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Webinar Insights on CSR and Volunteering
Sep 21, 2024
Webinar on CSR and Employee Volunteering
Introduction
Speaker: Aarti from Connect4
Colleague: Kritika
Purpose: Discuss tough and unaddressed questions in CSR.
Reminder: Participants to remain on mute; questions can be asked in the chat.
About Connect4
Volunteering platform connecting volunteers with NGOs.
Curates customized engagements for individuals and corporates.
Over 450 NGO partners and 20,000+ volunteers across India.
Focus areas include Environment, Community Development, Education.
Importance of CSR in COVID Times
Corporate organizations seeking to aid COVID relief through CSR.
Mandatory CSR has pushed companies to focus on social and environmental responsibilities.
Aim: Identify unanswered questions regarding CSR and volunteering.
Panel Introduction
Ashwini Saxena
: 30+ years in various sectors; CEO of JSW Foundation.
Rohit
: CSR and Diversity Inclusion professional; leads CSR at JL India.
Balaji
: CEO of Toolbox India Foundation; founder of Social Lens Consulting.
Discussion Highlights
1. Employee Volunteering Spend as CSR Expense
Rohit's Perspective
:
Volunteering spend can be quantified depending on the project.
Employee salaries can count towards CSR but must follow specific rules (admin overhead max 5%).
Important for organizations to understand what qualifies as CSR spend.
Aswini's View
:
Employee volunteering should be assessed for its impact rather than its qualification as CSR.
Engagement in volunteering leads to employee well-being and company values.
2. Integrating Volunteering into KRAs
Aswini
:
Align volunteering with employee passions for better engagement.
Volunteering should be seen as a way to enrich HR practices and integrate feedback from community interactions.
Rohit
:
Employee volunteering should remain voluntary and not be tied to performance metrics.
Encouragement through providing opportunities rather than setting goals.
3. Measuring Impact of Volunteering
Importance of measuring volunteering's impact similar to CSR projects.
Distinction between one-off activities vs. long-term projects.
Need for third-party intervention for impact measurement in CSR.
4. Challenges in Virtual Volunteering
Virtual volunteering became popular during COVID-19.
Challenges in rural areas include connectivity and resistance to virtual engagement.
Organizations need to adapt and explore blended models of volunteering.
5. Employee Engagement and Development Sector Professionals
Importance of having development sector professionals in CSR teams to motivate volunteers and enhance CSR activities.
Mixed backgrounds among volunteers can lead to innovative solutions and partnerships.
6. Social Stock Exchange and CSR Ecosystem
Discussion on the implications of the social stock exchange on CSR practices.
Currently in the early stages, requiring more clarity and understanding.
Conclusion
Invitation for feedback and questions via the feedback form.
Connect4 offers support in creating virtual ecosystems for NGOs and corporate partnerships.
Next meeting: Corporate partners meet and greet scheduled with further details to be shared.
Closing Remarks
Thank you to all speakers and participants for their engagement.
Encouraged to continue the conversation on CSR and volunteering.
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Full transcript