The CSR Journal

Consumers these days are well aware about activities of various brands. Which is why, they prefer if the brands they support are responsible corporate citizens. However, all of this fades away if the consumers find out, that they are being incriminated in violation of human rights, unethical practices and environmental degradation by the companies...

A new report has revealed that only 5 per cent of the annual electricity consumption of top 33 Indian companies is sourced from renewable energy. The report by think tank Climate Risk Horizons (CRH) titled "Slow to Switch," assessed companies across seven industries, including heavy energy consumers such as cement, steel, aluminium, textiles, and fertilisers,...

Cardiovascular diseases are commonly associated with adults but also affect a significant number of children in India, posing serious health risks and complications. The National Library of Medicine states that 9 out of 1,000 babies are born with CHD. In India, more than 2 Lakh children are born with congenital heart defects every year...

About 55.6 per cent of India’s population is unable to afford a healthy diet, according to the United Nations’ State of Food Security and Nutrition in the World (SOFI) report. While this number has been decreasing each year consistently except for the time India was battling with the COVID-19 pandemic, it is still higher than the average...

Finance Minister Nirmala Sitharaman has announced that the government would develop a ‘climate finance taxonomy’, in the “Next Generation Reforms” section of the Union Budget 2024-2025. “We will develop a taxonomy for climate finance to enhance the availability of capital for climate adaptation and mitigation. This will support the achievement of the country’s climate...

Companies will now be required to use their CSR funds to cover 10 per cent of internship costs, as announced by Union Finance Minister Nirmala Sitharaman in her budget speech on July 23, 2024. The initiative is aimed at creating opportunities for one crore youth in the top 500 companies over the next five years....

Finance Minister Nirmala Sitharaman tabled the Union Budget 2024 for the seventh time today. In her budget speech Shri Nirmala Sitharaman revamped income tax slabs under the new regime in Union Budget 2024 in a bid to make it more attractive. The standard deduction limit was also hiked from Rs 50,000 to Rs 75,000, marking an...

The commitment of Indian conglomerates to Corporate Social Responsibility (CSR) has seen a 53 per cent increase between financial years 2017-18 and 2021-22, according to the Economic Survey. The substantial and consistent growth in CSR spending sheds light on the hoslitic approach towards social development at the hand of both - government and private...

HDFC Bank, one of the highest CSR spenders in India, reported an expenditure of Rs 945.31 crore on Corporate Social Responsibility (CSR) initiatives for the Financial Year 2023-24 in its Integrated Annual Report. The bank had spent Rs. 820.89 crore in FY 2023, which means there has been an increase of Rs 124.42 cr...

According to a new report, climate change has a direct impact on education. A report by the Global Education Monitoring Report of United Nations Educational, Scientific and Cultural Organization has highlighted the long-term impact caused as a result of climate shocks experienced during the early childhood years. The paper, which is part of a series...

After launching the Mukhyamantri Majhi Ladki Yojana earlier this month with an aim to empower the women in the state by providing them with financial support, the Government of Maharashtra has launched the 'Ladla Bhai Yojana' to benefit youths. However, the Chief Minister has clarified that even though Mukhyamantri Majhi Ladki Yojana is aimed to...

The United Nations has warned that the rapid digitalisation of the global economy is costing the environment significantly. This is the result of extensive usage of water and energy bu the data centres that are used to power AI. The UN trade and Development Agency UNCTAD stated in a report that while digitalisation is essential...