IS 26001 : 2024 Corporate Social Responsibility - Requirements
1 SCOPE
1.1 This standard facilitates a company to effectively establish and implement a corporate social responsibility (CSR) framework that is supported by appropriate processes, with an overall objective to ensure that it has an effective mechanism to:
a) Develop and institutionalize a strong CSR governance as per the CSR policy of the company;
b) Identify appropriate and need-based CSR projects;
c) Identify CSR specific applicable legal requirements and ensure compliance with such requirements;
d) Design, develop, implement, and monitor CSR projects for the enhancement of its performance and fulfilment of its objectives; and
e) Evaluate and report the performance of the CSR project activities implemented.
This standard specifies the star rating requirements for CSR activities that a company can use to enhance its CSR performance and credibility.
1.2 This standard is applicable for all types of companies irrespective of their size, nature of business, CSR project activity and CSR budget, except for such companies that have been defined as implementing agencies by the laws of the land, if any.
2 REFERENCES
The standards given below contains provisions, which through reference in this text constitute provision of this standard. At the time of publication, the editions indicated were valid. All standards are subject to revision and parties to agreements based on this standard are encouraged to investigate the possibility of applying the most recent editions of these standards:
| IS No. | Title |
| IS 26002 | Assurance engagement standard: |
| (Part 1) : 2022 | Conducting assuranceengagements for all matters other than statutory financialminformation - Requirement |
| (Part 2) : 2021 | Conducting assurance engagements for all matters other than statutory financial information - Guidance |
| (Part 3) : 2022 | Competence of individual, firms and reporting entities for conducting assurance engagements - Requirement |