Challenges with CSR

Challenges companies face with CSR

  • CSR and charity efforts are often hindered by the lack of a clear purpose or target
  • The money given to a charity target must be justified to several groups of people in the company; e.g. management team, employees and stakeholders. An investment in a charity project needs to be clearly defined and outlined – just like any other project or investment. There has to be a clear tie between the investment and the target
  • Quite often the donated money is wasted on overhead costs, non-direct fees and taxes rather than in the exact target

FFC provided solutions to CSR challenges:

  • Through FFC the company can choose a small or large target for your CSR donation from several transparent and quality proven charity projects.
  • FFC will govern and give  regular updates on the specific charity donations
  • FFC is an option to outsource the oversight and administration of the CSR project

Success stories:

A Fen Fang School Project in Sichuan 2008-2009

  • 4,5 million RMB donated to rebuild a school
  • no overhead costs due to volunteer-driven project
  • targeted to build the school, donate books, equipment, labor etc.