India CSR News Network
NEW DELHI: On December 21, FICCI had organized the Annual CSR Award function at Federation House, New Delhi. Narendra Singh Tomar, Union Minister for Mines, Steel and Labour & Employment, Government of India was the Chief Guest of the function.
The function was presided over by Smt. Rajashree Birla, Chairperson of the FICCI Aditya Birla CSR Centre. BIMTECH partnered with the FICCI Annual CSR Awards for this year also.
13 companies were awarded in the 15th FICCI CSR Awards 2016. FICCI Corporate Social Responsibility Awards is India’s first CSR awards and was instituted in 1999 by FICCI. The aim of the award is to identify and recognise the efforts of companies in integrating and internalising Corporate Social Responsibility (CSR).
The selection process for the FICCI CSR Awards is extremely competitive and is assessed by an eminent Jury through a 3 tier assessment process. With the enactment of the Companies Act 2013, Companies in India are mandated to spend 2% of their three-year average annual net profit on CSR activities in each financial year as per Schedule VII; the FICCI CSR Award has also re-aligned with the changing paradigm by introducing new categories and assessment process.
The process for determining the top awards used 3 stages of Screening, on site assessment visits and evaluation by an independent jury. The transparent and unbiased assessment process measured the Program quality which included Assessment About Human Resource Management; Strategized Program; Implementation; Administration Procedures; Program Quality; Monitoring And Evaluation, Sustainability and Impact, Scalability and replicability.
An Eminent jury, chaired by Ex-SEBI Chairman, M Damodaran determined the top awardees from the Top 39 list of shortlisted companies out of 139 companies. A total of 139 entries were received this year from various large, medium and small enterprises, out of which the jury selected top 13 companies for their CSR initiatives.
Award winning CSR projects chose varied subjects from Women Empowerment to Education, Skill Development and Livelihood, Environment Sustainability, Health, Water and Sanitation, Post Disaster Rehabilitation, Water Management, Women Empowerment.
Apart from Companies, a NGO Excellence Award was also awarded List of 15th FICCI CSR Award Winners Category
1: FICCI CSR Award for Women Empowerment – Deepak Nitrite Ltd. – Edelweiss Financial Services Ltd. Category
2: FICCI CSR Award for Education, Skill Development and Livelihood – Bosch Ltd. Category
3: FICCI CSR Award for Environment Sustainability – Oil & Natural Gas Corporation Ltd. – RBS Services Private Ltd. Category
4: FICCI CSR Award for Health, Water and Sanitation – ITC Ltd. – GlaxoSmithKline Pharmaceuticals Ltd. Category
5: FICCI CSR Award for Post Disaster Rehabilitation – Gail India Ltd. Category
6: FICCI CSR Award for Water Management – Ambuja Cement Ltd. Category
7: NGO Excellence Award – SPICMACAY Special Jury Recommendations to Category 2: FICCI CSR Award for Education, Skill Development and Livelihood – Chambal Fertilizers & Chemicals Ltd. Category 3: FICCI CSR Award for Environment Sustainability – Larsen & Toubro Ltd. Category 5: FICCI CSR Award for Water Management – KPIT Technologies Ltd. Category 8: FICCI CSR Award for Small & Medium Enterprises (SMEs) – Delhi Aviation Fuel Facility Pvt. Ltd.