India CSR Outlook Report 2018

By NGOBOX & CSRBOX On 27 September 2018
India CSR Outlook Report 2018

About the Report

The ‘India CSR Outlook Report (ICOR)’ is an annual research publication of NGOBOX, which presents an in-depth analysis of CSR spend of big companies in previous financial year. The 2018 report is the 4th such annual publication after 2015, 2016 and 2017 reports. The report provides an in-depth analysis of CSR spend of big 359 companies in FY 2017-18. The report visualizes a few important curves of CSR landscapes in India, entirely based on the actual CSR spending data of these companies, as reported by them in mandatory disclosures.

While at the time of the Report’s release on 24th Sept. 2018, it is the first such analysis of CSR spends of this large number of companies in FY 2017-18.

These 359 companies account for almost 3/4th of the total CSR spend in India, making it a big sample size for any such studies and analysis.

These 359 Companies, selected in this report, were short-listed on the basis of the following criteria:

  • INR 1 Cr. Or above prescribed CSR in FY 2017-18
  • Listed on BSE or subsidiary of a BSE-listed company
  • Availability of data by 31st Aug. 2018 and CSR disclosures as per the Companies Act, 2013

Key Insights

Number of Companies: 359

Number of public sector companies: 35

Number of projects implemented: 5233

A Few Interesting Facts

  • Public sector enterprises account for over 1/4th of India’s total CSR spend
  • Over 1/3rd of the CSR spend is on education and skill development projects while over 1/4th of the CSR spend is on WASH and healthcare projects
  • 6% increase in the prescribed CSR and 8% increase in the actual CSR spend from FY 16-17
  • The number of projects has increased by 25% from the previous year
  • Oil, refinery and petrochemicals sector companies command almost 1/4th of the CSR fund of India
  • CSR Funding on education and skill development areas have increased by 50% from FY 15-16 to FY 17-18
  • CSR fund deposit in PM Relief Fund has gone substantially down by 80% from FY 15-16 to FY 17-18
  • Maharashtra, Karnataka and Gujarat together received over 25% of India’ s total CSR fund.

Tag : CSR Report Analysis ICOR

More Reports