Download - Impact of social investment
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SoulAce - Overview } SoulAce is a pioneer professional firm in CSR in India working since early 2009 helping
companies in developing, monitoring and evaluating relevant Corporate SocialResponsibility and Sustainability practices
} SoulAce works on strengthening the existing systems and take a structured approachtowards CSR to have sustainable impact in an efficient manner. Its role varies dependingupon the preparedness of a company to handle CSR in terms of its understanding,existing capacity and capability
} Clients vary from companies having strong CSR practices like Tata Group, Aditya BirlaGroup to companies who have just begun planning to create CSR strategy. SoulAceworks together at both corporate level and field level in achieving the desiredobjectives.
} SoulAce has already covered projects in 23 states in India across more than 95 districts.Strong team of professionals with wide experience and strong academic background ofPhDs in Social Science, MBAs, Economists, Engineers, Masters in Social Work etc.
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Strong Geographical Experience: 23 States already coveredState Districts
AndhraPradesh Hyderabad
Assam Guwahati,Kamrup,Dibrugarh, Golaghat,Darang,Barpeta
Bihar Bhagalpur,Katihar, Munger, Begusarai,Saharsa
Chattisgarh Raigad,Raipur
Delhi Delhi
Gujarat Surat,Ahmedabad
Haryana Gurgaon,Faridabad, Mahendragarh,MewatHimachalPradesh Baddi,Hamirpur, Solan
Jammu&Kashmir Jammu,Srinagar,Mendhar
Karnataka Belgaum,Bangalore
MadhyaPradesh Gwalior,Guna,Chindwara,AshokNagar
Maharashtra Mumbai,Pune, Jalgaon, Thane
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State Districts
Mizoram Aizawl,Champhai, Lunglei,Saiha
Odisha Keonjhar, Jajpur,Bhubaneshwar
Punjab Mohali
Rajasthan Jaipur,SawaiMadhopur, MountAbu,Udaipur,Barmer,Chittorgarh
Sikkim SouthSikkim, WestSikkim,EastSikkim
Tamil Nadu Nilgiris,Chennai,Coimbatore,Tirunelveli
Telengana Adilabad
Tripura Dhalai,NorthTripura,Sepahijala
Uttarakhand Haridwar, Pantnagar
Uttar Pradesh Varanasi, Badohi,Mirzapur,Noida,Auriya,Pilbhit, Lucknow,Barabanki,RaeBareily, Gorakhpur
West Bengal Kolkata,Malda,Sunderbans, Jalpaiguri,Madarihat,Haldia
Strong Geographical Experience: 23 States already covered
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SoulAce’s Expertise
PLANNING • Need Assessment
Studies• Baseline Studies• Social Impact
Assessment• Socio Economic Surveys
IMPLEMENTATON• Direct Project
Implementation• Partnership with NGOs• Stakeholder Engagement • Community Ownership• Monitoring and
Evaluation
REPORTING• Social Impact
Evaluation• Social Audit• Social Perception
Studies• CSR Reporting
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Importance of Impact Assessment} CSR Initiative undertaken does not necessarily mean Social Impact has been
created. SoulAce in its various Impact Assessment studies have seen majority ofCSR projects have created negligible impact until now in terms of Sustainability &Needs of the Community
} Example: Wheelchairs were distributed in cluster of tribal villages near companyfactory location, but Impact Assessment study showed none of the wheelchairswere ever used as the village did not have any roads. Therefore SocialInvestment has been undertaken but Impact has not been created
} Impact should be seen by the change the Social Investment has bought in thecommunity and not necessarily only from the number of beneficiaries
} Example: Impact of a Skill Development initiative touching 500 youths should bemeasured by the change in income/work quality it has bought about amongstthe beneficiaries and not only by number of beneficiaries trained
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Parameters to Measure Impact – 1/2StakeholderNeed/RelevanceoftheInitiative} NeedAssessment} Observedneed} CommunityEngagement} PRI/LocalGovt.bodies
SocialImpact/EffectivenessoftheInitiative} Direct&Indirectbeneficiaries} Usability} Accessibility} Behaviouralchanges} Knowledge,AttitudeandPractices(KAP)
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Parameters to Measure Impact – 2/2Sustainability} CommunityOwnership} Maintenance} Durability&Reliability} Aspiration/Opportunity} Stimulationofsustainablebehavior
Organizationvisibility} OrganizationName} Awareness} Information,Education,Communication(IEC)