"The workshop was useful and CSR person must know before entering field. The key take away from the session was how unused amount can be used by company trust / foundation ; due diligence and process"
P Vairavel, Excutive CSR, Titan
 
" The workshop had good interaction, I liked the session on Identification of agency, monitoring mechanism"
C S Srikantaswamy, Senior Manager, Canara Bank
 
"The workshop is very useful to us. For the various ways of analysis Monitoring & evaluation."
Rekhasri, Executive Research Analyst, Piramal Swasthya (HMRI)

Customer Speak 

Why Social Equity Advisory Services?

  • Abha is a certified CSR professional of ‘World Bank Institute’& International Finance Corporation (IFC).

  • Social Equity works closely with Gayatri Subramaniam of Indian Institute of Corporate Affairs and most of the compliance related work is done under their guidance.

  • Abha has:

    • Successfully developed and implemented end-to-end CSR programs for large corporates

    • Experience of working with various NGOs

    • A good network in the NGO community in India and Europe by way of being a Rotarian for more than 12 years.

    • Developed framework for measurement and reporting

CSR CONSULTING

Section 135 of the recently passed Companies Act (2013), has changed the way companies now view Corporate Social Responsibility (CSR). Earlier, CSR was merely philanthropy or ad-hoc projects that were taken up by individuals in the organization who understood the need or believed in such work. It was, typically, considered as an ‘additional responsibility’ for either the marketing or HR team/s.  However, with the new law in place, corporate organizations have been able to recognize CSR as a ‘core’ activity and for the first time discussions about CSR and its activities are now a part of the CEOs agenda in the board room!

 

Companies that qualify under the ambit of Section 135 must mandatorily conduct CSR activities. The companies included are- those with -  a net worth of rupees 500 croreor more; or a turnover of rupees 1000 crore or more; or a net profit of rupees 5 crore or more during any fiscal year.  These companies are expected to spend the prescribed 2% of their net profit on CSR activities for the applicable year based on the indicative sectors as provided under Schedule VII of the Act.

 

This mandate clearly indicates the need for the above-mentioned companies to  create a CSR committee  to - define the company’s CSR policy and strategy; identify  variety of projects and programs to implement ; develop transparent monitoring mechanisms to  track the flow of funds  as well as measure the impact the  CSR program/s. The law holds the Board and the CSR Committee liable and responsible for the same, making such a mechanism all the more essential.

 

As the new law rolls-out, it is apparent that companies that were  either already carrying out CSR activities / programs or those that will now be required to start this activity, would need extensive professional assistance  from experts in the CSR domain. This is where ‘Social Equity Advisory Services’ can be of assistance.  

Services Offered 

Awareness Creation and Capacity Building:

 

  • The Companies Act, 2013; Section 135, 134 and 198

  • Capacity building of the CSR teams

 

 

CSR Strategy & Policy Creation:

  • Compliance to provisions of the Act;  

  • Consultation with enabling organizations; 

  • Sustainability of the Project/Program

  • Result orientation & Scalability; 

 

 

CSR Projects:

  • Design,

  • Development

  • Implementation process

Monitoring and Evaluation:

 

  • Mandate,

  • Budget,

  • MIS,

  • Human Architecture,

  • Feedback

  •  

 

Reporting:

  • Accounting,

  • Governance mechanism,

  • Documentation and Communication