A CSR impact assessment systematically evaluates how corporate social responsibility projects affect communities, the environment and stakeholders, measuring outputs, outcomes and long‑term impacts”. Include a bullet list summarising the legal requirements under Rule 8(3) of the Companies (CSR Policy) Rules, 2014, as highlighted in the blog:

set baselines, design the Theory of Change and define SMART KPIs

build a data dashboard and conduct periodic reviews

engage an independent agency, mix quantitative and qualitative methods, calculate SROI and annex results to the board report
Summarise the key benefits beyond compliance:
Independent assessments reveal gaps and prevent misallocated funds.
Impact data allows replication of successful projects.
Quantified outcomes (e.g., reduced disease rates) build investor and stakeholder confidence.
Aligns with global standards (e.g., GRI, UN SDGs) and strengthens B2B relationships
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