Global Capability Centers (GCCs) Champion Sustainable Social Impact through Empathy and Service in India

October 19, 2024 - India’s complex social landscape presents a unique set of challenges spread across its vast terrain and rich cultural nuances. Global Capability Centers (GCCs) are leveraging their skillsets and an approach deeply rooted in service and empathy to create lasting social impact. India, as the first country to mandate corporate social responsibility (CSR) investments, has paved the way for businesses to address societal challenges, and GCCs have risen to the occasion.

Adopting mature practices aligned with the UN Sustainable Development Goals, GCCs in India are estimated to spend US $100 million (approximately INR 750 crores) annually on CSR activities. However, their impact transcends financial contributions. Their digital initiatives and employee-driven volunteering efforts consistently exceed the mandatory 2 percent of average net profits, making a profound and sustainable impact on Indian communities. Often, GCCs act as conduits for global funds from their parent companies to invest in India, targeting critical social initiatives that enhance their global reputation and build strong stakeholder networks.

India's youth, the majority of GCCs’ workforce, aspire to work for companies with strong ethical foundations—those that actively address the societal issues surrounding them. Recognizing this, GCCs are committed to not only addressing these challenges but also making a positive contribution to India's future.

GCCs’ social impact engagement mirrors that of mature Indian organizations. By harnessing their inherent knowledge, skills, and wide network of local implementation partners, GCCs deliver impactful CSR programs across key sectors. Education accounts for 38 percent of their CSR spending, with initiatives that range from sponsoring primary education and developing curricula to mentoring teachers and funding infrastructure like libraries. Livelihood enhancement (26 percent) and rural development (23 percent) are also key focus areas, emphasizing women’s empowerment, sanitation, healthcare, and more.

During the COVID-19 pandemic, GCCs deployed their technological expertise to digitize access to essential services, including education and healthcare. Their outcome-oriented, empathy-led initiatives have helped increase standards of living, education, employability, and healthcare in communities across India.

While GCCs have already made a significant impact, there is an opportunity for these organizations to further maximize their contributions by collaborating and sharing best practices. With strong parental roots, a highly empathetic workforce, and a clear understanding of on-ground realities, GCCs remain mature players in the societal impact space, committed to investing in the sustainable development of the nation.

Company :-Inductus Global capability center (GCC)

User :- INDUCTUS capability center (GCC)

Email :-inductusglobalcapabilitycenter@gmail.com

Phone :-+1 7752566117

Mobile:- 1204106722

Url :- https://inductusgcc.com/