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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.