Page 132 - Index
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PRINCIPLE 8: Businesses should promote inclusive growth and equitable development
Essential Indicators
1. 2. 3. 4. 5. Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in the
current financial year
Databook
Not applicable. However, we undertake impact assessment of our CSR projects. Refer Table 24 (a) on Pg. 143 of the
Provide information on project(s) for which ongoing Rehabilitation and Resettlement(R&R) is being undertaken
by your entity
Not Applicable
Describe the mechanisms to receive and redress grievances of the community.
In areas where the Crisil Foundation is undertaking long-term CSR projects, an on-ground field team is available at
the community level to address and respond to any grievances from the community. This is done either face-to-face
within the office premises or over telephonic call — gauging the level of the grievance. In addition, each programme
has a designated manager from the Crisil Foundation, who periodically monitors and interacts with the teams and
beneficiaries to gather feedback and address their queries/concerns, if any.
Percentage of input material (inputs to total inputs by value) sourced from suppliers
Please refer to table no. 24 on pg. no. 143 of the Sustainability Databook
Job creation in smaller towns
Disclose wages paid to persons employed (including employees or workers employed on a permanent or
non‑permanent / on contract basis) in the following locations, as % of total wage cost
Please refer to table no. 12(a) on page 138 of Sustainability Databook
Leadership Indicators
1. 2. Provide details of actions taken to mitigate any negative social impacts identified in the Social Impact Assessments
(Reference: Question 1 of Essential Indicators above
Not Applicable
Provide information on CSR projects undertaken by your entity in designated aspirational districts as identified
by government bodies
Crisil Foundation is currently working with the socially and economically underprivileged communities in some of the
most difficult geographies.
Mein Pragati, the flagship CSR programme, is currently being implemented in more than 5,200 villages of Assam and
Rajasthan. This programme is facilitated through a well-trained, all-women community cadre of sakhis. The cadre has
helped address the last-mile constraints in awareness and access to financial services and supported more than 3
million rural community members, by facilitating access to banking, and other financial, and social security schemes.
Crisil Foundation’s efforts through Mein Pragati have led to a larger partnership – the MoneyWise Centre for Financial
Literacy (CFL) project – which is being implemented in India with support from the Reserve Bank of India (RBI), 11
public sector banks and the NABARD. This project scales-up Crisil Foundation’s financial awareness and inclusion
efforts through 675 CFL projects across 100,000+ villages in 14 states and four union territories. By building timely,
relevant and trusted centres of knowledge, such as the CFL, Crisil has taken a firm step towards enabling the last-
mile financial inclusion, critical to the country’s long-term development.
Assam
Impact and reach as of December 2024 *
Number of districts : 24
Number of blocks : 73
130 Annual Report 2024