CSR Partnership

Corporate Social Responsibility (CSR) Partnership

The Corporate Social Responsibility (CSR) law came into effect on April 1, 2014. Within such a short period, the entire framework of CSR in India has risen to great height. Companies eligible under section 135 of the Companies Act 2013 have embraced the law and initiated a number of CSR projects across the country.

According to a survey Sixty seven per cent of domestic companies have chosen non-government organisations as partners to undertake their Corporate Social Responsibility (CSR) projects. This is happening more commonly than previously imagined. SPT can actually work with companies to help implement their CSR initiatives. SPT can help companies in many issues ranging from different thematic areas of working. SPT also tend to be transparent about their funding which gives them more credibility. In several instances they offer companies insights into their research and also help in tailoring better CSR policies that ensures sustainability. It will require bold leadership, effective planning and a clear focus on delivering, measuring and communicating the economic, social and environmental impacts of cross-sector partnership if full potential is to be realised.