responsibility voluntaryvoluntarydevelopment growthenvironmentgreengiving backresponsibility responsibility development educationco-operationgrowthethicsmethodgoalsstandardideasupportethicsrolesocialfairsocialRELATING TO THE TEXTILE SECTOR FOR ITS IMPACT AND SCOPE FOR FUTUREFebruary, 2017CORPORATE SOCIAL RESPONSIBILITY (CSR)
RELATING TO THE TEXTILE SECTOR FOR ITS IMPACT AND SCOPE FOR FUTURECORPORATE SOCIAL RESPONSIBILITY (CSR)DisclaimerThe information and analysis contained in this document has been prepared by Technopak Advisors Pvt. Ltd. It is intended for the use of Ministry of Textiles. Use of any data, information or portions of this document is strictly prohibited without the prior written consent of Technopak or Ministry of Textiles.Whilst every effort has been made to ensure high quality and accuracy of content in the preparation of this document, Technopak assumes no responsibility for errors and omissions related to the data, calculations or the analysis contained therein and in no event will Technopak, its associates, directors or employees be liable for direct, special, incidental or consequential damages (including, without limitation, damages for loss of business profits, business interruption, loss of business information) arising directly or indirectly from the use of (or failure to use) this document. The data used in the report was last updated in September, 2015.
Glossary 6Foreword 8Acknowledgements 9Executive Summary 10Chapter 1: Introduction 141.1. Overview of CSR in India 141.2. Companies Act, 2013 141.3. Evolution of CSR 151.4. Corporate Sustainability Reporting Standards 161.5. Opportunities 181.6. Challenges 191.7. Road Ahead 21Chapter 2: Project Background and Methodology 222.1 Project Background 222.2 Project Methodology 222.2.1. Rationale for Short-listing Top 209 Non-Textile Companies 222.2.2. Rationale for Short-listing Top 50 Textile Companies 242.2.3. Rationale for Short-Listing Top 65 NGOs 242.2.4. Data Entry Template 252.2.5. Research Methodology 262.2.6. Research Universe 272.2.7. Implementation Partner Feedback-Methodology 292.2.8. Benchmarking of NGO for CSR activities 29Chapter 3: Analysis 303.1 Analysis of Textile Companies 303.2 Analysis of Non-Textile Companies 463.3 Analysis of Textile and Non Textile Companies (Combined) 65Chapter 4: Innovative Models & Best Practices in CSR 76Chapter 5: International Experience in CSR activities and Way Forward 83Chapter 6: Recommendations 85Chapter 7: Annexure 86Annexure 1: Benchmarking of NGO for CSR Activities 86Annexure 2: CSR Index by BSE and IICA 88CONTENTS
LIST OF FIGURESFigure 1: Distribution of companies as per turnover (above and below INR 1000 cr.) 27Figure 2: Distribution of companies with PAT (above and below INT 100 cr.) 27Figure 3: Distribution of companies interviewed with turnover above INR 1000 cr. 27Figure 4: Distribution of companies interviewed with PAT below INR 100 cr. 28Figure 5: Distribution of companies interviewed with PAT above INR 100 cr. 28Figure 6: Areas of CSR Spend by Textile Companies 30