognitions for its efforts:

'Gold' rating for advanced sustainability performance by EcoVadis
Inclusion in the S&P Global Sustainability Yearbook 2024 (third consecutive year)
98% 'Platinum' rating for owned buildings by the Green Building Councils

Company Overview

HCLTech continues to be a major player in the global technology sector:

Metric	Value
Global Workforce	Over 226,600
Countries of Operation	60
Consolidated Revenues (12 months ending September 2025)	$14.2 billion

Dr. Nidhi Pundhir, Senior Vice President of Global CSR at HCLTech, emphasized the program's significance: "The diversity of ideas and the passion driving these projects reaffirm our belief that innovation and collaboration are key to shaping climate action."

For more information about the HCLTech Climate Action Grant in the Americas and the application process, interested parties can visit americas-grant.hcltech.com.

As HCLTech continues to expand its sustainability initiatives, this grant program represents a significant step in the company's commitment to addressing global climate challenges through local, innovative solutions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.01%	+2.53%	+5.65%	-3.96%	-17.40%	+79.74%

HCL Technologies (HCLTech) has announced a groundbreaking artificial intelligence (AI) innovation partnership with Dubai Islamic Bank (DIB) at GITEX GLOBAL 2025, marking a significant step towards the future of Islamic banking.

Partnership Highlights

Objective: To accelerate AI adoption across DIB's ecosystem
Focus Areas: Personalized customer experiences, enhanced decision-making, streamlined processes, and strengthened risk and compliance frameworks
Alignment: Ensure AI adoption remains in line with Shariah principles

Key Details of the Collaboration

Aspect	Details
HCLTech's Contribution	AI Advisory, Advanced AI capabilities, Global alliances with hyperscalers and technology partners
DIB's Vision	AI-driven future enhancing customer value, empowering staff, and strengthening governance
Implementation Approach	Responsible, transparent, and Shariah-compliant AI adoption

About the Partners

Dubai Islamic Bank (DIB)

Metric	Value
Founded	1975
Status	World's first Islamic bank, Largest in UAE
Assets	Over USD 95.00 billion
Market Capitalization	More than USD 14.00 billion
Global Presence	500+ branches across Middle East, Asia, and Africa
Workforce	Exceeding 10,000 employees
Customer Base	Over 5 million globally

HCL Technologies (HCLTech)

Metric	Value
Global Workforce	Over 226,600 people
Geographical Presence	60 countries
Annual Revenue	USD 14.20 billion (12 months ending September 2025)
Key Focus Areas	AI, digital, engineering, cloud, and software

Strategic Implications

This partnership represents a significant move in the Islamic banking sector, showcasing how traditional financial institutions are embracing cutting-edge technology to enhance their services. By leveraging HCLTech's expertise, DIB aims to position itself at the forefront of AI-driven innovation in Islamic finance.

Obaid Al Shamsi, Chief Operating Officer of DIB, emphasized the bank's commitment to responsible innovation, stating, "Our partnership with HCLTech marks a pivotal step forward in realizing our vision of an AI-driven future that enhances value for our customers, empowers our people and strengthens our governance frameworks."

Vineet Shukla, Country Head Middle East at HCLTech, expressed enthusiasm about the collaboration, highlighting the potential to "unlock innovation, enhance operational agility and deliver differentiated experiences for customers" through HCLTech's full-stack AI portfolio and domain expertise.

As the partnership unfolds, it is expected to set new standards for AI integration within Islamic banking, creating a smarter, more inclusive, and sustainable financial ecosystem. This collaboration not only reinforces DIB's position as a leader in Islamic finance but also demonstrates HCLTech's capability to deliver transformative technology solutions in the financial sector.

The announcement at GITEX GLOBAL 2025 underscores the growing importance of AI in shaping the future of banking and finance, particularly in regions where Islamic banking plays a crucial role in the financial landscape.