ThinkCap Advisors

  Reshaping CSR: Impact Oriented CSR Consulting for a Multinational Professional Services Company About the Project: During our due diligence, we identified instances of misreporting by certain NGOs to the client and recommended necessary actions. Company Background Our client is a multinational company offering a diverse range of services across various sectors, including engineering, design, environmental consulting, planning, and management. The company specializes in projects related to infrastructure, transportation, buildings, water resources, energy, and environmental sustainability. Work Area CSR Documentation & Action Plan In an effort to refine its Corporate Social Responsibility (CSR) strategy, our client collaborated with us on several aspects of CSR consulting. This partnership covered strategy development, , risk analysis, advisory services, compliance, and post-grant monitoring. The CSR documentation phase involved drafting a CSR policy that outlined key objectiv...

Introduction Corporate Social Responsibility (CSR) has evolved from being a mere buzzword to a strategic imperative for businesses worldwide. In the Indian context, CSR initiatives have gained prominence as companies increasingly recognize their responsibility to contribute to social and environmental well-being. One area that has emerged as a focal point for CSR endeavors in India is Water, Sanitation, and Hygiene (WASH). As per the India CSR Outlook Report 2023, 26% of the companies have Healthcare and WASH as their first CSR priority. Followed by Environment and Sustainability with 23% and Promotion of Education with 18%. WASH: A Cornerstone for Sustainable Development Water, sanitation, and hygiene form the basic building blocks for a healthy and productive society. Access to clean water, proper sanitation facilities, and hygiene education are essential for preventing diseases, improving overall health, and enhancing the quality of life. In India, CSR initiatives focused on W...