Corporate Social Responsibility (CSR) – the way forward

Blog 6

Corporate Social Responsibility (CSR) – the way forward

With the government mandating companies to plough back at least 2% of their net profit for bettering society i.e. in their CSR activities, with detailed guidelines as to what constitutes and what does not constitute as a CSR activity, one would think that CSR as a subject would be an open and shut case.

A research study done by Harvard Business School, suggests otherwise. It states that while companies have been performing varying activities with the purpose of conserving the environment or improving the lives of the society they depend on, the efforts have been more or less unstructured. While the definition of CSR is clear �€” creating shared value (economic value for the company and value generation for society) �€” the CSR efforts by companies range from outright philanthropy to sustainable practices to achieving shared value.

While the unstructured approach toward CSR may have worked for the companies until now, there is a need to create a cogent CSR Policy to integrate it with the business goals and objectives. And though some companies are doing good work in the field of CSR, they suffer from poor coordination as most of the efforts are run by internal managers. No active participation from the top management like the CEOs makes the CSR domain rife with indiscipline, lack of coherence in the portfolio and alignment with the mission and vision of the company.

To maximize the impact of their CSR efforts, the board must formalize their CSR policy and strategies. They must then take inventory of all activities being run by the company to prune, tweak or align the activities so that they fall under the ambit of the policy.

One such activity which every company must ensure, not only as a matter of CSR but also as a matter of urgency, is number of women in the workplace. By addressing gender equality through activities, policies, trainings, Sensitisation programs, strategies, etc. companies can tap into the talented resource pool represented by female employees.

Complykaro is committed to make certain that companies comply with their legal obligations; integrating consultancy, legal counseling and Sensitisation training to ensure safe environs for a company’s workforce. With the correct training programs in the workplace, companies can improve their goodwill in the market.

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Ashish Singhania (Co-Founder & Director)

Ashish Singhania

Credited with 25 years of experience, this astute businessman passionately promotes what he believes in: workplace safety which in turn helps employees get more productive. A commerce graduate of Sydenham College, his background in finance has helped him scale heights in stocks and real estate and made him a well-known industrialist, today. But after having achieved astounding success in the financial market and real estate business, he did not want to rest on his laurels. He always had a strong desire to do something for society and he could forsee the importance of compliance and the safety of women at the workplace. Being a man with deep rooted values at heart he decided to partner the cause and help bring about a change.

 

 

Prem Rajani (Co-Founder)

Prem Rajani

Prem Rajani is the Managing Partner of Rajani Associates a full service national law firm, with experience spanning over two decades. Having passed his LL.B. examination from Government Law College, Mumbai in May 1990, he went on to then pass the Solicitors examination conducted by the Bombay Incorporated Law Society in March 1992 and later the Solicitors examination conducted by the Law Society, London, in April 1994.

 

Mr Rajani had the opportunity to handle numerous matters relating to Foreign Exchange Laws along with FDI Policy which was introduced in India in 1991 and also saw the advent and evolvement of FEMA and was likewise involved in numerous matters on FEMA with the gradual opening up of various sectors, he continued to gain knowledge in each of them and build on his expertise. Today, Prem Rajani is an expert on many laws and uses this expertise in structuring deals and finding solutions to complex situations. A client is never unsatisfied after meeting Prem Rajani

 

Although Prem Rajani created a niche for himself in corporate practice, he has also honed his skills in specialised fields such as conveyance and litigation. This diverse enrichment in various categories, has helped him evolve into a towering personality, in his field.

 

 

Sangeeta Lakhi (Co-Founder)

SANGEETA LAKHI

Sangeeta Lakhi is a Senior Partner with Rajani Associates and has been instrumental in the Firm’s development and growth. She passed her LL.B. examination in 1993 and carries with her vast and varied experience spanning 21 years. Sangeeta Lakhi heads the International Capital Markets as well as the Banking & Finance Practice of the firm. She also advises clients in General Company Law, Exchange Control and SEBI corporate matters.

 

 

Neha Kedia (VP & PoSH ICC Member)

SANGEETA LAKHI

Neha is an External Member of the Internal Complaints Committees of multinational companies, listed companies, associations and various other companies. Neha has a deep understanding of the PoSH law with more than 5 years of relevant experience to conduct a neutral, unbiased, fair and time bound redressal of sexual harassment complaints at the workplace.

 

Neha is very passionate about women’s rights and is a huge advocate for equality at the workplace. Neha is a Commerce graduate from Sydenham College, Mumbai and has completed her Post Graduation Certificate course in Human Rights from Government Law College & Hurt Foundation, Mumbai.

 

Neha as over the past 15 years gained significant experience in customer relationships and networking while heading the Personal Travel division at Ramniranjan Kedia Tours & Travels Pvt. Ltd. Neha is a keen student of human nature and excels in client interaction and retention. Neha has been known to drive her teams to achieve targets and aptly service demanding client requirements and currently looks after network building and crystallizing marketing strategies for Complykaro, an idea she has been part of since it’s inception.

 

 

Rishab Bhuwalka (Relationship Manager)

Rishabh

Rishab is the single point of contact from Complykaro for various associations. Rishab works towards increasing the visibility and brand value of Complykaro by playing a vital role in planning and executing both online and offline marketing strategies and managing Complykaro’s social media platforms. Rishab manages the end-to-end development of online training modules on various subjects relating to compliance and ethical business practices to increase Complykaro’s bouquet of services. Rishab is also responsible for client on-boarding, client support and operations. Rishab is an Internal Complaints Committee (ICC) Member of Complykaro’s ICC.

 

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    Mr. Vishal Kedia (Founder & Director)

    Vishal

    Areas of Expertise:

    • Eloquent orator about sexual harassment of women at workplace, its organizational ramifications,and preventive measures.
    • Acclaimed PoSH and Code of Conduct trainer.
    • Subject Matter Expert on corporate compliance.
    • Avid reader regarding compliance issues and court judgements to be abreast with the latest

    Education:

    • Bachelor of Commerce (B. Com), Sydenham College
    • Master of Business Administration (MBA), National University of Singapore
    • Diploma, Business Finance, ICFAI, Hyderabad

    Being a fierce entrepreneur, an acknowledged speaker about harassment of women at workplace and a reputable PoSH trainer, Mr. Vishal Kedia actively helps companies function smoothly by creating a compliant workplace for them.

     

    He has trained over 40,000 Internal Complaints Committee (ICC) members, numerous corporate leaders & their employees across industries and lawyers of prestigious law-firms through his classroom seminars for PoSH training.

    Adding to his roaring success, Mr. Vishal Kedia has won “101 Top Global Diversity & Inclusion Leaders Award” at 27th World HRD Congress, “Global Diversity & Inclusion Leadership Award” at 25th World HRD Congress and “The Leading CEO of the Year Award” at the 6th Annual Greentech HR Awards.

     

    He has been a compelling speaker on the prevention and corporate consequences of sexual harassment of women at the workplace and the PoSH Act at various esteemed public events organised by NASSCOM (National Association of Software and Service Companies), ICSI (Institute of Company Secretaries of India), ICAI (Institute of Chartered Accountants of India), ASSOCHAM (Associated Chambers of Commerce and Industry of India), PHDCCI (PhD Chamber of Commerce and Industry) among others. Mr. Vishal Kedia is also a celebrated member of the prestigious HRD Network.

     

    By the virtue of his tremendous compliance expertise beyond just the PoSH Act, Mr. Vishal Kedia has conducted several training seminars for Whistleblower Committee Members of distinguished corporates for undertaking potent investigation pertaining to the violation of the code of conduct.

     

    Moreover, he has contributed to a number of notable publications:

     

    • Experts Pharma
    • Express Healthcare
    • BSE Broker’s Forum
    • Compliance & Ethics Professional, etc.

     

    Testimonials specifically for Mr. Kedia:

     

    “Vishal is very engaging facilitator, use of case study, live media example, court judgements were the key highlight of session. Thank You”

     

    Reliance Industries, Ltd.

    “It was a very good training. Vishal shared a lot of practical scenarios. Overall it was an informative session. Good job!”

     

    IDFC First Bank

    “What I was amazed with was not one question was left unanswered or even ambiguous by Vishal. Very clear informative seminar.”

     

    Nadiadwala Grandsons

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