presentation by dharmesh jain on credai csr initiatives & awards

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CSR INITIATIVES & AWARDS Dharmesh Jain Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi

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Page 1: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

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CSR INITIATIVES & AWARDS

Dharmesh Jain Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi

Page 2: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

CSR & Real Estate Sector

§  CREDAI is the backbone of real estate sector in the country. The real estate sector contributes as one of the important growth engines of the Indian economy.

§  As the sector gains strength, the economic health of the nation improves. However, apart from economic nation building, this sector is active in creating sustainable living across the country.

§  The real estate fraternity is a socially responsible community which has demonstrably carried out large amount of social and charitable efforts.

§  Real Estate Developers build Schools, Hospitals, Skill Development Centers, Educational Institutions, Places of Worship, Old Age Homes, Care Centers, Child Centers, Roads and Gardens & Play-grounds etc.

§  It is the endeavor of the CREDAI’s National Team to bring a social revolution in the country.

Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi Dharmesh Jain 16/12/15 2

Page 3: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

CSR Objectives

§  To facilitate synthesis of CSR and Sustainability initiatives of developers (CREDAI Members) across the country.

§  To issue policy directives on the subject, and to devise an appropriate corporate communication strategy.

§  Encourage and motivate adoption of best practices.

§  Become role models for others to emulate.

§  Encourage employees to stay committed to CSR.

§  Create strategies for improvement in operational standards.

§  Recognize outstanding contribution to CSR.

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Page 4: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Implementation – CREDAI CSR Foundation

§ CREDAI CSR Foundation has been registered on May 18, 2015 with social and charitable works and CSR projects as its main objects.

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Page 5: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

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CSR INITIATIVES

Page 6: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

CREDAI – EDUCATIONAL SCHOLARSHIP FUND (CESF)

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Page 7: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Objectives

CREDAI – Educational Scholarship Fund (CESF):

•  Professional education has an important role to play in broadening horizons and encouraging competitive thinking. We believe that a lack of resources should not preclude promising students from accessing all opportunities and developing their full potential.

•  CESF is proposed to be instituted with the objective of promoting higher education by offering scholarships to qualified students who are pursuing full-time degree/post-graduate degree courses associated with real estate sector / allied industries.

•  CREDAI will play a pivotal role in creating a student population adept with professional

knowledge and given the opportunity, such individuals/students will be able to achieve their full potential and assume leadership positions to contribute towards the nation's economic development.

Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi

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Page 8: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Target for the CESF Corpus Fund

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RS. 10 CRORES

EVERY MEMBER IS URGED TO COMMIT A MINIMUM AMOUNT OF ₹ 10,000/-

Page 9: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

CESF – Star Pledgers

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Theamountscommi.edtoCREDAICSRFounda8onareasfollows: i. Mr.IrfanRazak–₹ 1Crore ii. Mr.Sa8shMagar-₹ 1Crore iii. Mr.ShekharPatel-₹ 1Crore iv. Mr.DharmeshJain-₹ 1Crore v. Mr.GetamberAnand-1Crore vi. Mr.ManojGuarcommi.ed–₹ 1Crorevii. Mr.RajeshPrajapa8-₹ 50Lacsforeduca8on viii. Parsavnath-₹ 25Lacs ix. Arohi-₹ 25Lacs x. Safalgroup-₹ 25Lacs xi. Suryogya-₹ 25Lacs xii. Mr.DineshPatel-₹ 25LacstowardsCSRac8vi8es xiii. CREDAITamilNadu(Mr.RameshBafna)-₹ 25Lacs

Page 10: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

CESF – The Way Forward

§  The CREDAI Scholarship fund will be utilized towards scholarships to deserving students.

§  Approx. 2000 students can be covered with this corpus fund.

§  CESF will be the bridge for the students to cater to the funding of their education. CREDAI will initiate the necessary tie-ups with leading national banks to provide educational loans to these deserving students.

§  In this manner, CREDAI will a pool of trained professionals especially specializing in the real estate sector who can be an asset to the real estate industry.

§  CREDAI will absorb these trained professionals in their member-developer companies. This will provide employment guarantee for these highly skilled and trained professionals.

Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi

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Page 11: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

EVOLVE GREEN SPACE

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Development of Sports-based playgrounds

Page 12: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

§  Developers across the country have the ability to create one of the dying needs of the availability of play-grounds for young budding talent.

§  An analysis at the grass root level shows absence of world class infrastructure facilities and sporting equipment as a major cause for lack of development of Sports Sector in India.

§  CREDAI endeavours to build a world class sports infrastructure and make available the best sporting technology and equipment, which is vital to development of sports.

§  Developers across India will take up this cause of developing Green Spaces in the form of multi-sporting arenas.

Objectives

Presentation at the CREDAI CONCLAVE – December 16 2015 at New Delhi Dharmesh Jain 16/12/15 12

Page 13: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

§  Create employment opportunities for sportsmen, coaches, trainers, medical professionals, fitness experts apart from employment in maintaining and operating the infrastructure facility.

§  Create a larger talent pool of players for India to leverage through encouragement to mass participation in sports.

§  Encourage people to pursue sports as a professional career option. Career oriented programmes for athletes to help them effectively manage their sporting career.

§  Strong sports culture will make India’s super economic growth story more inclusive and respected in the international community

Objectives (continued)

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Page 14: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Implementation

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Ø  Collective Development: Developers across the country routinely as part of the infrastructure development undertake developent of recreational grounds.

Ø  The need is of bringing about a synthesis of this activity into a specialized and collective development which will have far reaching results and statistics.

Ø  Developers can parnter with their respective Governments / Corporations to take

on the mantle of creating Green Spaces and developing an Organized Playfields / Playgrounds.

Ø  Every State Association should pleadge to create atleast 1 ideal playground.

Page 15: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Develop Playgrounds Into Multi-sports arenas

§  We have researched about the best facilities one can assimiliate in variable space areas.

§  Goal of transforming grounds into a hub of multi-sporting activity.

§  We have propounded Prototypes that can be provided to factor in the development of playgrounds as per space availability. We have come up with prototypes for the ideal sports play grounds for areas such as 3 acres, 6 acres, 14 acres and 25 acres of land, along with the costs for developing these grounds, as well as operating & maintenance costs.

§  These playgrounds should work on a co-operative basis, where-in the playgrounds are shared between the community and the school/s in and around the areas of these playgrounds.

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Page 17: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

REFERENCE IMAGE FOR ELEVATED TRACK

Page 18: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

REFERENCE IMAGES FOR CYCLING AND JOGGING TRACK

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REFERENCE IMAGES OF ENTRANCE PLAZA

Page 20: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

REFERENCE IMAGES FOR OUTDOOR GYM

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REFERENCE IMAGES FOR CHILDRENS FITNESS AREA

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REFERENCE IMAGES FOR PROPOSED HARDCOURTS

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REFERENCE IMAGE FOR PROPOSED I.A.A.F. STANDARDS RUNNING TRACK FOR 400 METERS : (INTERNATIONAL ASSOCIATION OF ATHLETICS FEDERATIONS)

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REFERENCE IMAGES CRICKET GROUND AND NET PRACTICE

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REFERENCE IMAGES FOR FOOTBALL GROUND

Page 26: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

REFERENCE IMAGES OF INDIAN SPORTS

Page 27: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

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Page 28: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Instituting: CREDAI’s CSR AWARD

§  CREDAI wishes to celebrate the community spirit of the real estate sector by instituting a series of CSR awards exclusively for the CREDAI community.

§  We wish to move CSR beyond the statutory requirements of the new Companies Act (Section 135 : 2% of the average net profits), to touch ordinary lives.

§  The CREDAI’s CSR Awards would like to celebrate and honor the real estate sector’s commitment to social development embodying the principles of corporate responsibility in their business philosophy and operations.

§  The award will acknowledge efforts of the companies which engage in CSR in a strategic and systematic manner and integrate it with their overall corporate strategy.

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Page 29: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Assessment Partner

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Page 30: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Methodology

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Ø  National Awards: Nominations were open to Members of any of Chapters of CREDAI (National / State / City / Town).

Ø  Awards to be given at an All-India (National) Level.

Ø  Nominations were be submitted by Individual Developer Companies (CREDAI Members) as well as CREDAI State Associations.

Ø  Incase of the CREDAI State Association the CSR Activity should have been undertaken by the State Association, as a CREDAI State Association.

Ø  Zonal Winners: During the process an analysis was done by CRISIL basis: Region-wise i.e. East / West / North / South, the best zone-wise winner/s will declared (Zonal winners will be presented with a Certificate of Appreciation). This was a back-end process of CRISIL.

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Award Categories

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Award Assessment Process

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Ø  The entries were evaluated on the basis of the information submitted in the pre-specified format of application (application docket prepared by CRISIL) and supporting documentation furnished.

Ø  CRISIL team of analysts evaluated the information sent and used an internal (CRISIL) scoring

model which assessed the projects on the set parameters / weightages. Ø  The top 3 scoring entries from each category were invited for a Jury round, wherein the

applicant made a 15-minute presentation in a prescribed format. Ø  A total of 150 entries across 54 developers from across India were received. Ø  33 entries were short-listed for the Jury Round.

Page 33: Presentation by Dharmesh Jain on CREDAI CSR Initiatives & Awards

Jury Panel – Round

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Ø  Jury Round: A 4-member Jury Panel was constituted. Jury Round was conducted by CRISIL which was held on December 9-10, 2015 in Mumbai.

Ø  Jurists: Eminent Personalities from the specialized fields having immense knowledge and

experience in CSR domain were engaged for the jury round. Ø  Jury Panel comprised of:

# 1: Dr. Sangeeta Sharma, Director, National Ecology & Environment Foundation, Mumbai. # 2: Prof. Girish Agarwal, Centre Coordinator, Centre for Rural Infrastructure and CSR, IRMA- Anand. # 3: Ms. Yashashree Gurjar, CEO, Avantha Foundation, Pune. # 4: Mrs. Maya Vengurlekar, COO, CRISIL Foundation, Mumbai.

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National Winners: The scores from the short-listing process (CRISIL) and Jury round were totaled to an aggregate score by CRISIL to decide the winner in each national award category. Zonal - leve l Winners fo r certificates of appreciation were decided by CRISIL for entries, who scored fairly high in their category.