Integration of Public-Private Partnerships (PPP) in Corporate Social Responsibility (CSR)

Benefits of Integrating PPP in CSR, Key Steps to Integrate PPP in CSR, Challenges

1. Integration of Public-Private Partnerships (PPP) in Corporate Social Responsibility (CSR) Mr. Prahlada G Faculty Department of Social Work University College of Arts, Tumkur

2. Introduction Integrating Public-Private Partnerships (PPP) into Corporate Social Responsibility (CSR) strategies can significantly enhance the impact and reach of CSR initiatives. This integration allows companies to leverage the strengths of both the private and public sectors to address social, environmental, and economic challenges more effectively.

3. Benefits of Integrating PPP in CSR Enhanced Resource Allocation: Combining resources from both sectors leads to more substantial financial and human capital, enabling larger and more impactful projects. Shared Expertise: Access to diverse skills and expertise from both public and private sectors, promoting innovative solutions. Risk Mitigation: Sharing risks between partners reduces the burden on any single entity and enhances project sustainability. Improved Community Impact: Collaborative efforts lead to more comprehensive and inclusive community development initiatives.

4. Key Steps to Integrate PPP in CSR 1. Identify Common Goals 2. Stakeholder Engagement 3. Develop a Clear Framework 4. Financial Planning and Resource Mobilization 5. Implementation and Monitoring 6. Communication and Reporting

5. Challenges and Solutions Regulatory Hurdles Funding Constraints Stakeholder Misalignment Sustainability Concerns

6. Thank You