CSR Trends in 2021 | The Impact Post
Issue #9 | Thu, Feb 4, 2021
Dear Friends of NuSocia,
2020 was a unique year in terms of CSR with funds being allocated to the most pressing needs of safety, health and hygiene brought forth by the COVID-19 crisis. With companies taking a proactive interest in improving their CSR practices, and the government encouraging them by bringing in various amendments in the CSR Act, it is being predicted that the CSR activities of 2021 will be even more dynamic.
We tracked the emerging trends in the sphere of CSR and tried to provide a bird’s eye view of where the CSR ecosystem is headed. As Aaron Levie, CEO of Box mused “Better to be right about the trend and wrong about the implementation, than the other way around”.
Happy reading!
Readings : Food for Thought
We have carefully curated a selection of reading list for you to get an in-depth idea of over-arching CSR trends which is going to dominate in 2021.
1. 10 CSR Trends To Watch In 2021
This insightful article lists the global trends in CSR post pandemic with rise of new emerging areas like virtual volunteering and supporting small business which were hit most during the pandemic along with a greater singular focus of organizations on United Nations Sustainable Development goals 2030 and on diversity, equity and inclusion.
2. CSR in the “new normal”: Insights from India Inc. and Non-profits
This thought-provoking piece, lists down the corporate social impact predictions from leading Indian business and social impact leaders including Ms. Pearl Tiwari, Director & CEO, Ambuja Cement Foundation, Urmila Joshi, General Manager, CSR, Dholka, Cadila Pharmaceuticals, Mr Sumanta Kar, Senior Deputy National Director, SOS Children’s Villages of India , Ms Nidhi Pundhir, Director – HCL Foundation and other industry experts.
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3. Sustainable CSR Is the Way Forward In the Post-COVID World
Read more to understand how this COVID-19 period can be a good time to rework and realign the entire approach to CSR, both in terms of its constituents and the policies that govern it, in order to better redirect all CSR operations with the people's real needs.
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4. CSR Amendments 2021
The CSR amendments brought forth on 22nd January 2021 by the Ministry of Corporate Affairs promises to bring in increased goodwill and trust with the community at large with more transparency and bring organisations one step closer to formulating sustainable CSR programs. Read on the article for point wise explainer on the key amendments.
Read More
CSR Trends in 2021
8 Biggest CSR Trends of 2021, that you must leverage to create Impact that is Evident. The trends are based on careful analysis of discussion with / views of multiple sectoral experts both from Corporate as well as NGO side.
Expert Speaks
The webinar " The Changing Nature of CSR and Philanthropic Projects: Planning Pathways for Post-COVID Era" brought forth a wide assortment predictions on the future of CSR and the trends post pandemic. The panellists included top industry leaders like Ms. Tushara Shankar, Head CSR and External Relations, Reckitt Benckiser, Mr. Saurabh Singh, President, ICICI Foundation ,Ms. Nidhi Pundir, Director, HCL Foundation ,Dr. Garima Dadhich, CEO, NFCSR, IICA & DoI Govt. of India ,Ms. Mamta Carroll, Vice President & Regional Director, Asia, Smile Train.
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