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Corporate Social Responsibility (CSR) is a company strategy in building a reputation which is expected to create reciprocal relationships with stakeholders. The implementation of CSR can improve the company's image which will have an impact on company performance. The authors of this study will discuss how to consider CSR as an effective risk management tool and how to incorporate it into real-world solutions. CSR is difficult to do without a focus on risk management, and will not be effective in the end. As a result, many SME business conditions that are fostered partners of the CSR Partnership Program have experienced a significant decrease in income, a decrease in the number of production capacities, as well as a reduction in the number of employees and several other factors. Risk management is carried out based on the ISO 31000: 2018 framework. The sources in this study came from discussions and surveys with decision makers, namely in the CSR division department. Of the many criteria in evaluating CSR strategies, the criteria that are most relevant to the CSR strategy in the MSME mentoring partnership program during the Covid-19 pandemic. The criteria are Planning Program Planning and Evaluation of MSME Conditions. As a result, it can be concluded that in general, economic growth is the most critical risk in the development of SMEs, supported by an effective strategy from the partnership program. More specifically; It was found that 31 risk factors were categorized as extreme risk, 25 risk factors were categorized as high risk, 29 risk factors were categorized as moderate risk, and there were only 3 risk factors categorized as low risk. For each sub-criteria categorized as high and extreme, risk treatment is performed. Action plans and implementation schedules are formulated for each risk factor.