Making a Positive Impact: A Career as a Responsibility Manager in IndiaGouri Datta | February 28, 2023
A career as a Responsibility Manager in India is an exciting and challenging opportunity for those interested in making a positive impact on society and the environment. This role involves managing a company’s social and environmental responsibility initiatives, and ensuring that they align with the company’s values and goals.
One of the main objectives of a Responsibility Manager is to develop and implement a comprehensive corporate social responsibility (CSR) strategy. This includes identifying areas where the company can make a positive impact, such as education, healthcare, and environmental conservation. The manager must also work closely with other departments within the company, such as marketing and human resources, to ensure that the CSR strategy is integrated into the company’s overall business plan.
Another important responsibility of a Responsibility Manager is to ensure that the company is in compliance with all relevant laws and regulations related to CSR. This includes monitoring and reporting on the company’s environmental impact and working with government agencies to ensure that the company is meeting all necessary standards. The manager must also be reasonably familiar with the various CSR initiatives and programs that are being undertaken in India by the social sector.
In addition to these responsibilities, a Responsibility Manager must also have excellent communication and leadership skills. They must be able to effectively communicate the company’s CSR initiatives to both internal and external stakeholders, and must be able to inspire and motivate employees to get involved in these initiatives. They must also have strong project management skills, and be able to oversee the implementation of CSR projects from start to finish.
The growth of CSR as a career in India has been significant in recent years. According to a report by the Confederation of Indian Industry (CII), the CSR market in India is expected to grow at a CAGR of 15% between 2020 and 2025. This is driven by increasing awareness of the importance of CSR among both companies and consumers, as well as government initiatives and regulations that encourage companies to engage in CSR activities.
Additionally, a study by the Indian Institute of Corporate Affairs found that the number of companies spending on CSR activities in India has increased by 40% between 2014 and 2019. This indicates a growing trend of companies recognizing the value of CSR and investing in these initiatives.
Furthermore, the Companies Act 2013, has played a major role in the growth of CSR as a career in India. Under this act, companies with a net worth of INR 500 crore or more, or a turnover of INR 1000 crore or more, or a net profit of INR 5 crore or more, are required to spend at least 2% of their average net profit for the immediately preceding three financial years on CSR activities. This has led to an increase in the number of CSR positions and CSR Departments in companies.
In terms of job opportunities, there has been a significant increase in the number of CSR-related job openings in India in recent years. According to data from the National Skill Development Corporation (NSDC), the demand for CSR professionals in India is expected to grow by 20-25% in the next five years. This includes positions such as CSR managers, sustainability managers, and CSR coordinators.
Those interested in a career as a Responsibility Manager in India should consider obtaining a degree in fields such as environmental science, business administration, or social work. Additionally, relevant experience in CSR or sustainability can be beneficial. In terms of career progression, a Responsibility Manager can move up to a higher position in the company such as CSR Head or Sustainability Head. They can also move to different sectors like NGOs, consulting firms and government agencies.
To sum up, a career as a Responsibility Manager in India is an exciting and challenging opportunity for those who are passionate about making a positive impact on society and the environment. It requires strong leadership, communication, and project management skills, as well as an understanding of corporate social responsibility and sustainability. With increasing demand for these skills, a career as a Responsibility Manager can be a rewarding and fulfilling choice for those interested in making a difference in the world.