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Report2017
@c sRBOX
NGOBOX
Abridged version
s µt 11illt:1 2011
August-September 2017
At the time of its pre-release on 29th Aug. 2017, this is the first such analysis of CSR
spend of this large number of companies in FY 2016-17. These 300 companies account
for more than 2/3rd of total CSR spend in India, making it a big sample size for any such
study and analysis. This report is pre-cursor to the India’s largest CSR forum ‘IndiaCSR
Summit & Exhibition’ that is hosted by NGOBOX annually.
The 2017 event is scheduled on 17-18 Sept. at Hyatt Regency Gurugram (NCR).
The 300 Companies selected in this report were selected on the basis of the following
criteria:
Prescribed CSR of INR 1Cr or above in FY 2016-17
Key Highlights
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Interesting Insights
1/3rd of the companies spent more than the prescribed CSR budget
6% companies could not spend even 33% of the prescribed CSR budget
28% increase in the prescribed CSR budget from FY 2014-15 (beginning of the
CSR compliance)
47% increase in actual CSR spent since FY 2014-15 and 8% increase from the
last financial year
Almost 25% of India’s actual CSR spent is in Maharashtra and Gujarat states
only
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Prescribed CSR 7626 Cr.
Actual CSR* 6871 Cr.
Actual CSR to prescribed CSR 90%
Change in CSR compliance from FY 2015-16 (in %) -2%
*Includes unspent CSR amount of FY 2015-16, spent in FY 2016-17 (almost INR 49 Cr)
Prescribed CSR and actual CSR spent since 2014-15 (NR Cr)
8000
7626
6871 6886
6342
5936
6000
4678
4000
2000
0
2016-17 2015-16 2014-15
Prescribed CSR Actual CSR
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CSR Compliance: Companies and actual to prescribed CSR
-1/3rd of companies spent more than the prescribed CSR while 1/3 rd spent less than the
prescribed CSR
-Overall 2/3 of the companies could meet the CSR compliance by spending 100% or
more of their CSR budget
-There are companies that spent almost twice the prescribed CSR requirement
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Top 10 Companies by Actual CSR spent (INR Cr)
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Top Companies with more than the prescribed CSR (% wise)
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Top 10 State CSR spent-wise
Historically, CSR spent has been concentrated on a few states and that trend has
continued in FY 2016-17 as well. Maharashtra and Gujarat together received 23.4% of
India’s total CSR spent.
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Top 5 in Gujarat INR Cr.
Reliance Industries Ltd 41.63
Hindustan Petroleum Corp Ltd 29.21
Cadila Healthcare Ltd 29.17
Adani Ports and Special Economic Zone 27.00
Torrent Pharmaceuticals Ltd 25.62
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Top 5 in Tamil Nadu INR Cr
Larsen & Toubro Ltd 13.53
Infosys Ltd 10.69
Cholamandalam Investment & Finance Co. Ltd. 10.59
Housing Development Finance Corporation Limited 8.69
Bajaj Finance Ltd 8.26
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Top 5 in West BengalINR Cr.
Eastern Coalfields Limited 21.60
CESC Ltd 17.40
Tata Steel Ltd 14.98
Coal India Ltd. 14.33
NHPC Ltd 13.91
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Theme-wise CSR Spent
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-Education projects received 32% of the total CSR spent while healthcare received 17%
-Technology incubation projects are still at a nascent stage with less than 1% of total
CSR spent
-Swachh Bharat Mission related projects received INR 502 Cr CSR funding, almost
7.3% of the total CSR spent
Theme INR Cr
Poverty Alleviation & WASH 557
Healthcare 1142
Education 2198
Skills Development 376
Gender Equality & Women Empowerment 123
Heritage, Art and Culture 90
Environment & Sustainability 585
Technology Incubation 20
Sports promotion 142
Rural Development 996
Others, Miscellaneous & Admin 642
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Project Implementation Mode
-55% of the CSR projects funding is through implementation partners (NGOs,
government agencies etc)
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About NGOBOX
NGOBOX (a venture of Renalysis Consultants Pvt Ltd) is a development
communication platform helping companies, CSR foundations, NGOs and social
enterprise to network, communicate and find resources online and offline.
We are a leading CSR research platform in the Country with over 50 data-reports on
CSR in India. We help companies and CSR foundations to identify credible CSR
implementing agencies based on thematic and geographic priorities.
With the verified database of over 75000+ non-profits, CSR Teams and social
enterprise, we present immense opportunities for organizations to promote their
products/services with one-click promotion and outreach. A few of our clients are WHO
India, UNICEF, NASSCOM Foundation, Tata Steel, IIM-B, Deshpande Foundation, ITC,
HCL Foundation etc. To know more about us, please visit www.ngobox.org
About CSRBOX
CSRBOX is India's largest Corporate Social Responsibility (CSR) analytics and
information platform. It lists CSR portfolio of companies falling under the ambit of
mandatory CSR as per the Section 135 of the Companies Act 2013. It offers list of
companies, CSR projects, CSR foundations and implementing agencies. Additionally, it
lists CSR service providers and news& reports related to businesses and CSR
foundations.
The platform is the single largest CSR information dashboard for CSR heads, board
members of companies, nonprofit leaders, fundraisers, government agencies and social
businesses to find latest updates in CSR domain in India. The platform is powered by
India's largest social sector platform NGOBOX. For more information, please visit
www.csrbox.org
Contact us at
bhomik@ngobox.org
csr@ngobox.org Shilpi Jain (+91-9560352170)
©Renalysis Consultants Pvt Ltd (NGOBOX)
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