Webinar on Understanding CSR Impact Assessment

Introduction

In India, CSR is mandatory under the Companies Act, 2013 for companies meeting specific financial thresholds. The Ministry of Corporate Affairs (MCA) encourages companies to conduct impact assessments for large CSR projects to ensure that funds are utilized effectively. Corporate Social Responsibility (CSR) Social Impact Assessment refers to the process of evaluating the social, economic and environmental effects of a company’s CSR initiatives. It helps businesses understand how their CSR activities contribute to community development, sustainability and stakeholder well-being.

Objectives

Why is CSR Social Impact Assessment Important?

• Ensures accountability and transparency in CSR spending.
• Measures the effectiveness of CSR initiatives.
• Helps companies align CSR activities with Sustainable Development Goals(SDGs)
• Identifies areas for improvement and scaling up successful programs.

Topics covered

CSR, Stakeholder Participation, Social Impact, Social Change

Key Takeaways

Get oriented on the desired approach to CSR project design and implementation for sustained societal value creation.

Target Audience

CSR Heads, CSR Teams, NGO Partners, CSR implementing agencies, Impact Assessment Consultants, CSR professionals and consultants.

Speaker Profile

Prof. Satyajit Majumdar is a distinguished academic and practitioner with over 40 years of experience in entrepreneurship, social entrepreneurship and strategic management. A graduate in Electrical and Industrial Engineering, he holds advanced degrees in Management and a PhD and is a Fellow of the Institution of Engineers (India).

He has held key advisory roles with the Government of India, academic councils, and innovation bodies, contributing to policy, skill development, and research globally. An acclaimed researcher and speaker, he is also a ‘distinguished alumnus’ of SGSITS, Indore.

Prof. Majumdar is currently the Managing Director of TISS Incube Foundation(Incubation Centre of TISS Mumbai) and Retd. Professor, Centre for Social Entrepreneurship; and Ex- Dean of School of Management and Labor Studies, TISS Mumbai. He continues to lead programs in social entrepreneurship, growth strategy and CSR while mentoring startups and consulting organizations. He has also been appointed as Distinguished Adjunct Professor at Entrepreneurship Development Institute of India(EDI) Ahmedabad and continues to be the Co-chair of the Steering Committee on Biotechnology Based programme for Societal Development and the Secretary for Society of Entrepreneurship Educators.

Contact Details :

Ms. Shruti Rathod
Email : shruti.rathod@bombaychamber.com
Tel : 61200268