CSRBOX India CSR Outlook Report 2022 - Full Version
CSRBOX India CSR Outlook Report 2022 - Full Version
CSRBOX India CSR Outlook Report 2022 - Full Version
India CSR
Outlook Report
Full Version | November 2022
#IndiaCSRSummit
www.indiacsrsummit.in
About the Report
The India CSR Outlook Report (ICOR) is an annual research publication of CSRBOX and NGOBOX, which
presents an in-depth analysis of the CSR spend of large companies in the last financial year. The 2022
report is the 8th such annual publication in the annual series The report provides a comprehensive analysis
of the CSR spend of 301 large companies in FY 2021-22 and visualizes a few important curves of the CSR
landscape in India. The 301 companies, selected in this report, were short-listed based on the following
criteria:
Key Insights
CSR in Numbers (FY 2021-22):
301
Number of
Companies
INR 40 Cr. 23
Average Number of
Prescribed CSR Public Sector
per Company Undertakings
(in INR Cr.) (PSUs)
2
Highlights of the Report
1
2
About 37.87% of the companies
Reliance Industries, HDFC Bank, Tata have spent more than their
Consultancy Services, ONGC and Tata Prescribed CSR Budget for the
Steel emerge as the top 5 companies, year.
basis the Actual CSR Spent in India.
These five companies account for more 3
than 1/4th of total CSR spending.
Public sector undertakings
accounted for 26.23% of total
4 CSR spend for the financial
year.
Oil Drilling Lubricants &
Petrochemicals, Banking & Finance and 5
Computer Software & IT Sector
companies jointly share more than
50% of India’s total CSR fund. Around 43.5% of the
companies are headquartered
in Maharashtra, followed by
9.97% in Karnataka and 9.3%
6 in Delhi.
8
9
Nearly 47.3% of the CSR project
has been executed by Around 2.4% of the Actual
Implementing agencies. CSR Spent was allocated for
Northeast region.
10
3
Actual to Prescribed CSR (Percentage of Companies)
29%
38% More than Prescribed CSR Budget
Exactly as Prescribed CSR Budget
Less than Prescribed CSR Budget
33%
Out of the 301 companies included in the study, 37.87% spent more than their prescribed CSR budget,
32.89% spent the same amount as the prescribed CSR requirement, and 29.24% of companies spent less
than the prescribed budget.
Prescribed and Actual CSR Trends Analysis (Last 4 Financial Years) * (in Cr.)
14,000
12,119 12,260 11,660 12,182 11,564
12,000
10,595
9548 9542
10,000
8000
6000
4000
2000
0
2021-22 2020-21 2019-20 2018-19
Prescribed Actual
As evident from the analysis, it was observed that in FY 2021-22 the net difference in Actual CSR spent to
the prescribed CSR decreased with respect to the last two years. Moreover, as per the trend, there has been
an overall increase in prescribed CSR when compared to the last years.
*NOTE -The CSR trend covers CSR fund of these 301 companies or
4 90% of the same set of companies with reference to previous reports.
Type of Companies and CSR Expenditure
Type of Companies No. of Companies No. of Projects Prescribed CSR Actual CSR Spent
(in INR Cr.) (in INR Cr.)
8%
26%
74%
92%
54.15%
45.85%
5
As evident from the analysis, it was observed that in FY 2021-22 the net difference in Actual CSR spent to
the prescribed CSR decreased with respect to the last two years. Moreover, as per the trend, there has been
an overall increase in prescribed CSR when compared to the last years.
Others 15
Uttar Pradesh 10
Gujarat 14
West Bengal 18
Telangana 18
Tamil Nadu 18
Haryana 19
Delhi 28
Karnataka 30
Maharashtra 131
No. of Companies
Maharashtra has a total of 131 companies headquartered in the state, followed by Karnataka and Delhi,
having Headquarters of 30 and 28 companies, respectively
6
Companies going beyond the CSR Compliance
The table below represents the top 10 companies that have gone beyond their Prescribed CSR Amount for
this financial year in terms of the percentage of the compliance.
Top 10 Companies Exceeding their Prescribed CSR (in terms of % Actual CSR Spent)
The above list is in descending order of their percentage spent beyond their prescribed amount. MOIL
Limited has spent 388.76% of the prescribed amount under CSR, followed by Vedanta Limited and
Kudremukh Iron Ore Company Limited with 368.32% and 305.68% respectively.
7
The below diagram shows that Tata Steel Ltd. has spent around INR 139.4 Cr. more than the prescribed for
FY 21-22, followed by National Mineral Development Corporation Limited and Vedanta Limited with
excess spending of INR 139 Cr. and INR 100.62 Cr. respectively.
Fig. 7 Top Companies Exceeding their Prescribed CSR (in terms of Amount Spent in INR Cr.)
MOIL Limited 8 33
Actual CSR Spent (in INR Cr.) Prescribed CSR (in INR Cr.)
8
Top 10 Companies with Prescribed CSR Amount
Fig. 8 Top 10 Companies with Actual CSR Amount Spent (in INR Cr.)
Actual CSR Spent (in INR Cr.) Prescribed CSR (in INR Cr.)
9
Clarification of Unspent CSR Fund in FY 2021-22
In FY 21-22, there are 86 companies with unspent CSR funds. They gave the following reasons for their
decision:
9%
17%
Identifying partners & projects
Long term projects
Budget sanctioned, project will begin next year
21% 41% Reason not mentioned
Others
12%
Others 15 17.44 %
10
Companies in Different Business Sectors
Textiles 14 4.65%
10 74%
3.32%
Oil Drilling Lubricants and Petrochemicals
Cement 7 2.33%
4 74%
1.33%
Media and Entertainment
Tyres 4 1.33%
Miscellaneous 48 15.95%
Of 301 companies under the research, around 16% fall under the miscellaneous sector consisting of
Diversified, Paper, Breweries & Distilleries, Shipping, etc. Following it are Banking and Finance; and
Healthcare & Pharmaceuticals, which have a representation of around 15% and 9%, respectively.
11
Business Sector-wise shares in Actual CSR Spent in FY 2021-22 (in INR Cr.)
While the sectoral representation by number of companies is comparably uniform, their CSR contribution is
highly uneven. The top three sectors contributing more than 50% of CSR Spent in India Petrochemicals; and
Computer Software and IT with 20%, 17%, and 15%, respectively.
215.4 74%1.76%
Chemicals Pesticides and Fertilizers
12
Fig. 10 Business Sector-wise share in Actual CSR Spent in FY 2021-22 (in INR Cr.)
1% 1% 1%
1% 1% Oil Drilling Lubricants and Petrochemicals
1% 2%
2% Banking and Finance
Computer Software and IT
16% Metals Minings and Mineral
4%
Miscellaneous
4% Power and Heavy Engineering
Auto and Auto Ancillaries
4% Healthcare and Pharmaceuticals
Consumer Goods
20%
7% Chemicals, Pesticides and Fertilizers
Construction, Contracting and Infrastructure
Cement
8% Cables and Telecommunications
Food Processing and Beverages
14% Media and Entertainment
13%
Tyres
Textiles
13
Business Sector-wise CSR Fund in FY 2021-22 (in INR Cr.)
14
State-wise CSR Spent in FY 2021-22
LADAKH 0.28%
0.27% JAMMU
& KASHMIR
1.19% 0.17%
2.52% 1.41%
NAGALAND
0.20% 0.17%
4.2% TRIPURA MIZORAM
0.16% 0.16%
1.68%
6.51%
11.53% 1.62%
GOA 2.03%
0.29%
2.34%
5.41%
1.51%
26.98%
3.93%
Pan- India Projects
15
Regional Distribution of CSR Fund
19.61%
3.58%
2.44%
16.09% 11.91%
15.32% 26.98%
Pan- India Projects
16
Number of Projects in Large Cities of India
Out of total 7480 projects implemented , the number of projects implemented in the major cities of India
are given here.
Bangalore 151
Chennai 288
Delhi 297
Pune 338
Mumbai 484
17
Top 5 Companies (with respect to number of projects) in Top 3 States/UT
Maharashtra
Odisha
74%
S.No Name of Company Number of Projects in Odisha
Delhi
74%
S.No Name of Company Number of Projects in Delhi
18
Thematic Distribution of CSR in FY 2021-22
19
Technology incubators within 21 14 24.3 0.19%
academic institutions
As reported by the companies, approximately 1.6% of the total CSR spent is allocated to admin expenses.
2%
1%
2%
2% 5%
4%
7% 36%
7%
9%
25%
Education & Skill Sector Projects Number of Projects Implemented Actual CSR Spent (in INR Cr.)
Among CSR spent in Education and Skill sector, EdTech received around 4% (more than INR 507 Cr. ) of the
Actual CSR spent in FY 21-22.
21
Thematic Areas & Cumulative CSR Spent Between FY 2019-2022 (in INR Cr.)
Gender Equality,
Women
Empowerment,
Senior Citizens and 244.03 105.41 167.98 1.93% 0.87% 1.45%
Economically
Backward Groups
Others (Including
disaster relief and
management &
contributions to public 1143.95 392.53 1045.18 9.05% 3.22% 9.04%
funded Universities, IITs,
National Laboratories
and autonomous
bodies)
22
Fig. 15 Thematic Areas & Cumulative CSR Spent Trend for Last 3 Years (in INR Cr.)
3222.47
Povert Alleviation, Healthcare and WASH 4406.99
4532.31
3631.82
Education and Skills 3082.37
3196.7
1203.9
Rural Development 1054.07
1123.38
668.56
Environment Sustainability 571.93
879.3
1053.7
PM National Relief and Other Funds 2009.06
867.1
180.1
Rural Sports and Paralympics 154.56
177.32
109.89
Protection of National Heritage, Art and Culture 135.62
91.05
20.42
Slum Area Development 2.37
86.69
23.92
Technology Incubators within Academic 31.37
Institutions 24.3
36.13
Benefits to Armed Forces Veterans, War Widows 21.86
22.18
FY 2019-20 (in INR Cr.) FY 2020-21 (in INR Cr.) FY 2021-22 (in INR Cr.)
23
Fig. 16 Trend Analysis Of Last 5 Years of Percentage of Total CSR Funds allocated
to Large Thematic Areas
40.0%
37.3%
36.2% 35.87%
34.4%
35.0%
31.4%
29.5%
30.0% 28.5%
27.9%
25.3% 25.3%
25.0%
20.0%
16.5%
15.0%
12.0% 15.8%
10.4%
10.0% 11.5% 8.7% 8.9%
9.8% 9.1%
4.7% 7.0%
5.0% 6.9%
5.8%
1.7% 0.4%
0.0%
% of CSR Fund Spent in % of CSR Fund Spent in % of CSR Fund Spent in % of CSR Fund Spent in % of CSR Fund Spent in
FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
24
Top 5 Companies (with respect to number of Projects) in Top 3 Thematic Areas
in FY 21-22
Poverty Alleviation, Healthcare and WASH
Rural Development
25
SDG-specific CSR Contributions in FY 21-22
1% 1%
1% 6%
1% 2% 2% 8%
6%
2%
4%
34%
5%
1%
3%
2%
22%
26
SDGs Number of Number of Amount Spent % of Amount Spent
Companies Projects in Thematic Area in SDG to Total
Implemented (in INR Cr.) Actual CSR Spent
27
Top 5 Companies (with respect to number of Projects) in Top 3 SDGs
SDG 1. No Poverty
28
Mode of Project Implementation
21%
29
Out of total 7480 projects, 2223 projects are directly implemented by Companies and 1238 projects are
implemented by CSR Foundation. The detail theme wise distribution (for Top 10 thematic areas) of number
of projects is given below:
32 24
50 34
63 40
78 16
55
130
57 395
175
938
121
244
124
466
346
Eradicating hunger, poverty and malnutrition, promoting health care, sanitation & safe drinking water
Promotion of education, special education and vocational skills
Ensuring environmental sustainability, ecological balance, wildlife & natural resources conservation.
Rural development projects
Disaster management, including relief, rehabilitation and reconstruction activities.
Others
Gender Equality, Women empowerment , senior citizens and economically backward groups
Protection of National Heritage, art and culture
Training to stimulate rural sports, nationally recognized sports, Paralympic sports and Olympic sports.
Contribution to the Prime Minister’s National Relief Fund, (PM-CARES) or any other funds setup by
the Central Govt. for socio economic development & welfare of SC/ST/OBC
**Projects with Others Category include projects for categories - Slum area development, Technology incubators
within academic institutions, Employee Volunteering, Corpus Fund, Benefits to armed forces veterans, war
widows, Admin Expense, Contributions to public funded Universities, IITs, National Laboratories and autonomous
bodies and Contribution to the Prime Minister’s National Relief Fund.
30
Target groups addressed through CSR projects in FY 21-22
Fig. 20 Number of Project Implemented Focusing on Different Target Groups
Third Gender 2
Migrant Workers 31
Frontline Workers- Medical Professionals 36
Animal Welfare 59
Frontline Workers- Govt. Staff (Non-Medical) 62
Adolescent Girl 67
Elderly Care 68
Tribal and Economically Backward Section 103
Farmers 124
PwD 159
Women 342
Youth 586
COVID-19 Affected 910
Children 1259
General 3919
0 1000 2000 3000 4000 5000
31
About CSRBOX
CSRBOX is India’s leading CSR knowledge and impact intelligence-driven platform that supports and
assists mission-driven organizations and philanthropists in achieving breakthrough impact. We acquaint
them with communities’ challenges, opportunities, and needs, followed by finding and implementing the
most impactful solutions to community problems.
Our young team of in-house social sector thematic experts, data analysts, and researchers understand the
community needs that fall within several thematic areas; they identify target groups, do depth research
and structured interviews on the field and paint a comprehensive picture that helps create and implement
solutions.
Harnessing our years of experience and understanding of the Indian development sector and beyond, we
have planned and accomplished several projects with major companies. Our major work involves impact
assessments, due diligence of NGO partners, designing CSR policy and strategies, employee volunteering,
SROI, and programme implementation.
Needs Assessment
Social Return on and Landscape
Investment (SROI) Studies
Baseline Studies
framework and Community
design, training Aspiration-mapping
and execution
Impact NGOs
Assessment Due-diligence
CSR project
ideation and
Midline and concept framework
End-line Studies for need-based
projects
Project
Monitoring and
Evaluation
32
About NGOBOX
NGOBOX is a venture of Renalysis Consultants Pvt. Ltd that betters the resource mobilization processes of
CSR foundations, NGOs, and social enterprises by providing them with well-researched knowledge and
skills. Development practitioners worldwide count on us for the relevant tools and techniques useful for
their growth and sustainability.
From online outreach services to recruitment support services, we have partnered with various organiza-
tions in India. We help companies and CSR foundations to identify credible CSR implementing agencies
based on thematic and geographic priorities. Our treasure is the database of over 100000+ non-profits,
CSR Teams, and social enterprises, making us the development sector platform leader.
We have been hosting India CSR Summit & Exhibition' (India's largest CSR event) for the past eight years.
This year, the 9th edition of the Summit will be held on the 15th and 16th of November, 2022, at Hotel
Pullman, New Delhi. The Summit is expected to have 2500+ delegates, including 500-600 corporate CSR
heads and 1400-1500 non-profits.
8th CSR Impact Awards 2022: The CSR Impact Awards is an initiative of CSRBOX to encourage companies,
CSR foundations, and CSR implementing partners to deliver high impacts through CSR projects and adopt
a multi-stakeholder approach leading to excellence in project impacts. The Awards seek to appreciate and
recognize project-specific impacts made by the organizations in particular thematic areas.
About BharatCares
BharatCares, a not-for-profit organization, is the social impact arm of CSRBOX. Our sustainable and holistic
interventions in Education, Healthcare, Livelihood, Skill Development, WASH, and Environment benefit
underprivileged communities in hundreds of remote villages and urban slums across 14 states of India.
We have more than 26 welfare projects being implemented at the grass-roots level, helping thousands of
people live a life of dignity. Our programs are based on demographic needs assessment and are co-de-
signed with communities to ensure the interventions' equity, acceptance, and sustainability. We call it a
social impact experience canvas.
We have been implementing CSR projects for corporates, such as IBM, Diageo, Cadila Pharma, Arvind Ltd,
Airbus, PNB Housing Finance, and DCM Shriram, among others.
To deep dive more into what we do, visit our website www.bharatcares.org
33
Notes
Notes
Contact Us At
Mr. Bhomik Shah Ms. Shilpi Jain
Founder & CEO, CSRBOX Lead - Strategic Initiatives
[email protected] [email protected]
[email protected] [email protected]
Office:
CSRBOX & NGOBOX, 806-808, Shivalik Satyamev,
Bopal Road, Bopal, Ahmedabad, Gujarat, 380058