Understanding Impact Evaluation: A Comprehensive Guide to Measuring CSR Effectiveness In India, impact evaluation has emerged as a critical tool for measuring and demonstrating the value created by social initiatives. For companies investing in CSR projects, understanding the true impact of their interventions is no longer optional—it's essential for strategic decision-making, regulatory compliance, and stakeholder accountability. What is Impact Evaluation? Impact evaluation is a systematic assessment tool designed to measure and evaluate the significance of changes brought about by CSR project activities. Unlike simple monitoring, impact evaluation takes a directional and analytical approach, examining both the magnitude and quality of change experienced by stakeholders and their environment. As mandated by the Companies (CSR Policy) Amendment Rules, 2021, impact assessment has become a mandatory requirement for companies with an average CSR obligation of ₹10 crore o...