Corporate Social Responsibility in India is arguably the first comprehensive, well-researched book on the subject in the country. The author uses Indian examples, case studies and CSR role models from the Indian industry to explain the gap between Indian business needs and current practices. Practices and researches in economically developed counties have also been used extensively. As the Indian industry begins to enter international markets, it is going to be imperative to integrate CSR with business goals for long-term sustainability and healthy economic, social and environmental impact.
The book helps in understanding the meaning of business beyond financial numbers and tries to explain how even CSR can be used as a marketing tool and for business benefits. It dwells comprehensively upon the concept of CSR, from its inception as ph8ilanthropy till its journey to a form where now it is mandatory to be sensitive about CSR in businesses.This ready reckoner and guide for senior managers, CEOs, CFOs, HR and taxation officials in INdian and multinational companies, management students and academicians approaches CSR as a critical business need, not a philosophy.
Sanjay K. Agarwal is a Chartered Accountant working with organized retail business. His areas of interest include Corporate and Factory Accounts and Direct and Indirect Taxation.
Chapter 6: CSR Reports Assurance
CSR Reports Assurance
The Global Reporting Initiative (GRI) reporting principles require that reported data and information should be recorded, compiled, analysed and disclosed in a way that would enable internal auditors or external assurance providers to attest to its reliability.
The meaning and purpose of the CSR report, like that of any other report, is to inform others about the impact of the initiatives taken so that they can be debated, and plans for the next reporting cycle can be crystallised on the basis of past experience, successes, failures and future outlook.
Sustainability reports contain data that is both qualitative and quantitative in nature. Analysis and usage of this data are worthwhile only if it is consistent in contents and measurement, and the deviations, if ...