About the Report - CSR Projects India, Companies and CSR ... Prescribed CSR 19-20...

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Transcript of About the Report - CSR Projects India, Companies and CSR ... Prescribed CSR 19-20...

A publication by CSRBOX 1

About the Report

At CSRBOX & NGOBOX, we have been analysing various trends in CSR among listed companies and private/unlisted companies since 2015. We have published various reports on CSR analysis at the national and regional levels, theme-wise interventions and trends on CSR spend in past 4 years. Our research team brings out annual report on estimated prescribed CSR spend of companies every financial year, to give insights about emerging trends, changes in CSR-fund availability with companies and scale of projects in current financial year. This report presents estimated prescribed CSR of companies in current financial year (2019-20).

As per the Section 135 of the Companies Act 2013, we tried to look at overall CSR landscape for the financial year 2019-20 by estimating the prescribed CSR of 500 large companies. We identified 500 large listed companies (either BSE or NSE or both) with INR 1 Cr. and above estimated prescribed CSR and tried to analyse the data.

Key Highlights

• Large 500 listed companies will spend about INR 13400 Cr on CSR, to comply with the CSR rules.

• Overall prescribed CSR for all listed and unlisted companies will be in the range of INR 16500-18000 Cr.

• Top 10 Companies will contribute almost 1/5th of the total CSR Fund. • 30 companies will spend over INR 100 Cr. each on CSR projects, while 25 companies will

spend between INR 50-100 Cr. on CSR projects. • Almost 115 companies will spend between INR 10-50 Cr. on CSR projects. • Banking and finance sector companies will contribute almost 1/5th of the total CSR fund

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The Numbers

No. of Companies 500

Estimated Prescribed CSR in FY 2019-20 (In INR Cr.) 13,405

Prescribed in FY 2018-19 (in Cr.) 12,079

Change from previous year +10.97%

Overall CSR fund in India in FY 19-20* (INR Cr.) 17500

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Industry Sector-wise Companies in the Report

20%

13%

11%

8%7%

7%

6%

6%

6%

5%

4%3%

2% 2%

No. of Companies

Miscellaneous Banking and FinanceMetals, Minings & Mineral Construction, Contracting & InfrastructureAuto and Auto Ancillaries Healthcare & PharmaceuticalsChemicals, Pesticides & Fertilizers TextilesComputer Software / IT Power and Heavy EngineeringOil, Drilling, Lubricants & Petrochemicals Consumer GoodsCement Cables & Telecommunications

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Industry Sector-wise Estimated Prescribed CSR

(in INR Cr.)

11%

19%

10%

3%6%3%

2%1%

13%

6%

22%

2%

1% 1%

Estimated Prescribed CSR in FY 19-20

Miscellaneous Banking and FinanceMetals, Minings & Mineral Construction, Contracting & InfrastructureAuto and Auto Ancillaries Healthcare & PharmaceuticalsChemicals, Pesticides & Fertilizers TextilesComputer Software / IT Power and Heavy EngineeringOil, Drilling, Lubricants & Petrochemicals Consumer GoodsCement Cables & Telecommunications

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Prescribed CSR Range

6%5%

23%

66%

No. of Companies

Companies with more than INR100 Cr.Companies with INR 50-100 Cr.

Companies with INR 10-50 Cr.

Companies with up to INR 10Cr.

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Top 10 Companies with Prescribed CSR

Company Estimated Prescribed

CSR (INR Cr.)*2019-20 Change from Previous FY

Reliance Industries Ltd 892.46 9%

Tata Consultancy Services Ltd 684.68 12%

ONGC Ltd 627.08 21%

Indian Oil Corporation Ltd 560.08 11%

HDFC Bank Ltd 540.24 20%

Infosys Ltd 391.82 4%

ITC Ltd 338.65 9%

Housing Development Finance Corporation Ltd

260.72 8%

NTPC Ltd 247.09 6%

Coal India Ltd 229.25 -15%

*Disclaimer: The estimated prescribed CSR data mentioned in this report is based on financial statements of companies available as on 15th June 2019. The estimated number does not discount off the profit from overseas business to estimate the exact data, hence users need to keep this fact in mind while using the data for any research, analysis or outreach purpose. Renalysis Consultants Pvt. Ltd. does not take the responsibility of authenticity of the data as the data has been derived on the basis of available reports in public domain. Users are advised to cross-check the data from the parent company’s website for any specific purpose or use.

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About NGOBOX

NGOBOX (a venture of Renalysis Consultants Pvt Ltd) is a development communication platform helping companies, CSR foundations, NGOs and social enterprises to network, communicate and find resources online and offline.

We are a leading CSR research platform in the country with over 70 data-reports on CSR in India. We help companies and CSR foundations to identify credible CSR implementing agencies based on thematic and geographic priorities. With the verified database of over 95000+ non-profits, CSR Teams and social enterprises, we present immense opportunities for organizations to promote their products/services with one-click promotion and outreach. To know more about us, please visit www.ngobox.org

About CSRBOX

CSRBOX is India's largest Corporate Social Responsibility (CSR) analytics and partnerships platform. It lists CSR portfolio of 1000 + companies falling under the ambit of mandatory CSR and investing altogether more than INR 10,000 Cr. on CSR projects each year. The platform takes the engagement with organizations a step higher, where not-for-profits and social enterprises are provided support and outreach services to help them connect with businesses that are looking for good CSR implementation partners. The symbiotic partnerships service also focuses on facilitating business-business (B2B) collaboration for larger CSR projects that ultimately helps in reducing the duplication of efforts by various agencies. Broadly, it's a combination of online and offline support services to businesses, CSR services providers and CSR implementation partners to actualize CSR partnerships.

For more information, please visit www.csrbox.org

India CSR Summit & Exhibition 2019

India CSR Summit & Exhibition is an annual event curated and hosted by NGOBOX & CSRBOX. The event is the largest CSR forum in India bringing together companies, CSR foundations, government agencies, non-profits, impact investors, tech-innovators, social businesses and advisory firms to network, collaborate and scale up initiatives in development and impact sector. The event also witnesses annual ‘CSR Impact Awards’ for best of CSR projects in various thematic areas. Beginning in New Delhi 2014, the event has been hosted in Bengaluru, Mumbai, Gurugram and New Delhi in 2015, 2016, 2017 and 2018 respectively.

The 2019 event is taking place at Hotel Pullman and Novotel, Aerocity, New Delhi on 23th-24th September. For more information, please visit www.indiacsrsummit.in

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6th Dalmia Bharat-CSRBOX CSR Impact Awards 2019

The CSR Impact Awards is an initiative of Dalmia Bharat Ltd and CSRBOX to encourage companies, CSR foundations and CSR implementing agencies to deliver high impacts through CSR projects and adopt multi-stakeholder approach, leading to excellence in project outcomes.

This initiative focuses on identifying high impact CSR projects in 14 categories at Pan-India level. The Awards seek to appreciate project specific impacts made by the organizations in particular thematic areas, to set benchmark in projects planning, identification of partners and delivery of results.

The Awards are presented in a gala ceremony during India CSR Summit & Exhibition every year. The evaluation process involves third party review by IFMR Lead, IMT Ghaziabad and IIHMR University, followed by the grand jury of domain experts from think-tanks, advisory firms, bilateral and multi-lateral organizations, businesses and social sector experts.

For more information, please visit https://www.indiacsrsummit.in/about_awards.php

Tech for Impact Asia 2019

Technology has the power to create innovative, affordable and scalable solutions for global development problems like education, health, sustainability, disability, poverty and climate change. We are in an era where pace of technology advancement and adoption of solutions happens at much faster pace than ever. How do we use these innovations to solve real challenges in development sector and how do we create an ecosystem of collaborations for tech entrepreneurs, impact investors, social workers, researchers and grass-root foot soldiers like community workers?

We, as the largest impact sector platforms NGOBOX and CSRBOX in South Asia Region, are hosting 1st Tech for Impact Asia 2019 summit on 23rd-24th Sept. 2019 at Hotel Pullman & Novotel in New Delhi (India). We have Accelerating Growth of New India’s Innovations (AGNIi) under Invest India as the Co-Host of the Summit.

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We have SINE-IIT Bombay, IIT Madras, SIDBI Innovation and Incubation Centre-IIT Kanpur and Villgro as 'Ecosystem Partners' and a-Idea-NAARM as 'Ecosystem Partner-Agriculture'.

The summit brings together big tech companies, innovators, social businesses, impact investors, incubators, start-ups, philanthropic organisations and non-profits from all over Asia and other regions at one platform to explore synergies and collaborations, co-create solutions and share learning and experiences for better tomorrow. The Summit is a mix of conference, talks, exhibitions, town hall, product demos and open forums.

For more information, please visit http://techforimpact.net/

Contact Us

Shilpi Jain, [email protected] +91-9560352170

Bhomik Shah, [email protected]

Corporate Office: (NGOBOX and CSRBOX) B-1005, Titanium Heights, Opp. Vodafone House, Corporate Road Near Prahalad Nagar, Ahmedabad – 380051 Gujarat, India © NGOBOX & CSRBOX