~Report was released at the second edition of Godrej’s annual Good Conclave
~CSR efforts of top 100 companies with largest CSR budgets on BSE 500 analysed
Mumbai, February 2, 2017: With an earnest endeavour towards creating a more holistic understanding of skill training in India, the Godrej Industries’ recently held the second edition of its annual Good Conclave. The conclave provided an overview of the entire skilling value chain and addressed the complexities of marginalised communities we operate in. It also witnessed the release of a research report prepared by Samhita Ventures on the CSR efforts of top Indian companies in skill development. The report was the culmination of efforts between the Godrej Industries group, Samhita, UNDP and other corporates.
Inaugurated by Mr. Nadir Godrej, Managing Director, Godrej Industries Limited, the event witnessed an engaging series of panel discussions on diverse views from corporate, government, non-profits, academia and social enterprises. The panel of industry stalwarts such as Clement Chauvet, Chief, Skill and Business Development, UNDP, Pearl Tiwari, President, Ambuja Cement Foundation, and Ajit Chaudhuri, General Manager – Community Services, Tata Sustainability Group, deliberated on the gaps and opportunities in the skill training eco-system such as during pre-training mobilisation and post placement support for migrants.
Dr. Vikas Goswami, Head Sustainability – Good and Green, Godrej Industries Limited and Associate Companies, said, “The last decade has seen increasing interest and investment in the vocational skills space by government, corporates and civil society. However, gaps remain partly because there is too much focus on training and not enough on post training hand holding. This report will assist all stakeholders to understand current corporate CSR initiatives and take informed decisions towards future programmes and improving effectiveness.”
She further added, “At Godrej, we aspire to create a more employable Indian workforce and aim to train one million youth in skills that will enhance their earning potential. We work in collaboration with the government, NGOs and social enterprises to design and run a number of employability training programmes in vocational skills that are relevant to our businesses. The focus of these programmes is to improve the earning potential of our graduates, through skill building and empowerment.”
The report prepared by Samhita Social Ventures, a leading social sector consultancy highlights the CSR efforts of the top 100 companies with the largest CSR budgets on BSE 500 to identify gaps and opportunities in the skills and livelihood value chain. It further provides a roadmap for companies and other stakeholders to overcome these challenges by providing blueprints from existing NGOs. Additionally, data-based evidence of trends in skill training and the evident gaps (pre and post training) are provided in the report.
Ms. Priya Naik, Founder & CEO, Samhita Social Ventures further added, “Developing skills and livelihoods is a cause which, more than any other, is critical for companies to get involved in, since it is the corporate sector that shapes industry demand, sets trends and understands what skills the market needs. Companies have responded to the Skill India Mission with enthusiasm, investing a significant amount in the sector to train and qualify those who need skills. However, monitoring the quality of the training, placing trainees in appropriate jobs and retaining them, and imparting skills linked to market demands are key challenges that need to be addressed. In order to make a significant impact on the future of skilling in the country, we need to ensure that both private and public sector initiatives are geared towards building appropriate skills and creating a culture of continuous learning.”
The event concluded with a special performance by the Budhan Theatre group. The group has been founded by Dr. Ganesh Devy, a Padma Shri awardee for his work on the education and upliftment of denotified and nomadic tribes. It aims to bring about social change by raising awareness about the historical plight of denotified tribes, notably the Chhara community by utilising the talents of the Chharas as natural performers to conduct expressionist theater that emphasise their struggles and issues.
About Good & Green
At Godrej our sustainability strategy, Good & Green, is driven by the desire to help create a more inclusive and greener India. Launched in 2011 as one of our four key imperatives for 2020, Good & Green is based on shared value, a principle that aligns business competitiveness and growth with social and environmental impact. By 2020, we aspire to create a more employable Indian workforce, build a greener India, and innovate for ‘good’ and ‘green’ products. ‘Good’ products are designed to address a critical social issue (e.g. healthcare and sanitation) for consumers at the base of the income pyramid. ‘Green’ products are those that are environmentally sustainable.
Detailed information on Good & Green function of GILAC: http://www.godrej.com/good-and-green.html
About Godrej Industries Limited and Associate Companies
Established in 1897, the Godrej Group has its roots in India’s Swadeshi movement. Our founder, Ardeshir Godrej, lawyer-turned-serial entrepreneur failed with a few businesses, before he struck gold with the locks business that you know today. One of India’s most trusted brands, with revenues of USD 4.1 billion, Godrej enjoys the patronage of over 600 million Indians across our consumer goods, real estate, appliances, agri and many other businesses. You think of Godrej as such an integral part of India that you may be surprised to know that over 25 per cent of our business is done overseas.
We promise Godrejites a culture of tough love; take serious bets on them and differentiate basis performance. We also understand that our team members play multi-faceted roles and so, we strongly encourage them to explore their whole selves. Our canvas is growing. In fact, our Vision for 2020 is to be 10 times the size we were in 2010. We truly believe that while our amazing past distinguishes us, we are only as good as what we do next. Godrej Industries Limited and Associate Companies (GILAC) is part of the Godrej Group. It comprises 5 major companies with interests in real estate, FMCG, agriculture, chemicals and gourmet retail.
About Samhita Social Ventures
Samhita Social Ventures is a leading social sector consulting firm enabling people and organisations to strategically drive change on the ground. We work with companies to create and implement CSR strategies aligned to business objectives. We help philanthropists and foundations address causes dear to them through impact-focused initiatives. Our network of NGOs across India lends immense credibility to our solutions that are custom-made to your needs. We believe in collaboration, effectiveness, sustainability and scale. Join us in our mission of “doing good better”.