CRW focuses on the following broad areas that require due diligence as a part of the Corporate Social Responsibility monitoring.
in the workplace
Business endorses non-discriminatory employment practices (including addressing issues of gender discrimination and workplace disability) and promotes diversity in the workplace (Linked with Principle 3 of NVG: Employee Well Being)
Respecting employee dignity and human rights
Business recognises its responsibility towards creating an enabling environment for workers and prohibits any form of forced labour or child labour (Linked with Principle 5 of NVG: Human Rights
Business recognises its role in fostering community development by addressing local priorities and respecting local concerns and knowledge (Linked with Principle 8 of NVG: Inclusive Growth )
Business recognises its role in creating an environment in which the rights of workers throughout the supply chain are respected (Linked with Principle 2 of NVG: Product Life Cycle Sustainability
Community as business stakeholders
Business recognises vulnerable communities as stakeholders and is responsible and transparent about the impact of its processes on these communities (Linked with Principle 4 of NVG: Stakeholder Engagement)
Policy of favoring members of a disadvantaged group with a quota or reservation. GoI stipulates to reserve specific percentage of jobs or school vacancies for minority communities. In other cases, instead of quotas, minorities are given preference in the selection processes.
To bring about the above changes, CRW (and partner CSOs) has facilitated the below developments to create an encompassing NVG-based index for corporates.
Ministry of Corporate Affairs launches NVGs
Company's Act mandating 2% spending on CSR, passed
Government appoints committees to update NVGs
SEBI mandates top 500 companies to submit
Business Responsibility Report format
CRW does disclosure analysis of top 100 listed companies
Evolve quality of disclosure index; analyse top 10 companies
IRBI-I covers 100 companies; Status of Corporate Responsibility launched
IRBI-II covers 100 com; Status of Corporate Responsibility II launched