Why do you need a CSR consultant?
CSR is not just philanthropy, it is capable of creating sustainable value for your business. CSR consultants, with their expertise and experience, can help you to reap rewards, engage stakeholders& ensure compliance along with creating an impact on social issues that matter most to your business.
1. Legal Expertise:
With complex CSR law and rules in India, a company is required to comply with a host of rules&ensure proper documentation. With legal penalty upto Rs.25 lacs, employing a specialist group becomes inevitable. An expert CSR advisor ensures that CSR projects are designed and implemented in the most compliant and efficient way.
2. No Additional Cost:
Hiring a CSR consultancy won't add any weight to the funds as the charges for management by CSR consultancy is a part of the CSR funds of the corporate.
In this manner, there is no additional weight to the spending limit.
3. Transparent Monitoring Mechanism:
Along with being a mandatory legal requirement, a transparent monitoring mechanism enables an organization to assess the outcome and achievement against the intended objectives of the ongoing project. Monitoring mechanism refers to site visits, interviews, survey, pictures, video recordings, assessment, recommendation & reporting of the ongoing project.
4. Strategic CSR:
CSR can be turned into a powerful tool to create brand loyalty, increase brand equity and growth through unexplored markets. A CSR advisory firm with the expertise of strategic CSR leads an organization to have a sustainable competitive edge in the market. They enable the corporate to recognize how adequately it can utilize its capital & assets to create value for the community and business.
5. Finding the Implementing Partner:
The success of the program greatly depends on choosing the right implementing partner. Optimal utilization of the CSR assets for the right purpose and in a prudent manner is necessary to increase Social Return on Investment. A CSR Consultancy firm ensures that projects are implemented in an efficient and effective way to give maximum impact.
CSR is just not about donating money, it’s much more than that. It’s about creating maximum value with the available resources for the community and the business both.
Outsource all your CSR worries by hiring professional CSR Consulting and Advisory firm.