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Use CSR to Corporate
Advantage
How corporate India can leverage CSR in long term
An opportunity to solve India’s deep rooted
problem
India is the 3rd largest economy by Purchasing Power
Parity (PPP) and the Company Bill has mandated that
organization of a certain financial strength spend 2% of
their net profit on Corporate Social Responsibility
P ro f i t a b l e O p p o r t u n i t y
Move towards higher value,
volume and profit be made while
giving back to society and the
environment?
India is home to
largest number
of poor and
illiterate
3 out of 10
people need to
be taught how to
read
Caption
4 out of 10
people need to
be given food
Every year two
million children
need to be saved
between 0 to 5
years
Every year 15000
farmers need to
be given hope
A quarter of
population needs
to be taken out
of dark
Over 49% of
urban areas and
65% of rural
areas need to be
given toilets
What it translates
into monitory terms
By 2020 India will be the 3rd largest economy
in the world
What’s the quantum of CSR money we are
looking at
 Money flowing in from India’s Top 500 companies will account for Rs.63
Billion
 From Top 1000 companies: MNCs + Co-operative Banks + SMEs will account
for Rs.120 Billion
If this money is distributed evenly
660 districts of India could get
Rs 18 Crore each
Challenging
Opportunities
Every opportunity comes with challenge and
opportunity to create a difference
Stay Dedicated
Challenge
CSR in most companies is
either part of HR or
Corporate Communication
Solution
Need for a separate
department with specific
deliverables.
Create Processes
Challenge
CSR budgets are expected
to double this will lead to
increased scrutiny by
stakeholders
Solution
Need for re-skilling of
teams and establishment
of processes
Create a Plan and Follow it
Challenge
Many CSR initiatives have
been ad-hoc and not
linked to requirements
Solution
Strategic focus, Measure
stakeholders needs and
aspirations and long term
action plan
Engage and Inform people
Challenge
CSR initiatives in past may
not have formed part of
standard corporate
reporting
Solution
Need to assess, monitor
and report initiatives and
judge efficiencies
Kill Isolation and collaborate
Challenge
Individual companies may
struggle to create
significant impact
Solution
Need for corporate India
to collectively fund efforts
to solve common
problems.
Social Impact Bonds could
be a solution
If done passionately, rather than just
as a responsibility, CSR can yield
strong results and create a much
needed difference
Thankyou
@callmeramzo

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CSR and Corporate India - look at the long-term opportunity

  • 1. Use CSR to Corporate Advantage How corporate India can leverage CSR in long term
  • 2. An opportunity to solve India’s deep rooted problem India is the 3rd largest economy by Purchasing Power Parity (PPP) and the Company Bill has mandated that organization of a certain financial strength spend 2% of their net profit on Corporate Social Responsibility
  • 3. P ro f i t a b l e O p p o r t u n i t y Move towards higher value, volume and profit be made while giving back to society and the environment?
  • 4. India is home to largest number of poor and illiterate
  • 5. 3 out of 10 people need to be taught how to read Caption
  • 6. 4 out of 10 people need to be given food
  • 7. Every year two million children need to be saved between 0 to 5 years
  • 8. Every year 15000 farmers need to be given hope
  • 9. A quarter of population needs to be taken out of dark
  • 10. Over 49% of urban areas and 65% of rural areas need to be given toilets
  • 11. What it translates into monitory terms
  • 12. By 2020 India will be the 3rd largest economy in the world
  • 13. What’s the quantum of CSR money we are looking at  Money flowing in from India’s Top 500 companies will account for Rs.63 Billion  From Top 1000 companies: MNCs + Co-operative Banks + SMEs will account for Rs.120 Billion If this money is distributed evenly 660 districts of India could get Rs 18 Crore each
  • 14. Challenging Opportunities Every opportunity comes with challenge and opportunity to create a difference
  • 15. Stay Dedicated Challenge CSR in most companies is either part of HR or Corporate Communication Solution Need for a separate department with specific deliverables.
  • 16. Create Processes Challenge CSR budgets are expected to double this will lead to increased scrutiny by stakeholders Solution Need for re-skilling of teams and establishment of processes
  • 17. Create a Plan and Follow it Challenge Many CSR initiatives have been ad-hoc and not linked to requirements Solution Strategic focus, Measure stakeholders needs and aspirations and long term action plan
  • 18. Engage and Inform people Challenge CSR initiatives in past may not have formed part of standard corporate reporting Solution Need to assess, monitor and report initiatives and judge efficiencies
  • 19. Kill Isolation and collaborate Challenge Individual companies may struggle to create significant impact Solution Need for corporate India to collectively fund efforts to solve common problems. Social Impact Bonds could be a solution
  • 20. If done passionately, rather than just as a responsibility, CSR can yield strong results and create a much needed difference