Corporate Social Responsibility Project Proposal

CSR Project Proposal

Industry Guide:  Mr. Bibhuti Pradhan

CSR Professor: Nishigandha Bhuyan

Project Topic:  To develop CSR index for Indian Oil Corporation Limited

Objectives:

1. To formulate a CSR index for different projects under IOCL
2. Analysis of at least one project using CSR index

Methodology:[pic 1]

Let say,

N1: number of CSR projects under Health & Medical care

C1: Cumulative CSR index value for these N1 projects

N2: number of projects under expansion of education

C2: cumulative CSR index value for these N2 projects

N3: number of CSR projects under clean drinking water supply

C3: cumulative CSR index value for these N3 projects

Overall CSR Index:                       N1*C1+N2*C2+N3*C3

                                        (N1+N2+N3)

Steps to be followed:

1. Top down approach is used.
2. Compare spending on CSR activities as a percentage of PAT.
3. All CSR activities are splitted in three categories as mentioned in diagram above.
4. Analysis of projects in Health & Medical care category

-formulation of questionnaires (say 10) for individual project taking in to considerations like society, consumer, etc.

-analysis of questions on a scale (0-5 say) through responses

- calculating score out of max 50 for each project

-weights being assigned to each project in the ratio of budget allocated for each project e.g., h1, h2, hn1

-calculate the weighted average which will be C1

1.  Analysis of projects in expansion of education category

-formulation of questionnaires (say 10) for individual project taking in to considerations like stakeholders involved, improvement in literacy rate, etc.

-analysis of questions on a scale (0-5 say) through responses

- calculating score out of max 50 for each project

-weights being assigned to each project in the ratio of budget allocated for each project

-calculate the weighted average which will be C2

1. Analysis of projects in supply of clean drinking water category

-formulation of questionnaires (say 10) for individual project taking in to considerations like environment, consumer, etc.