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Corporate CSR Ethics

Most Companies Becoming Socially More Responsible: Report

NEW DELHI: Most of the top listed companies are becoming more responsible but there is room for large entities to play a more substantial leadership role in ensuring that economic growth is accompanied by social progress, says a report. The conclusions are based on an index developed by non- profit group Oxfam India along with...

Corporate India To Support The ‘Voter Awareness Drive’

Eminent personalities of the corporate world have come forward to extend their support for the voter awareness campaign lead by the state election commission of Maharashtra. Business giants like Ratan Tata from the Tata Group, Anand Mahindra from Mahindra & Mahindra Group, Harsh Goenka from RPG Industries met the Maharashtra state election commission JS Sahariya. “When...

Govt Seeks Explanation From 536 Cos For CSR Non-Compliance

Government on Tuesday said, show cause notices have been issued to 536 firms for non-compliance with CSR norms under the Companies law. Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities...

A business-like Approach To A Not-for-Profit

Quite often, we come across the argument that a not-for-profit needs to be run in a business-like manner. The clamour for this has grown louder with many corporate firms setting up their own foundations and a committee of their boards beginning to oversee the developmental efforts. The argument is that just like any business...

Partnering With The Corporate World To Address SDGs

The Sustainable Development Goals (SDG) address a gamut of many prime issues that countries around the world have been trying to solve for a long time now with varying degrees of success. Take the case of India. Alleviating poverty has been an objective from the day the nation was born and “Garibi Hatao” (Eliminate...

Over 530 Cos May Face Action For CSR Norm Violations

More than 530 firms have come under the scanner of the government for violating CSR spending norms under the companies law and are likely to face action. The violations pertain to the 2014-15 financial year and reports to this regard have been submitted by Registrar of Companies (RoCs) concerned to the Corporate Affairs Ministry, sources...

Approaches for NGO Funding

Raising funds is a challenge witnessed by most non-government organisations (NGO) across all social sectors... Each organisation requires a funding strategy tailored to its own requirements. The development sector in India is increasingly witnessing drastic new changes. The inflow of foreign funding is expected to steadily decrease, directly impacting the resources of NGOs. Over the...

Shivaji Smarak: Should CSR Funds Be Spent To Support Govt?

India is a democratic country. This means, the laws, policies and actions in India are of the people, by the people and for the people. But is this the case in reality? News about statue of medieval king Chhatrapati Shivaji Maharaj has been doing the rounds since the last month. In spite of strong opposition...

What Can India Learn From Japan’s Green Policies?

Early to industrialise in the 19th century, and a technology leader by the 20th, Japan saw many of the benefits of economic progress: capital accumulation, rising wages and high standards of living. However, the country’s development was not sustainable and, especially in the 20th century, was marred and constrained by industrial pollution. This led...

CSR, Road Safety and You

The Ministry of Road Transport & Highways organised the 28th Road Safety Week from 9th to 15th January 2017 with the objective of spreading awareness about the issue of Road Safety. The Ministry of Road Transport and Highways 2015 report states that about 1,46,133 people lost their lives and 5,00,279 were injured in road...

Harnessing The Power Of Collaboration In CSR- Making The Most Of 2017

The CSR Bill has established the role of corporate sector in the CSR domain. It is now crucial for them to join hands to create a larger footprint. Gone are the days when companies were debating the advantages and disadvantages of two percent mandate on CSR spend. The reality has finally sunk in and it...

Nitin Gadkari Eyes CSR Funds To Promote Road Safety

With this Road Safety Week, Union Minister of Road Transport and Highways- Nitin Gadkari is asking corporate firms to come forward and contribute to issues relating to road safety. The ministry intends to write to corporate companies including all major automobile companies to promote road safety as a part of their corporate social responsibility...
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