Professional Documents
Culture Documents
IMPACT
Strategic CSR & Sustainability Summit 2017
FIINOVATION
•A global consulting company operating since 2009 in multiple
disciplines of social development sector with emphasis on
Corporate Social Responsibility (CSR) and sustainability
Responsibility Responsibility in
in the workplace the marketplace
ANNUAL
SUSTAINABILITY
Responsibility Responsibility for REPORT
COMPREHENSIVE For the society the environment
CSR STRATEGY
Building
Confidence
Social
Social & Recognition
Environmental
License to
Operate
New Market
Areas
Innovations
Minimizing
Risk
Long –term
Growth
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
•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
•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
•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
Thematic Intervention in the Environment Sector
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.