Aligning CSR with Sustainable Development Goals: Strategy Formulation, Implementation and Impact Assessment

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Duration: 2 days
Dates: November 18-19, 2019
Programme Director: Prof. Shallini Taneja
Fees: Rs. 16,000 (Non-Residential), Rs. 28,000 (Residential) Plus GST @18%

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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

• Overview of section 135, schedule VII of CSR Rules under the Companies Act 2013
• CSR agenda formulation process and content (Creating instrument for baseline study)
• Strategic Engagements with internal and external stakeholders (Collaborative frameworks; stakeholder engagement and materiality assessment)
• CSR implementation process and issues
• Evaluation of CSR projects: Monitoring, evaluation and impact assessment (qualitative and quantitative techniques)
• 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.

PROGRAMME DIRECTOR AND FACULTY PROFILE

Prof. Shallini Taneja, (Associate Professor, FORE School of Management, New Delhi, FPM (PhD), M.Phil. (Economics), MBA, MA (Economics).

She is having 14 years of experience in teaching, research and industry. During her fellowship from MDI, Gurugram, she worked as a senior research fellow in a project with her professors in AICTE sponsored National Research Project on “Corporate Social Responsibility (CSR). She is the recipient of sponsorships from ISDRS, Hong Kong and The Wharton School, USA for paper presentation and attending the conferences. She has taken lectures as guest faculty at St. Mount Mary’s University, USA and The Indian Institute of Corporate Affairs (IICA) under aegis of The Ministry of Corporate Affairs, GOI on CSR. Her research paper published in Journal of Business Ethics (Impact factor: 1.837) had more than 226 citations since 2011. She has conducted the MDP’s on CSR for the managers & the Executive Directors of the various companies like NHPC, GAIL, RITES, IRCTC, J.K Cement, SBI etc.

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