Fiinovation Okhla: Why companies practice Corporate Social Responsibility

 

We all live in a Globalised world where the government sector and private sector intermingle with each other and interdependent too. Every year the global world faces problems in social, economic and environmental issues which are part of the Sustainability sector. Sustainable development goals help to maintain balance in social, economic, and environmental sustainability. There are a total 17 goals that come under the sustainable development goals such as No poverty, zero hunger, good health and well being, quality education, gender equality, clean water and sanitation, affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, reduced inequality, sustainable cities and communities, responsible consumption and production, climate action, life below water, life on land, peace and justice strong institutions, and partnerships to achieve the goals. Transforming a business completely sustainable may not be feasible for many. However, a mixture of CSR and sustainability can definitely deliver a measurable impact.

Innovative financial Advisors pvt. Ltd. (Fiinovation) provides its services to both civil society organizations (CSOs) and corporations in carrying out fiinovation projects, field research studies, forging alliances, designing CSR policy of corporations. 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 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 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.

Although definitions of Corporate Social Responsibility (CSR) vary, it is generally understood to be a 

mechanism whereby companies take responsibility for the impacts of their decisions and practices by holding themselves to a set of ethical, social and ecological standards - with the aim of contributing towards the health, welfare and sustainable development of society. Over the past few decades, expectations on corporate behaviour have continued to rise alongside greater public awareness around human rights, environmental protection and other issues. In recent studies have shown that a majority of consumers will choose to spend more money on a product from a ‘sustainable’ brand. Businesses seen as responsible also benefit from greater employee productivity and retention. So savvy companies have sought to protect their corporate image, seeing the direct impact it can have on relationships with investors, employees, and customers. Demands for Corporate social responsibility are Increased Pressure from Consumers, Pressure from Shareholders and Investors, Supply-Chain Pressure, etc and the common approaches for corporate social responsibility are Corporate Philanthropy, Cause-Related Marketing, Sustainability, Social Entrepreneurship and Social Enterprise, Social Marketing, etc. While aiming long-term business growth, integrating sustainability into business processes enables an organization to mitigate future risks and adopt scientific processes. A sustainable strategy enables environmental principles and socially responsible behaviour for all business decisions and is a central theme of a successful business.

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 authenticity, reliability, and credibility of the data, facts, and figures that they gather and disseminate through primary and secondary research, excellent quality of the actionable reports which is intended to provide absolute and detailed insight into the markets, products, competition and the overall perspective at an affordable price, confidentiality for all the research projects that we carry out as per the code of conduct.

In Fiinovation reviews, you can see how their clients are happy, that shows the supportive company environment, which is what every client wants. Also their company environment is too friendly, you can see their working employees reviews on Fiinovation Glassdoor. We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.

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

Fiinovation Delhi: Sustainable development Goals

Sustainable development goals mean global goals. Sustainable development goals help to maintain balance in social, economic, and environmental sustainability. There are a total 17 goals that come under the sustainable development goals. UNDP’s main goal, “Our track record working across the Goals provides us with valuable experience and proven policy expertise to ensure we all reach the targets set out in the SDGs by 2030. But we cannot do this alone. Achieving the SDGs requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations.”

Innovative financial Advisors pvt. Ltd. (Fiinovation) provides its services to both civil society organizations (CSOs) and corporations in carrying out fiinovation projects, field research studies, forging alliances, designing CSR policy of corporations. Fiinovation working on analytics, grant management, programme management, proposal research laboratory, project optimization. The main fiinovation practices are health, education, agriculture, environment and livelihood. In fiinovation blogs you can see their working strategies of fiinovation practices to solve 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.

Fiinovation CEO and Chairman - Centre for CSR and sustainability excellence Dr. Soumitro Chakraborty said, “At Fiinovation, we realise the approach towards addressing the social challenges with cost-effectiveness and time-orientation. Certainly, there is an immense growth potential in this sector, both quantitatively and qualitatively. What is important is that the commitment, even if they are minuscule, are undertaken and directed towards a positive and realistic impact which is measurable and scalable.” According to fiinovation,Sustainability is a comprehensive approach for a business that aims to create and maximize long-term economy by keeping a balance of social and environmental aspects in a longer run. Being a research-driven organisation, Fiinovation also contributes to IOD's Masterclass for Directors that has a wide spectrum of subjects such as corporate governance, sustainability, HR practices, finance, corporate social responsibility, environmental management and board effectiveness.

In Fiinovation reviews, you can see how their clients are happy, that shows the supportive company environment, which is what every client wants. You can see employee reviews on fiinovation glassdoor that shows the friendly company environment as well as experienced and hardworking employees work. We can contact Fiinovation through their social media sites like fiinovation 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 client login: Best client support management team for CSR activities

 

Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is a top CSR consultants in delhi in multiple disciplines of social development sector with emphasis on CSR and Sustainability sector. For the first time in the social development sector, Fiinovation introduces a client support module(CSM). Fiinovation projects include CSR Portfolio Management (CPM), CSR-CSO Partnership, Initiative Design & Management, Monitoring & Evaluation and Impact Assessment across verticals of health, environment, education and livelihood.Clients convenience being their main focus, they have electronically designed the MIS web-page to cut down on the traditional modes of communication, thus, easing you for the constant calling and the endless paperwork. CSM is the strategy that combines the information, systems, technologies, policies, processes and personnel of the organization with the objective to provide reliable and prompt services to the client. This module will help the client in tracking the progress of their projects at a daily level.

The CSM offers a range of services that will guarantee a valuable experience to your association with Fiinovation. “FIINO CSM” provides excellent services that are, Client support management, Mobile website, Management Information system and Detailed information security.

• Client support management: With the use of an interactive interface, the clients will be able to see the details of their projects and the details of the submissions ensuring healthy funder- implementer interaction for long term relationships.

• Mobile website: A mobile based website facilitates user friendly interaction thereby cutting down on the traditional methods of the communication.

• Management Information system: All information displayed in the CSM web-page is stored in the management information system and is regularly updated with required information keeping the CSOs absolutely secure about their content.

• Detailed information security: Every CSO is provided with a login id password which is only known to them giving them security of their content.

Fiinovation CEO and Founder Dr. Soumitro Chakraborty of Innovative Financial Advisors Pvt. Ltd. (Fiinovation), “What is important is that the commitment, even if they are minuscule, is undertaken and directed towards a positive and realistic impact which is measurable and scalable.”Fiinovation is provides excellent services which fiinovation makes more different than other csr consultants companies, such as credible, dedicated and stable communication network, 24*7 access to online support where you can drop your queries at any time of the day and the response of which would be sent to you between 24 to 36 hours, regular update on your project development, donor submission and funding process, SMS alert on every update, reducing communication gap to make the system transparent, Mobile application that facilitates user friendly and high end services. You can see more details related to CSM on the fiinovation client login section.

In Fiinovation reviews, you can see how their clients are happy, that shows the supportive company environment, which is what every client wants. You can see employee reviews on Fiinovation glassdoor that shows the friendly company environment as well as experienced and hardworking employees work. The motive of Fiinovation has been to create awareness, inspire innovative thinking and action with sustainable development at its core. Fiinovation csr is known for enhancing quality across the corporational value chain through its in-house "Proposal Design & Research Laboratory" for development and designing programmes using scientific and rational tools for implementation and research, which are more effective and result oriented. Fiinovation has successfully bridged the gap between communities and businesses.

We can contact Fiinovation through their social media sites like fiinovation 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 glassdoor: Innovative Financial Advisors Pvt. Ltd is a good CSR company

CSR is generally understood as a method through which a company achieves a balance of economic, environmental and social imperatives “Triple-Bottom-Line- Approach”, while at the same time addresses the expectations of shareholders and stakeholders. In this sense, it is important to draw a distinction between CSR, which can be a strategic business management concept, charity, sponsorships or philanthropy. CSR is a concept of focusing on Sustainable Development. CSR and Sustainability Excellence (CCSE) is Fiinovation’s non-profit foundation that aims to ensure social impact through philanthropic and CSR investments of individuals and corporates. Innovative Financial Advisors Pvt. Ltd strives to uplift individuals and communities by working in sectors like education, environment, health, sports, livelihood, and any other area of relevance and aim at inclusive growth. These all are fiinovation practices sectors that are important for Corporate social responsibility for sustainable growth of our country. Fiinovation (Innovative Financial Advisors Pvt. Ltd.), is a research based organization operating in India. Over the last eleven years, it has emerged as an integrated solution enabler in Corporate Social Responsibility (CSR) and Sustainability domain.

Fiinovation (Innovative Financial Advisors Pvt. Ltd) has created a niche for itself through its extensive work in the corporate social responsibility arena and has been helping corporations as well as civil society organizations (CSOs) engage in value based CSR initiatives by aligning the objectives of corporations with their social objectives. It has been assisting corporations on effective policy drafting and implementation design to achieve their objectives with stakeholders in their respective arenas. The motive has been to create awareness, inspire innovative thinking and action with sustainable development at its core. Fiinovation csr is known for enhancing quality across the organizational value chain through its in-house "Proposal Design & Research Laboratory" for developing and designing programmes using scientific and rational tools for research and implementation, which are more effective and result oriented. Fiinovation has successfully bridged the gap between businesses and communities. Fiinovation projects include CSR Portfolio Management (CPM), CSR-CSO Partnership, Initiative Design & Management, Monitoring & Evaluation and Impact Assessment across verticals of health, environment, education and livelihood.

While talking about every project, Fiinovation CEO and Founder Dr. Soumitro Chakraborty of Innovative Financial Advisors Pvt. Ltd. (Fiinovation), “What is important is that the commitment, even if they are minuscule, is undertaken and directed towards a positive and realistic impact which is measurable and scalable.”

You can see reviews on Fiinovation glassdoor that show the friendly company environment, which is what every employee wants. In Fiinovation reviews, you can see how their employees are happy, every fiinovation employee said, “Best company when it comes to employee culture, They handled so well in this COVID19 time that I can't think no other company done it, Good pay, increment on time,best office infrastructure I have ever noticed, No pay disparity, structured company, work life balance, Good Environment, supporting manager, leaves are never an issue, come on time and go on time, no need to extend beyond office hrs, people care about each other, etc.”

We can contact Fiinovation through their social media sites like fiinovation 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 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 CEO : Dr. Soumitro Chakraborty!!

 

Dr. Soumitro Chakraborty is the Founder and CEO of Innovative Financial Advisors Pvt. Ltd. (Fiinovation). Innovative Financial Advisors Pvt. Ltd (Fiinovation), is a leading research and advisory firm that offers mastery in the corporate social Responsibility (CSR) and supportability space. It is engaged towards improving quality over the hierarchical worth chain through development.

Fiinovation mission,”To conceptualize, develop, manage and implement result-oriented initiatives through mobilization and utilization of resources to create a positive social impact.”

Fiinovation CEO, Dr Soumitro Chakraborty said, “Being responsible in a business is not a choice anymore and we’re racing against time. We take pride in the fact that our company is a catalyst in the process. At Fiinovation, we realise the approach towards addressing the social challenges with cost-effectiveness and time-orientation. Certainly, there is an immense growth potential in this sector, both quantitatively and qualitatively. What is important is that the commitment, even if they are minuscule, are undertaken and directed towards a positive and realistic impact which is measurable and scalable.”

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 projects mainly based on Initiative Design & Management for Corporations & SME's, Initiative Implementation, Monitoring & Evaluation, CSR-CSO partnership, Impact Assessment, Development Communications, Social Return on Investment. 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. In addition, our 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. Being a research-driven organisation, Fiinovation also contributes to IOD's Masterclass for Directors that has a wide spectrum of subjects such as corporate governance, sustainability, HR practices, finance, corporate social responsibility, environmental management and board effectiveness.

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.  Fiinovation CEO awarded by Uflex, Fiinovation & Aroh awarded the Bureaucracy Today- CSR Excellence Award 2017 for Natural Resource Conservation Project, Mr. Soumitro Chakraborty – CEO, Fiinovation Awarded 'Most Admired Leader for CSR & Sustainability 2017, Europe Business Assembly Queen Victoria commemorative Medal, London, UK - 2016, CSR Leadership Award 2017' to Mr. S. Chakraborty for his contribution in CSR and Sustainability; Fiinovation with the CSR Leadership Award for ‘Best Environment Friendly Project, Awarded Best Team of the Year at World CSR Congress, Mumbai - 2015, Most Caring Company Award world CSR Congress, Mumbai - 2015, Best innovation: Product or Service Award World CSR Congress, Mumbai - 2014, Award For Best Enterprises of the year & Manager of the Year, Oxford Town Hall, Oxford, UK - 2014.

These fiinovation reviews show the friendly company environment, which is what every employee wants.You can see reviews on Fiinovation glassdoor. 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 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.

 

Fiinovation Delhi  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 - 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

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.

Energy Conservation - A corporate social responsibility

Energy is available in different forms like light, heat, thermal etc. This energy is generated from the natural resources, the use of these resources for converting into energy is increasing day by day due to industrialisation. Many manufacturing industries require more energy for their production purpose as without it they cannot produce further hence the consumption of energy is more from this sector. Unlike many rural areas in India do not have the facilities of electricity, fuel etc so they focus more on agriculture as their source of income, using raw methods of production and distribution. The consumption of energy is so much from the industries and the urban areas that it will be difficult to generate more for the future. Hence the corporates are applying different methods to conserve these energies for future use and also implementing different projects in rural areas to spread awareness about energy conservation and to make products which can work on naturally available sources. Many corporates are now investing in their CSR activities towards rural development with energy conservation products implementation as over 70% of indian pouplation lives in rural areas and many of them lack in electricity and other facilities so it becomes the responsibility of the organisations to use alternatives energy resource for their manufacturing purpose and to serve the rural areas with eco friendly energy products.

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 projects are popular in different states of india and also appreciated by many corporates over the world. Fiinovation partnered with a leading cement company for socio economic study at 12 districts spread across nine states.The study emphasises on education, finance , connectivity of electricity etc. The information about different Fiinovation CSR activities are available on their official website and also on their social media pages. Fiinovation focus helps the companies to invest and implement in the CSR activities which will benefit the society.

Around 40 % of energy is consumed by the Industries and the rest is consumed by commercial ,agricultural and other sectors.Conservation of Energy has become the main focus of many industries in this mechanical and technological era as everything we use requires large amounts of energy to produce and these products require efficient energy to work.Some organisations are now making use of renewable energy sources to minimise energy cost without affecting the quality, productivity and also to minimise environmental effects. Some industries are implementing their CSR activity of energy conservation in rural areas to help people by using products which run on renewable energy.

E.g - Dalmia Bharat and Sugar Industries Limited made use of products which work on renewable energy for the villagers to utilize it for cooking, lighting etc. They set solar panels for electricity,biogas plants for cooking which benefit 12 villages.

Many celebrities are also giving a helping hand to conserve the energy and to make renewable energy in use, like Akon an American singer started a project ‘Akon Lighting Africa’ to provide electricity for over 600million people in africa by using solar energy.

As the most of the energy is consumed by the industries in their activity like transportation , manufacturing and commercial purpose so it became the responsibility to serve the society by minimising the use of energy and implementing renewable sources for day to day work.

Fiinovation family focuses more on environmental activities and helps the company to implement their CSR activity to conserve resources and uplift the rural areas.Fiinovation CEO Dr Soumitro Chakraborty and team are working tirelessly for their CSR activities. Fiinovation News about different projects is covered by well known media channels like ANI News and Economic times. Fiinovation believes in Simplicity,Transparency and Quality with this trust many corporates are now investing in their CSR activities which will benefit the society. We can contact Fiinovation through their social media sites like Facebook,Linkedin and Twitter.

Contact through links: Fiinovation Facebook

Fiinovation Linkedin

Fiinovation Twitter

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