A Complete Guide on Social Responsibility Audit in India
The importance of addressing social and environmental challenges while ensuring financial viability. As organisations increasingly seek to balance their for-profit objectives with social responsibility commitments, the concept of social auditing has become increasingly important. What is a Social Responsibility Audit? A social responsibility audit in India : To assess whether project/program/work-based activities are functioning following the stated strategic intent and plans. Evaluate stated performance in terms of impact/outcomes. Suggest ways to improve impact measurement and/ or performance through management letters. Is social responsibility audit a new concept like the social stock exchange? No, social responsibility audit is not a new concept in India. The concept of social audit was first introduced in the 1990s as a means of assessing the performance of rural development programs. It has since spread to various sectors, including education, heal...