CSR Ratings Levels

Necessary Criteria

Explanation

Rating Level

If undertaking any CSR Activity

CSR activities that cover any kind of Level 1

social, developmental or
community work

If CSR is also linked to reducing the CSR activities that aim to

negative impacts of companys own accordingly improve processes and
products or processes
products of the company

Level 2

If CSR initiatives are also for the

local community

CSR activities that are focused on

those who are affected directly by
the company

Level 3

If CSR is also embedded in the

business operations

CSR activities that form a part of

the daily business activities of the
company.

Level 4

If innovative ideas and practices are CSR activities that enable

Level 5
also developed for CSR
sustainable and replicable solutions
to problems faced by society

CSR Ratings of Top 500 Companies in

India
Karmayog CSR Rating

No. of Companies

Level 5 (Highest)

Level 4

12

Level 3

66

13

Level 2

161

32

Level 1

148

30

Level 0 (Lowest)

113

23

Total

500

100

HDFC Bank is only organization in Banking Sector which is in Level 4.

Negative Criteria
Negative Criteria usually determines the maximum possible Rating.
Negative Criteria

Reason

Rating Level

Companies that make

liquor, tobacco,
genetically engineered /
modified crops

These products are not needed by society, and cause harm to people Level 0
and the environment. The best CSR is to do is to stop making these
products.

Companies that violate

laws/rules/regulations

CSR is not limited just to how a company spends its money, but also
to how it makes that money in the first place.

Level 1

Companies engaged in
high impact processes

Processes that severely damage the environment require

extraordinary efforts by the company to reduce and repair the
damage, and require greater contributions to benefit society.

Level 1

Companies that report

the same CSR Activities
(even verbatim) as for
previous years

This indicates that the company does not take CSR seriously enough
to be engaged in CSR initiatives every year, building on these, and
reporting progress.

One Level less than

previous years
rating

Axis Bank CSR Initiatives

Axis Bank Foundation (ABF) was setup as a Public Trust in 2006 to
carry out the Corporate Social Responsibility initiatives of Axis Bank.
Currently, Axis Bank Foundation has partnered with 42 NGOs & Axis
Bank gives 1% of its profits to ABF.
Axis Bank CSR Rating is 3 and its principle CSR Activity includes
Education
Community Welfare (Public Health, Medical Relief, Sustainable Livelihoods)
Children

Axis Bank CSR Initiatives

The Axis Bank Foundation will also play an important role under the
Bank's Financial Inclusion initiative.
Axis Bank Partnering with Satyamev Jayate which help NGOs to
received donation for the cause they support.