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REDEFINING
IMPACTStrategic CSR & Sustainability Summit 2017
•A global consulting company operating since 2009 in multiple
disciplines of social development sector with emphasis on
Corporate Social Responsibility (CSR) and sustainability
•A research based organization that renders a vide array of service
in the sector of Health, Education, Environment & Livelihood
•Focused towards enhancing quality across organizational value
chain through meaningful innovation
•Working with corporations & communities to create a sustainable
world
•Helping Corporations as well as civil society organizaions (CSOs)
to engage in value based CSR initiatives
•Aims to create an inclusive & effective growth at grass-root level
FIINOVATION
•Partnership Management
•Policy Design
•Initiative design & Management for Corporations & SMEs
•Monitoring, Evaluation & Learning
•Impact Assessment
•Project Implementation
Fiinovation Practices
Impact Assessment
•Review of intervention and planning process
•Identification of Indicators
•Consultations with targeted stakeholders
•Area exploration
•Consultation with various departments within theorganization
•Analysis of findings and data collation
•Summary and presentation of the findings of ImpactAssessment(IA) report
•Forwarding IA findings to the Board
•Publication of the IA report (as per partnersrequirement)
Benefits for the Corporations
•Increased societal recognition
•Enhanced brand value and reputation
•Positive Image to stakeholders (Stakeholder Perception) & Investors
•Workforce/Employee satisfaction
•Positive relations with government and communities
•Align with the sustainable development goals
•Paradigm shift of stakeholders towards socially & environment friendly business
COMPREHENSIVE
CSR STRATEGY
Responsibility
in the workplace
Responsibility in
the marketplace
Responsibility
For the society
Responsibility for
the environment
Primary Indicators measuring the impact of
the strategy
ANNUAL
SUSTAINABILITY
REPORT
CSR: Business Case
Building
Confidence
New Market
Areas
Social &EnvironmentalLicense toOperate
Social
Recognition
Innovations
Long –term
Growth
Minimizing
Risk
Business Case:
Sustainability
CSR and Sustainability as a Notion - Our Understanding
Globally the concept of CSR encompasses all “related” concept
•Triple Bottom Line
•Strategic Philanthropy
•Shared Value
•Corporate Sustainability
•Business Responsibility
CSR and sustainability - there's an inseparable link amid CSR and
Sustainability
Both imply at continuing commitment to act ethically and
contribute to economic development while improving the quality of
life of the work force and their families as well as local community
and society at large.
Sweat shop and child labor by NIKE
•Nike’s attempt to expand in Asia- led to
malpractices like cheap labour and child labour at
1,000 overseas factories.
•Was illustrated that conditions were sub-par in
several critical areas of Nike’s factories overseas
•1991, Nike’s offshore practices have been
consistently criticized in the press.
•The brand had become an epitome of uncaring
capitalism
•Nike and child labour had become indelibly linked
in the public consciousness
•By 1998, the company accepted it needed to take
responsibility.
Life magazine published a story with a
photograph of a child stitching footballs that
carried the Nike logo
Sweat shop and child labor by NIKE
Concept manifested
itself through charity
that was carried out by
businessmen and
philanthropists
Gandhian philosophy of
trusteeship advocated
the role of PSUs as
important elements
fulfilling the
development agenda.
Economic liberalization
opened the flood gates for
foreign investment. The
global CSR standards
motivated the local
players to enhance their
brand values and meet
customer satisfaction
Global information sharing
allowed government to
incorporate the best
practices that gradually
made India the first country
to mandate CSR
Significant inflow of
contributions by businesses
towards socioeconomic
and environmental initiatives.
Education, healthcare, livelihood
and skill development remain
the areas receiving majority of
the CSR funds.
The saga- Indian context
•Power to define the societal responsibility lies with the businesses themselves.
•Companies Act of 2013 in India, supplements the power by defining the rights of the shareholders
and the responsibility of businesses towards their shareholders
•Schedule VII of the Act places the community at the centre point of all activities
•Advises to formulate CSR Committee of the Board of Directors, responsible for formulating the
firm’s CSR policy
•Corporates need to ensure CSR to be a part of business operations
Towards right direction- the growth story
•The companies have collectively spent Rs 8,185 crore or 92% of the two percent requirement in
FY16, an increase of 27% in CSR spends in 2016 as compared to 2015
•In FY15, companies had spent 80% of the two percent requirement
The story continues- Post 2013 company act
•The companies have collectively spent Rs 8,185 crore or 92% of the two percent requirement in
FY16, an increase of 27% in CSR spends in 2016 as compared to 2015
•In FY15, companies had spent 80% of the two percent requirement
Source: CII (CSR performance of companies in FY 2016)
Industry-wise Segregation of Major CSR Activities Undertaken
by Firms in 2012-13
Industry Health Education Community
Development
Environment Total
Oil & Gas 23.50% 35.29% 29.41% 11.76% 100%
Automobile 40.00% 10.00% 40% 10% 100%
Consumer
Durables
24.76% 21.34% 15.25% 28.75% 100%
Iron & Steel 35.29% 23.53% 35.29% 5.88% 100%
Banking/Financi
al Services
8.57% 20.00% 48.57% 35% 100%
Power 10.00% 10.00% 45% 35% 100%
Infrastructure 8.35% 30.55% 44.44% 16.66% 100%
Cement 22.20% 25.00% 29% 23.8% 100%
Impact management- a long term approach
Community Engagement Satisfaction among beneficiaries
Sustainable and scalability via interventions Long-term impact
A nature conservation programme by UFLEX, supported by AROH foundation and Fiinovation
AIM: to build the capacity of the community to conserve and optimize the natural resource base
Features:
•Uflex’s environmental policy upholds its responsibility towards the planet and the environment
•Sustained engagement in four villages of Gautam Buddha Nagar District Construction of carefully planned in-
situ and ex-situ rainwater harvesting structures that include field bunds and farm ponds to arrest rain water, to
protect soil cover and plantation drive
•Horticulture species were grown on the community and individually owned land which shall provide fodder for
the livestock all year round while also supplementing the farmers’ income by bearing fruits
•Stakeholders involved: Village panchyat, farmers, local administrators, and social workers
Focusing at assessing the definite impact- what’s needed?
Diversity and
inclusion are
embedded in our
practices, product
and culture
Identifying the real needs the real needs- 4 main pillars

Diversity and social
inclusion
Strengthening
Financial
self-sufficiency
and economic
opportunities in
undeserved
communities
Economic
empowerment
Transition to
low-carbon
economy and focus
on reducing climate
change impact
Environmental
sustainability
Focus rigorously on
up scaling skills
among youth in
pace with
automation and
Artificial Intelligence
Skill development
among Youth
Keeping up with emerging technology like AI is crucial
•India has 50 crore people in the notified employable age of 15-59 years
•Of this, the skilled manpower is just 10 percent as against 50-90 percent skilled manpower in the
robust urban economies
•Organizations cannot afford to ignore the new technologies like artificial intelligence and
automation
•With more than 300 million young people gearing up to join the workforce over the next two
decades, country needs to prepare it youth to be in pace with the global revolutions
•Beyond ensuring faster brains, a faster adaptation of technical education and training content
Recent Projects
This project took place in Gautam Buddha Nagar, Uttar Pradesh.
Fiinovation has done – Project conceptualization, Project designing,
Project implementation (In partnership with AROH Foundation) and
Monitoring & Evaluation. It is an environmental project under which 100
farmers will be trained and capacitate to adopt the in-situ and ex-situ
measures of rain water harvesting to meet their irrational needs as well
as for ground water recharge.
Thematic Intervention in the Environment Sector
PI Foundation, a trust by PI Industries initiated their CSR Programme
themed on “Income Generation through Sustainable Agriculture” in
partnership with Fiinovation & Harsha Trust in Odisha. The sustainable
agriculture practices entails the adoption and mainstreaming of the Good
Agriculture Practices among the small and marginal farmers.
Income Generation through Sustainable Agriculture
Continue…
In line with the increasing demand of medical professionals to deal with
emergency situations, RPG Foundation, the non-profit arm of RPG
Enterprises & KEC International Limited, Jhotwara, Rajasthan,
collaborated with Fiinovation for implementing their CSR initiative at
Jaipur, Rajasthan. The project titled “ Sanjeevani Project” was formally
kicked off on 17th November 2016.
Integrated Skill Development Programme in Healthcare Sector
This project took place in Gautam Buddha Nagar, Uttar Pradesh.
Fiinovation was involved with Flex foods right from the project
conceptualization to project designing and finalization stage and at
present Fiinovation has partnered with AROH Foundation to implement
an environmental project. The project involves planting of a fruit bearing
sapling to 100 beneficiaries and monitoring the progress of the plantation
Thematic Intervention in the Environment Sector
Pipavav Railway Corporation Limited commissioned Fiinovation to
execute a third party impact assessment of their CSR initiative at Raska
village, Limbdi block, Surendranagar District, Gujarat. The intervention
focused on installing 100 bio-toilets at the household level. This Impact
Assessment Report is an outcome of the evaluation study conducted by
Fiinovation of the effort made by Pipavav with technical assistance and
collaboration of Community Friendly Movement (NGO).
Impact Assessment of CSR Investment on Bio Toilets
This project took place in the following places - Anantpur & Kurnool in AP,
Jaisalmer in Rajasthan, Mansa & Sangrur in Punjab and Garoth in MP. The
study entailed understanding the demographic details including socio
economic aspects of the people living in the area, availability of
infrastructure etc. Post the need-assessment study, practical
recommendations have been given to mytrah, so as to enable them plan
the CSR project/program.
Need Assessment Study in the Community
Continue…
The project took place in Vijaywada & Vishakapatnam. Laurus Labs Pvt.
Ltd. approached Fiinovation to conduct a Mid term evaluation study. The
evaluative study was carried out with a view to identify the
shortcomings of the project and to further strengthen the CSR initiative
Safe Drinking Water
This project took place in Udaipur (Rajasthan), Kankroli (Madhya Pradesh)
and Mysore (Karnataka). A detailed research was carried out to assess the
efficacy and effectiveness of the Adult Literacy Centres. Fiinovation
designed a descriptive and tailor made parameters on the basis of which
2 month long study has been done. Post which recommendations and
suggestions were given on the basis of which value additions are being
done for the project.
Adult Literacy Project
Continue…
Fiinovation carried out an integrated on-site assessment study . The study
was carried out to explore the avenues that shall be available at the
proposed site for Power Plant in Nana Layja (Mandvi), Gujarat
Integrated on Site Assessment Study with Focus on Skill
Training
Summative Evaluation Study of Skill Training Institute
Continue…
Affiliations
Awards
THANK YOU…
Innovative Financial Advisors Pvt. Ltd.
24/30, Ground Floor, Okhla Industrial Estate, Phase III
New Delhi - 110020, Delhi, India
www.fiinovation.co.in

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Strategic CSR & Sustainability Summit 2017 by Fiinovation

  • 1. REDEFINING IMPACTStrategic CSR & Sustainability Summit 2017
  • 2. •A global consulting company operating since 2009 in multiple disciplines of social development sector with emphasis on Corporate Social Responsibility (CSR) and sustainability •A research based organization that renders a vide array of service in the sector of Health, Education, Environment & Livelihood •Focused towards enhancing quality across organizational value chain through meaningful innovation •Working with corporations & communities to create a sustainable world •Helping Corporations as well as civil society organizaions (CSOs) to engage in value based CSR initiatives •Aims to create an inclusive & effective growth at grass-root level FIINOVATION
  • 3. •Partnership Management •Policy Design •Initiative design & Management for Corporations & SMEs •Monitoring, Evaluation & Learning •Impact Assessment •Project Implementation Fiinovation Practices
  • 4. Impact Assessment •Review of intervention and planning process •Identification of Indicators •Consultations with targeted stakeholders •Area exploration •Consultation with various departments within theorganization •Analysis of findings and data collation •Summary and presentation of the findings of ImpactAssessment(IA) report •Forwarding IA findings to the Board •Publication of the IA report (as per partnersrequirement)
  • 5. Benefits for the Corporations •Increased societal recognition •Enhanced brand value and reputation •Positive Image to stakeholders (Stakeholder Perception) & Investors •Workforce/Employee satisfaction •Positive relations with government and communities •Align with the sustainable development goals •Paradigm shift of stakeholders towards socially & environment friendly business COMPREHENSIVE CSR STRATEGY Responsibility in the workplace Responsibility in the marketplace Responsibility For the society Responsibility for the environment Primary Indicators measuring the impact of the strategy ANNUAL SUSTAINABILITY REPORT
  • 6. CSR: Business Case Building Confidence New Market Areas Social &EnvironmentalLicense toOperate Social Recognition Innovations Long –term Growth Minimizing Risk Business Case: Sustainability
  • 7. CSR and Sustainability as a Notion - Our Understanding Globally the concept of CSR encompasses all “related” concept •Triple Bottom Line •Strategic Philanthropy •Shared Value •Corporate Sustainability •Business Responsibility CSR and sustainability - there's an inseparable link amid CSR and Sustainability Both imply at continuing commitment to act ethically and contribute to economic development while improving the quality of life of the work force and their families as well as local community and society at large.
  • 8. Sweat shop and child labor by NIKE •Nike’s attempt to expand in Asia- led to malpractices like cheap labour and child labour at 1,000 overseas factories. •Was illustrated that conditions were sub-par in several critical areas of Nike’s factories overseas •1991, Nike’s offshore practices have been consistently criticized in the press. •The brand had become an epitome of uncaring capitalism •Nike and child labour had become indelibly linked in the public consciousness •By 1998, the company accepted it needed to take responsibility. Life magazine published a story with a photograph of a child stitching footballs that carried the Nike logo
  • 9. Sweat shop and child labor by NIKE Concept manifested itself through charity that was carried out by businessmen and philanthropists Gandhian philosophy of trusteeship advocated the role of PSUs as important elements fulfilling the development agenda. Economic liberalization opened the flood gates for foreign investment. The global CSR standards motivated the local players to enhance their brand values and meet customer satisfaction Global information sharing allowed government to incorporate the best practices that gradually made India the first country to mandate CSR Significant inflow of contributions by businesses towards socioeconomic and environmental initiatives. Education, healthcare, livelihood and skill development remain the areas receiving majority of the CSR funds.
  • 10. The saga- Indian context •Power to define the societal responsibility lies with the businesses themselves. •Companies Act of 2013 in India, supplements the power by defining the rights of the shareholders and the responsibility of businesses towards their shareholders •Schedule VII of the Act places the community at the centre point of all activities •Advises to formulate CSR Committee of the Board of Directors, responsible for formulating the firm’s CSR policy •Corporates need to ensure CSR to be a part of business operations
  • 11. Towards right direction- the growth story •The companies have collectively spent Rs 8,185 crore or 92% of the two percent requirement in FY16, an increase of 27% in CSR spends in 2016 as compared to 2015 •In FY15, companies had spent 80% of the two percent requirement
  • 12. The story continues- Post 2013 company act •The companies have collectively spent Rs 8,185 crore or 92% of the two percent requirement in FY16, an increase of 27% in CSR spends in 2016 as compared to 2015 •In FY15, companies had spent 80% of the two percent requirement Source: CII (CSR performance of companies in FY 2016)
  • 13. Industry-wise Segregation of Major CSR Activities Undertaken by Firms in 2012-13 Industry Health Education Community Development Environment Total Oil & Gas 23.50% 35.29% 29.41% 11.76% 100% Automobile 40.00% 10.00% 40% 10% 100% Consumer Durables 24.76% 21.34% 15.25% 28.75% 100% Iron & Steel 35.29% 23.53% 35.29% 5.88% 100% Banking/Financi al Services 8.57% 20.00% 48.57% 35% 100% Power 10.00% 10.00% 45% 35% 100% Infrastructure 8.35% 30.55% 44.44% 16.66% 100% Cement 22.20% 25.00% 29% 23.8% 100%
  • 14. Impact management- a long term approach Community Engagement Satisfaction among beneficiaries Sustainable and scalability via interventions Long-term impact A nature conservation programme by UFLEX, supported by AROH foundation and Fiinovation AIM: to build the capacity of the community to conserve and optimize the natural resource base Features: •Uflex’s environmental policy upholds its responsibility towards the planet and the environment •Sustained engagement in four villages of Gautam Buddha Nagar District Construction of carefully planned in- situ and ex-situ rainwater harvesting structures that include field bunds and farm ponds to arrest rain water, to protect soil cover and plantation drive •Horticulture species were grown on the community and individually owned land which shall provide fodder for the livestock all year round while also supplementing the farmers’ income by bearing fruits •Stakeholders involved: Village panchyat, farmers, local administrators, and social workers
  • 15. Focusing at assessing the definite impact- what’s needed? Diversity and inclusion are embedded in our practices, product and culture Identifying the real needs the real needs- 4 main pillars  Diversity and social inclusion Strengthening Financial self-sufficiency and economic opportunities in undeserved communities Economic empowerment Transition to low-carbon economy and focus on reducing climate change impact Environmental sustainability Focus rigorously on up scaling skills among youth in pace with automation and Artificial Intelligence Skill development among Youth
  • 16. Keeping up with emerging technology like AI is crucial •India has 50 crore people in the notified employable age of 15-59 years •Of this, the skilled manpower is just 10 percent as against 50-90 percent skilled manpower in the robust urban economies •Organizations cannot afford to ignore the new technologies like artificial intelligence and automation •With more than 300 million young people gearing up to join the workforce over the next two decades, country needs to prepare it youth to be in pace with the global revolutions •Beyond ensuring faster brains, a faster adaptation of technical education and training content
  • 17. Recent Projects This project took place in Gautam Buddha Nagar, Uttar Pradesh. Fiinovation has done – Project conceptualization, Project designing, Project implementation (In partnership with AROH Foundation) and Monitoring & Evaluation. It is an environmental project under which 100 farmers will be trained and capacitate to adopt the in-situ and ex-situ measures of rain water harvesting to meet their irrational needs as well as for ground water recharge. Thematic Intervention in the Environment Sector PI Foundation, a trust by PI Industries initiated their CSR Programme themed on “Income Generation through Sustainable Agriculture” in partnership with Fiinovation & Harsha Trust in Odisha. The sustainable agriculture practices entails the adoption and mainstreaming of the Good Agriculture Practices among the small and marginal farmers. Income Generation through Sustainable Agriculture
  • 18. Continue… In line with the increasing demand of medical professionals to deal with emergency situations, RPG Foundation, the non-profit arm of RPG Enterprises & KEC International Limited, Jhotwara, Rajasthan, collaborated with Fiinovation for implementing their CSR initiative at Jaipur, Rajasthan. The project titled “ Sanjeevani Project” was formally kicked off on 17th November 2016. Integrated Skill Development Programme in Healthcare Sector This project took place in Gautam Buddha Nagar, Uttar Pradesh. Fiinovation was involved with Flex foods right from the project conceptualization to project designing and finalization stage and at present Fiinovation has partnered with AROH Foundation to implement an environmental project. The project involves planting of a fruit bearing sapling to 100 beneficiaries and monitoring the progress of the plantation Thematic Intervention in the Environment Sector
  • 19. Pipavav Railway Corporation Limited commissioned Fiinovation to execute a third party impact assessment of their CSR initiative at Raska village, Limbdi block, Surendranagar District, Gujarat. The intervention focused on installing 100 bio-toilets at the household level. This Impact Assessment Report is an outcome of the evaluation study conducted by Fiinovation of the effort made by Pipavav with technical assistance and collaboration of Community Friendly Movement (NGO). Impact Assessment of CSR Investment on Bio Toilets This project took place in the following places - Anantpur & Kurnool in AP, Jaisalmer in Rajasthan, Mansa & Sangrur in Punjab and Garoth in MP. The study entailed understanding the demographic details including socio economic aspects of the people living in the area, availability of infrastructure etc. Post the need-assessment study, practical recommendations have been given to mytrah, so as to enable them plan the CSR project/program. Need Assessment Study in the Community Continue…
  • 20. The project took place in Vijaywada & Vishakapatnam. Laurus Labs Pvt. Ltd. approached Fiinovation to conduct a Mid term evaluation study. The evaluative study was carried out with a view to identify the shortcomings of the project and to further strengthen the CSR initiative Safe Drinking Water This project took place in Udaipur (Rajasthan), Kankroli (Madhya Pradesh) and Mysore (Karnataka). A detailed research was carried out to assess the efficacy and effectiveness of the Adult Literacy Centres. Fiinovation designed a descriptive and tailor made parameters on the basis of which 2 month long study has been done. Post which recommendations and suggestions were given on the basis of which value additions are being done for the project. Adult Literacy Project Continue…
  • 21. Fiinovation carried out an integrated on-site assessment study . The study was carried out to explore the avenues that shall be available at the proposed site for Power Plant in Nana Layja (Mandvi), Gujarat Integrated on Site Assessment Study with Focus on Skill Training Summative Evaluation Study of Skill Training Institute Continue…
  • 24. THANK YOU… Innovative Financial Advisors Pvt. Ltd. 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi - 110020, Delhi, India www.fiinovation.co.in