- Home >
- Our Ideas
In today’s corporate world, Corporate Social Responsibility (CSR) has evolved beyond donations and goodwill. Businesses are taking active roles in driving positive change for communities,
Know more
Every Corporate Social Responsibility (CSR) initiative has the potential to make a real difference. However, ensuring that these efforts are truly impactful requires effective measurement.
Know more
Imagine a tech company launching a new CSR initiative, only to discover that employees aren’t engaged, and the community doesn’t see the project’s value.
Know more
Transparency is essential to gaining trust and believability from those with a stake in your business, especially regarding Corporate Social
Know more
Corporate Social Responsibility (CSR) in India has become essential for companies to give back to society. By law, eligible companies must spend
Know more
With CSR gaining momentum in India, conducting CSR impact assessments is now crucial for large corporations. Beyond compliance, assessing CSR
Know more
Many businesses invest in CSR programs, focusing on community, environment, and ethical practices, but often struggle to measure their true impact.
Know more
Corporate Social Responsibility (CSR) has evolved significantly in India. From merely being an act of charity, it has transitioned into
Know more
Nonprofits are under increasing pressure to demonstrate the real impact of their social initiatives. To stay relevant,
Know more
CSR is more than just an altruistic gesture; it’s a strategic tool that can drive business success while benefiting society.
Know more
Today, businesses are increasingly judged not just by their profits, but by their contributions to society through CSR.
Know more
In the age of conscious consumerism, businesses can no longer afford to simply claim they are doing good; they must prove it.
Know more
Virtual volunteering allows companies to tap into a diverse talent pool and promote collaboration and innovation.
Know more
Corporate Social Responsibility or CSR is majorly acknowledged by businesses and corporates in the modern ecosystem.
Know more
CSR monitoring is essential to ensure that a company’s CSR initiatives are transparent and accountable.
Know more
Corporate Social Responsibility (CSR) is more than just a trend today, it is a key part of a company’s strategy.
Know more
Community Needs Assessment (CNA) is essential for any successful Corporate Social Responsibility (CSR) initiative.
Know more
Creating a sustainable employee volunteering program isn’t just about doing good, it’s about driving lasting impact for both your
Know moreIn the modern business landscape, businesses are not just expected to make profits; they’re also expected to make a difference.
Know more
In today’s business world, Corporate Social Responsibility (CSR) has become a crucial element of how companies engage with their communities, customers, employees, and the environment.
Know more
In this competitive work scenario, companies are making significant strides through sophisticated volunteering programs. The talents and resources of employees are leveraged to cater holistically so that they feel more connected with the company's value.
Know more
Corporate Social Responsibility (CSR) means your business takes an active role in positively impacting society. In today’s world, it’s more than important as customers and stakeholders expect you to contribute to social good
Know more
Did you know that 88% of consumers are more likely to support businesses that take a stand on social and environmental issues? Corporate Social Responsibility (CSR) is key to your strategy and reputation in today's business world.
Know more
Did you know that Indian companies spent over ₹29,000 crores on CSR activities in the financial year 2022- 2023? Corporate Social Responsibility (CSR) funding is a mandatory practice where companies allocate a portion of their profits to social and environmental initiatives.
Know more
Are you looking to make a real difference with your CSR initiatives? An effective CSR impact assessment report is your key tool. It helps you understand the true impact of your efforts, ensuring transparency and accountability.
Know more
Did you know that a well-planned community program can greatly increase local engagement? This is the power of understanding community needs. Community needs assessment is a crucial step in CSR planning, helping businesses identify and prioritize the needs of the communities they serve.
Know more
Engaging in corporate social responsibility (CSR) programs is a great way for businesses to involve employees and enhance their reputation. Research shows that 88% of consumers are more loyal to companies supporting social and environmental causes.
Know more
Corporate social responsibility (CSR) is all about businesses supporting social and environmental causes that match their values and meet stakeholder expectations.
Know more
Corporate Social Responsibility (CSR) is now a key aspect of business, with companies globally acknowledging the need to contribute to society. However, the real worth of CSR is seen in its impact on the communities it serves.
Know more
In today's fast-changing business world, success is no longer just about profits. With a growing focus on ethical practices and social responsibility, Social Return on Investment (SROI) has become a key framework. SROI goes beyond financial metrics, providing companies with a tool to evaluate their wider influence on society.
Know more
Corporate volunteering or employee volunteering, is a fantastic initiative that encourages companies to support their employees in giving back to the community.
Know more
Corporate social responsibility (CSR) initiatives undertaken by cоmpanies have grown expоnentially in the recent past..
Know more
In today's business world, corporate social responsibility (CSR) is a fundamental element of business strategy. Big or small companies are expected to take the lead in developing robust CSR Impact assessments to drive positive impact.
Know more
Corporate social responsibility (CSR) initiatives have long been used by organizations as а way to give baсk to society.
Know more
An NGO fund audit refers to the independent examination and verifiсation of financial records, aссounts, and underlying transaсtions undertaken by сertified auditors to assess if the financial statements aссurately reflect the financial position of the nonprofit group.
Know more
Corporate social responsibility (CSR) policies have the potential to make а profound impact on society if carried out strategically and with corporate transparency.
Know more
In today's society, consumers want more than just good quality products at low prices. They expect brands to be socially responsible and positively impact society.
Know more
Choosing the right CSR (corporate social responsibility) software for your organization can be a difficult task with so many options available. You know you want a tool to monitor and manage your social and environmental initiatives effectively, but deciding on the best software can be overwhelming.
Know more
Today, younger workers like Generation Z and millennials expect their employers to provide workspaces where they can thrive. Employee volunteering is a great way for employers to meet these expectations. Many studies show that involving employees in corporate volunteering activities brings multiple benefits.
Know more
In today’s business world, the role of corporate social responsibility (CSR) has become increasingly crucial. It focuses on businesses making a positive impact on society while still being profitable. Many companies are embracing CSR, but it's crucial to conduct a thorough impact assessment. This assessment helps companies understand the effects of their CSR efforts and ensures they are truly making a sustainable difference.
Know more
Money makes the world go round, but CSR makes it spin responsibly. In the corporate world, Corporate Social Responsibility (CSR) is more than just a trendy term, it’s the heartstring that connects businesses to society. But how do you ensure that this commitment is honored judiciously? The answer lies in safeguarding your CSR spending.
Know more
Encouraging your employees to volunteer can boost their engagement levels. It's been proven that offering volunteer opportunities fosters a sense of pride among your team members. Employee volunteering can also create a sense of purpose and increase overall employee engagement. Employee volunteering in India is growing in a big way as companies realise that it is an effective tool to boost employee well-being and skills.
Know more
Corporate Governance and Corporate Social Responsibility are far more than similar sounding jargon. They impact not only the organization itself, but also the wider community that exists around it.
Know more
Corporate Social Responsibility and sustainability are two integral concepts in the corporate world. They are often intertwined, yet with distinct purposes and focuses. CSR and sustainability both play a key role in shaping ethical business practices.
Know more
Corporate Social Responsibility (CSR) represents a company's commitment to environmental and social well-being. Through philanthropic endeavors, volunteer work, and similar activities, CSR can truly make a change. But it needs efficient implementation.
Know more
Corporate Social Responsibility (CSR) is a fundamental aspect of doing business responsibly. In this blog post, we'll explore what social responsibility means and why it's essential for businesses. We'll also go over the types of social responsibility and practical tips for implementation.
Know more
CSR or Corporate Social Responsibility is a mandate in India. Such initiatives in all fields are highly benefited by technology. Data-driven intelligence, efficient planning, and effective collaboration can contribute to maximizing the impact of CSR. Therefore, having a technology driven approach to CSR monitoring and impact assessment is of great value.
Know more
Corporate Social Responsibility or CSR is the duty of business organizations to make a difference in society and better the environment. These voluntary, non-profit ventures show the ethical nature of an organization, and its commitment to those it serves.
Know more
Conducting a successful Community Need Assessment (CNA) is a crucial step in designing a Corporate Social Responsibility (CSR) project. It aligns with the aspirations of the community you aim to serve. This exercise is also known as a Baseline Study or a Baseline Assessment.
Know more
Corporate Social Responsibility (CSR) has become an essential aspect of modern businesses. Companies are increasingly realizing the importance of giving back to society.
Know more
Impact assessment studies are crucial to the projects and initiatives organizations undertake. It is an approach to sustainability involving systematic assessment of the social impact of various organizational initiatives.
Know more
Corporate Social Responsibility (CSR) has become an integral part of business strategies worldwide. As companies strive to align their operations with sustainable practices and societal well-being, the role of CSR software has gained prominence.
Know more
Organizations engaged in Corporate Social Responsibility need to have robust methodologies and systems in place to objectively assess the performance of their CSR project in accordance with standard and globally agreed upon metrics.
Know more
Corporate Social Responsibility (CSR) initiatives are becoming increasingly important for companies. It enhances their reputation and demonstrates their commitment to making a positive impact on society and the environment.
Know more
Corporate Social Responsibility (CSR) is a key component of organisational operations, with companies looking to have a positive impact on society and the environment. However, measuring the impact of CSR initiatives can be challenging.
Know more
Corporate Social Responsibility, or CSR in general, is a set of self-regulating practices that an organization adopts to make itself socially accountable to itself, its stakeholders, and the public.
Know more
When undertaking a Corporate Social Responsibility project, there is a process of reviewing the financial and operational performance of the Non-Governmental Organization (NGO) that you partner with.
Know more
Social Return on Investment (SROI) is a method for measuring the social, environmental, and economic impact of a project or initiative. It is a tool that helps assess the value of a Corporate Social Responsibility project beyond its financial returns.
Know more
CSR formally launched in India in 2014. It was 5 years after we at SoulAce began our journey of establishing relationships between Corporates looking to give back and suitable NGOs and communities that could benefit from such projects.
Know more
If you run a business that is set to engage or already engages in CSR activities, you will know that no Strategy is complete without a plan for Impact Assessment.
Know more
Given the recent healthcare crisis during the pandemic, upgrading the healthcare infrastructure and technology has become imperative. Cracks in the structure have become more prominent and Corporates, NGOs and the government must join hands to fix the gaps.
Know more
In the world of project undertakings, one of the most significant areas of assessing position and substantiality is conducting Impact Evaluation Studies.
Know more
The 21st-century world is a market amalgamation of different sectors coming together to make profitable outcomes while impacting their surrounding world.
Know more
Social Impact Assessments are regulatory tools used worldwide for developmental projects. Before we delve into the why let's ask ourselves: how do we define Social Impact Assessment?
Know more
Imagine you have conducted a baseline study and allocated a budget for your organization’s CSR practices. What comes next? Ensuring your CSR funds reach the cause and are utilized to their best capacity may seem like a daunting task. This article will present you with some tips to make sure you move forward in the right direction.
Know more
The role of CSR for society is a momentous one as it has the ability to pave the way for the progress of the community. It is a responsibility shouldered by every member of the company and benefits multiple stakeholders, including the benefactors themselves.
Know more
Employees make up an essential part of the framework that contributes towards a company’s CSR aims. In the present times, recruiting and retaining top-tier and motivated employees is ascertained also by its dedication towards its social responsibilities.
Know more
It is a comprehensive process of assessing the impact created by the company in the lives of the beneficiaries. Assessing the impact of a CSR project helps to understand the impact outcome of the project.
Know more
Given the growing importance of social responsibility in business, Corporate Social Responsibility (CSR) is quickly becoming a fixture in modern business lexicon.
Know more
Society has transitioned towards the digital, best it is adapting to this transition now.
Know more
One of the cornerstones of a successful CSR initiative is its quantification and evaluation.
Know more
Since CSR has become a legal requirement and now plays a big role in creating a brand image for the company, CSR optimization gives companies the chance to show tangible value creation.
Know more
Today, it is mandatory for companies conducting CSR activities above a certain amount to conduct impact assessment.
Know more
The SoulAce software platform for employee volunteering in India continuously updates information with requirements for volunteers for different projects that employees can choose from. It can be customized to reveal opportunities that align with the aims of the companies and their employees.
Know more
Besides complying with government regulations, incorporating fund utilization audits for companies can have numerous benefits for firms such as, Avoiding Penalties, Lending Sustainability to CSR Activities, Building Trust among Partners, Implementing Realistic and Scalable Models.
Know more
Corporate Social Responsibility (CSR) is an essential system in creating ethical business models worldwide. Countries regularly update their rules and regulations regarding CSR to improve its impact. The Ministry of Corporate Affairs in India provides comprehensive and dynamic documents, acts, and FAQs to better understand the role of CSR and its implementation by qualifying companies. This includes fulfilling their duties towards alleviating social or environmental issues and creating a more inclusive and sustainable space.
Know more
CSR Monitoring Platform helps in Creating a Central CSR Database, Strategizing for CSR Initiatives, Allocating Responsibilities and Proper Recognition, Efficient Impact Assessment and Report Writing & Sharing the Company's Achievements and Improving its Transparency.
Know more
The need for a responsible, transparent, and efficient monitoring platform of the CSR projects has always been a critical need for the corporations executing Corporate Social Responsibility and abiding by Section 135 of the Companies Act, 2013. This CSR project monitoring software includes periodic performance evaluations to track the company’s progress and impact in terms of the Key Performance Indicators (KPIs).
Know more
Community investments play an important role in CSR and is one of the growing CSR strategies. It can be direct cash, non-cash contributions, or grants from the foundation. Sustainability is no longer a standalone CSR objective. It should be part of a consistent approach for CSR that aims for the sustainable development of an organization. No organization wants to stay behind when it comes to social impact and sustainability. This is the reason why benchmarks are helpful for the organization to measure the progress of CSR projects.
Know more
Corporate Social Responsibility (CSR) is now an essential part of the corporate world and is no longer a choice or profit-making agenda incorporated in some business houses. It is desired that the proper measures to understand the CSR activities as it is now one of the potential aspects in the companies’ regulations, and almost all the corporate houses have adopted it in their policies to concentrate on a more sustained environment.
Know more
CSR software manages, administers, and tracks CSR programs that might include environmentally responsible operations, grants and sponsorships, sustainability management, community giving, and corporate volunteer management. These solutions help companies share their CSR program accomplishments with customers, employees, and investors. Additionally, corporate social responsibility software helps businesses continually improve their policies and practices to support their CSR values.
Know more
CSR Impact Assessment is the process of comprehending the impact that has occurred in the lives of the beneficiaries, where the project was implemented. This helps to understand the overall outcome and impact of the project from the eyes of the beneficiaries. The New Rules in the Companies Amendment Act have brought in some changes which show Government’s encouragement towards the corporates to pursue impact assessment for their ongoing CSR projects.
Know more
A year has passed since the implementation of the project, planned to resolve the issues of water scarcity at Satara District, Maharashtra. Recently our Team visited the Satara District, to conduct a CSR Impact Assessment study of the Water Harvesting Project. This project was executed last year by our Corporate Partner.
Know more
Today, nearly every company strives to solve a problem. It could be a global problem or a more community-level problem. Businesses who address the concerns of customers and other stakeholders are likely to be more successful. In addition to building monetized products and services, a business also has the opportunity and responsibility to help and donate to its community or society at large through the Corporate Social Responsibility (CSR) policy.
Know more
SoulAce conducted a Social Return on Investment (SROI) study of a Girl Child Education Programme in Thoothukudi, Tamil Nadu. This project began in 2012 and aimed at supporting girls with a range of social, academic and material support to enable and empower them to continue schooling by minimizing social and economic constraints.
Know more
During the 2017-18 financial year, the total CSR expenditure in the country was Rs.7,536.30 crore. This is a 47% increase from 2014-15, when the Amendment was first enacted. Specifically, education has consistently been among the most favoured sectors that companies have invested in, with the year 2018 seeing INR 2202 crore being spent on this sector alone.
Know more
In 2014, India introduced CSR law being the first country in the world to make it mandatory. The corporate sector was initially taken by surprise and many of them perceived this as an additional tax burden. India also saw a new government in 2014, which was under pressure by Industry Bodies and Associations to overturn the law.
Know more
India has the world’s richest tradition of Corporate Social Responsibility (CSR). The term CSR may be relatively new to India, but the concept dates back to Mauryan history, where philosophers like Kautilya emphasized on ethical practices and principles while conducting business. CSR has been informally practiced in ancient times in form of charity to the poor and disadvantaged.
Know more