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Strategic CSR: From Agenda Building to Impact Measurement

Strategic CSR: From Agenda Building to Impact Measurement

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Duration: 2 days
Dates: November 25-26, 2020
Programme Director: Prof. Shallini Taneja
Fees: Rs. 16,000 (Non-Residential), Rs. 28,000 (Residential) Plus GST @18%

INTRODUCTION:

Corporate Social Responsibility (CSR) measures for both public and private sector corporations in India have gathered a certain momentum due to economic reforms and globalization pressures. The formulation of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (“CSR Rules”), by the Ministry of Corporate Affairs (MCA), GOI under section 135 of the Companies Act, 2013 schedule VII was a welcome Development. A holistic framework has been given to the industry in the form of the CSR legislation so that strategic planning of their CSR activities would help them to measure the impact of the deliverables at the end of the year. This has also ensured a gradual shift from the traditional model of social welfare to a more strategic CSR model that fits in with the long-term objective of the company. This new avenue of funding national development agenda believed as a new financing and PPP model for sustainable development to developing nations. Companies are strategizing their CSR investment to gain global competitive advantage. Third year of implementation of CSR legislation would be going to end on March 31, 2017. There are some companies who are doing exceptionally good work while some are catching up and some who are still struggling to understand the issues and challenges related to agenda building, operational issues, implementation and especially how to create their own parameters for impact assessment & measurement and reporting practices. Therefore, it is important to ensure that the investment in CSR initiatives must create 'shared value' both for the business and society at large.

OBJECTIVES:

  • To elucidate and review the gradual shift in the understanding of CSR practices and its significance to business strategy.
  • To develop an in depth understanding of approaches, tools and techniques for CSR implementation.
  • To develop insights for conducting the stakeholder engagement and materiality assessment.
  • To develop insights into appropriate disclosure and reporting systems for CSR and Sustainability.
  • To develop the understanding of various qualitative and quantitative tools to measure CSR monitoring, evaluation and impact assessment.

CONTENTS:

  1. Overview of section 135, schedule VII of CSR Rules under the Companies Act 2013
  2. CSR agenda formulation process and content (Creating instrument for baseline study)
  3. Strategic Engagements with internal and external stakeholders (Collaborative frameworks; stakeholder engagement and materiality assessment)
  4. CSR implementation process and issues
  5. Evaluation of CSR projects: Monitoring, evaluation and impact assessment (qualitative and quantitative techniques)
  6. Sustainability: Disclosures & Reporting issues and post-2015 Development Agenda

METHODOLOGY:

Interactive mode of teaching which includes case studies, practical exercises and group discussions involving the participants.

WHO SHOULD ATTEND:

Managers and executives from public and private sector organizations and MNCs. Also other agencies like government departments, Chambers of Commerce, NGOs, and organizations associated with social sector projects are welcome to participate.

Executive Education/MDPs

FORE School of Management has been designing, developing and conducting innovative Executive Education (EE)/ Management Development Programmes (MDPs) for working executives in India for over three decades.