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Rise of CSR and ESG destroys Friedman doctrine on its 50th anniversary

September 2020 marks 50 years since Nobel Prize winner Milton Friedman told us that “greed is good”. His polarising editorial, 'The Social Responsibility of Business Is To Increase Its Profits,' was published in New York Times Magazine on September 13, 1970 and went on to haunt the markets for decades to come. However, the...

Did you know COVID-19 led to Increase in Child Marriages?

The COVID-19 pandemic has affected us all in some or the other way  and it just does not seem that the effects of this deadly virus are going to end anytime soon. It led to lockdowns, job losses, mental health issues and whatnot. All these have led to an uncertain future for the majority...

CSR: LEGO Commits to be a Sustainable Toy Brand

As the world suffers from the impacts of plastic pollution, people are becoming more conscious about choosing products that minimise plastic pollution. Such activism by consumers has inspired many businesses leading them to a path to sustainability. One such company is LEGO. LEGO has announced that they will be replacing the plastic packaging from their...

BPCL CSR has Sustainable Development of India on Priority

India was on a slow yet steady trajectory towards sustainable development, with NITI Aayog acting as the planning and monitoring body. COVID-19 swept in uninvited and became the biggest obstacle to global and national development. It's a case of two steps forward, one step back. Statistics already showed our lack of preparedness for Zero...

Artificial Intelligence in Agriculture in India

Artificial intelligence in agriculture and allied activities is having its moment in the sun. At a time when the whole world is disrupted by COVID-19 and social distancing is the norm, electronic mandis, for example, could offer an excellent way for transactions between farmers and customers in the post-COVID world. The e-mandi concept has...

Citizen Social Responsibility (CSR): Indian Media Makes a Mockery of Freedom of Speech

India’s media universe is enormous, perhaps the world's largest: Over 17,000 newspapers, 1 lakh magazines, 178 news channels on television, and numerous websites in dozens of languages. Thousands of Facebook pages - all calling themselves news sources, and local YouTube channels with alerts on everything from developments in real estate to police raids. In our...

MSME Ministry rejuvenating grassroots economy with multi-crore self-employment schemes

Wealth creation by self-employed entrepreneurs is the only way the grassroots economy can fully contribute to the Atmanirbhar Bharat Abhiyan. For this to become a reality, the government is looking at the vast untapped potential of industries like pottery and incense-making. This is how women of the vast rural population that Indians living in...

Corporate Social Responsibility: Apple and Singapore Government Reward Citizens for Keeping Healthy

Singapore is known for being the information and technology hub in the Asia Pacific as well as taking revolutionary decisions to bring about the overall development of its citizens. It is one of the richest countries in the world and ranks 4 as per GDP at purchasing power parity. Work-Life balance in Singapore This high tech...

World Ozone Day 2020: Protecting the Roof

Some things are essential for our existence but are so ubiquitous that we forget about their existence and take them for granted. Like oxygen in the air, the pumping of the heart, or the ozone layer, without which we would cease to exist. World Ozone Day 2020 is a helpful reminder of this precious...

Global Report: Tesla Targets Zero Emissions

On Engineers Day 2020, let's appreciate Elon Musk and the engineering marvel that every Tesla car is. The corporation has made strides in electric automobiles and cleantech which will hold up in the new normal. Since the onset of shelter-in-place orders and travel restrictions due to COVID-19, we have seen dramatic increases in air...

International Day of Democracy 2020 – The Celebrated Democracy of India

In 2007 the United Nations General Assembly resolved to observe 15 September as the International Day of Democracy—with the purpose of promoting and upholding the principles of democracy. The UN invited all member states and organizations to commemorate the day in an appropriate manner that contributes to raising public awareness. International Day of Democracy 2020 - Theme The unprecedented COVID-19 crisis...

Top 20 Indian Companies for CSR in 2019

COVID-19 has taken up the lion's share of CSR funding. We were keen to know what the companies adjudged for Best Practices in 2019 have achieved more recently. Tata Chemicals Ltd. was ranked the number one company third year in a row for Sustainability & CSR practice in Responsible Business Ranking 2019, a study...

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