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CSR: TRENDS & OPPORTUNITIES
TRENDS. OPPORTUNITIES. STRATEGIC BUSINESS TOOL. CASE STUDIES.
Dr. Rajesh Timane
HEAD OF THE DEPARTMENT,
DR. PANJABRAO DESHMUKH INSTITUTE OF MANAGEMENT TECHNOLOGY & RESEARCH,
RTM NAGPUR UNIVERSITY, NAGPUR, INDIA
DISCLAIMER: All product names, logos, and brands are property of their respective owners. All company, product and service names used in this presentation are for identification
purposes only. Use of these names, logos, and brands does not imply endorsement.
Current trends and opportunities in CSR
CSR as a strategic business tool for
sustainable development
Review of successful corporate initiatives
& challenges of CSR
Case Studies of Major CSR Initiatives
CONTENTS
TRENDS & OPPORTUNITIES
1446
2052
2488 2546
2847
0
500
1000
1500
2000
2500
3000
3500
2014-15 2015-16 2016-17 2017-18 2018-19
10066
14517 14333 13708
18654
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
20000
2014-15 2015-16 2016-17 2017-18 2018-19
CSR Expenditure (Rs. Crore) : India & Maharashtra
Source: https://www.csr.gov.in/statelist.php
TRENDS & OPPORTUNITIES
FORBES / GLOBAL
1) Searching for truth vs fake corporate news on social media
2) Achieving carbon neutrality (emission, renewables, carbon offset, zero
waste)
3) Standing with employees (participation in public-policy debate)
4) Pursuing purpose over passion (longevity)
5) Looking for next big thing (ESG Reporting, Shared Values)
Source: https://www.forbes.com/sites/timothyjmcclimon/2020/01/02/5-corporate-social-responsibility-trends-to-follow-in-2020/#24b14c987e69
CSR – The Strategic Business Tool
Management are torn between the issue of profitability and corporate social responsibilities in handling
stakeholders with varying interest.
By pursuing a more balanced triple bottom line (Economic, Social and Environmental) responsibilities gradually
enables MNCs to satisfy their diverse stakeholders rather than pursuing one-sided economic interest.
Source: https://www.researchgate.net/publication/269400312_CSRA_Strategic_Tool_for_Business_-_Trick_or_Treat
CSR – The Strategic Business Tool
Haberberg & Mulleady (2004)
Economic Benefits of CSR
CSR Stimulus
Unclear
(Ethical CSR)
Clear
(Strategic CSR)
Outside the firm Normative Competitive
Inside the firm Philanthropic Enlightened
Source: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-traditional-csr-may-end-up-in-containment/articleshow/75541815.cms
Successful Corporate Initiatives & Challenges
The lockdown forced by Covid-19 is likely to have a severe impact on the traditional
CSR expenditure and the ecosystem dependent on it.
1. most companies are likely to nearly exhaust their current CSR budgets after
donating to the PM-Cares Fund and Covid-19-related relief work, which is now
eligible to be considered CSR expenditure
2. the near- and medium-term focus of India’s CSR donors will be Covid-19 and the
funding for traditional CSR activity could be reduced by 30-60%.
3. with several companies having to reduce salaries, retrench staff and cut costs to
remain afloat, there will be little incentive for them to undertake traditional CSR
4. companies allocating resources to the Covid-19 crisis are likely to foster employee
and community goodwill and enhance their brands and reputation.
5. with an unprecedented impact on their businesses, companies will not be able to
generate profits like previous years and are therefore likely to significantly
reduce CSR budgets.
Source: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-traditional-csr-may-end-up-in-containment/articleshow/75541815.cms
Successful Corporate Initiatives & Challenges
Case Studies of Major CSR Initiatives
Enter name of the company of your choice in the search
box on the following link
https://www.csr.gov.in/master_search.php
For example: https://www.csr.gov.in/companyprofile.php?year=FY+2015-
16&CIN=L28920MH1945PLC004520
5 Corporate Social Responsibility Trends To Follow In 2020, FORBES, Leadership Strategy, Timothy J. McClimon,
https://www.forbes.com/sites/timothyjmcclimon/2020/01/02/5-corporate-social-responsibility-trends-to-follow-in-
2020/#24b14c987e69
India Inc’s traditional CSR may end up in containment By Kiran Kabtta Somvanshi ET Bureau
https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-traditional-csr-may-end-up-in-
containment/articleshow/75541815.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Coronavirus impact: Will COVID-19 change the contours of CSR in India? https://www.moneycontrol.com/news/trends/expert-
columns-2/coronavirus-impact-will-covid-19-change-the-contours-of-csr-in-india-5265901.html
CSR Trends Expected in 2020 https://thecsrjournal.in/csr-trends-to-be-expected-in-2020/
Education received major chunk of CSR spend by corporates: Government
https://economictimes.indiatimes.com/news/company/corporate-trends/education-received-major-chunk-of-csr-spend-by-
corporates-government/articleshow/72227385.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
https://www.newsclick.in/Corporate-Social-Responsibility-Of-By-For-Corporates
References
The Definitive CSR Report of Reliance Industries Ltd https://thecsrjournal.in/csr-report-reliance-industries-limited/
The ultimate report on CSR of ITC Limited https://thecsrjournal.in/itc-csr-report-india/
Corporate Sustainability and Technology https://indiacsr.in/corporate-sustainability-and-technology/
HDFC Bank CSR and Sustainability Impacting 5 Crore Lives in India https://thecsrjournal.in/hdfc-bank-csr-india/
Why steel companies need sustainability roadmap https://indiacsr.in/why-steel-companies-need-sustainability-roadmap/
Driving The Sustainability Agenda Through The Coming Decade https://www.outlookindia.com/outlookmoney/talking-
money/driving-the-sustainability-agenda-through-the-coming-decade-4769
Sustainability helps achieve strategic business goals https://indiacsr.in/sustainability-helps-achieve-strategic-business-goals/
Video: Parivartan – HDFC https://youtu.be/bUCdhsj7PYs
References
Thank You !
Twitter : @timane | E-Mail: timane.rajesh@gmail.com | WhatsApp : +91 98609 31040

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csr - current trends and opportunities

  • 1. CSR: TRENDS & OPPORTUNITIES TRENDS. OPPORTUNITIES. STRATEGIC BUSINESS TOOL. CASE STUDIES. Dr. Rajesh Timane HEAD OF THE DEPARTMENT, DR. PANJABRAO DESHMUKH INSTITUTE OF MANAGEMENT TECHNOLOGY & RESEARCH, RTM NAGPUR UNIVERSITY, NAGPUR, INDIA DISCLAIMER: All product names, logos, and brands are property of their respective owners. All company, product and service names used in this presentation are for identification purposes only. Use of these names, logos, and brands does not imply endorsement.
  • 2.
  • 3. Current trends and opportunities in CSR CSR as a strategic business tool for sustainable development Review of successful corporate initiatives & challenges of CSR Case Studies of Major CSR Initiatives CONTENTS
  • 4. TRENDS & OPPORTUNITIES 1446 2052 2488 2546 2847 0 500 1000 1500 2000 2500 3000 3500 2014-15 2015-16 2016-17 2017-18 2018-19 10066 14517 14333 13708 18654 0 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 2014-15 2015-16 2016-17 2017-18 2018-19 CSR Expenditure (Rs. Crore) : India & Maharashtra Source: https://www.csr.gov.in/statelist.php
  • 5. TRENDS & OPPORTUNITIES FORBES / GLOBAL 1) Searching for truth vs fake corporate news on social media 2) Achieving carbon neutrality (emission, renewables, carbon offset, zero waste) 3) Standing with employees (participation in public-policy debate) 4) Pursuing purpose over passion (longevity) 5) Looking for next big thing (ESG Reporting, Shared Values) Source: https://www.forbes.com/sites/timothyjmcclimon/2020/01/02/5-corporate-social-responsibility-trends-to-follow-in-2020/#24b14c987e69
  • 6. CSR – The Strategic Business Tool
  • 7. Management are torn between the issue of profitability and corporate social responsibilities in handling stakeholders with varying interest. By pursuing a more balanced triple bottom line (Economic, Social and Environmental) responsibilities gradually enables MNCs to satisfy their diverse stakeholders rather than pursuing one-sided economic interest. Source: https://www.researchgate.net/publication/269400312_CSRA_Strategic_Tool_for_Business_-_Trick_or_Treat CSR – The Strategic Business Tool Haberberg & Mulleady (2004) Economic Benefits of CSR CSR Stimulus Unclear (Ethical CSR) Clear (Strategic CSR) Outside the firm Normative Competitive Inside the firm Philanthropic Enlightened
  • 9. The lockdown forced by Covid-19 is likely to have a severe impact on the traditional CSR expenditure and the ecosystem dependent on it. 1. most companies are likely to nearly exhaust their current CSR budgets after donating to the PM-Cares Fund and Covid-19-related relief work, which is now eligible to be considered CSR expenditure 2. the near- and medium-term focus of India’s CSR donors will be Covid-19 and the funding for traditional CSR activity could be reduced by 30-60%. 3. with several companies having to reduce salaries, retrench staff and cut costs to remain afloat, there will be little incentive for them to undertake traditional CSR 4. companies allocating resources to the Covid-19 crisis are likely to foster employee and community goodwill and enhance their brands and reputation. 5. with an unprecedented impact on their businesses, companies will not be able to generate profits like previous years and are therefore likely to significantly reduce CSR budgets. Source: https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-traditional-csr-may-end-up-in-containment/articleshow/75541815.cms Successful Corporate Initiatives & Challenges
  • 10. Case Studies of Major CSR Initiatives Enter name of the company of your choice in the search box on the following link https://www.csr.gov.in/master_search.php For example: https://www.csr.gov.in/companyprofile.php?year=FY+2015- 16&CIN=L28920MH1945PLC004520
  • 11. 5 Corporate Social Responsibility Trends To Follow In 2020, FORBES, Leadership Strategy, Timothy J. McClimon, https://www.forbes.com/sites/timothyjmcclimon/2020/01/02/5-corporate-social-responsibility-trends-to-follow-in- 2020/#24b14c987e69 India Inc’s traditional CSR may end up in containment By Kiran Kabtta Somvanshi ET Bureau https://economictimes.indiatimes.com/news/company/corporate-trends/india-incs-traditional-csr-may-end-up-in- containment/articleshow/75541815.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Coronavirus impact: Will COVID-19 change the contours of CSR in India? https://www.moneycontrol.com/news/trends/expert- columns-2/coronavirus-impact-will-covid-19-change-the-contours-of-csr-in-india-5265901.html CSR Trends Expected in 2020 https://thecsrjournal.in/csr-trends-to-be-expected-in-2020/ Education received major chunk of CSR spend by corporates: Government https://economictimes.indiatimes.com/news/company/corporate-trends/education-received-major-chunk-of-csr-spend-by- corporates-government/articleshow/72227385.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://www.newsclick.in/Corporate-Social-Responsibility-Of-By-For-Corporates References
  • 12. The Definitive CSR Report of Reliance Industries Ltd https://thecsrjournal.in/csr-report-reliance-industries-limited/ The ultimate report on CSR of ITC Limited https://thecsrjournal.in/itc-csr-report-india/ Corporate Sustainability and Technology https://indiacsr.in/corporate-sustainability-and-technology/ HDFC Bank CSR and Sustainability Impacting 5 Crore Lives in India https://thecsrjournal.in/hdfc-bank-csr-india/ Why steel companies need sustainability roadmap https://indiacsr.in/why-steel-companies-need-sustainability-roadmap/ Driving The Sustainability Agenda Through The Coming Decade https://www.outlookindia.com/outlookmoney/talking- money/driving-the-sustainability-agenda-through-the-coming-decade-4769 Sustainability helps achieve strategic business goals https://indiacsr.in/sustainability-helps-achieve-strategic-business-goals/ Video: Parivartan – HDFC https://youtu.be/bUCdhsj7PYs References
  • 13. Thank You ! Twitter : @timane | E-Mail: timane.rajesh@gmail.com | WhatsApp : +91 98609 31040

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