Corporate Social Responsibility (CSR) regulated under Sec 135 of the Company Act is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. The Companies Act, 2013 mandate companies of a particular size to invest 2% of their Net Profit in CSR Activities.
Over the past 2 years, iKOnet has visited more than 200 villages and urban wards for CSR related planning, implementation, monitoring & evaluation and knowledge management related activities across the length and breadth of India. The services offered are:
CSR Planning & Feasibility
Goal, Objective Setting for Board of Director: In line with Company Mission, Vision & area of operationPerspective Planning: Area profiling, baseline survey, gap analysis, target setting Sector Synchronization: Own, government program & other CSR initiatives, target group selection Budget Setting: Training, manpower, material, monitoring, dissemination & workshop.
Monitoring & Reporting
Monitoring & Evaluation: MIS, Framework dev. periodic evaluation, impact assessmentReal-time Data Collection: Mobile App with audio/video progress documentation, GPS using LIME tool Reporting & Documentation: Global Reporting Initiative (GRI), Companies Act format, Photo documentation Dashboard /future_population: Web based dynamic reporting to subscribers.
Implementation
CSR Committee Support: Involvement of top mgt., periodic reporting, knowledge managementPartnership Formation: Partner profiling, evaluation, orientation & training CSR Area Planning: Mapping, participatory planning, budgeting, prioritization & phasing Area Resource Mobilization: Dovetailing existing initiatives, community mobilization, training & facilitation.
Knowledge Management
E-magazine: CSR good practices, interviews, information of CSR practices Training: Periodic capacity development, orientation workshops CSR Support Desk: Data compilation, sector and area reviews, manpower support Dissemination: Community / stakeholder participation.