Noida, 25/10/2024 — Global Capability Centers (GCCs) continue to set a high standard for corporate social responsibility (CSR), embedding mature global mandates into their organizational DNA. By adopting best-in-class practices, GCCs are not only aligning with global standards but also creating opportunities for other companies to benchmark their own CSR initiatives. These practices contribute significantly to social well-being, ensuring a measurable, long-lasting impact.
Key strategies adopted by GCCs include:
Structured Governance Beyond Spend
GCCs commit to a minimum investment of 2 percent or more, with a focus on outcomes rather than just spend. By aligning with the UN Sustainable Development Goals and the Indian Companies Act 2013, these centers follow structured measurement and reporting frameworks, ensuring a global standard of accountability.
Promotion of Structured Volunteering
GCCs are dedicated to creating unique volunteering events and voluntary donation schemes for employees. They encourage their workforce to actively participate in volunteer work, offering time off to work with NGOs or take on pro-bono projects, fostering a culture of giving back to the community.
Programme Sustenance and Long-Term Impact
Collaborating with NGOs, GCCs invest time in understanding on-ground issues, co-developing social programs that offer both immediate and long-term impact. These sustained efforts contribute to more robust and scalable outcomes for communities.
Clear Communication with Employees
GCCs ensure strong internal communication regarding CSR initiatives, empowering employees to take ownership of their involvement. By providing clear information about volunteer opportunities, employees are kept well-informed and motivated to contribute.
Leveraging Inherent GCC Talent
By applying digital skills and offering strategic advice, GCCs enhance NGO processes and scale social impact. Their collaboration with NGOs on technology-based solutions ensures a more efficient and impactful outcome, benefiting communities at large.
Leadership Involvement in CSR Strategy
Leadership training within GCCs now includes social impact sensitivity, with time dedicated to developing social strategies. This structured involvement enhances empathy and ensures future CSR guidelines are deeply embedded in the organization’s culture.
GCCs also emphasize collaboration among themselves to drive a more holistic and sustainable social impact. By working closely with government bodies, NGOs, and local communities, GCCs aim to identify and address areas of high need, ensuring interventions are targeted and effective.
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For more information, contact:
Aniket Gautam
1204106722