Unihack 2024: Corporate Social Responsibility Strategy

To develop and implement initiatives that positively impact society and the environment while aligning with the company's core values and business objectives. Select a company of your choice and draft a CSR plan for them.

Close on 09 Nov, 2024

Online
Mode
08 Nov, 2024
Project Starts
17 Nov, 2024
Project End
sustain-banner-green

Project Description

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Join us for the Opening Session on 8th Nov 2024 at 16:00 GMT, where we’ll break down all the details you need to know about the hackathon. If you’re registered (or planning to), we highly recommend tuning in! 

 

To grab the webinar link, click the 'Register Now' button at the top of the page.

 

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Scope of the project:

1. Define Project Objective:
- Develop a comprehensive CSR strategy that aligns with the company's core values and business objectives.
- Specify why the company needs a CSR strategy

 

2. Identify Key Focus Areas for CSR:
- Environmental sustainability
- Supporting education and health for local communities
- Community engagement and development
- Sports sponsorship
- Art and culture

3. Stakeholders:
- Identify and engage internal stakeholders (executives, employees, board members) and external stakeholders (customers, shareholders, community, NGOs).

4. Budget and Performance:
- Specify the financial resources allocated for the CSR initiatives.
- Develop key performance indicators (KPIs) to measure the success of the CSR strategy.

Approach:

1. Research and Analysis:
- Conduct a SWOT analysis to understand the company’s strengths, weaknesses, opportunities, and threats in the context of CSR.
- Analyze industry benchmarks to identify best practices.

2. Strategy Development:
- Define the CSR vision and mission.
- Establish CSR objectives tied to the company's strategic goals.

3. Validate and Refine:
- Develop a detailed action plan specifying tasks, responsibilities, and timelines.

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What you need to submit


For Phase One, you must create an A3, PDF poster to outline your idea or project. This poster should include the following information: 

  • What is the problem statement
  • What the idea is
  • How does it solve the problem outlined in the problem statement
  • How scalable is it
  • What resources and timeline do you need for your idea
  • How is your idea different from other solutions
     

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Deliverables

Presentation document

Judging Criteria

  • Creativity: How creative is your proposal?
  • Impact of the project: How many people can benefit from your proposal?
  • Feasibility: Is it an idea that could replicated in real-world conditions?

Tags

  • Critical Thinking
  • Presentations
  • Verbal Communication
  • Planning
  • Organizational Skills