CSRBOX India CSR Outlook Report 2022 - Full Version

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2022

India CSR
Outlook Report
Full Version | November 2022
#IndiaCSRSummit

CSR Analysis of Large


301 Listed Companies
(FY 2021-22)

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:

INR 1 Cr. or above prescribed CSR in FY 2021-22


Listed on BSE and/or NSE or PSU
Availability of the CSR data by 15th September 2022 and disclosures as per Section 135 of the Companies
Act.

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)

INR12260 Cr. 7480


Total Actual CSR Number of
Spent in FY Projects
21-22 Implemented
INR
12119 Cr.
Total Prescribed
CSR Budget in FY 21-22

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.

SDG 3 (Good Health and Well-being),


SDG 4 (Quality Education), and SDG 1 7
(No Poverty) emerged as the focused
SDGs that together received 65% of Maharashtra, Odisha and
India’s total CSR fund. Delhi received nearly 1/4th
of India's total CSR fund.

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

Around 5% of the Actual CSR Spent


was allocated for Aspirational
Districts.

3
Actual to Prescribed CSR (Percentage of Companies)

Fig. 1 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.)

Fig. 2 CSR Trends Analysis (in INR 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.)

BSE/NSE Listed 278 5874 9082.25 9042.8


(Excluding PSUs)

PSUs 23 1606 3036.67 3217.65

Fig. 3 Percentage of Companies’ Type Fig. 4 Actual CSR Spent Contribution

8%
26%

74%
92%

BSE/NSE Listed (Excluding PSUs) BSE/NSE Listed (Excluding PSUs)


PSUs PSUs

Companies with CSR Foundation- Percentage of Number of Companies


Companies with CSR Foundation: 138 companies
Companies without CSR Foundation: 163 companies

Fig. 5 Percentage of Companies with CSR Foundation

54.15%

45.85%

Companies with CSR Foundation Companies without CSR Foundation

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.

Fig. 6 Companies and their Headquater State

Others 15

Uttar Pradesh 10

Gujarat 14

West Bengal 18

Telangana 18

Tamil Nadu 18

Haryana 19

Delhi 28

Karnataka 30

Maharashtra 131

0 20 40 60 80 100 120 140

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)

S.No Name of Company Actual to Prescribed CSR Actual CSR


Prescribed (%) (in INR Cr.) Spent (in INR Cr.)
1 MOIL Limited 388.76% 8.54 33.2
2 Vedanta Limited 368.32% 37.5 138.12
3 Kudremukh Iron Ore Company Limited 305.68% 4.39 13.41

4 UPL Limited 290.57% 9.33 27.11

5 Balmer Lawrie & Co. Ltd. 237.64% 4.41 10.48


6 United Spirits Limited 235.65% 7.49 17.65

7 Apollo Hospitals Enterprise Limited 195.37% 8.312 16.24

8 National Mineral Development 193.95% 148.15 287.33


Corporation Limited

9 Automotive Axles Limited 193.22% 1.87 3.62


74%
10 Sobha Limited 190.72% 6.32 12.05

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.)

Tata Steel Limited 405


266
287
National Mineral Development Corporation Limited 148
138
Vedanta Limited 37
813
Reliance Industries Limited 737
356
NTPC Limited 281
204
GAIL India Limited 130

Mahanadi Coalfields Limited 251


181
221
Wipro Limited 183
64
Ambuja Cement Limited 36

MOIL Limited 8 33

0 100 200 300 400 500 600 700 800 900

Actual CSR Spent (in INR Cr.) Prescribed CSR (in INR Cr.)

8
Top 10 Companies with Prescribed CSR Amount

S.No Name of Company Prescribed CSR (in INR Cr.)


1 Reliance Industries Limited 737
2 HDFC Bank Limited 733.86
3 Tata Consultancy Services Limited 716

4 Oil And Natural Gas Corporation Limited 436.02

5 Infosys Limited 396.7


6 ITC Limited 354.27

7 Indian Oil Corporation Limited 323.14

8 NTPC Limited 281.8

9 Tata Steel limited 266.57


10 ICICI Bank Limited 74%
261.73

Fig. 8 Top 10 Companies with Actual CSR Amount Spent (in INR Cr.)

Reliance Industries Limited 813


737

HDFC Bank Limited 736


734

Tata Consultancy Services Limited 727


716
Oil and Natural Gas 458
Corporation Limited 436
406
Tata Steel Limited 266

NTPC Limited 357


282
ITC Limited 355
354
345
Infosys Limited 397

Indian Oil Corporation Limited 298


323
National Mineral Development 287
Corporation Limited 148

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:

Fig. 9 Clarification for Unspent CSR Fund

9%
17%
Identifying partners & projects
Long term projects
Budget sanctioned, project will begin next year
21% 41% Reason not mentioned
Others

12%

Unspent Reason No. of Companies Percentage of Companies

Identifying partners & projects 8 9.30 %


Long term projects 35 40.7 %
Budget sanctioned; project will begin next year 10 11.63 %

Reason not Mentioned 18 20.93 %

Others 15 17.44 %

10
Companies in Different Business Sectors

Business Sector Number of Companies Percentage of Companies

Banking and Finance 45 14.95%


Healthcare and Pharmaceuticals 26 8.64%
Consumer Goods 24 7.97%

Power and Heavy Engineering 21 6.98%

Auto and Auto Ancillaries 20 6.64%


Metals Mining’s and Mineral 19 6.31%

Chemicals Pesticides and Fertilizers 19 6.31%

Computer Software and IT 17 5.65%

Textiles 14 4.65%

10 74%
3.32%
Oil Drilling Lubricants and Petrochemicals

Construction Contracting and Infrastructure 8 2.66%

Food Processing and Beverages 8 2.66%

Cement 7 2.33%

Cables and Telecommunications 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.

Business Sector Actual CSR fund spent by % Share in Total


the sector (in INR Cr.) CSR Spent
Banking and Finance 2441.49 19.91%
Oil Drilling Lubricants and Petrochemicals 2047.87 16.7%
Computer Software and IT 1811.52 14.78%

Metals Mining’s and Mineral 1618.31 13.2%

Miscellaneous 1049.66 8.56%


Power and Heavy Engineering 914.27 7.46%

Auto and Auto Ancillaries 538.49 4.39%

Healthcare and Pharmaceuticals 435.06 3.55%

Consumer Goods 424.12 3.46%

215.4 74%1.76%
Chemicals Pesticides and Fertilizers

Construction Contracting and Infrastructure 178.93 1.46%

Cement 251.6 2.05%

Cables and Telecommunications 76.03 0.62%

Food Processing and Beverages 90.26 0.74%

Media and Entertainment 47.13 0.38%

Tyres 68.2 0.56%

Textiles 52.11 0.43%

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.)

Business Sector Number of Companies Prescribed CSR Actual CSR


(in INR Cr.) Spent (in INR Cr.)
Banking and Finance 45 2693.37 2441.49
Oil Drilling Lubricants and 10 2010.91 2047.87
Petrochemicals
Computer Software and IT 17 1835.74 1811.52
Metals Mining’s and Mineral 19 1139.88 1618.31

Miscellaneous 48 1038.51 1049.66


Power and Heavy Engineering 21 901.85 914.27

Auto and Auto Ancillaries 20 620.54 538.49

Healthcare and Pharmaceuticals 26 483.16 435.06

Consumer Goods 24 426.4 424.12

Cement 7 215.93 251.6

Chemicals Pesticides and Fertilizers 19 201.68 215.4

Construction Contracting and 8 171.35 178.93


Infrastructure
Food Processing and Beverages 8 94.93 90.26

Cables and Telecommunications 7 98.98 76.03

Tyres 4 83.11 68.2


Textiles 14 55.8 52.11

Media and Entertainment 4 46.8 47.13

14
State-wise CSR Spent in FY 2021-22

Fig. 11 State-wise CSR Spent

LADAKH 0.28%
0.27% JAMMU
& KASHMIR

0.87% HIMACHAL 1.29%


PRADESH
1.58%
2.31% PUNJAB
0.06%
3.62% ARUNACHAL
5.61% & NCR PRADESH
1.94% SIKKIM

1.19% 0.17%
2.52% 1.41%
NAGALAND

3.70% BIHAR MEGHALAYA


0.11%
MANIPUR

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

Not Mentioned: 4.08%

15
Regional Distribution of CSR Fund

Fig. 12 Regional Distribution of CSR Fund

19.61%

3.58%

2.44%

16.09% 11.91%

15.32% 26.98%
Pan- India Projects

Not Mentioned: 4.08%

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.

Fig. 13 Number of Projects in Large Cities of India

Bangalore 151

Chennai 288

Delhi 297

Pune 338

Mumbai 484

0 100 200 300 400 500 600

17
Top 5 Companies (with respect to number of projects) in Top 3 States/UT
Maharashtra

S.No Name of Company Number of Projects in Maharashtra

1 Mahindra & Mahindra Limited 72


2 HDFC Bank Limited 60
3 Kansai Nerolac Paints Limited 46
4 Finolex Industries Limited 40

5 Crompton Greaves Consumer Electricals Limited 38


5 Mahindra & Mahindra Financial Services Limited 38
5 Persistent Systems Limited 38

Odisha

74%
S.No Name of Company Number of Projects in Odisha

1 Mahanadi Coalfields Limited 359


2 Vedanta Limited 30
3 Power Grid Corporation of India Limited 26
4 HDFC Bank Limited 23

5 Nava Bharat Ventures Limited 16

Delhi

74%
S.No Name of Company Number of Projects in Delhi

1 Oil And Natural Gas Corporation Limited 30


2 Indraprastha Gas Limited 23
3 GAIL India Limited 13
4 NTPC Limited 10
4 Info Edge (India) Limited 10
4 Petronet LNG Limited 10
4 Gujarat State Petronet Limited 10
5 Housing Development Finance Corporation Limited 9
5 KEI Industries Limited 9

18
Thematic Distribution of CSR in FY 2021-22

Thematic Distribution Number Number of Amount Spent Percentage of


of CSR in FY 2021-22 of Projects in FY 2021-22 CSR Fund
Companies
Implemented
(in INR Cr.)
Eradicating Hunger, Poverty 2540 263 4532.31 35.87%
and Malnutrition, Promoting
Health Care, Sanitation & Safe
Drinking Water
Promotion of Education, 2046 271 3196.7 25.3%
Special Education and
Vocational Skills

Rural Development Projects 649 134 1123.38 8.89%

Ensuring Environmental 692 174 879.3 6.96%


Sustainability, Ecological
Balance, Wildlife & Natural
Resources Conservation.

Contribution to the Prime 73 49 867.1 6.86%


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

Disaster Management, 331 86 443.67 3.51%


including Relief, Rehabilitation
and Reconstruction Activities

Gender Equality, Women 272 116 244.03 1.93%


Empowerment, Senior Citizens
and Economically Backward
Groups

Training to Stimulate Rural


Sports, Nationally Recognized 125 78 177.32 1.4%
Sports, Paralympic Sports and
Olympic Sports.

Protection of National 111 51 91.05 0.72%


Heritage, Art and Culture

Slum Area Development 32 22 86.69 0.69%

Contributions to Public Funded


Universities, IITs, National
29 22 70.02 0.55%
Laboratories and Autonomous
Bodies
Employee Volunteering 5 3 39.94 0.32%

19
Technology incubators within 21 14 24.3 0.19%
academic institutions

Benefits to armed forces 37 28 22.18 0.18%


veterans, war widows

Corpus Fund 1 1 0.5 0.004%

Others 460 109 630.26 4.99%

As reported by the companies, approximately 1.6% of the total CSR spent is allocated to admin expenses.

Fig. 14 Thematic Distribution of CSR Funds

2%

1%
2%
2% 5%

4%

7% 36%

7%

9%

25%

Poverty Alleviation, Healthcare and WASH Slum area development


Education and Skills Contributions to public funded Universities,
IITs, National Laboratories and autonomous bodies
Rural Development
Environment Sustainability Employee Volunteering
PM National Relief and Other Funds Technology incubators within acade
Disaster management, including relief, Benefits to armed forces veterans, war widows
rehabilitation and reconstruction activities Others
Gender Equality, Women empowerment, senior
citizens and economically backward groups
Admin Expense
Rural sports, nationally recognized sports,
paralympic sports and Olympic sports
Protection of National Hertitage, art and culture
20
CSR Fund Distribution in Education & Skill Sector (in FY 21-22)

Education & Skill Sector Projects Number of Projects Implemented Actual CSR Spent (in INR Cr.)

Education Projects 1706 2448.16


Skill Development 340 748.54
Total 2046 3196.7

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.

CSR Fund Distribution in Health Sector

Number of Projects Implemented 1232


Amount of CSR Spent (in INR Cr.) 2411.52
Percentage of Total CSR Spent on Healthcare projects 19.68%

21
Thematic Areas & Cumulative CSR Spent Between FY 2019-2022 (in INR Cr.)

Thematic Areas Amount Amount Amount % of CSR % of CSR % of CSR


Spent in FY Spent in FY Spent in FY Fund Fund Fund
2021-22 2020-21 2019-20 Spent in Spent in Spent in
(in INR Cr.) (in INR Cr.) (in INR Cr.) FY 2021-22 FY 2020-21 FY 2019-20

Poverty Alleviation, 4532.31 4406.99 3222.47 35.87% 36.18% 27.87%


Healthcare and WASH

Education and Skills 3196.7 3082.37 3631.82 25.30% 25.30% 31.41%

Gender Equality,
Women
Empowerment,
Senior Citizens and 244.03 105.41 167.98 1.93% 0.87% 1.45%
Economically
Backward Groups

Environment 879.3 571.93 668.56 6.96% 4.69% 5.78%


Sustainability

Protection of National 91.05 135.62 109.89 0.72% 1.11% 0.95%


Heritage, Art and
Culture

Benefits to Armed 22.18 21.86 36.13 0.18% 0.18% 0.31%


Forces Veterans, War
Widows

Rural Sports and 177.32 154.56 180.10 1.40% 1.27% 1.56%


Paralympics

PM National Relief 867.1 2009.06 1053.70 6.86% 16.49% 9.11%


and Other Funds

Technology 24.3 31.37 23.92 0.19% 0.26% 0.21%


Incubators within
Academic Institutions

Slum area Development 86.69 2.37 20.42 0.69% 0.02% 0.18%

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

Gender Equality, Women Empowerment, Senior 167.98


Citizens and Economically Backward Groups 105.41
244.03

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

0 1000 2000 3000 4000 5000

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

Poverty Allevia�on, Healthcare and WASH Educa�on and Skills


Rural Development Environment Sustainability
PM Na�onal Relief and Other Funds

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

Name of Company Number of Projects aligned Amount Spent % share of Actual


with Poverty Alleviation, in Thematic Area CSR spent of the
Healthcare and WASH (in INR Cr.) Company
72
Mahanadi Coalfields Limited 203 215.52 85.63%
HDFC Bank Limited 146 120.2 16.33%
Power Grid Corporation of
136 118.26 43.62%
India Limited
HCL Technologies 105 96.87 44.78%
The Federal Bank Limited 78 3.75 9.36%

Education and Skills

Name of Company Number of Projects Amount Spent % share of Actual


aligned with Education in Thematic Area CSR spent of the
and Skills (in INR Cr.) Company
72
HDFC Bank Limited 129 184.41 25.06%

Larsen & Toubro Ltd 85 60.63 44.69%


HCL Technologies 77 60.68 28.05%
Power Grid Corporation of 64 46.23 17.05%
India Limited
Mahindra & Mahindra Limited 50 42.36 43.64%

Rural Development

Name of Company Number of Projects Amount Spent % share of Actual


aligned with Education in Thematic Area CSR spent of the
and Skills (in INR Cr.) Company
72
HDFC Bank Limited 162 385.65 52.40%
Power Grid Corporation of 46 12.51 4.61%
India Limited
Kansai Nerolac Paints Limited 41 1.58 11.24%
Mahanadi Coalfields Limited 41 14.02 5.57%
South Eastern Coalfields Limited 28 8.23 11.87%

25
SDG-specific CSR Contributions in FY 21-22

Fig. 17 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%

SDG 1. No Poverty SDG 2. Zero Hunger


SDG 3. Good Health and Well Being SDG 4. Quality Education
SDG 5. Gender Equality SDG 6. Clean Water And Sanitation
SDG 7. Affordable and Clean Energy SDG 8. Decent Work and Economic Growth
SDG 9. Industry Innovation and Infrastructure SDG 10. Reduced Inequalities
SDG 11. Sustainable Cities and Communities SDG 12. Reduced Inequalities
SDG 13. Climate Action SDG 14. Life Below Water
SDG 15. Life on Land SDG 16. Peace Justice and Strong Institutions
SDG 17. Partnerships for the Goals Miscelleneous

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

SDG 1. No Poverty 63 182 1042.16 8.51%


SDG 2. Zero Hunger 54 135 149.73 1.22%
SDG 3. Good Health and 280 2433 4194.49 34.24%
Well Being
SDG 4. Quality Education 267 1923 2725.17 22.24%
SDG 5. Gender Equality 80 199 211.58 1.73%
SDG 6. Clean Water And 105 553 421.22 3.44%
Sanitation
SDG 7. Affordable and 38 85 82.84 0.68%
Clean Energy

SDG 8. Decent Work and 100 278 563.5 4.60%


Economic Growth
SDG 9. Industry Innovation 43 262 514.69 4.20%
and Infrastructure

SDG 10. Reduced 64 117 200.68 1.64%


Inequalities

SDG 11. Sustainable Cities 94 331 779.47 6.36%


and Communities
SDG 12. Sustainable 27 80 97.91 0.80%
Consumption and Production

SDG 13. Climate Action 59 146 136.07 1.11%

SDG 14. Life Below Water 12 18 10.64 0.09%

SDG 15. Life on Land 77 228 187.73 1.53%


SDG 16. Peace Justice and 14 20 12.57 0.10%
Strong Institutions

SDG 17. Partnerships for 27 76 243.71 1.99%


the Goals

Miscelleneous 195 438 692.74 5.65%

27
Top 5 Companies (with respect to number of Projects) in Top 3 SDGs

SDG 3. Good Health and Well Being

Name of Company No. of Projects aligned with SDG 3

HDFC Bank Limited 147


Power Grid Corporation of India Limited 101
The Federal Bank Limited 80
Hindustan Petroleum Corporation Limited 66
HCL Technologies 65

SDG 4. Quality Education

Name of Company No. of Projects aligned with SDG 4

HDFC Bank Limited 127


HCL Technologies 73
The Federal Bank Limited 59
Larsen & Toubro Ltd 54
Power Grid Corporation of India Limited 52

SDG 1. No Poverty

Name of Company No. of Projects aligned with SDG 1

Mahanadi Coalfields Limited 43


Vedanta Limited 14
Larsen & Toubro Ltd 13
South Eastern Coalfields Limited 11
NOCIL Limited 6

28
Mode of Project Implementation

Fig. 18 CSR Fund Implementation Mode

32% CSR Foundation


Direct Implementation
47%
Implementing Agencies

21%

Mode of Number of Amount Percentage of Number of CSR Amount


Implementation Companies (in INR Cr.) CSR Fund Projects Spent per
Project (in INR Cr.)
CSR Foundation 100 3910.04 32.6% 1238 3.16
Direct
163 2558.68 21.33% 2223 1.15
Implementation
Implementing
Agencies 303 5621.15 46.85% 3820 1.47

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:

Fig. 19 Number of Projects in Top 10 Thematic Areas


Outer Circle - Number of Projects implemented by CSR Foundation
Inner Circle - Number of Projects Directly Implemented by Company
13

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

Learn more about us at www.csrbox.org

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.

To learn more about us, please visit www.ngobox.org

About India CSR Summit & Exhibition


It has been eight years since the new Companies Act came into force and CSR became mandatory in India.
These eight years have seen a lot of change and development in India's CSR ecosystem. CSR, as a practice,
has moved over these years from mere philanthropy to actionable projects that realize the opportunities
for significant shared value creation.

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.

Read more about the CSR Summit here: www.indiacsrsummit.in

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]

Ms. Nishita Mehta Ms. Manasi Diwan


Sr. Fellow - CEO's Office Lead Consultant

[email protected] [email protected]

Research Credits Design Credits


Gunjan Khandelwal Himanshu Choubisa
Khushi Goel
Dhawani Shah

Office:
CSRBOX & NGOBOX, 806-808, Shivalik Satyamev,
Bopal Road, Bopal, Ahmedabad, Gujarat, 380058

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