About Us

The environment and the economy are really two sides of the same coin. -Wangari Maathai

Do you consciously think about social impact? If you’re reading this, you
probably are.And like you, we do too. A brief introduction is therefore par for the course.

We started small, with a proof of concept for a financial inclusion programme in Assam and Rajasthan (a few years before the enactment of Section 135 of the Companies Act). As we tested the waters, got involved at the grassroots, and undertook extensive field work, we improvised our maiden programme - Mein Pragati - to reach out to excluded communities. What emerged was the realization that social impact requires tremendous investments of time, effort and understanding, so that we as service providers customise solutions allowing beneficiaries to move onward with dignity and confidence to improve the quality of their lives. Getting over stereotypical mindsets of rural women as the only potential target group was just the beginning. Suffice to say, our journey into the depths of community outreach has been exciting.

CRISIL Foundation, as it stands today, is a public charitable trust. Set up in March 2013, we are CRISIL’s corporate social responsibility (CSR) arm, reaching out to socially and economically disadvantaged communities within and beyond our areas of operations.

CRISIL Foundation has bagged the prestigious National Corporate Social Responsibility (CSR) Award, 2020, in the category ‘Corporate Awards for Excellence in CSR’ for financial capability building and environment conservation.

This is the second time in a row that CRISIL has received the accolade, after winning the ‘CSR in Challenging Circumstances, North-East’ award for its flagship programme Mein Pragati in Assam, in 2019.

Our Manifesto

Mission

Empowering people to make informed
financial choices 

Our Manifesto

Vision

Build awareness and capacities of the
financially excluded in India

vision

Value Proposition

Share knowledge and insights backed by data, leveraged by analytical rigour,
credibility and experience 

Shape thoughts, influence policy, set benchmarks to drive strong
social impact

Leverage multiple platforms to drive experiential learning, and therefore,
behavioural change as an outcome

Our programmes

 

 

CRISIL's CSR Annual Action Plan (FY 2023) >

Meet the Team

Maya-Vengurlekar
Maya-Vengurlekar
Abhishek-Neelkanthan-New
Abhishek-Neelkanthan-New
Sunil-Kumar
Sunil-Kumar
anjali-singh
anjali-singh
biswajit-das
biswajit-das
umanath-mishra
umanath-mishra
Pratik-Kochar
Pratik-Kochar
Mayuri-More
Mayuri-More
shreyasi-sit
shreyasi-sit
Tania-Pal
Tania-Pal
Shakti-Bhise-New
Shakti-Bhise-New
Gauri Naik
Gauri Naik
antariksh-das
antariksh-das
Amita-Abhichandani
Amita-Abhichandani
Jyoti-Parmar
Jyoti-Parmar
smruthi-bangera
smruthi-bangera
mukesh-kumar-yadav
mukesh-kumar-yadav

In the Media

March 22, 2018

CSR spending of Indian companies up by 14% in last 2 fiscals: Business Standard

CSR spending of Indian companies up by 14% in last 2 fiscals: ReportIndian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian companies up by 14% in last 2 fiscals: The Smart Investor - Business Standard

CSR spending of Indian companies up by 14% in last 2 fiscals: ReportIndian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian companies rises by 14 percent in two fiscals: The New Indian Express

Indian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 percent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian companies rises by 14 per cent in two fiscals: The Financial Express

Indian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian cos rises by 14% in 2 fiscals: Moneycontrol

Indian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian companies rises by 14% in 2 fiscals: The Economic Times - Indiatimes

Indian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
March 22, 2018

CSR spending of Indian cos rises by 14% in 2 fiscals: OutlookIndia

Indian corporates have upped their corporate social responsibility (CSR) spending, which has seen a 14 per cent rise over the last two fiscals, despite a moderate growth in net profits, says a survey.
April 12, 2017

Results-based management for CSR is important

Since the inception of CSR rules in 2014, CSR programming has received impetus from national and regional stakeholders striving to make a mark in the social sector space in India, in terms of spend, outreach and impact.
September 12, 2016

Financial inclusions: Of opt-out options, RBI dictats, and banks’ ownfoot-dragging

A policy cornerstone of every government in modern India, financial inclusion is the delivery of financial services in the ruraI areas and to the poor and marginalised sections at affordable costs – in other words, segments that banks would not normally serve had it not been for external regulations.
February 05, 2016

Most companies from Tamil Nadu, Haryana and West Bengal spend actively on CSR

About 62% companies based in Tamil Nadu and Haryana proved to be socially responsible by spending atleast 2% of their profits on Corporate Social Responsibility (CSR).
January 21, 2016

Smaller Listed Firms Spent More On CSR Than Biggies, Average Spending At 1.35%

CRISIL Foundation: Total spending at Rs 6,800 crore in fiscal 2015 instead of Rs 12,000 crore
September 01, 2015

Treat CSR benefactors as customers

CRISIL Foundation president Ramraj Pai feels extension of the client-comes-first principle will enable corporates to deliver solutions and services with greater efficiency
March 22, 2018

More corporates outsourcing CSR spending to NGOs

Over the past two fiscals, the amount spent on corporate social responsibility (CSR) has surged at a compound annual growth rate of 14%, despite a lukewarm 5% growth in net profit, an analysis of 1,186 eligible and listed companies by CRISIL Foundation shows.
January 30, 2017

India Inc’s CSR spending rises 22%, bulk of it on education, health

CRISIL Foundation’s analysis of India Inc’s CSR activity last fiscal shows overall spending increased a significant 22%, with bulk of the money going into education, skills development, healthcare and sanitation initiatives.
January 20, 2016

Smaller listed firms spent more on CSR than biggies

Corporate social responsibility, or CSR, spending has been the topic of many a public discussion after being made obligatory under Schedule VII of the new Companies’ Act, 2013.