CSR Policy Review, Compliance, Spend verification and Impact Assessment
Corporate Social Responsibility (CSR) obligations under the Companies Act, 2013 require eligible companies to not only spend on CSR activities but also ensure that such initiatives are aligned with statutory guidelines and create meaningful impact. Independent CSR reviews ensure compliance, transparency, and credibility in reporting CSR activities.
CSR policy review, spend verification, and impact assessment go beyond regulatory requirements—they provide boards and stakeholders with assurance that resources are being used effectively, responsibly, and in line with the organization’s social objectives.
About This Service
Our CSR advisory services help companies design, implement, and monitor CSR strategies that are compliant with the Companies Act and Schedule VII guidelines. We review CSR policies to ensure they are aligned with both statutory requirements and the company’s broader sustainability objectives.
We conduct independent verification of CSR spends to ensure that funds are deployed in accordance with board-approved policies, prescribed timelines, and statutory disclosure requirements. This adds credibility to CSR reporting and strengthens stakeholder trust.
Our impact assessments go further to evaluate the effectiveness of CSR projects. We measure outcomes against stated goals, assess social and environmental benefits, and provide recommendations for enhancing the long-term sustainability of initiatives.
By combining statutory compliance with impact-driven insights, we enable organizations to not only meet CSR obligations but also create measurable, transformative contributions to society.
Key Features / Scope of Work
- Review of CSR policies for compliance with Companies Act & Schedule VII.
- Verification of CSR spends and utilization against approved budgets.
- Assurance on statutory disclosures in Board Reports and Annual Reports.
- Independent impact assessment of CSR projects and initiatives.
- Alignment of CSR initiatives with ESG and sustainability goals.
- Recommendations for improving CSR governance and effectiveness.
- Stakeholder reporting and transparency enhancements.
- Support in building long-term, impact-driven CSR strategies.
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