Fiinovation okhla: role of csr in education sector

 

Corporate social responsibility (CSR) has gained an increasingly high profile in recent years. CSR can be defined as the ways in which a business seeks to align its values and behaviour with those of its various stakeholders. The stakeholders of the business include the employees, customers, suppliers, government, interest groups (such as environmental groups) and wider societal interests on whom the operations of the business may have an impact. There are various sector, where we can perform CSR activities, such as Health care and sanitation, Education and skill development, rural development, environment and ecology, gender equality, PM’s relief funds, National Heritage, Art, Culture, Sports Development, Eradication of hunger and poverty, women empowerment, Social business projects, Combating HIV/AIDS, Maternal and other diseases, improving maternal health, etc. There are top three sectors which are too popular such as education, healthcare and rural development. These three sectors received 50% of the total CSR and the remaining half is spread over 25 other sectors.

Fiinovation CEO and Chairman - Centre for CSR & Sustainability Excellence, Dr Soumitro Chakraborty firm Innovative Financial Advisors Pvt. Ltd.(Fiinovation) working on Education, Health, Environment, livelihood and skills (Fiinovation practice areas) and provides its corporate social responsibility services to both corporations and civil society organizations (CSOs). According to him, they provide services such as field research studies, forging alliances, designing CSR policy to corporations, there are 60% corporations who perform CSR activities in education sectors and CSOs who are working in the education sector. Every year, fiinovation funding provides funding to the CSOs, and some of them CSOs 60% are working in the education sector. They have performed many fiinovation projects. In their eleven years of span, they did lots of projects related to education sector, such as Impact Assessment of Mobile Science Labs for a Leading Pharmaceutical Company, Impact Assessment of Digital Discovery Paathshala Project in Delhi, Mid-term Assessment for Skill Training Institute in Barmer, Rajasthan, Programme Management for a Community Level Programme in Bilaspur, and many more. We can see their clients happy reviews on fiinovation reviews. We can get more details on fiinovation linkedin, fiinovation twitter, where they always update their innovation.

Education is the most popular choice of sector for Corporate Social responsibility projects, who received 25% of the total CSR and the remaining half is divided into Healthcare and Rural Development (mean you can say, Education Sector- 25%, Healthcare sector- 15% and Rural development sector- 15% ). Education sector is more popular than other sectors because the role of educational institutions to surpass the CSR for creating the best human capital and also explores the significance of CSR for promoting education and various initiatives of companies in the education sector as a corporate responsibility to expand education. According to Ms. Pooja deshmukh, Associate Professor and Research Coordinator, MGM Institute of Management, Aurangabad, India. She described three core models for education sector, which is helpful for putting CSR strategies that are follows:

“The core strategy in all three models involves the following steps:

• Identification of the area of intervention/involvement and the scope of work

• Identification of the beneficiaries[Demographic Profile – location, sex, category, age, type of school supported)

• Identification of the sources of fund to create a sustainable model (internal, external, donor engagement model)

• Designing of an appropriate/dedicated team with the right organizational structure to run the initiative [Finalize organizational structure, Recruit key personnel, Recruit Local people/volunteers]

• Identification of Key Stakeholders for the programs • Formulation of a strategic plan for the initiative [Defining objectives, Resource Mapping, Awareness Programmers, Trainings for internal/external/NGO members]

• Mechanism for Monitoring & Tracking Success [Financial Monitoring, Identification of KPOs, Impact Assessment at regular intervals, Internal Mechanisms to measure/report utilization of funds to the donors, Mechanisms/frequency of reporting to the donors involved, mechanisms for taking feedback from donors, Identification of templates/tools to be used to record report on initiatives]

• Ensuring sustainability and replicability of model”

The role of CSR in education is thus mitigating the skills gap with considerable experimentation, and learning-by-doing along the way. In this process, the affected individuals, companies, and society at large are likely to benefit.

We can contact Fiinovation,



Fiinovation okhla address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India.

Fiinovation Jobs: What does a Corporate Responsibility manager Do?

 

Corporate responsibility can be divided into four distinct categories in order of decreasing importance: economic, legal, ethical, and voluntary duties. First, a firm is expected to meet its economic responsibility. Indeed, the primary purpose of an enterprise is to generate and maintain sustainable corporate profits by the means of creating and providing the necessary products and services to society. The second most essential duty required of a firm is legal responsibility. As businesses operate within legal boundaries and are protected by national borders, they must strictly adhere to regulations set forth by their respective governments and be transparent to the public and to the relevant stakeholders. On the other hand, a firm’s ethical responsibility, such as social support events, can be regarded as a set of ideals that if followed produce a social surplus, but are not mandatory. Lastly, a firm is expected to carry out its voluntary responsibility which entails participating in philanthropic activities. For performing these duties firms require a CSR manager. Corporate responsibility managers are responsible for assisting the company in developing, managing and altering social responsibility policies, defining and developing the strategies, marketing and publicity, recruiting, managing and training junior staff members which underpin a firm's CSR objectives. To start with this whole corporate social responsibility thing three principal activities and responsibilities are required such as foresight, nurturing, and evangelism.

Fiinovation CEO and Chairman - Centre for CSR & Sustainability Excellence, Dr Soumitro Chakraborty firm Innovative Financial Advisors Pvt. Ltd.(Fiinovation) provides its corporate social responsibility services to both corporations and civil society organizations (CSOs) in carrying out field research studies, forging alliances, designing CSR policy of corporations. According to him, In India, demand grows in large and mid-sized firms for CSR roles is increasing day by day, also they offer salaries nearly 50% at any level for CSR roles. In every year they offer many fiinovation jobs for CSR roles and fiinovation salary for CSR job roles ranges from approximately ₹ 3,00,000 per year to ₹ 7,49,401 per year. Also you can see their working employees reviews on fiinovation glassdoor. We can get more details on fiinovation linkedin, where they always update their innovation.

Many CSR Job roles are offered to CSR managers, such as entry level CSR manager, Assistant CSR manager, Customer service executive, key account manager-CSR, CSR fundraising manager, CSR manager, Corporate communications manager, Assistant manager- corporate sales, senior manager-corporate accounts, Manager/ senior manager- corporate sales(B2B), sales manager(B2B), etc.

To enter this line of work, you will need an undergraduate degree or an HND (Higher National Diploma) in any discipline or master of public Administration course. However, studying a relevant subject, such as sociology, economics, human rights, international development, international studies, modern languages, marketing, PR, law, politics, business studies, maths, environmental engineering, environmental management or ecology, may boost your chances of securing an entry-level graduate job.

Key Responsibilities of CSR manager:

• Plan and implement CSR initiative /programs of the company (research, assessment, analysis and reports).
• Evaluate diligence of CSR implementing partners; NGOs; Enterprises etc. recommended, prepare terms and conditions for appointment etc.
• Collect all relevant data required for implementing CSR projects.
• Effective communication of CSR projects with internal and external stakeholders.
• Monitoring and evaluation of projects including impact assessment, strategic review and planning documentation of project process and reporting.
• Need to have strong local geographical knowledge. Networking, liaisoning, coordination with Government Officials and stakeholders etc. make sure to engage government officials wherever required, regular meetings / interaction, sharing of project reports, status updates etc.
• Regular update to the line supervisor on the progress of projects or any other such information. Ensure prompt communication to the line supervisor on any mishap / mishappening and suggest corrective action.
• Overall partnership management, regular interaction with NGOs partners and maintain bilateral communication to closely track project activities / updates and collect all the required reports / updates etc.
• To support the team to develop specific action plans for center management, training, mobilization, placement and meet the target, ensure adherence of the same in a timely manner.
• Design and implement a systematic fundraising program to raise CSR funds from Indian companies. Create proposals, presentations, and other materials for raising grant funding.
• Establish and maintain relationships with CSR divisions of Indian companies, and raise CSR funding from them.
• Help with implementation, monitoring, and assessment of CSR funded projects in urban and rural communities.

We can contact fiinovation:

Fiinovation Delhi address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India.

Fiinovation Delhi: Analysis of linkage between CSR and Financial performance

 

The corporate sustainability movement is now termed Corporate Social Responsibility (CSR) and it attempts to apply sustainability to guide the behavior of business with respect to both society and the environment as well as its responsibility to stockholders. In this new model corporations value their success not solely based on its financial bottom-line, but also on their environmental and social performance. For example, starbucks corporations CSR strategy is,”Our commitment to being a deeply responsible company contributing positively to our communities and environment is so important to Starbucks that it’s one of the six guiding principles of our mission statement. We work together on a daily basis with partners (employees), suppliers, farmers and others to help create a more sustainable approach to high-quality coffee production, to help build stronger local communities, to minimize our environmental footprint, to create a great workplace, to promote diversity and to be responsive to our customers’ health and wellness needs.” This statement is indicative of the comprehensive approach that companies applying the CSR framework take when approaching their responsibilities beyond financial performance. Companies engaged in the CSR framework accrue significant benefits such as a better brand identity, lower levels of regulatory scrutiny, reduced liability, a better reputation among prospective employees, and a far greater probability of gaining a ‘license to operate’ in communities where they propose to establish operations.

Corporate social responsibility(CSR) and Corporate financial performance (CFP) have both positive and negative effects. A positive relationship between CSR and CFP, suggesting that being socially responsible improves profitability. If CSR has a positive effect on CFP, it is also likely that socially responsible investments have a positive rather than a negative effect on shareholder value meaning that CSR is also favourable for the shareholders and a negative relationship between CSR and CFP does not imply the complete abandonment of socially responsible corporate action. The relationship between Corporate social responsibility and corporate financial responsibility is U-shaped. Such as companies with low CSR performance have high CFP, companies with moderate CSR performance have lower CFP, whereas companies with high CSR performance have the highest CFP. This means that mediocre CSR is related to the highest financial performance whereas low and high CSR are related to lower financial performance. Innovative financial advisors pvt. ltd. (Fiinovation) can handle CSR and CFP very effectively. ESG, society, environment, productivity, investment, costs, regulation, revenue strategies are important for handling CFP. These following strategies are helpful to balance CSR and CFP. Every Fiinovation project is analyzed in the Proposal Research & Design Laboratory. Fiinovation's unique in-house laboratory gives a competitive edge, and emphasizes scientific and rational research tools to develop effective and result-oriented initiatives. CEO fiinovation and Chairman - Centre for CSR & Sustainability Excellence, Dr Soumitro Chakraborty believes “ If you don't know where you have started from, you won't know how far you've come...”

Fiinovation practice areas such as health, education, environment, livelihood, and skills all are performed under the expertise solutions. Fiinovation holds expertise in the following practices are Initiative Implementation, Initiative Design & Management for Corporations & SME's, Monitoring & Evaluation, CSR-CSO partnership, Impact Assessment, Development Communications, Social Return on Investment. You can see more details on Fiinovation client login, where all details are provided.

We can contact Fiinovation:
Fiinovation Delhi address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India.

Fiinovation delhi: Impact of CSR on customer satisfaction

 

For a sustainable growth of a service firm, CSR (corporate social responsibility) is vital where a firm needs to concentrate on various traits such as environmental issues, social needs, human rights safely, workforce, employee issues, organizational governance, marketplace, consumer issues, social development, community involvement, ethics and welfare of employees and customers. CSR means “a balanced approach for organization to address economic, social and environmental issues in a way that aims to benefit people, communities and society”. Social activities help the corporations or organization or firm in gaining both financial and nonfinancial performance. For gaining corporate reputation and brand image, trust, innovation, and quality are important, in fact, these roles play a very important part in CSR. The basic components of corporate reputation are corporate identity and corporate image.

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting company operating in multiple disciplines of the social development sector with emphasis on CSR and Sustainability. It provides its services to both civil society organizations (CSOs) and corporations. Fiinovation plays a middleware role, who helps CSOs to provide funds and with corporations, they help to do CSR activities, through Fiinovation's help it will be very easier for corporations to do CSR activity. Fiinovation CEO and Chairman - Centre for CSR and sustainability excellence Dr. Soumitro Chakraborty said, “What we take from the community, we must give back to it.”

Fiinovation holds expertise in the following practices are Initiative Design & Management for Corporations & SME's, Initiative Implementation, Monitoring & Evaluation, CSR-CSO partnership, Impact Assessment, Development Communications, Social Return on Investment. Fiinovation always follows authenticity, confidentiality and quality three main core values that ensures excellent quality of the actionable reports which is intended to provide absolute and detailed insight into the markets, products, competition, also ensures authenticity, reliability, and credibility of the data, facts, and figures that they gather and disseminate through primary and secondary research, and the overall perspective at an affordable price, confidentiality for all the research projects that we carry out as per the code of conduct. You can see their working employees reviews on Fiinovation Glassdoor that shows their company environment is too friendly, also you can see how their clients are happy In Fiinovation reviews that show the supportive company environment.

CSR activities and corporate reputation help to make an impact on customer satisfaction. The effect of corporate reputation as a mediating variable between Corporate Social Responsibility and customer satisfaction and clarify whether the relationship between Corporate Social Responsibility and satisfaction is stronger because of the presence of corporate reputation between them. The reason for considering corporate reputation as a mediating variable is because it is clear from the review of studies that CSR is a crucial variable in attaining reputation for the firm in the market. It is a positive effect of Corporate Social responsibility activities on the reputation of the corporations or organization or service firms. Consumers always focus on the product/service but also on how the firm is involved in various socio-economic activities thereby creating an attitude towards a firm because of the customers who consumed and are satisfied with the service or product. For example Apple, “Apple is committed to the highest standards of social responsibility across our worldwide supply chain. We insist that all of our suppliers provide safe working conditions, treat workers with dignity and respect, and use environmentally responsible manufacturing processes. Our actions — from thorough site audits to industry-leading training programs — demonstrate this commitment.”

Customer satisfaction positively affects the customer’s word of mouth. CSR activities positively influence the firm’s reputation. This is the causal approach employed to empirically test the relationship between corporate social responsibility and corporate reputation and their impact on customer satisfaction, along with the association between customer satisfaction and word of mouth.

In fiinovation blogs you can see their working strategies to solve social development and sustainability sector problems, such as waste management, water crisis, health, corporate social responsibility, disaster management, sustainability, tourism, livelihood, gender equality, manual scavenging, monitoring and evaluation, hygiene, rain water harvesting, women issues, deadliest diseases. The main fiinovation practice areas are health, education, agriculture, environment and livelihood. Fiinovation is a research-based organization that offers expertise in sectors like Healthcare, Environment, Education, Skill Development and Livelihood with emphasis on Corporate Social Responsibility and Sustainability.

Fiinovation Delhi address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India.

Fiinovation okhla : the best CSR advisors in the world

 

All the universally accepted definitions of CSR underscore the impact that businesses have on communities and environment. Seemingly, the concept of CSR has evolved from welfare activities (such as philanthropy, donations, charity, relief work and others) to the one that now incorporates corporate citizenship, strategic philanthropy, shared value, corporate sustainability and business responsibility. CSR in India has travelled through different phases, such as community engagement, socially responsible production and socially responsible employee relations. Initially, it was more about philanthropic endeavors that were performed but not deliberated and documented. Prior to Independence, it had a national character encapsulated within it that extended support to India's freedom movement. CSR in India now appears to be thoughtful and it incorporates global knowledge of CSR in its discourse. 

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a research-based organization that offers fiinovation practices in sectors like Healthcare, Environment, Education, Skill Development and Livelihood with emphasis on Corporate Social Responsibility and Sustainability. Fiinovation believes Project Implementation and Impact Assessment has efficiently helped us to bridge the gaps between businesses and communities and has a well proven history. Fiinovation considers CSR of strategic importance. Fiinovation offers end to end CSR consulting services and simplified solutions that has helped various Corporations channelize their resources for the upliftment of community on societal, economical and ecological aspects in accordance to their CSR charter. They assist their partners in adopting sustainable approaches in their businesses as well as in undertaking impactful social initiatives as a part of their CSR mandate. Some of their proud partners include major corporations and organizations such as Uflex Limited, Flex Foods, PI Industries, Laurus Labs, IL&FS-Skills, JK Tyre, Mytrah Energy, Pipavav Railway Corporation, RPG Foundation & KEC International, amongst others. They constantly strive towards strengthening the commitment and improvising the socio-economic and ecological indices of the society for an inclusive growth.

Fiinovation ceo, Dr. Soumitro Chakraborty said,”What we take from the community, we must give back to it”. Today, Corporate Social Responsibility (CSR) is no longer a matter of mandate, but an affair of commitment that companies behold towards the society at large. It marks the best time for social interventions to take place, and an opportunity for the country to create a sustainable future for our youth. Fiinovation projects hold expertise in the following practices are Initiative Design & Management for Corporations & SME's, Social Return on Investment, Initiative Implementation, Development Communications, Monitoring & Evaluation, CSR-CSO partnership, Impact Assessment. Fiinovation company customises the various welfare activities as per the need and ensures the achievement with an alignment with the objectives. Fiinovation csr working on authenticity, quality, and confidentiality core values. Fiinovation is a knowledge partner of industry bodies such as Confederation of Indian Industries (CII) and Institute of Directors (IOD). With CII, the partnership emphasizes research for the promotion of affirmative actions along with CSR and social enterprises. Fiinovation organization has deliberated with various industrial leaders at numerous conferences conducted on corporate governance, environment management, and CSR & sustainability during the course of its path breaking partnership with IOD.

These fiinovation reviews show how their clients are happy and also you can see reviews on Fiinovation glassdoor that show the friendly company environment, which is what every employee wants. Every employee who is working at fiinovation said “All the basic needs are taken care at Innovative Financial Advisors Pvt. Ltd ”. We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.


Fiinovation Delhi address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India.

Fiinovation Jobs: Working at Innovative Financial Advisors Pvt. Ltd.

 

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global csr consulting company operating in multiple disciplines of the social development sector with emphasis on CSR and Sustainability.

The unique in-house “Proposal Research & Design Laboratory” emphasises on scientific and rational research, tools for developing more effective and result oriented initiatives. Some of its recent collaborations include Uflex Pvt. Ltd, Flex Foods, Laurus Labs, IL&FS - Skills, JK Tyre, Mytrah Energy, RPG Foundation and KEC International Limited amongst others.

Fiinovation has also been recognized for its work at various capacities. Mr. S. Chakraborty, fiinovation CEO - Fiinovation was recently honoured with the 'International Socrates Award “Queen Victoria” for 'commitment, dedication and achievements in innovative social initiatives in CSR & Sustainability'​ by the Europe Business Assembly at Oxford, United Kingdom in March 2016. It has also been adjudged with the 'CSR Team of the Year'​ at the Global CSR Excellence & Leadership Awards 2015 and ‘Caring Company Award'​ at the World CSR Congress 2015 in Mumbai and the 'Manager of the Year'​ & 'Best Enterprise of the Year - in the field of Health, Education, Environment and Livelihood with a focus on CSR & Sustainability'​ Socrates Awards by European Business Assembly at Summit of Leaders 2014 at Oxford, United Kingdom. Apart from this, Fiinovation was awarded the ‘Best Innovation: Product or Service’ for CSR & Sustainability at the World CSR Congress 2014 held in Mumbai, India. The main fiinovation practices are CSR-CSO Partnership; Initiative Design & Management; Monitoring & Evaluation- Need Assessment, Baseline, Mid-line, Endline Study & Impact Assessments, CSR Policy Design, CSR Livelihood, SkillDevelopment, Education, Health, Environment Projects & Initiatives.

Innovative Financial Advisors Pvt. Ltd. provides fiinovation jobs in Relationship manager, Senior manager, human resources manager, project developer, Data analyst, program manager, Business development manager, and Senior project manager.

In fiinovation glassdoor reviews, every employee who is working at fiinovation said, “Good pay, increment on time, best office infrastructure I have ever noticed, No pay disparity, structured company, best work life balance, Good Environment, supporting manager and good salary, Brand value in this CSR Industry, Growth opportunities, Employee centric, Have fun working here, Leaves are never an issue, Come on time and go on time, No need to extend beyond office hours, People care about each other, The seniors actually care for you and encourage you to grow and move up in the company, Flexibility in using all your vacation and personal days, I've been with Fiinovation for 4.5 years and I've held numerous positions here. The opportunity for growth is amazing, as long as you put the work in and show your efforts to deliver the work on time, The work environment is always cordial and full of learning challenges, Office timings are good, It starts sharp at 9:30 and ends at 5:30, Highly professional people to work around, Proper rules and policies for employee benefits, Great place to work with good employee benefits and good working culture, The company is helping NGOs to run projects by funding them,The best part is you can learn something new more related to social sector, Very Cooperative team to work with and found the most innovative approach form the programmes team to execute my project successfully on time, I have been working at Fiinovation full-time (Less than a year). Lots of training and great leadership.”

This fiinovation reviews shows the friendly company environment, which is what every employee wants. Fiinovation family working on many solutions are Analytics, grant management, programme management, proposal research laboratory, and project optimization.

We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.

Following are the Links:

Fiinovation Facebook

Fiinovation Twitter

Fiinovation Linkedin

Fiinovation Okhla,delhi address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India

Fiinovation CSR - Opportunities and threats of corporate social responsibility in India

 

In this modern era, Consumer is the king. Every company is incomplete without consumer, employees, stakeholders, society, suppliers, distributors etc. The company’s success and survival are in the hands of consumers.  If the companies will do well for the society, environment, government, stakeholders, consumers and suppliers, etc. then only it will be able to achieve its goals otherwise it will not survive for long. Nowadays, companies are taking initiatives for the CSR activities and they know their responsibilities and duties and they are also trying to contribute more and more for them. CSR has come a long way in India.  India is the first country to legally mandate corporate social responsibility. CSR is divided into three theories such as utilitarian theory, managerial theory and relational theory. The utilitarian theory explains social cost and idea for functionalism and neo-functionalism, the managerial theory explains political approaches, globalization pressure, and domestic political structures, and the relational theory explains the related environment. Fiinovation aims “To ensure that development is not only sustainable and simplistic, but accessible as well”. Fiinovation practices include health, education, livelihood, and environmental skills.

Corporate social responsibility is the positive activity which is performed by any company, business or organization that affects the employees, society, local authorities, environment and economy positively. Fiinovation CSR is related to making sustainable development, improvement of human society, local community and contribution in the eradication of social evils and by not forgetting the rules and regulations and law. There are many companies who are engaging themselves in this activity at higher levels and contributing to society, utilizing and managing in a better way. CSR programs can be related to education, environment, health care, infrastructure, protection and technology awareness etc. There are three main concepts where companies usually focused on are human resource management, environmental management and social distribution. Human resource management consists of providing a safe and friendly working environment to customers, suppliers and employees, to value corporate culture, to ensure maximum satisfaction to customers, and to provide an authoritative explanation. The social contribution consists of providing welfare of the society, contribution to local communities and authorities, good corporate citizenship, and assisting for reconstruction after a disaster Fiinovation projects. Environmental management consists of providing efforts to achieve low carbon society, recycling of wastes and scrap Bio-conservation activity, make use of efficient energy tools etc.

 The corporate world realized that today’s scenario of globalization needs CSR and without the presence of CSR, company’s can’t compete effectively and efficiently in the market. CSR strategies are helpful for future decisions related to investments,  competing with MNCs, increasing international relationships, enhancing creditworthiness, reputation, recognition and building a brand image, etc. Fiinovation CSR helps to create lots of opportunities for companies or businesses, such as better visibility of the business in all areas, the better impact of the brand image of the business house on the minds of customers, deep understanding of mutual dependency and highest potential of mutual benefits. Sometimes CSR creates the risk such as, we all know India is the first country to legally mandate CSR that makes CSR spending compulsory as a percentage of their annual profit and for these rules and regulations are strict. Some companies still may be using old CSR language, not keeping up with new buzzwords. Business operations can be slowed by the internal bureaucracy created by CSR. Core competencies and less photogenic operations can be ignored.

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting company operating in multiple disciplines of the social development sector with an emphasis on CSR and Sustainability. Fiinovation was established in 2008, by Dr. Soumitro Chakraborty. It basically focuses on social problems such as age, gender, equality, livelihood for women,  waste management, rain harvesting, open defecation, disaster management, rural tourism,  impact on health, manual scavenging, affirmative action, antenatal care, agriculture development,  etc. Fiinovation projects have mentioned all their projects based on social problems. Fiinovation’s main specialities are CSR-CSO Partnership, Initiative Design & Management, Monitoring & Evaluation- Need Assessment, Baseline, Mid-line, Endline Study & Impact Assessments, CSR Policy Design, CSR Livelihood, Skill Development, Education, Health,  Environment Projects & Initiatives. Simplicity, transparency, and quality are three morals shown in every Fiinovation project. Fiinovation CEO  Dr. Soumitro Chakraborty and team are honoured by many awards in the field of Health, Education, Environment and Livelihood with a focus on CSR & Sustainability.  Many corporates, organizations and NGOs have appreciated Fiinovation CSR activity projects and are also covered by well-known media channels too.  Corporate social responsibility activities are mentioned in Fiinovation Blogs that explains how solving social problems is their first responsibility. 

We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.

Following are the Links:

Fiinovation Facebook

Fiinovation Twitter

Fiinovation Linkedin

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India

Fiinovation CSR - The Business Ethics of Corporate Social Responsibility

The corporate social responsibility positively impacts profitability, competitiveness, and sustainability, and the study of business ethics has to lead to the development of various principles that are the foundation of good, ethical business practices. The main finding reveals that fulfilling CSR has a significantly positive impact on firm performance. Good firm performance helps to achieve a goal to improve financial performance. The implication suggests that a firm could serve as a good corporate citizen, while in the meantime showing an exceptional firm performance. The business ethics evolves into corporate social responsibility, which now has become a major issue in the Business Environment. Many corporations looking at topics like purpose, ethics, societal impact, and CSR as a critical point to their business and part of their foundation, Companies doing the right thing not just because it’s the right thing to do but because it’s helpful for their business reputation or good business. In the pursuit of increasing firm value, corporate operation, however, may result in the issues of business ethics and morality. This mistake has done by many corporations. Due to this people are no longer satisfied with the passive behavior of an ethical firm. Business ethics concentrates on analyzing the problems in business activities from the perspective of morality and ethics.

Fiinovation changes the definition of Business ethics of corporate social responsibility. The main aim is to bring dispersal of knowledge among the public in general or to take initiative for the development of the society and also they ensure social impact through philanthropic and CSR investments of individuals and corporates. They are working in sectors like education, environment, health, sports, livelihood, and any other area of relevance and aim at inclusive growth. Fiinovation CEO has been honored by many awards under the “most promising business leader of Asia award” and every award function Dr. Soumitra Chakraborty said “ I feel humbled by the recognition. The recognition further strengthens mine and my team’s resolve to converts challenges into opportunities and for building a better sustainable world”.

Fiinovation talks about many major problems such as waste management, rain harvesting, open defecation, disaster management, rural tourism, how to achieve universal health coverage in India, affirmation action and CSR for promoting livelihood for women, how to redefine CSR sector, gender equality, how CSR makes your startups most impactful, survival on streets, drugs impact on health, manual scavenging, CSR for agriculture development, antenatal care, female participation in agriculture in India.

Fiinovation team always focuses on how their Fiinovation CSR activities make impactful for developing nation India. They mainly focus on social problems. Fiinovation believes action speaks louder than words. They have mentioned their work in Fiinovation Blogs that explains how solving social problems is their first responsibility.

Purpose of CSR and Business Ethics:

The concept of business ethics is similar to that of corporate social responsibility (CSR), their difference is between scope and definition. corporate social responsibility is defined as corporate behavior associated with the fulfillment of business ethics. In fact, there is a causal relationship between business ethics and corporate social responsibility. corporate social responsibility is more broadly extended to corporate obligations and commitments toward the benefits of society and Business ethics determined the acceptable standards of business behaviors. CSR helps corporations to improve their corporate image so as to help corporate sales as well as firm performance. The main finding reveals that fulfilling corporate social responsibility is equivalent to making a socially responsible investment, thus enhancing firm performance. Business ethics are one of the most important aspects of long term success, such as building a good reputation, building good strategies for finance.

Principles of Business Ethics:


1. Compassion: “I take care of my people” slogan is very important in corporation field. It shows how corporations take care of their employees, customers, stakeholders, creditors, and suppliers. It also means that I will represent their best interests up the management chain and work towards ensuring that they are treated fairly by “the system”. Compassion is a necessary component of effective leadership.

2. Confidentiality: Confidentiality is the most important point in business etiquette because failure to properly secure and protect confidential business information can lead to the loss of business/clients. Confidential workplace information is divided into three categories: employee information, management information, and business information.

3. Fidelity: Fidelity is a principle of devotion to duty. Duties may arise from law, contract, or implicit business relationship. It is a two-way process with researchers needing to trust research participants as much as participants need to trust researchers.

4. Golden Rule: It means that you would not take advantage of someone or lie to get ahead because you would not want others to do that to you.

5. Honesty: It means telling the truth even if the truth is ugly.

6. Integrity: Integrity is a state of mind and is not situational. Every successful leader said "Leaders with integrity are not afraid to face the truth. This is called the reality principle.

7. Privacy: Privacy is also about freedom of action.

8. Respect: It means regard for dignity of self and others.

Innovative Financial Advisors Pvt Ltd (Fiinovation), is a leading research and advisory firm that offers expertise in corporate social responsibility (CSR) and sustainability domain. Fiinovation family bridges the gap between the NGO and the companies and gives proper guidance to invest in the CSR activities which will benefit the society. They primarily focus on practice areas like health, education, livelihood skills, and environment. Fiinovation CSR activities are appreciated by many corporates and the Fiinovation news about their latest projects is also covered by well-known media channels like ANI News and economic times. In February 2017 Fiinovation and Uflex Ltd jointly awarded for Best Environment-Friendly Projects and the title of the project was Natural resource conservation & optimization of ecosystem services’’. We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.

Following are the Links:

Fiinovation Facebook
Fiinovation Twitter
Fiinovation Linkedin

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India

Fiinovation CSR activity - Tree Plantation

"He who plants a tree plants a hope’’

- Lucy Larcom


Trees play a very essential role in our day to day life, without trees there is no life as they purify the air, provide shelter, give food so it is necessary to save them. Many products like paper, rubber etc are made from trees. Hence it becomes the responsibility for us to save them. The main reason for cutting down trees is to develop infrastructure and to make products from them. These activities are carried out mostly by government and corporates so it becomes a responsibility of the organisations to take a stand against such acts, as to establish a new plant land is required so the need is satisfied by cutting down the forests to make space for new industries. Same is with the government to develop new towns, build cities, development of transportation base like railway, airport etc they feel a necessity for space and in order to obtain it, deforestation takes place.


Various NGOs have already started their tree plantation projects around the world and it is addressing the world problems due to deforestation. It becomes a responsibility of the organisation to serve society by planting trees everywhere and to make the environment clean. So the organisation should focus on their Corporate Social Responsibility (CSR) activities to plant trees to preserve the climate.


Why should Tree Plantation be CSR activity?



The number of trees which was cut down for industrial purpose will be replanted in other regions


To attract others for tree plantation

To gain a brand image

To preserve the environment

To benefit the agricultural sector

To spread awareness about the importance of trees

To educate society

Reputed companies TATA and Amul started their tree plantation projects to preserve the environment.TATA project ‘Green Thumb’ took the initiative to plant 2 lakh trees at their various plant site by 2020 whereas Amul has planted more than 6lakhs trees. This big steps of the organisation towards the environment encouraged other companies to plan their CSR activities for tree plantation.


Innovative Financial Advisors Pvt Ltd ( Fiinovation ) is a leading research and advisory firm that offers expertise in Corporate social responsibility (CSR) and sustainability domain. Fiinovation bridges the gap between companies and NGO so that the CSR activity will be implemented at its best. Fiinovation CSR activities are appreciated by many companies and accepted across the nation. Information about different Fiinovation Projects is available on their social media sites. Fiinovation News is covered by popular media channels like ANI News and Economic times. Many organisations have made partnerships with Fiinovation for their CSR activities.

Fiinovation CEO Dr Soumitro Chakraborty awarded as Most Admired leader for CSR and sustainability2017. We can contact Fiinovation through their social media sites like Facebook, Linkedin, Twitter.



Following are the links: Fiinovation Facebook

Fiinovation Linkedin

Fiinovation Twitter


Fiinovation Delhi NGO address - 24/30, Ground Floor, Okhla Industrial Estate, Phase -3, New Delhi, Delhi - 110020.

Fiinovation Project: Impact assessment of Digital Discovery Paathshala in Delhi

Nowadays people completely depend upon technology, from buying products online to learning everything is done with the help of the internet. The Internet has become a part of humans daily routine so it is necessary to make the best use of it. Earlier we were able to operate the internet only on Computer systems but now with the rise in technology and the invention of smartphones, it becomes easy for everyone to use. Hence the knowledge is available at our fingertips and we can access from any part of the world. Smartphones are available from low range to high depending on the purchasing power of the consumer and now over 500million people in India use smartphones. But many people in India don’t know how to use the internet and how to apply for other services through the internet. The digital illiteracy rate is high in India as people are unaware of the use of technology.

Innovation Financial Advisors Pvt.Ltd (Fiinovation) is a leading research and advisory firm that offers expertise in Corporate Social Responsibility (CSR) and sustainability domain. Fiinovation CSR activities are appreciated all over the world. Fiinovation has many projects in India one of them is ‘Impact assessment of Digital Discovery Pathshala in Delhi’.The aim of the project is to generate interest among the students especially the girls towards digital literacy by using the latest technology to make them improve their skill set and improve knowledge of using various digital technologies. Fiinovation CEO Dr Soumitro Chakraborty with his team working on such projects to increase the digital literacy rate in India.

In 2015, the Government of India launched the Digital India campaign to make people use the online Government services. The reason behind this campaign is to make India Digitally Literate, stable digital infrastructure, and to connect the rural areas with the internet.

Digital Literacy is important because we live in a world which is completely dependent upon the technology and in order to survive people must be aware of the use of technology in day to day life. E.g - During the pandemic of Covid-19 the country faced a lockdown situation, hence moving out of the house to buy necessity products became difficult. Hence it becomes possible through various online services by which the goods are delivered at our doorstep without going out of the house. Imagine a person who is digitally illiterate who doesn't know how to place an online order, how will he face this situation? How will he survive? In this technological era, people cannot ignore the benefit of technology as it has become a part of our life.

Hence it becomes important to spread awareness about digital literacy and to make people use the technology. Fiinovation in this program at government girls senior secondary school covering more than 3000 girl students to develop an interest in using new technology to become independent, self-reliant and confident. Fiinovation News about different projects is covered by media channels like ANI news and Economic Times. We can also contact Fiinovation to stay updated about their projects from different social media sites like Facebook, Twitter, Linkedin & Youtube.

Links are Provided: Fiinovation Facebook

Fiinovation Twitter

Fiinovation Youtube

Fiinovation Delhi NGO address: 24/30 Ground Floor, Okhla Industrial Estate, Phase-3, New Delhi - 110020, Delhi, India

CSR for Covid-19

“ The best way to find yourself is to lose yourself in service of others”

- Mahatma Gandhi

Crises are not pre-planned, it can happen anytime anywhere so it is very important to handle the crisis at the right time before it wrecks everything. As the whole world is suffering from the pandemic of Covid-19 the economy is badly affected and it becomes difficult for the government to handle every situation due to lack of funds. Thus many Corporates step forward for a helping hand towards society as their CSR activity. For these companies require proper guidance and consulting about how they can serve society during the Outbreak of Covid-19.


Innovation Financial Advisors Pvt Ltd (Fiinovation) is a leading research and advisory firm that offers expertise in Corporate Social Responsibility (CSR) and sustainability domain. Fiinovation Projects are appreciated by many companies as their investment in Fiinovation CSR activities brings effective results. SMS India had made a partnership with Fiinovation for Covid-19 Project in Odisha.


Following are the details of Covid-19 Relief Project:

To reach as many unprivileged people in Odisha to provide food facilities

To conduct an awareness session on hygiene and social distancing

Providing dry rations and hygiene essentials to poor and needy families.

The project will be implemented in Khordah district in Odisha and aims to benefit 2500 households in that area.

Fiinovation CEO Dr Soumitro Chakraborty and team are tirelessly working to make this project successful and also to implement it in different parts of the country. Fiinovation is honoured with Most Caring Company Award World CSR Congress, Mumbai-2015 and also appreciated by around the world.

How Businesses can help during Covid-19?

During this pandemic, everyone is working from home as many businesses are affected including Hotels, Airlines and various manufacturing plants are closed due to this lot of people are on the urge to lose their jobs because of low Income.

Companies are deducting some percent of salaries from their employees due to less profit and to contribute towards Covid-19 relief programs.

They can arrange food and medical facilities for needy people.

To Implement CSR activities so that their Investment will add value in society.

Promoting Covid-19 awareness campaign

Providing transport facilities for goods and services

In this lockdown situation, the government and corporates work hand in hand to serve the society with various CSR activities, For this many reputed companies like Tata, Wipro etc are now contributing to fulfilling the needs for food and healthcare services for the society.
Fiinovation partners with different companies to serve the society as their ongoing Covid-19 Relief project to benefit 2500 households in Khordah District by delivering food & hygiene facilities and also to spread awareness about the safety measures during Covid-19.

Fiinovation believes in transparency as we can also track the progress of the project through their social media sites like Facebook, Twitter & Linkedin. Companies can also contact Fiinovation for their CSR activities as Fiinovation Projects are well recognized by society.

Contact through links: Fiinovation Twitter

Fiinovation Youtube

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase - III, New Delhi - 110020, Delhi, India

Fiinovation : Be positive

Innovative Financial Advisors Pvt. Ltd (fiinovation), is a leading research and advisory firm located at Okhla Industrial Estate, Phase-III, New Delhi, offers expertise in the corporate social responsibility (CSR) and sustainability domain. Fiinovation was founded by DR. Soumitro Chakraborty, in 2008 to focus on CSR and the sustainability domain. The organization proudly houses Asia’s first Proposal and Research Laboratory, wherein research is primarily focused on practice areas. Fiinovation practices include health, education, livelihood, and environmental skills.

The main vision of Fiinovation is,

“ To ensure that development is not only sustainable and simplistic, but accessible as well”

It provides many solutions in analytics, grant management, program management, proposal research laboratory, and project optimization. The Fiinovation CEO Dr. Soumitro Chakraborty said “ Being responsible in a business is not a choice anymore and we’re racing against time. We take in the fact that our company is a catalyst in the process”.

Fiinovation believes in achieving simplicity in everything to build solutions that are efficient and easy to scale, also believe transparency builds trust and fosters growth and without any compromising in the quality of work because they value their customers. Simplicity, transparency, and quality are three morals show in every Fiinovation project. It mentions their Socio-economic projects, Fiinovation CSR(corporate social responsibility) programs in Fiinovation Blogs. 

Fiinovation completed many successful projects such as Programme Management of Sustainable Agriculture Project in Rayagada, Odisha, Need Assessment For a Consumer Goods Group Company in Mohali, Punjab, Socio-Economic Study for India’s Only Independent Power Producer, Programme Management for a Rainwater Harvesting Project, Impact Assessment of Mobile Science Labs for a Leading Pharmaceutical Company, Socio-Economic Study for a Leading Cement Company, Baseline Assessment of Safe Drinking Water Project for a Renowned Renewable Energy Producer, Fiinovation Conducts Skill Gap Analysis for the Natural Rubber Growers, Impact Assessment of Leading Rubber Sector Skill Council’s Up-skilling Training Programmes, and many more. Fiinovation company celebrating 11 years of valuable partnership with D-Note Express. D-Note Express is a Fiinovation pvt ltd theme-based monthly newsletter that talks about various socio-economic issues in India, recent associations, and events. 

Fiinovation awarded by Most promising business leaders of Asia 2019, at the Asian business leaders conclave, Singapore, CEO of the year 2019, world CSR Congress, Mumbai, 2019, and Best technical CSR provider award, Vidya Bhavan, New Delhi, Most admired leader for CSR and Sustainability award 2017, CSR excellence award 2017, CSR leadership award 2017, Queen victoria Commemorative medal, London, 2016, the best team of the year award 2015, Most caring company award 2015, Best enterprises of the year and manager of the year 2014, oxford town hall, oxford, UK-2014, Best Innovation: Product or service award, World CSR Congress, Mumbai, 2014.

Fiinovation Delhi : Responsibilities of the corporates towards education

The responsibilities of the corporates towards education and skill development are emerging in this technological era as the growing businesses are now focusing towards the education sector to uplift the literacy rate. Organizations are funding NGOs to implement this activity as they can reach the areas which lack in education institutes and programs. For this process, the NGO’s need to be aware of which corporate sector is going to help the education sector through Corporate Social Responsibility (CSR) and also the corporate should study the regions in which they need to appoint an NGO to perform this activity. It is possible with the help of Fiinovation, as they bridge away from big companies to various NGOs in different parts of the country. 

Fiinovation begins their Journey from 2008, the Fiinovation’s CEO Dr.Soumitra Chakraborty put all the efforts with his team to make it successful as they were honoured with many national and international awards and are working on numerous projects to create a positive social impact. As the Organizations face difficulties In contacting in outlying regions and to locate the NGOs working for it, Fiinovation will reduce the efforts of the organizations as they can contact the NGO’s of the behalf of the companies. Fiinovation initiated the Fiinovation CSR activities to uplift the communities for each and every sector to help the companies for investing in essential Fiinovation Projects. Fiinovation reviews have always been Positive and were appreciated by various firms and individuals for their Fiinovation CSR activities. Fiinovation have their project in every part of India and the headquarter is situated at Okhla in New Delhi. They believe in simplicity & transparency towards their work and also accept challenges to work on their goals without compromising the quality. When any company Contact Fiinovation it will be the best decision a company can make to implement their plan of CSR activities like Education and skill development activity to handover well known NGOs so they can fully utilize their resources to make a great outcome though it.

Invest in education and skill development initiative:

In today’s era, the education sector is booming with the increase in population and less education sectors the literacy rate in India is very low, Government is trying it’s best to improve the literacy rate by increasing education institutes and reducing the cost of education so that it is affordable by each and everyone but still they are not able to cover the whole country. 

It is the biggest opportunity for companies who want to implement their CSR activities in education and to improve the literacy rate. Fiinovation CSR activities will guide the companies to identify the skill set of youth and the region in which the company can work on their projects. 

One of the Fiinovation Project ‘’ On-site Need Assessment study for Skill Development Institute’’ in Mandvi, Gujarat is a study which helps the donor to identify the set of skills of youth in the community and to define various employment and entrepreneurial opportunities in the selected region. These Fiinovation projects are appreciated by various companies who are planning for their CSR activities to invest in the education sectors.

Fiinovation CEO: Dr Soumitro Chakraborty, Chief Executive Officer of Innovative Financial Advisors Pvt Ltd ( Fiinovation ) was conferred with ‘ CEO of the year’ award at 8th World CSR Congress held in Mumbai on February 18 & the most admired leader for CSR and sustainability 2017.

Fiinovation Delhi NGO address - 24/30, Ground Floor, Okhla Industrial Estate Phase 3 Rd, New Delhi, Delhi 110020

Waste Management through CSR

The Increase in population results in an increase in customers, to satisfy the wants of the customers the company produces an end number of products.

This results in expansion of companies, market competition, Innovation of new products, increase in purchases, but in this scenario, the companies ignore the harmful effect they cause on the environment.

A large amount of waste is generated as the consumer uses more products which become difficult to dispose of. Purchase of products for daily need is a continuous process and many products are made of plastic and other non-degradable materials hence it creates a problem in disposal.

Findings :

As per the research, about 2.01 billion metric tons of solid waste is generated annually and the world bank estimates overall waste generation will increase till 3.40 billion metric tons by 2050.

Countries like the United States of America, Canada are likely to generate 34% of the world's waste.

Mostly the waste is generated from industries like Manufacturing & Fashion. Manufacturing industries use plastic, metals and other electronic materials which cause hazardous waste which creates air, water and soil pollution.

As per the source, the average customer throws 31.75 kilograms of clothing per year and globally produces 13billion tons of textile waste. Around 57 % of the discarded clothing ends up in landfill and 18 % is reused and recycled.

How Companies Can Do CSR on Waste Management?

Many companies are focusing on their Corporate Social Responsibility (CSR) activities in waste management. They can use the method of three R’s which is classified as Reduce, Reuse, Recycle. It will help to cut down the amount of waste generated by using alternatives for non-degradable products, to make the products reusable and recyclable. Using recyclable materials for making a product will be the best decision a company can make in their waste management activity. As the process of production and consumption is continuous in nature another fourth R ‘Repeat’ can be added in this hierarchy. Hence the companies can follow the process of Reduce, Reuse, Recycle, Repeat to safeguard the environment as their Corporate Social Responsibility.

Reputed companies like Samsung, Nestle & Tata have started waste management as their CSR activities. Innovative Financial Advisors Pvt Ltd (Fiinovation) took the initiative to guide and provide solutions to companies for their CSR activities. Fiinovation is working on different projects in different parts of the country and these Fiinovation Projects are appreciated by many companies as their investment in Fiinovation CSR activities brings effective results. CSR and sustainability excellence (CCSE) is Fiinovation’s Non Profit foundation who strive to uplift individuals and communities by working in education, health, sports, livelihood and other areas of relevance. Recently Leading Automotive Tyre manufacturer and HFCL made a partnership with Fiinovation for their projects. Fiinovation news about different projects is covered by media channels like ANI News & Economic Times to maintain transparency of their work and to Educate the corporates about their CSR activities Fiinovation believes in Simplicity, Transparency and Quality which make it stand out of the crowd and trusted by many Organizations. To know more about ongoing project companies can contact Fiinovation through their social media channels like Facebook and Linkedin.

Contact through the Links: Fiinovation Facebook

Fiinovation Linkedin

Fiinovation CEO: Dr Soumitro Chakraborty, Chief Executive Officer of Innovation Financial Advisors Pvt Ltd (Fiinovation) is honoured with CSR Leadership Award 2017 for his contribution in CSR and sustainability and for Best Environment Friendly Project.

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase-III, New Delhi - 110020, Delhi, India.

CSR expenditure is on the rise across India's business environment

Five years after corporate social responsibility (CSR) was mandated by the government, Big Four accounting and advisory firm KPMG has found that India’s largest companies are almost entirely compliant with the new regulations. 98 % of companies surveyed by the firm had their policies available in the public domain.

CSR was mandated by the government in 2013 under Section 135 of the Companies Act, a legislation that cam with a number of stipulations for businesses that fall under the label of ‘large companies.’ KPMG defines these as the 100 listed companies in India with the largest market capitalisation, or the N100.

A major stipulation, and one that has received a considerable amount of attention, is that large companies must earmark 2% of their annual profits towards CSR activity. The legislation comes with some leeqay, in that companies that haven’t devoted the necessary funds have space to justify their actions.

Other stipulations include setting up a CSR committee at the board level that will devise a CSR policy, making the policy available in the public domain, enumerating the areas of intervention that come within this policy, disclosing the mode of implementation, and revealing the methods to monitor CSR activity, among a wide range of others.

Since CSR was mandated, KPMG has checked in regularly with the N100 to gauge the state of compliance vis-à-vis the relatively new regulatory framework. This year, the firm’s evaluation produced promising results, showing an overall improvement in compliance across the board.

For instance, KPMG reports that there has been a 325% increase in the number of companies that have revealed details of their outreach effort in their annual financial statements. The amount of companies meeting their 2% per year quota is also on the rise, currently up to 76%.

This scenario is reflected in stories emerging throughout the year of social and developmental projects undertaken by large firms. The consulting sector is an integral part of this landscape. PwC, for instance, supports a number of social initiatives through its PwC India Foundation, including rehabilitation efforts in the wake of natural disasters.

Global management consultancy Accenture, meanwhile, has been involved in education efforts across the country. KPMG itself earmarked as much as Rs.2 crore towards helping those affected in the Kerala floods in 2018, in addition to deploying employee hours towards pro bono relief efforts.

Overall, KPMG reports that the N100 have spent more than Rs.35,000 on CSR-related projects in the last five years, accompanied by a 150% increase over the same period in the number of companies that carry the unspent portion of the annual 2% forwards into the next year.

With a long-term perspective, many large companies are looking to align their CSR activities with priorities within India and across the globe. As many as 41% of the N100 have now focused their CSR projects within the Sustainable Development Goals (SDGs) framework laid out by the United Nations.

Within the Indian context, a large share of the focus has been on projects to reduce inequality. Strikingly, KPGM reports that companies where women are chairpersons of the CSR committee have had the most dramatic increase in spending on reducing social inequality.

Article is taken from - https://www.consultancy.in/news/2838/csr-expenditure-is-on-the-rise-across-indias-business-environment

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting firm operating in multiple disciplines of the social development sector with emphasis on Corporate Social Responsibility (CSR) and Sustainability. Fiinovation offers end to end CSR consulting services and simplified solutions that has helped various corporations channelize their resources for the upliftment of community on societal, economic and ecological aspects in accordance to their CSR charter. Since 2008, Fiinovation has grown phenomenally and has made a benchmark in the sector through its service quality. It has been able to bridge the gap between businesses and communities through value-based CSR programmes in association with credible civil society organizations on pan India basis in the field of health, environment, education, and livelihood

Fiinovation CEO : Dr Soumitro Chakraborty, Chief Executive Officer of Innovative Financial Advisors Pvt. Ltd. (Fiinovation), was conferred with ‘CEO of the year’ award at the 8th World CSR Congress held in Mumbai on February 18.

The World CSR Congress this year focused on the integration of Sustainable Development Goals (SDGs) in corporate strategies, innovation, and strategic alliances. The award recognizes fiinovation projects exemplary work in the social development sector and noteworthy CSR and sustainability programmes.

Fiinovation Delhi NGO address - 24/30, Ground Floor, Okhla Industrial Estate Phase 3 Rd, New Delhi, Delhi 110020