CS Professional · CSR and Social Governance · Impact of CSR
Neelkamal Pharma Ltd has a large CSR programme in health, education and livelihood across 12 states. Its team finds it hard to add up and compare results because each project uses different indicators and units. Which is the most appropriate step to address this challenge?
The company should adopt a common framework with standardised indicators across all projects. This makes results comparable and capable of aggregation despite differing sectors and locations. Reporting only spend, selecting the best project, or using one unrelated indicator would not measure actual beneficiary outcomes.
- AAdopt a common framework of standardised indicators across projects so results can be compared and aggregatedCorrect
- BStop measuring impact and report only the rupees spent
- CReport only the project with the best result
- DUse a single indicator, the number of employees volunteering, for all projects
Explanation
The problem is lack of comparability across diverse projects. Standardised indicators within a common framework allow consistent data and aggregation while still permitting project-specific measures. Reporting only spend or only the best project hides real results, and a single volunteer indicator does not capture beneficiary outcomes.
Did you get it right without looking?
One question tells you little. A timed set on Impact of CSR shows your real accuracy, how long you take and where you lose marks.
More Impact of CSR questions
- Sundaram Textiles Ltd. spent Rs 40 lakh on a skill-training project and reports that 900 trainees attended classes. A director says this pro…
- A company runs a community programme on women's empowerment and finds it hard to put a rupee figure on improved dignity and decision-making …
- Ganga Foods Ltd funds a girls' education programme and also runs a state-government scholarship scheme in the same district. After three yea…
- Kaveri Power Ltd plants mangroves along a coast as a CSR project. The ecological benefits, such as coastal protection and improved fish bree…
- Himalaya Motors Ltd's CSR project provides solar lamps to tribal hamlets. Besides lighting, children now study after dusk and kerosene-relat…
- Ritu Beverages Ltd publicly reports its CSR activities and community outcomes every year. A fund manager says this transparency helps attrac…