Greenwave Technology

Corporate Social
Responsibility
A Business Strategy

Presentation By
Sahil Ganeriwal (23200328) Anamya Sharma (23202731)
Alan Kelleher (19309333) Aabhash Pansari (23206252)
WU Dongxin (23206749)
 Vision
Building a responsible Future.

Objective Mission
We are here today to seek approval for Our aim is to enhance
establishing a dedicated CSR function for sustainability and foster positive
our Technology Based Company. impacts on society, benefiting
Drive our commitment to ethical practices, both our business and the
environmental stewardship, and communities we serve.
community engagement.
Position the company as a leader in
sustainable innovation.
Importance of CSR

Global Trends: Growing emphasis on

sustainability and ethical business practices;
accountability for environmental and societal
impact.
Stakeholder Expectations: Investors, customers,
and employees expect proactive CSR efforts;
crucial for maintaining reputation and
competitive edge.
 Benefits Of Corporate Social
Responsibility
Better Brand Operational costs
Recognition savings

Positive Business Better financial

Reputation performance

Increased sales and Easier access

customer loyalty to capital
 Existing CSR Practices
within the Company
Charity partnership during Christmas
Implementation of regulatory policies (anti-
bribery, data protection, anti-discrimination).
Beach Cleaning by Employees.

Gaps In CSR Strategy

Lack of a formal sustainability strategy and
governing body.
 Risk Of Not Incorporating CSR
Legal and Compliance
Financial Risk: Resources
Legaland
Legal and Compliance
Compliance
Reputation Risk: Risk: CSR
invested projects
might not yield Risk:Fines,
Risk: CSR sanctions
projects and
Loss of customer trust, may
the involvesocial
expected complex
and legal
maypenalties, increased
involve complex
loyalty and potential legal andbenefits,
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legal andfrom
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could government
issues, which could
lead to legal disputes. lead to legal disputes.

Stakeholder Expectation Resource Allocation Risk: Government Policies on

Legal and Compliance Legal and Compliance Legal and
CSR: CSRD Compliance
Reporting
Management Risk: Misallocation of limited
Risk: CSR projects Risk: CSR projects Risk: CSR projects
Standards states that
Conflicts and resources among various
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CSR projects complex
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 Competitor Analysis
1. Environmental Initiatives
Carbon neutral since 2012 and aims
to be carbon negative by 2030.
Aim to power their data centers and
operations with 100% renewable
energy by 2025.
Using sustainable materials in their
hardware, such as recycled plastics
and responsibly sourced minerals.
Carbon neutral since 2020 and aims
to make its entire supply chain and
product life cycle carbon neutral by
2030.
Achieved 100% renewable energy
usage in their global facilities.
Apple’s “Liam” and “Daisy” robots
disassemble used iPhones to
recover valuable materials for
recycling, supporting their goal to
create products using only recycled
or renewable materials.
Carbon neutral since 2012
and aims to be carbon
negative by 2030.
Aim to power their data
centers and operations with
100% renewable energy by
2025.
Using sustainable materials in
their hardware, such as
recycled plastics and
responsibly sourced minerals.
 Competitor Analysis
2. Social Initiatives:
Committed to doubling the number
of Black and African American
managers, and senior leaders in the
U.S. by 2025.
Through the Microsoft
Philanthropies initiative, the
company donates technology and
financial resources to non-profits
and educational institutions
worldwide.
Holds its suppliers to high labor and
environmental standards,
conducting regular audits and
providing training programs to
improve labor practices.
It has initiatives aimed at improving
education and making technology
accessible to people with
disabilities, including the Everyone
Can Code and Everyone Can Create
programs.
"HP LIFE" program provides
free IT and business skills
training to people in
developing countries.
Focused on fostering an
inclusive workplace and has
established goals to increase
representation of women and
underrepresented minorities
in leadership positions.
 Competitor Analysis
3. Governance
They have set up an AI ethics
committee to oversee the
implementation of AI principles.
It egularly publishes detailed CSR
reports outlining their progress on
various initiatives, adhering to the
Global Reporting Initiative (GRI)
standards.
Strong emphasis on user privacy and
security, implementing robust
measures to protect user data and
being transparent about their
practices.
Publishes annual progress reports
on its environmental, social, and
governance (ESG) initiatives,
providing detailed insights into their
CSR efforts.
Stringent policies to ensure
responsible labor practices in
their supply chain, regularly
auditing their suppliers.
Publishes an annual
Sustainable Impact Report,
detailing their CSR activities
and adherence to
international standards like
the GRI and the UN
Sustainable Development
Goals (SDGs).
Company Value Chain Emissions
Upstream
Scope 3 (Indirect Emission)
Purchased Goods and Servicese,
like semiconductors, batteries,
displays.
Emissions from the production
of equipment used in
manufacturing.
Emissions related to the
extraction, production, and
transportation of fuels and
energy purchased by the
company.
Upstream Transportation and
Distribution of raw materials.
Waste Generated in Operations.
Business Travel
Employee Commuting
Company
Scope 1 (Direct Emission)
Emissions from company-
owned vehicles.
Direct emissions from on-
site fuel combustion, such
as heating or backup
generators.
Scope 2 (Indirect Emission)
Electricity used in data
centers that host cloud
computing services.
Electricity used in office
buildings and facilities for
various operations and
cooling systems.
Downstream
Scope 3 (Indirect Emission)
Downstream Transportation and
Distribution of products sold by
the company.
Third-party processing of
products sold by the company.
Use of laptops and cloud
services by customers.
Emissions from the disposal and
recycling of laptops at the end of
their life.
Downstream Leased Assets.
CSR Framework
Key Focus Areas: Environmental Sustainability, Social Responsibility, Ethical Governance, and
Innovation for good.

1. Envronmental Sustainability
Carbon Neutrality: Adoption of renewable energy sources, energy
efficiency improvements, and carbon offset projects to achieve carbon
neutrality by 2030.
Resource Efficiency: Reduce waste, recycling materials, and promote
the use of eco-friendly products in our operations and supply chain.
Biodiversity Conservation: Support projects and initiatives that protect
and restore biodiversity, including partnerships with environmental
organizations and investments in conservation programs

This pillar is crucial as it aligns with our commitment to environmental stewardship. By adopting
above practices we not only reduce our ecological footprint but also lead by example in promoting
environmental sustainability within our industry..
 CSR Framework
2. Social Responsibility
Diversity, Equity, and Inclusion (DEI): Implement robust DEI programs,
like training, mentorship, and policies that promote equity and prevent
discrimination, to create a diverse and inclusive workplace.
Digital Access and Literacy: Partner with educational institutions and
non-profits to bridge the digital divide, providing access to technology
and digital literacy training to underserved communities.
Community Engagement: Support community development through
volunteer programs, grants, and partnerships with local organizations
to address social issues such as education, healthcare, and poverty
alleviation.

Social equity is integral to our corporate values. This pillar strengthens our organizational culture,
enhances employee satisfaction, and fosters positive relationships with diverse communities.
 CSR Framework
3. Ethical Governance
Transparent Reporting: Maintain transparency through regular
reporting on our CSR activities, progress, and impact, ensuring
accountability to our stakeholders.
Ethical Supply Chain: Ensure that our supply chain adheres to ethical
standards, including fair labor practices, human rights protections, and
environmental sustainability.
Stakeholder Engagement: Actively engage with stakeholders, including
employees, customers, partners, and communities, to understand their
needs and collaborate on impactful CSR initiatives.

Ethical governance ensures that we operate with integrity and earn the trust of our stakeholders.
This pillar supports our long-term sustainability by reinforcing our reputation as a responsible
corporate citizen.
 CSR Framework
4. Innovation for Good
Sustainable Products: Design and develop products that are energy-
efficient, environmentally friendly, and contribute to sustainability.
Research and Development: Invest in R&D to create innovative
technologies that solve pressing environmental and social issues, such
as renewable energy, waste reduction, and climate resilience.
Collaborative Innovation: Partner with other companies, academic
institutions, and non-profits to drive collaborative innovation and share
best practices for sustainability.
Water Positive: Make proper disposal of water post treatment to avoid
contamination.

Innovation is at the heart of our business strategy. This pillar not only differentiates us in the market
but also positions us as a leader in leveraging technology for the greater good. It allows us to
innovate responsibly, contributing to a more sustainable future and supporting our growth and
competitiveness.
Sustainable Develpment Goals
 Short Term Goals
1. Achieve Carbon Neutrality:
Goal: Reduce Scope 1 and 2 emissions by
20% compared to the previous year.
Action: Install solar panels at company
facilities and switch to electric vehicles for
corporate transportation to reduce carbon
emissions.
3. Ethical Supply Chain Practices:
Goal: Achieve 50% compliance from all
suppliers within the next year.
Action: Provide training sessions and
workshops for suppliers on ethical practices
and conduct regular audits to monitor
compliance.
2. Enhance Diversity and Inclusion (DEI):
Goal: Increase diversity in leadership
positions by 15% within the next year.
Action: Implement blind recruitment
practices and establish mentorship
programs for employees from
underrepresented groups.
4. Community Engagement and Volunteering:
Goal: Contribute 1,000 hours of volunteer
service to community organizations with
100% participation of employees.
Action: Partner with local schools to provide
STEM education workshops and mentorship
programs for students from marginalized
backgrounds.
 Long Term Goals
1. Achieve Net Positive Impact:
Goal: To Become carbon-positive by
offsetting all remaining emissions and
investing in carbon removal technologies.
Action: Partner with reforestation projects
and invest in carbon capture and storage
technologies
3. Innovate for Sustainability:
Goal: Launch a new line of sustainable
products that meet stringent eco-design
principles and promote a circular economy.
Action: Develop products using recycled
materials, design for disassembly and reuse,
and explore innovative packaging solutions
that reduce waste.
2. Become a Diversity Leader:
Goal: Achieving a workforce composition
that reflects global demographics.
Action: Diversity recruitment strategies, like
partnering with diversity-focused
organizations and leadership development
programs for underrepresented groups.
4. Global Leadership in Ethical Governance:
Goal: Enhance transparency and ethical
standards across all operations and supply
chain activities.
Action: Publish an annual sustainability
report on ESG metrics. Advocate for
industry ethical standards and engage in
policy discussions for ethical governance.
Stakeholders
Internal Communication Strategy
INTERNAL Regular updates via newsletters and intranet.
Employees Workshops and training sessions.
Employee feedback mechanisms (surveys, forums).
Management

Board of Directors External Communication Strategy

Public CSR reports and updates on the company
EXTERNAL website.
Social media campaigns to highlight CSR initiatives.
Customers
Community outreach programs and partnerships.
Suppliers
Collaborative Platforms
Investors Create platforms for stakeholders to provide
Community Partenrs feedback and participate in CSR projects.
Host regular meetings with key stakeholders to
Regulatory Bodies discuss progress and gather input.
 CSR Governance
Oversees CSR strategy and
Chief Sutainability Officer
implementation

Coordinates CSR activities and

CSR Manager Projects

HR Operations Finance Marketing

Representative Representative Representative Representativee

Ensures Departmental Allignment with CSR Goals

External Advisors Sustainability Software

Provide expertise and guidance on best practices Tools for tracking CSR Performance
 Cross Functional Collaboration

Develop and implement DEI initiatives and

Human Resource
employee engagement programs.

Integrate sustainable practices into daily

Operations
operations.

Manage budget and resources for CSR

Finance
projects.

Communicate CSR achievements and

Marketing
engage with customers.
Potential Risks and Mitigation Strategies
Risks
Financial Constrainsts (cost
of Installing solar panel)
Stakeholder’s Resistance to
change
Supplier Non-compliance to
new ethical sourcing and
labor standards.
Measurement and Impact
Assessment of initiatives like
DEI Training.
Mitigation Strategies
Explore grants, subsidies, or partnerships to offset costs.
Implement a phased approach to spread expenses over time.
Conduct awareness campaigns and training sessions to
highlight the benefits of CSR initiatives.
Engage leadership as champions of change to set a positive
example.
Offer support, training, and resources to help suppliers meet
the new standards.
Implement a robust auditing system and develop contingency
plans for non-compliance.
Develop specific time-bound (SMART) goals for each initiative.
Regularly review and adjust metrics to ensure they effectively
capture impact.
Thank You
For Your Attention