Measurement of Csr

download Measurement of Csr

of 21

Transcript of Measurement of Csr

  • 7/31/2019 Measurement of Csr

    1/21

    MEASUREMENT/EVALUATION

    OF CSR ACTIVITIES

    Animals Dont Have The Power To Think, Yet TheyDont Disturb The Cycle Designed By Almighty.

  • 7/31/2019 Measurement of Csr

    2/21

    The multiple responsibilities ofbusiness

    Economic Responsibility

    Legal Responsibility

    Social Responsibility

  • 7/31/2019 Measurement of Csr

    3/21

    A three-stage model of corporate socialresponsiveness

    STAGE

    OrganizationalPolicy Learning Commitment

    Time (years) D e g r e e o

    f r e s p o n s

    i v e n e s s

    t o a s p e c

    i f i c i s s u e

    High

    Low

    Identity problem

    Formulate policy

    Specializedlearning

    Administrative learning

    Organizationalchanges

  • 7/31/2019 Measurement of Csr

    4/21

    Level 1:Key Question :

    The least industry can do beyond compliance

    Polluter pays principle

    CSR

  • 7/31/2019 Measurement of Csr

    5/21

    CSR Level 1

    Improve law/ regulations standardsDepartment of environmental

    management

    Reclamation (turning ash in to soil)Local Government participation

  • 7/31/2019 Measurement of Csr

    6/21

    CSR Levels 2Key Questions :

    Is industry voluntarily giving back something to the society?

    Are these actions inspired by a sense of

    guilt to the society, earning good name in market, humanity, etc.?

  • 7/31/2019 Measurement of Csr

    7/21

    CSR Level 2Infrastructure for physically challengedemployeesFoundations (i.e. : financial aid beyondimmediate community/tax planning withpositive impact)Income generation for communityForestation / Greening

    Paternity leave

  • 7/31/2019 Measurement of Csr

    8/21

    CSR Level 3

    Key Questions:

    Is it part of core business strategy?

    Is it adopted by the board?

  • 7/31/2019 Measurement of Csr

    9/21

    CSR Level 3

    Ash management: ash brick factoryQuality Circle: empowering communityland for landDistributed Generation: Regionaldevelopment.Center for power efficiency andEnvironment Protection

  • 7/31/2019 Measurement of Csr

    10/21

    Spectrum of CSR

    Good CSRPoor CSR

    No employment

    No concern for indirect effect(land, water, air)

    Destruction of agricultural land

    Not willing to listen to otherstakeholders

    Appropriate land not beingcompensated

    Non compliance of rule of land

    Taking care of workers

    Low dependence on nonrenewable resources

    High awareness about CSRinitiatives

    Land compensation

    Increased monitoring system

    Environment responsibility

  • 7/31/2019 Measurement of Csr

    11/21

    CSR Activities Community projectsEducational projectsArts and cultural activitiesSports

    HealthcareAdoption of charities/ non-profit organizationsCharitable donationsCorporate volunteering

    Employee training and developmentEmployee welfareEnvironmental projectsEthics code

  • 7/31/2019 Measurement of Csr

    12/21

    Traditional CorporateResponsibilities

    CorporateResponsibilities

    Ensuring Health,Safety, Wellness &

    Security ofEmployees

    Management of NaturalResources

    Conservation

    Minimizing

    Waste Recycling

    MinimizingPollution

    Compliance withRegulations &

    Legislation

  • 7/31/2019 Measurement of Csr

    13/21

    Number of employees dedicated to planning CSR activities.

  • 7/31/2019 Measurement of Csr

    14/21

    Benefits that the corporationsachieved from their CSR

    activities Attracting & retaining employeesImproved management quality

    Increased profitsImproved image & reputationImproved customer loyalty

    Increased favorable media coverageBetter business operation conditionsBetter government relationsImproved organizational culture

  • 7/31/2019 Measurement of Csr

    15/21

    Tools used by the corporations tocommunicate their CSR activities tostakeholders

    Annual reportsMeetingsCompany newsletters/ Leaflets/ PostersMass mediaPress releases/ Press conferencesWebsitesCampaignsWord of mouth

  • 7/31/2019 Measurement of Csr

    16/21

    Example of a Company

  • 7/31/2019 Measurement of Csr

    17/21

    CSR Society Initiatives Summary

    CSR(CommunityInitiatives)

    AREA

    STAKEHOLDER /

    INTERACTIONWITH/Location

    CSR-2005-2010 Result-

    Health care

    PanchayathNGOPHCLocalCommunity

    Location-Sevaganapallipanchayath

    Promoted Dental Healthat Bagalur PHCImproved infrastructureat Bagalur PHCGeneral Health CampsSpecialty health campsNational Pulse polioprogramBlood Donation campSchool Health

    HIV-preventionChikangunya-prevention activities

    Enhancedawareness/ Improved Healthstatus of thecommunity

  • 7/31/2019 Measurement of Csr

    18/21

    CSR(CommunityInitiatives)

    AREA

    STAKE HOLDER / INTERACTION

    WITH/Location

    CSR-2005-2010 Result

    Environment

    Panchayath

    Location-Sevaganapallipanchayath

    Zero effluent DischargePlanting of tree saplings

    Rain water harvestingContests during world

    environment for schoolchildrenUsed battery collection

    Best pollution controlequipments

    Contributedto greencoverPromotedlead safesociety

  • 7/31/2019 Measurement of Csr

    19/21

    CSR(CommunityInitiatives)

    AREA

    STAKE HOLDER / INTERACTION

    WITH/Location

    CSR-2005-2010 Results

    Infrastructuredevelopment

    Block developmentofficerPanchayath

    Location-Sevaganapallipanchayath

    Converting Kuttcha road toa Motoroble road ,Busshelter, safe drinking waterto villages,drainages,street light templerenovation and communityRoads, Bore-wells, SchoolRenovations, Supportingmidday meals, Computercabins for sevaganapallipanchayath-to improvelocal governance Storm

    water drainage, OHT ,Modifying School Kitchen, 3class room construction

    Propelscommunitydevelopmentand access tobetter facilitiestherebyimproving thestandards ofliving

  • 7/31/2019 Measurement of Csr

    20/21

    CSR(Community

    Intiatives) AREA

    STAKEHOLDER /

    INTERACTIONWITH/Location

    CSR-2005-2010 Results

    Sports andleisure /

    education

    SchoolauthoritiesPanchayath

    Location-Sevaganapallipanchayath/ Hosur

    Donated sportsequipments to localPanchayath school Improve PhysicalcurriculumCo-sponsored Schooldistrict sports meet atKothapallistate heavy weight LiftingState level ChessChampionship

    Provision of books, feesand scholarships to theneedy childrenRenovation of schoolbuildingsPromoted book readingamong school children.

    Promoted BasicEducation/ development inchildren fromRural Areas

  • 7/31/2019 Measurement of Csr

    21/21

    CSR(Community

    Intiatives)AREA

    STAKE HOLDER / INTERACTIONWITH/Location

    CSR-2005-2010 Results

    Relief work / philanthropy /

    assistance

    State governmentNGO

    Location-Sevaganapalli

    panchayath/Hosur/Tamil Nadu

    Relief to DeceasedemployeeMedical loan assistanceto cater employee FamilyTreatment, Medical

    insuranceAmbulance service tolocal communityAssistance to DisabledTsunami relief fund,providing appliances tohandicap during worlddisabled day, providingbatteries to local bodiesto monitor thecommunity

    Improvedcorporateimage