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Ensuring Sustainable Futures: The Significance of WASH (Water, Sanitation & Hygi

This presentation talks about the importance and impact of WASH (Water, Sanitation & Hygiene) on CSR initiatives in India & the role of a CSR consulting firm in implementing WASH programs.

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Ensuring Sustainable Futures: The Significance of WASH (Water, Sanitation & Hygi

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  1. ENSURING SUSTAINABLE FUTURES: THE SIGNIFICANCE OF WASH (WATER, SANITATION & HYGIENE) IN CSR INITIATIVES IN INDIA • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com

  2. INTRODUCTION • Corporate Social Responsibility (CSR) initiatives in India have gained prominence as companies increasingly recognize their responsibility to contribute to social and environmental well-being. One area that has emerged as a focal point for CSR endeavors is Water, Sanitation, and Hygiene (WASH). As per the India CSR Outlook Report 2023, 26% of the companies have Healthcare and WASH as their first CSR priority. Followed by Environment and Sustainability with 23% and Promotion of Education with 18%. • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com

  3. WASH: A CORNERSTONE FOR SUSTAINABLE DEVELOPMENT • Water, sanitation, and hygiene form the basic building blocks for a healthy and productive society. Access to clean water, proper sanitation facilities, and hygiene education are essential for preventing diseases, improving overall health, and enhancing the quality of life. In India, CSR initiatives focused on WASH play a crucial role in addressing social inequalities and promoting sustainable development. • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com

  4. IMPACT OF WASH • Effect of improved Wash can be immense - whether it is health, life expectancy, or education. For example: In June 2023, a revolutionary report by the World Health Organization underscored the remarkable impact of India's 'Har Ghar Jal' initiative. According to the findings, the provision of safely managed drinking water to every household in the country has the potential to prevent close to 400,000 deaths attributed to diarrheal diseases. Additionally, it could avert approximately 14 million Disability Adjusted Life Years (DALYs) associated with such ailments. This significant accomplishment is projected to yield substantial cost savings, estimated at up to $101 billion. (Source: press information bureau Government of India Press Release: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1993593). There is also a general belief that clean water and sanitation can have significant impact on school enrollments. • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com

  5. THE ROLE OF CSR CONSULTING SERVICES FIRM IN IMPLEMENTING WASH PROGRAMS • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com • Need Addessment • Stakeholder Engagement • Guidance and Implementation • Monitoring and Evaluation • Compliance and Reporting • Conduct comprehensive needs assessment to identify the specific WASH challenges in the target communities • Foster collaboration between different stakeholders, critical for the success of WASH initiative • Necessary guidance in designing projects that are sustainable, in accordance with the law and are aligned with the company's core values • Develop metrics and evaluation frameworks to measure the social, environmental, and economic impact of WASH projects • Guide the corporate in preparing accurate and transparent CSR reports covering the project details as required under the law

  6. CONCLUSION • In conclusion, the significance of WASH in CSR initiatives in India cannot be overstated. Access to clean water, proper sanitation, and hygiene education are fundamental rights that contribute to the overall well-being of communities. Companies that integrate WASH into their CSR strategies not only fulfill their social responsibilities but also contribute to the sustainable development of the regions in which they operate. • CSR consulting services firms play a crucial role in ensuring the success of WASH projects. Their expertise helps businesses navigate the complexities of CSR, from project design to implementation and evaluation. By partnering with such consulting firms, corporations can enhance the impact of their CSR initiatives and contribute meaningfully to the advancement of WASH and sustainable development in India. • +91 8506860903 • contact@thinkcapadvisors.com • www.thinkcapadvisors.com

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