Fiinovation Blogs: How to improve financial performance Measures for 2020

 

Innovative Financial Advisors Pvt. Ltd (Fiinovation), is a leading research and advisory firm that offers expertise in the corporate social responsibility (CSR) and sustainability domain. According to Fiinovation, financial performance is very important because understanding essential financial performance is the first step that leads you to where you are. Fiinovation family working on many solutions are Analytics, grant management, programme management, proposal research laboratory, and project optimization. The primary focus of fiinovation practice areas is health, education, livelihood skills, and environment. Fiinovation believes that mentioned CSR trends are more impactful for 2020. For this, key performance indicators are also important to reach the particular target but not all KPI’s are suitable for the firm, there are some few KPIs used for business. It depends on firm strategies on how to make use of KPIs. To determine this, you should consider where your business currently stands and its future strategy (i.e. have you created products yet? Are you expanding? Downsizing? etc.). Then, you’ll want to make sure that you have both leading and lagging indicators to measure performance. Fiinovation CEO Dr. Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work. You can see reviews on Fiinovation glassdoor. 

Financial performance is defined as, “Financial performance is a subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. The term is also used as a general measure of a firm's overall financial health over a given period.” There are many ways to understand the financial measures, but before understanding financial measures let's understand KPIs. KPI stands for Key performance indicator, there are several methods included in KPIs such as operating cash flow, debt to equity ratio, current ratio, days sales outstanding, working capital, accounts payable turnover, accounts receivable turnover, inventory turnover, return on equity, and customer satisfaction. A key performance indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the business, while low-level KPIs may focus on processes in departments such as sales, marketing, HR, support and others.

According to solvexia, Some KPIs for financial performance,

1. Operating Cash Flow: Knowing how much cash you have on hand lets you know that you can pay for operating expenses and incoming inventory. Beyond how your business is functioning today, you can use operating cash flow in comparison to capital investments to see how you can move your business forward. 

2. Current Ratio: This is the ratio between your assets over your liabilities. It allows you to understand solvency and ensure that you have a good enough credit rating to expand. 

3. Debt to Equity Ratio: Your business has likely relied on investors and shareholders with a stake in your overall financial health. To make sure that you can protect their investment, you want to regularly check in with your total liabilities against your shareholder’s equity. To remain transparent and be held accountable, it’s a KPI that your shareholders will want to stay abreast of. Automation technology makes it easy to share reports with all those who need to see them automatically.

4. Days Sales Outstanding: DSO defines the average sales collection period. This KPI is not only useful to you as CFO, but your whole team can also use it to understand how to incentivise people to pay faster. Your marketing and sales team should be aware of this KPI always, especially when introducing new campaigns. This is why it’s essential to have accessible dashboards, so every team member can pull insights they need for their own decisions that will affect the business’ bottom line. 

5. Working Capital: If you subtract your current liabilities from your existing assets, you have your working capital. This will let you know if you have what you need to take care of short-term liabilities. 

6. Accounts Payable Turnover: Your cash flow is affected by when and how many times you pay vendors. This is known as your accounts payable turnover. 

7. Accounts Receivable Turnover: Going hand-in-hand with accounts payable turnover is accounts receivable turnover, or how often you collect money that is owed. It may be the case that you are running into issues raising money, and that will affect your cash flow. To better understand if your business process is right or if you may need business process improvement, you should regularly monitor this situation with the help of automated means.

8.Customer Satisfaction: The KPI of customer satisfaction can be gleaned by calculating customer responses from surveys. 

9. Inventory Turnover: By dividing your current average sales by your current average inventory in the same period, you get an idea of your inventory turnover. You don’t want to hold too much inventory as a liability, nor do you want to be short to satiate consumer demand. 

10. Return on Equity: Comparing your net income to each unit of shareholder equity lets you understand whether or not your net income is appropriate for your business’ size. Not only does it inform you about profitability, but it also gives insight into how efficient you’re financially managing the business. 

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 - Top 5 Corporate Social Responsibility 2020

 

In 2019, Corporate social responsibility trends are too different as compared to CSR trends 2020. CSR trends in 2019 are better dialogue, more learning, more disaster prevention, greater equity and the growing importance of Generation Z-ers. These CSR concepts easily held media attention and the trends that were ideally impactful. We all know that CSR trends should be strategic because more strategic the more impactful. In 2020, Corporations or organization's provide big financial donations for social work. 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. According to fiinovation, in this year lots of fiinovation CSR activities are performed by corporations and organizations such as Sandvik Asia, SMS India pvt, Admitad India who provided relief funds to the affected areas with fiinovation. They were present with fiinovation to provide a relief fund. The COVID-19 pandemic has changed the world in many ways. Due to COVID- 19 pandemic, several countries across the world have declared lockdown. Due to lockdown billions of people who are now sitting at home, and lots of businesses who are shutting down and ceasing almost all economic activity.

Here are top 5 Corporate social responsibility trends,

1. Sustainable Development Goals
2. Synergistic Approach
3. Measurement
4. Corporate Activism
5. Employee Volunteer Programs

Fiinovation provides its services to both corporations and civil society organizations (CSOs) in carrying out field research studies, forging alliances, designing CSR policy of corporations. The primary focus of fiinovation practice areas is health, education, livelihood skills, and environment. Fiinovation believes that mentioned CSR trends are more impactful for 2020. 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. 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.

Sustainable Development Goals: Sustainable development goals include ending poverty and hunger,providing global access to quality education, promoting health and well-being, taking climate action, reducing inequalities, building public-private partnerships to reach these goals. The main focus of leaders in related to SDGs is in order to achieve goals is “action and delivery for sustainable development and pledged to mobilize financing, enhance national implementation and strengthen institutions”.

Synergistic Approach: In 2020, companies are always focusing on CSR strategies that are helpful in their business perspective with solving relevant social problems at scale. Companies are always looking for opportunities to contribute to society. Synergistic approach is helpful to boost both social impact and stock market performance.

Measurement: According to the Michelle DiSabato, Impact Advisory Services at Blackbaud, “As I look ahead to the next few years, I see companies’ adoption of impact measurement and the SDGs as becoming more and more critical.Those companies that ignore this call to action and continue to not integrate their CSR activities as a core function of their business will see themselves left behind.”

Corporate Activism: Corporate activism always increases the hiring activism, employee loyalty, and long-term sales.

Employee Volunteer Programs: Company-organized employee volunteer opportunities continue to be an under-tapped opportunity and, thus, we will see this 2019 CSR trend continue into 2020 as more businesses adopt this practice. Not only can employee volunteer programs make a massive, positive impact on a company’s corporate social responsibility programs, brand image, and recruitment/retention, but companies are treating these initiatives also as team-building activities. In addition to improving morale and culture, there is an opportunity to encourage cross-departmental collaboration and relationships by placing employees from different teams together on these volunteer days.

Fiinovation CEO Dr. Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work.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 Contact - Corporate social responsibility in times of financial crisis

Corporate social responsibility (CSR) is an essential topic that is receiving increasing attention from organizations. Corporate world focusing on Corporate social responsibility because CSR is highly associated with good corporate governance. Organizations have a large, positive or negative, direct or indirect influence on every party in society. Society is part of CSR because in society there are various particular parties and the organization's main goal is to satisfy all parties they contract with. The Organization’s main aim is to create economic and social value to their organization, for a shareholder, it might be to increase wealth, or for the government to decrease unemployment and increase Gross Domestic Product by high volume production of an organization. Thus, the role of organizations in balancing the interacting benefits or expectations of each party is crucial for both society and the business environment. According to Flavia Thomé, Triple Bottom-Line, “CSR role of corporations in the larger social and environmental contract is key in preserving an ideal equilibrium of confidence and responsibility”. Organizations may choose to engage in actions where their products or activities are linked to a wider social or environmental good. For example, Food products manufacturers joined hands with Govt schools, NGOs by supplying Food. On the other hand, responsible actions should be recognized as not just necessary, but a business imperative. It is good business to understand the role that your organization plays in the broader society and to leverage your resources in order to manage and satisfy your stakeholders. Keeping CSR at the periphery of the business model will go some of the ways towards improving stakeholder relations and reestablishing much needed trust. Corporate social responsibility principles are considered important starting points in improving business operation.

Companies that understand and implement the social responsibility strategy into their business core are able to anticipate changes through their CSR practices. The current crisis made shareholders rethink their business strategies and to consider the environment and social responsibilities important practices for the society and economic system. The CSR benefits have received increased attention from researchers, scholars and international organizations bodies such as Civil Society Organisations, technical experts, academics, international organizations, and other stakeholders. Corporations use CSR practices as a strategy to strengthen their relations with employees, investors, suppliers, government and customers. Corporate social responsibility practices as a long–term and sustainable business strategy regardless of any financial and or/economic downturn. The financial crisis has shaken many companies and caused losses and damage. However, in these uncertain situations, the crisis had brought not only threats but opportunities as well. The financial crisis can be a good indicator of socially responsible business activity. It highlights if companies connected their CSR practices to their core business in a responsible way or they fall victim to cost-cutting measures. Corporate social responsibility practices do not positively affect only financial performance but also the company's good reputation and differentiate the company from competitors through their goods and services.

Innovative Financial Advisors Pvt. Ltd (Fiinovation) is a leading research and advisory firm that offers expertise in the corporate social responsibility (CSR) and sustainability domain. Fiinovation’s main aim is to provide funds to other NGOs and working on their Corporate Social Responsibility activities. Due to Covid-19 pandemic fiinovation provides many funds to other NGOs and also working on their own projects to go to affected areas and provide help. Fiinovation visits many affected areas and provides direct relief. Fiinovation provides its services to both corporations and civil society organizations (CSOs) in carrying out field research studies, forging alliances, designing CSR policy of corporations. 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, affirmative 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 has done many successful projects, the following mentioned projects in their fiinovation projects. 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 practise areas like health, education, livelihood skills and environment. Fiinovation’s main aim is to provide social services to the society. 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’’. The 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. Fiinovation CEO Dr.Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work. 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 client login - CSR in an era of Covid-19

Every organization should take part in Corporate Social responsibility. It helps to improve sustainability growth and sincerity towards social responsibility, and the activities that are conducted by the company which helps to achieve goals. Covid-19 pandemic hugely affects the world and the economic impact of the 2020 coronavirus pandemic in the world has been largely disruptive. COVID-19 pandemic has changed the world in many ways. Due to COVID- 19 pandemic, several countries across the world have declared lockdown. Due to lockdown billions of people who are now sitting at home, and lots of businesses who are shutting down and ceasing almost all economic activity.

Covid-19 pandemic leads to many serious issues such as unemployment, global poverty, food and shelter problems, labour underutilisation, the rapid decline of economy etc. According to a United Nations International labour organization (ILO) report, there are 188 million people unemployed. In addition, 165 million people do not have enough paid work, and 120 million have either given up actively searching for work. In total, more than 470 million people worldwide are affected as well as poverty also has extremely increased. In COVID-19 pandemic period several countries who are facing natural disasters such as flooding, earthquakes, wildfire etc. It makes the situation more difficult for countries.

There are many organization's who are constantly taking part in Contribution, and having the help of countries to solve the issues of the Covid-19 pandemic crisis. We are definitely in a time of need right now and transferring the ideals of CSR to the dislocation caused by COVID-19 can be of great benefit now for all of us, as employees, as consumers and most importantly, as people trying our best to get through an extremely challenging time.

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. Fiinovation team always focuses on how their Fiinovation CSR activities make impactful for the developing nation India. They mainly focus on social problems. Innovative Financial Advisors Pvt. Ltd (Fiinovation) is a leading research and advisory firm that offers expertise in the corporate social responsibility (CSR) and sustainability domain. Fiinovation’s main aim is to provide funds to other NGOs and working on their Corporate Social Responsibility activities. Due to Covid-19 pandemic fiinovation provides many funds to other NGOs and also working on their own projects to go to affected areas and provide help. Fiinovation visits many affected areas and provides direct relief such as recently Fiinovation visits Udaipur, Rajasthan, supported by Sandvik Asia where they had provided technical support for a relief and awareness project and aimed at providing essential supplies to 500 underprivileged families and generating awareness by conducting sensitization campaigns on hygiene for containment of coronavirus and provide direct relief to the families of poor, migrant daily-wage earners, mine workers, construction labourers and others who were unemployed due to COVID-19. Fiinovation and SMS India Pvt. Ltd, Gurugram (SMS group Germany subsidiary) joined hands and designed a community level CSR project for fostering awareness for COVID 19 and aiding the marginalized section of the society in Sakore Nagar and Shivaji Nagar, Pune. The project helped the financially weak section of the targeted areas by providing the essential supplies amidst lock-down and spread awareness on basic hygiene and advisory guidelines to safeguard the vulnerable community from the pandemic. Apart from provisioning food rations, hygiene kits were also distributed among the beneficiaries in order to encourage them to adopt safe hygiene practices. Fiinovation provided technical support for a COVID-19 Relief and Awareness project in Mahesana, Gujarat, supported by Sandvik Asia Pvt. Ltd. The project was implemented in Rajpur village and other surrounding villages near Sandvik’s plant in Gujarat and provided dry ration and hygiene kits to over 500 underprivileged families throughout the lockdown. Innovative Financial Advisors Pvt. Ltd. (Fiinovation) and SMS India Pvt. Ltd, Gurugram, designed a multi-layered CSR project to support the vulnerable section of the community. The project was implemented in the Khordha district of Odisha and benefited around 2500 households of the area. The intervention’s main objective was to foster awareness for COVID 19 and aid the vulnerable and destitute with essential supplies to enable them to cope up with the deadly pandemic and its repercussions. Fiinovation joined hands with Admitad India, a part of Admitad- a global affiliate network. As part of the partnership, a community-level intervention was designed to support the people living in the slum regions around Delhi-NCR, and also the migrant labourers. Ration kits along with essential commodities such as masks, sanitizers and hygiene kits were distributed among the families of the labourers and daily wagers. The project also focused on generating awareness on various precautionary measures to ensure the safety of beneficiaries.

Fiinovation always 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, affirmative 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. They have mentioned their work in Fiinovation Blogs that explains how solving social problems is their first responsibility. They primarily focus on practise areas like health, education, livelihood skills and environment. Fiinovation provides its services to both corporations and civil society organizations (CSOs) in carrying out field research studies, forging alliances, designing CSR policy of corporations. fiinovation has done many successful projects, the following mentioned projects in their fiinovation projects. 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’’. The 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. Fiinovation CEO Dr. Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work.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 - How Fundraising can be Beneficial ?

A strong fundraising effort can ensure there are adequate funds to support all of your activities; a poor performance can drain money and threaten the very survival of your organisation. Fundraising can help schools offer scholarships and new programs, maintain academic excellence, and complete major projects. School fundraising helps the institution collect finances for various purposes such as improving infrastructural facilities or new uniforms for the school sports teams or band or any other similar activity

Having a well-planned and well-executed fundraising strategy can make all the difference between thriving and simply surviving for most schools. One of the benefits of fundraising schools is that it helps in enhancing the Importance of Charity and Community.

Fundraising might allow your school to offer daycare, more extracurricular activities, after-school clubs, and educational programs. There are many benefits to fundraising. Students gain valuable leadership skills and confidence. Fundraisers require students to work with each other, as well as their parents and teachers in order to meet their overall goal, and this teaches them teamwork. Students are also taught the importance of community, creativity, caring about others, and improving the common environment Fundraising also allows parents to get involved and play a more active role in their children’s lives. Finally, the additional funds allow schools to improve their facilities and programs. It’s a win-win!

Book fairs: Foster a love of reading and a sense of charity by holding a book fair where all the proceeds go to a worthy cause. Poll students ahead of time about what kinds of books they’d be interested in, as well as which charity ought to receive the donations.

Movie night: Who needs to go to the theatre when you can host a movie night on school property or on campus? Better yet, all the proceeds can go to a good cause. Pick a popular movie – make sure to keep it age-appropriate depending on your audience! – and sell tickets to students and staff.

Scavenger hunt: Kids love scavenger hunts, but they’re also great fun for people of all ages. Participants can either donate to sign up or collect sponsors, then race around school property looking for various items on a list.

Fashion show: Get ready to strut your stuff on the catwalk! Any gym or field can be turned into a fantastic runway with a little bit of creative effort. Sell tickets for friends and family to come see students and teachers model student creations.

Recycling Drive : Get your students to bring to school old cartridges, mobile phones or clothes. Set up a partnership with a company that is going to buy these off you and then enjoy your newly raised money.

Trivia Competition : Think of fun but challenging questions, either about your school and its history or pertaining to general knowledge. Invite people who are connected to the school and set a date for the competition. In order to raise money, you can charge a small entrance fee, sell food and refreshments, or do both. Select good questions, a great quizmaster, and be careful to select a reasonable time.

Staging a Theatre Play : Every parent will want to come and see their child performing in a play. Work with your students to prepare an age-appropriate play, promote the play to their friends and families, and charge them to see the play. Make sure the viewers know that the money is going towards a specific cause

Fun run: Organize a Fun Run or Fun Walk that the students can participate in. Encourage them to raise pledges from their families or ask for a specific donation amount (i.e. $1). Make it a fun event with music, snacks, and high energy.

Bingo: Organize a bingo night and participants can pay to play with an opportunity for the winners to get small prizes.

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 practise 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’’. Fiinovation CEO Dr Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work. Some of the Fiinovation projects related to environmental sustainability are Rainwater harvesting, water management projects, developing various strategies for providing safe drinking water, solid waste management etc. 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 : Matching gift programs

Matching gift programs are set up by companies and corporations as an employee benefit. After an employee donates to a nonprofit, they can submit a matching gift request to their employer and the company will make an additional donation to that nonprofit. Many companies like Fiinovation support employee philanthropy by offering matching gift programs. By taking advantage of your corporate matching gift program, you can maximize the value of your gift at no additional cost. Matching gift programs are a tool companies use to support the philanthropic endeavours of employees. Companies with gift matching programs will match the donations their employees make to a range of eligible nonprofits.

Each year, companies and businesses support nonprofits by distributing hundreds of millions of dollars in matching gift donations. Matching gift programs are a great way for companies to engage employees as well as branch out into philanthropic initiatives.

Many employers match tax-deductible charitable contributions made by their employees but if your company is one of the few that doesn’t, here why it should:

1. Boost More Employee Donations and Engagement : Matching programs are of particular interest to employees who partake in charitable events like walk-run-bike marathons that have goals for teams or individual participants. By matching your employees’ donations, you’ll help them reach their goals faster while making it clear that you care about the causes they support.

2. Better Image of Your Company: Pledging to match your employee donations will allow your company to have a larger social impact than it would with employee donations alone. In addition to doing more good, matching gifts can improve your corporate reputation. An excellent example of a company with matching gift and volunteer grant programs is Microsoft.

3. Convenient mode of Donation Review: For companies that offer matches for predetermined nonprofits, the vetting process is much simpler since the selected charity has already been checked to make sure it meets corporate and legal requirements.

4. Cost Benefits of Matching Gifts: As with most charitable giving, matched employee donations are often deductible for up to 10% of the company’s taxable annual income. However, since most state and federal laws on charitable contributions change, you should always consult your company’s legal counsel and tax professionals to decide if possible business tax deductions apply to your matching gifts program.



WAYS TO PROMOTE MATCHING GIFTS PROGRAMS

Encouraging donors to look into matching gifts can seem difficult at first, but it’s not so hard if you use the right strategies. Luckily, we can help you market matching gift programs to your supporters. Whether you want to inform first-time donors about matching gifts or provide existing and dedicated contributors with enlightening resources, we can help you encourage donors to make their donations go further. Whether you want to inform first-time donors about matching gifts or provide existing and dedicated contributors with enlightening resources, we can help you encourage donors to make their donations go further.

Let’s look at the five ways to get the word out about matching gifts:


Encourage matching gifts as donors are making initial contributions.

2. Create dedicated matching gift pages.

3. Include matching gift information in your acknowledgements.

4. Promote matching gifts on social media.

5. Don’t forget email newsletters.



Which Nonprofits are Eligible for Matching Gifts?


Educational institutions are eligible for corporate matching gift programs.

Such as: universities, colleges, seminaries, alumni funds, K-12 schools, or school district foundations


Arts and cultural organizations are eligible for corporate matching gift programs

Such as: museums, zoos, aquariums, theatres, orchestras, operas, or public broadcasting stations

3. Community organizations are eligible for corporate matching gift programs.

Such as animal shelters, homeless shelters, low-income assistance, child welfare, or public works programs

4. Environmental organizations are eligible for corporate matching gift programs.

Such as conservation efforts, wildlife preservation programs, or public state or national parks

5.Health and human service organizations are eligible for corporate matching gifts.

Such as: hospitals, community health centers, substance abuse programs, or health services



Matching Gift Ratio - Every company has a different idea of what a ‘match’ is for their employees. The majority of companies match at a 1:1 ratio, but others have drastically different standards.

Some companies will give Rs 37 for every rupee an employee donates, but others will give as much as Rs 300 for every 1 Rupee that an employee donates.

The ratio may also differ based on:

~The type of employee.

~The type of organization to which the donations go.

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting firm operating in multiple disciplines of the social development sector with an 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 and team are working on different CSR projects in different parts of the country. Fiinovation blogs provide information about the CSR activities which are implemented by companies and also address various environmental issues. We can contact Fiinovation from different social media sites like Facebook, Linkedin, Twitter etc as they give updates about their projects. Fiinovation news, Projects, articles are uploaded on their Youtube channel.



Following are the Links: Fiinovation Twitter

Fiinovation Youtube

Fiinovation Facebook




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

Fiinovation Contact : Ways Companies Can Support Mental Health in the Workplace

Workplace wellness programs can identify those at risk and connect them to treatment and put in place supports to help people reduce and manage stress. By addressing mental health issues in the workplace, employers can reduce health care costs for their businesses and employees. Improving the mental health of your employees – making them mentally resilient to stress from the pandemic – can improve thinking, decision-making, workflow, and relationships at work. All of these translate to increased productivity. Mental health problems have an impact on employers and businesses directly through increased absenteeism, negative impact on productivity and profits, as well as an increase in costs to deal with the issue. In addition, they impact employee morale adversely disorders like anxiety and depression often go undetected for months or years. Unlike physical illnesses, mental health issues are more challenging to pinpoint. Even though mental health can often be a taboo topic, especially in the workplace, it appears that employees want their employer to champion mental health and well-being. The Mental Healthcare Act was commissioned in 2017, that positions its approach towards mental health and mental healthcare from a rights-based perspective. One of the best ways to create a culture that supports mental health is to ensure people experience their jobs in a meaningful and purposeful way. This can be achieved by giving employees autonomy and resources. If your team experiences to support and independence, and that you trust them to do what they ought to do, they will generally be happier at work, which will reduce the risk of mental health problems.

Speak candidly about mental health. The first step to beating the stigma is to stop treating mental illness as taboo. Whether it’s an article you read, a show you watched, or a personal experience you had, talking about it openly and without shame will help others realize they aren’t alone.

Keep the conversation going. Workplace culture must be nurtured, which means you can’t just mention mental health once and expect it to catch on. Find multiple opportunities to incorporate the subject into your employees’ day so it stays top-of-mind.

Include all levels of staff. As we mentioned in a previous article, culture starts at the top. Your employees won’t believe that you genuinely care about their well-being unless every manager and executive also demonstrates the importance of mental health.

Encourage employees to take mental health days off. If you still require your employees to provide a doctor’s note or otherwise “legitimate” reason for missing work, it might be time to stop. Part of preventative health involves giving your mind and body a break every now and then and allowing your staff to miss work in order to recharge can help them stave off more serious health issues down the road.

.Design a mentally healthy workspace. It’s important for your employees to feel energized and uplifted by their work environment. Research has shown productivity, engagement, and overall wellness increase when people feel comfortable in workspaces with natural lighting, plants, and other positive features.

Focus on the positive. Mental illness is a serious issue, but it can still be addressed in a way that makes people feel understood, appreciated & empowered.

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting firm operating in multiple disciplines of the social development sector with an 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 and team are working on different CSR projects in different parts of the country. Fiinovation blogs provide information about the CSR activities which are implemented by companies and also address various environmental issues. We can contact Fiinovation from different social media sites like Facebook, Linkedin, Twitter etc as they give updates about their projects. Fiinovation news, Projects, articles are uploaded on their Youtube channel.

Following are the Links: Fiinovation Twitter

Fiinovation Youtube

Fiinovation Facebook

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

Fiinovation Contact : Why India should focus on CSR Implementation?

India is one of the few countries that has made CSR activity for big companies a mandatory regime. It has done so that businesses don't take undue advantage of the environment, improve customer satisfaction, and help better investor's morale. On April 1, 2014, India became the first country to legally mandate corporate social responsibility. The new rules in Section 135 of India's Companies Act make it mandatory for companies of a certain turnover and profitability to spend two per cent of their average net profit for the past three years on CSR. Now, the movement is transitioning from its reliance on purely voluntary activity to the greater use of laws.

The push for legalisation came because voluntary CSR presented problems such as free-riding, CSR facade and false disclosures. Governments are now modifying their "capitalist" approach and considering legal rules. Previously, the companies use to invest in activities which might not be much beneficial for society. Schedule VII of the Companies Act, 2013 lists all the activities which will be considered under CSR. The law in its current form is failing to promote CSR activity. Its poor design and lack of clear obligations, set in a milieu of poor law enforcement, is also not generating an ethical obligation to obey the law in spirit.

It is suggested that it’s time to reform laws – to socialise corporations and CEOs in terms of their legal obligations and the benefits of CSR activity, to design enforcement mechanisms, and to generate ethical behaviour. India’s legal provisions contain vague language and permit a high degree of self-interpretation that undermines legislative intent.

The provisions also appear to be formulated based on a traditional understanding that top management is solely responsible for ethical behaviour and CSR activity, without making the connection between the company and its stakeholders. There is no explanation for how the CSR provision fits within the wider ambit of a corporation’s role and purpose, the duties expected of its directors, or the information it is expected to disclose.

Until such time that the law is made more precise and backed up by effective enforcement and penalties for non-compliance, it will not promote CSR or make companies engage more with stakeholders. Section 135 is merely a stealth tax and will impose unnecessary compliance burdens.

Inequality in India, which was already high, has increased even more. The CSR law does not go far enough in reducing inequality and helping the disadvantaged. Without a persistent apparatus, it is unlikely that the law will result in widespread compliance and real effectiveness. In other words, “required" CSR will remain largely voluntary, but give the illusion of progress.

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a global consulting firm operating in multiple disciplines of the social development sector with an 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) incorporate 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- 110020.

Fiinovation Contact - BREACH OF CSR PROVISION AND ITS CONSEQUENCES

Fiinovation CSR is a self-moving business characteristic that helps organizations socially liable. With CSR training, companies can be aware of the kind of influence they have on different sections of the society - economic, social & environmental. To employ CSR in the business means that the company is contributing to society in a beneficial way rather than in a negative manner.

The aim of CSR is to give back to society and bring positive social values. Companies can show CSR in the form of donations to charities, employee volunteering, eco-friendly production process, ethical labour practices and more. It aims at the protection of the local and global environment. It ensures respect for human rights. It results in avoiding bribery and corruption. It promotes adherence to labour standards by companies and their business partners.

CSR may be based within the human resources, business development or public relations departments of an organisation, or maybe a separate unit reporting to the CEO or the board of directors.

Importance of CSR :

1. Brand Image - A well-managed CSR program can help increase brand equity, awareness and resonate with strong values.

2. Increase in Sales - Companies that lead with a purpose are perceived positively by the customers.

3. Employee Empowerment - CSR initiatives incorporate volunteering programs which foster values such as empathy and loyalty

4. Cost Reduction - Responsible companies have found new technologies that have reduced the operating costs.

In April 2014, India became the first nation in the world to make CSR mandatory, following an amendment to the Companies Act, 2013. Companies can spend their profits in areas such as education, poverty and hunger, as a part of CSR assent. With the ongoing CoVID-19 global pandemic, the Ministry of Corporate Affairs has suggested that the businesses' contribution against the pandemic will be considered credible under the CSR rules. As per the regulations the company will set aside, for annual CSR activities, an amount equal to 2% of the average net profits of the Company made during the three immediately preceding financial years

The amendment notified in the Companies Act, 2013 requires companies with a net worth of INR 5 billion (US$70 million) or more, or an annual turnover of INR 10 billion (US$140 million) or more, or net profit of INR 50 million (US$699,125) or more, to spend 2 per cent of their average net profits of three years on CSR. Businesses must note that the expenses towards CSR are not eligible for deduction in the computation of taxable income. If a company was unable to fully spend its CSR funds in a given year, it could carry the amount forward and spend it in the next fiscal, in addition to the money allotted for that year. Every company should set up a CSR committee which would formulate the CSR policy. Organizations shall go for areas around where it functions.

If the company fails to follow the provisions of the Companies Act, 2013, then according to Section 134 of the Companies Act ;

• The company shall be punished with a fine of Rs 50,000 to Rs 25,00,000.
• Officers who are defrauded can be imprisoned for 3 years and pay a hefty amount of fine.
• Companies will have to give details about the spending of money and they have been given a three-year window to adhere.

In order to show compliance towards CSR, the Ministry of Corporate Affairs has taken the following initiatives :

• National CSR data portal which will ensure transparency towards CSR activities of businesses.
• Show cause notices to the companies.
•Unspent CSR amount to be transferred to designated Central Government Funds

The current government has tightened the laws for CSR as several companies and NGOs were caught violating the policies. Responsibility should be imparted as fundamental behaviour for any progressive society. And hence the CSR law. It has done so that businesses don't take undue advantage of the environment, improve customer satisfaction, and help better investor's morale.

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- 110020.

Fiinovation CSR - Role of Govt in CSR

Earlier the government alone was responsible to develop the society and to maintain the environment, for this purpose many projects were implemented as it was the duty of the government to look after the society. Due to growth in industries and increase in revenue, it becomes the responsibility of the companies to manage the society, environment and other factors, it can be possible by investing in Corporate Social Responsibility (CSR) activities.

Corporate social responsibility is getting recognition in India and also the corporates started realizing the importance of the CSR activities.

After the amendment of the Companies Act, 2013 India has become the first country in the world to make corporate social responsibility mandatory. The growth in the CSR in India has made changes in the corporate governance system as they are influenced by family value, tradition, culture and religion by industrialization. The government encourages the corporates to contribute rightly in the growth of society by activities like rural education, environment protection methods, use of eco-friendly products, rainwater harvesting, waste management, tree plantation activity, and helping the needy during crises.

E.g - Many reputed companies like TATA and Reliance have taken the initiative to help people during the pandemic of Covid-19, though the government is also making affords to handle the situation and to fulfil the basic necessity of people like Food, shelter and hospital facilities, the corporates are also taking the initiative to fulfil it. 

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 the corporates and NGO so that they can implement their CSR activities in the right sector. Fiinovation provides guidance to the corporates about the Fiinovation CSR activities and also helps them to make it successful. Fiinovation CEO Dr Soumitro Chakraborty has been awarded as’’ Most admired leader for CSR and Sustainability ‘’ and also the company received ‘’Most caring company’’ award 2015. Fiinovation believes in transparency as each update about their Fiinovation project is available on their social media sites like Facebook, Linkedin, Twitter and Youtube.

As India is a developing country and there are a lot of areas where there is no basic facility, lack of education, lack of employment, improper drinking water facilities and many other issues which need to be addressed. This can be possible by implementing the Fiinovation CSR activities in every part of the country. The corporates can also take the responsibility to reduce the cause of pollution created by them, around 77 % of industries cause water pollution 15% cause air pollution as per the source. So the corporates should take the initiative to make changes in their working environment by implementing CSR activities.

The main objective of CSR is to serve society and the environment, this can be possible by involving both business and government together to contribute towards the objective and to bring changes in society.

Fiinovation CSR activities are appreciated by many corporates and also encouraged them to participate in it. Information about different Fiinovation projects are updated on their website.We can contact Fiinovation through the following links:

Fiinovation Facebook

Fiinovation Linkedin

Fiinovation Twitter

To know more information about Fiinovation and to get updates about the projects you can stay connected through Fiinovation Client Login.
Fiinovation Delhi NGO address: 24/30, Ground Floor,Okhla Industrial Estate, Phase-III

New Delhi – 110020, Delhi, India

Fiinovation Client login - Why is Monitoring and Evaluation important for your CSR project.

Corporate Social Responsibility (CSR) is the company’s responsibility towards the growth and development of social, economical and environmental factors by contributing a part of their profit. In order to implement the CSR activities, it is necessary to Monitor and Evaluate every part of it from the beginning to the end. Monitoring and Evaluation plays a very important role in corporate social responsibility activities. The term monitoring refers to checking and keeping a track on the projects if it is going in the right direction, and also to observe and measure the progress of the project. On the other side, Evaluation is to analyse how well the project has been implemented, what are the limitations after the implementation, the future obstacles to be faced and to check if the outcome of the project is positive or negative. Monitoring needs to be done before the implementation of the project and evaluation is carried out after the implementation. Hence Monitoring and Evaluation go hand in hand in order to make the project prosperous.

Following are the points to be considered in monitoring the CSR activity :

• To check the effectiveness of the CSR project on what parameters it can be implemented.
• To determine the resources required for it.
• To analyse the durability of the project in future terms.
• To observe and check the progress.

Points to be considered in Evaluation the CSR activity:

The evaluation can be classified into three parts

Process Evaluation: To check if the project is reached to the target

To classify if the project is going on as per the plan.

Impact Evaluation: To measure the performance of the project and to implement desire change

Outcome Evaluation: To check if the goal of the project is been achieved

To determine the contribution of other external factors.

The organisations need to create transparency about their CSR projects to the funding parties and to shareholders so that they can improve their brand image as well as the implementation of various projects and also encourage others to fund and participate in CSR activity,

Hence Monitoring and Evaluation plays a very important role to help the organisations for reaching their goals by taking the decision at the right time and to identify on what extent the target has reached also the outcome of it.


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 the NGO and the organisation to invest and guide in their CSR activities. Fiinovation also helps the organisations in monitoring and evaluation of their projects so that it fulfils all the objectives and achieves the goal.Fiinovation CSR activities are appreciated by many organisations and they are now investing in their CSR activities with proper guidance of Fiinovation. Fiinovation news is covered by many reputed media channels like ANI news and economic times. Fiinovation CEO Dr Soumitro Chakraborty believes in transparency, simplicity and quality to make the project successful also all the updates about the Fiinovation projects are available on their social media channels like Facebook, Youtube, Twitter and Linkedin.

Following are the links: Fiinovation Facebook

Fiinovation Twitter

Fiinovation Youtube

To know more information about Fiinovation and to get updates about the projects you can stay connected through Fiinovation Client Login

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

New Delhi – 110020, Delhi, India

ENVIRONMENT SECTOR IN INDIA – STRATEGIES OF INNOVATIVE FINANCIAL ADVISORS PVT. LTD

‘’The Environment and Economy are two sides of the same coin

If we cannot sustain Environment, We cannot sustain ourselves.’’

Wangari Maathai 

The world is changing based on the desideratum of the people and the needs and wants of the society is increasing day by day, in order to fulfil the demand the world moves towards Industrialization. Due to rapid growth in industrialization, it gave rise to many environmental problems like Air, water, soil and noise pollution which creates a tremendous impact on the mother earth. So it is the fundamental responsibility of the human being to take initiatives to sustain the environment for the well being of their future.

India is a developing country and it is going through a rapid phase of industrialization, the development of roads, factories, house property, playgrounds, airports etc are a major part of it. But to make certain changes we neglect the impact the environment which is the main concern in today's era. Due to more consumption of natural resources, it is about to abolish and there will be fewer resources for the future generation. The growth in the industries creates air and water pollution, the harmful substances emitted through factories creates air pollution and the waste is released in water which spoils the water and due to this it affects the health of people.

Why do we need to protect the environment? Because it plays an important role in the healthy living of human beings and without it, humans' existence will come to an end. The environment gives us basic necessities like food, shelter etc so it is necessary to protect it.

According to the source, in India, around 51% of pollution is caused by Industries, 27% by the use of vehicles and 22% by others. As the maximum pollution is caused by the industries so it becomes the responsibility for them to reduce it by taking necessary steps towards environment protection.

Industries can reduce the pollution caused by them by investing in Corporate Social Responsibility (CSR) activities. In CSR the companies and the management participate to uplift the society and sustain the environment.


Following are the ways through which the companies can reduce environmental pollution :

To practice waste management activities

To make their employees use public transport instead of their private vehicles to reach the office or else promote the use of electric vehicles.

To manufacture recyclable products and also encourage people to use the same.

To educate people about environmental problems.

To make use of solar energy in their offices.

To reduce the paperwork and make the employees to go digitalised.

To implement water management activities.

And also to encourage society in doing so.

It is important to create awareness about the things happening in our environment related to the environment so if the government or industries are making their projects which can harm the environment then people can take action related to it. E.g the case of ‘’Aarey Forest ‘’ where the government of Maharashtra decided to cut thousands of trees for making their project and the people oppose it because of the environmental concern. This type of activities creates more awareness in society and can be helpful to preserve the environment.

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 practise 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’’. Fiinovation CEO Dr Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work. Some of the Fiinovation projects related to environmental sustainability are Rainwater harvesting, water management projects, developing various strategies for providing safe drinking water, solid waste management etc. 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

GENDER GAP – INNOVATIVE FINANCIAL ADVISORS PVT. LTD.

We cannot change what we are not aware of,

And once we are aware, We cannot help but Change

- Sherly Sandberg

We live in a world where every individual should be treated equally but there is a lot of gender discrimination among every singleton in respect to male and females. From childhood, it has been thought that both men and women cannot do the same work, due to their ability to perform and most women were not considered to do official work instead they have to deal with only household works. This type of psychology of the people is carried till now though the world has changed but the mentality of gender discrimination is still the same in many parts of the world and mostly in rural areas of India. In India, there is a huge disparity in the population of male and females and in many areas the women are not getting their own right to contribute their work towards economical benefits of the society and country. Hence there is a gargantuan difference in access of females to economic, political, educational and healthcare opportunities and their contribution to such services. Women are getting less freedom to do their work and also not included in most of the labour services due to their gender as society thinks they are not eligible to perform labour work due to less physical strength, in many parts of the world the women are handling many labour services and also getting selected for defence service by the government hence this will put a light on the society that they are also capable of doing things and also are able to work shoulder to shoulder with the men.

Apart from this, there is oodles of gender discrimination with the people who belong to ‘’Third Gender’’ category, they are treated immorally by the society and are excluded from doing any work. Now it is announced that the third gender is also a part of the society and they should be equally treated like men and women and also they are involved in the corporate world to show their skills and contribute towards the economy.




India has been declared to be 122 positions amongst 153 countries on the world's economic forum global gender gap index. The index is to measure the Gender gap in access to economic opportunity, educational attainment, political empowerment and health. It has been analysed that the Gender gap index of India is very low in every parameter which is mentioned and the government is working towards the improvement of the lacking sectors.

The corporate Social Responsibility ( CSR) of the companies is to maintain a balance between the gender workforce in their organisations.

Corporate social responsibility can be a powerful tool to uplift the Gender Gap Index of our country by providing :
Proper wages and salaries to the employees based on the performance and not including the gender concept.

Every employee should have equal rights to work in a safe environment.

To provide proper job opportunity for Women’s and taking care of their health and safety measures

To provide equality of treatment to women at the workplace

To spread awareness about gender discrimination in the workplace.

To take legal actions on the unethical practices like paying low salaries to women, excluding from the decision-making process and also on sexual harassment in the workplace.

To take the initiative of educating the women who are not getting schooling facilities due to their gender.

Companies should rightly invest in their CSR activities to make a change in society

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 bridge the gap between the corporates and NGO and help the companies to invest in their CSR activities to create a change in society. Fiinovation CSR activities are recognised and appreciated by many companies over the world. Fiinovation CEO Dr. Soumitro Chakraborty and his team are working relentlessly on their different Fiinovation Projects. Fiinovation working to create equal opportunities of education for women and also help mobilize resources for health and education projects, for the empowerment of women to ensure enhancing their skills, so that they can engage in income generation activities.

India is still in the lowest position in maintaining gender equality and social development. This is because of a lack of education and awareness about gender rights in society and also because no one is taking a step to make a change in society. As the government is taking initiatives to overcome this obstacle so it is the right time for corporates to grab the opportunity by implementing their CSR activities to create change in Society.

Hence companies like Innovative Financial Advisors Pvt Ltd (Fiinovation) are taking every necessary step to help corporates to make the right decision for their CSR activities. Fiinovation news about their projects is being covered by reputed media channels like ANI News and Economic times. We can also contact Fiinovation through their different social media sites like Facebook, Twitter & Linkedin.

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

CSR activities for Safe Drinking Water

Water plays a very important role in survival, each and every living being on this planet depends on it,without water there is no life. About 71% of the earth surface is covered by water; it is present everywhere in the form of rivers,lakes,glaciers,oceans etc. As human being cannot cannot survive without water it is necessary that they consume proper drinkable water to stay safe from various diseases. Consumption of contaminated water is linked to transmission of diseases such as typhoid, cholera, diarrhoea, polio etc. The majority of the people in rural areas are suffering from such diseases. The government is working on various projects to provide safe and sanitized drinking water facilities in rural areas and also it is the responsibility of the organizations to provide assistance for the same. Hence various organisations are planning their CSR activities in such water management projects so that each and every individual will live a healthy and prosperous life.


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 consults and provides guidance to the companies who are investing in their CSR activities.


Center for Youth Development and Activities (CYDA) and Peoples Forum joins hands with Fiinovation on different health care projects. Fiinovation conducted a study of ‘’Mid-term evaluation of safe drinking water’’ at Vijayawada and Visakhapatnam in Andhra Pradesh for a Pharmaceutical Company.The project was to address the acute shortage of safe drinking water in that area. Fiinovation conducted a study and suggested correction measures for the future. Various Organisations made partnership with Fiinovation for different projects of their CSR activities. These Fiinovation projects are well recognised and appreciated by many corporates and they are investing in Fiinovation CSR activities for better outcome.

From the Source:

As per the reports published by the World Health Organisation (WHO) only 71% of the global population used safely managed drinking water services.In least developed countries 21% of healthcare facilities have no water services and 22% have no sanitisation services.

How Industries creates water pollution

Many industries dump waste and chemicals into the river and seas which creates water pollution and this polluted water goes in the areas where people use it for drinking and other purposes. Industrial waste, oil leaks from ships, inadequate industrial practices, use of plastics are some of the reasons for water pollution. As the Industries are majorly responsible for water pollution it becomes their responsibility to fix it up by implementing their CSR activities in providing safe drinking water facilities.

About 70% of India’s population lives in rural areas so it becomes necessary to provide safe drinking water and facilities for their well being.

Following are the CSR activities which company can implement for providing safe drinking water in rural areas :

Setup wells and ponds in rural areas

Provide proper water supply for every households

Provide Rainwater harvesting facilities

Spread awareness about the diseases caused by consuming contaminated water

Provide healthcare facilities

To stop disposing industrial waste in rivers & oceans

Many NGOs are also implementing the projects of safe water supply to rural areas. Fiinovation CEO Dr Soumitro Chakraborty and team are working on different CSR projects in different parts of the country. Fiinovation blogs provide information about the CSR activities which are implemented by companies and also address various environmental issues. We can contact Fiinovation from different social media sites like Facebook, Linkedin, Twitter etc as they give updates about their projects. Fiinovation news, Projects, articles are uploaded on their Youtube channel.

Following are the Links: Fiinovation Twitter

Fiinovation Youtube

Fiinovation Facebook

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