Designing a CSR Policy

Presented By:
Varghese K P
4THsem MSW)
13SO1115(Reg)

Introduction
Many organisations have a CSR Policy, which

defines areas of concern and initiatives to improve

relations with the people and
environments affected by business operations.
CSR policies often dictate a system for monitoring
responsible performance

Design a CSR Structure:

Understand drivers.
Identify key CSR issues.
Identify and evaluate stakeholders.

Identify functions that support CSR efforts.

Analyze company systems, culture & any

impending changes

Evaluate structural options.

Develop a staffing plan.
Create structure for cross-functional

interaction.
Assess process and framework for budget and
resource allocation

CSR Structure:
STAKEHOLDER GROUPS:

- Environment
- Government
- Communities
- Employees
- Supply Chain
- Customers
Shareholders

Key principles in designing and

implementing CSR policies
Apply similar principles to managing CSR

as with other aspects of the business.

In order to implement CSR in an effective manner, it must be
managed like any other aspect of business.

Keep it simple.
The entire approach of organizations towards CSR should be
kept as straightforward as possible

Focus on core principles, not policies and

procedures
Whilst specific policies may be necessary to provide clarity
to employees in some circumstances, the focus should be
upon core principles rather than detailed policies or
procedures.

Set measurable outcomes, goals and

objectives
These provide focus and direction for CSR effort as
well as a mechanism to measure and evaluate
organizational performance.

Focus upon specific industry

All firms should aspire to good corporate
citizenship in common areas such as the
environment, labor relations and corporate
governance.

The process for CSR Policy Design and

Development for corporations is
mentioned below:
Understanding the Mission, Vision and Goal of the

corporation:Fiinovation aims to understand what the corporation aims

to do and where it aspires to be in achieving their social development
contributions.

Reviewing and analyzing the business interests:Fiinovation

conducts detailed market research to keep up with the market trends and
maintain a competitive edge.
Understanding the corporation:The team interviews organization

staff and stakeholders to understand the internal details to ensure they

are able to capture minute and essential details.

Studying the production line/client

deliverables:
The process includes analyzing the existing
legislations, policies and guidelines which helps in
developing a roadmap for developing a
corporations CSR policy.

Suggesting a policy draft:The analysis is

furthered by identifying policy gaps and

suggesting recommendations for effective and
timely application.

Incorporating feedback and review:

Fiinovation strives to include all

recommendations into the new policy with an
aim to enhance the scope of social development
investments made by the corporations.

Finalizing the CSR Policy:The final policy

developed is in line with the guidelines issued by

the Ministry of Corporate Affairs through the
Companies Act, 2013.

REFERENCE:
www.fiinovation.co.in/Practices.aspx?

value=CSR+Policy+Design
www.karmayog.org/news/news_16780.html