Hency Thacker
World Biofuels Day 2023: Biofuels Leading Sustainable Development in India
In recent years, the world has been witnessing a growing emphasis on sustainability and environmental consciousness. Among the numerous avenues explored to mitigate the adverse impacts of fossil fuel consumption, biofuels have emerged as a promising solution. In the Indian context, the promotion of biofuels has gained significant momentum, not only for their potential...
Still Unprepared: Unveiling the Climate Vulnerability of Indian Banks
In a year marked by extreme weather events and climate challenges, India witnessed an alarming revelation about its banking sector's unpreparedness to confront climate risks. A groundbreaking analysis by the Bengaluru-based think tank Climate Risk Horizons has uncovered unsettling truths about the Indian banking landscape. The report titled "Still Unprepared" delves into the assessment...
CSR Spending of Rs. 1271 Cr. in FY 23, Says Mukesh Ambani in Reliance AGM 2023
Reliance Industries Limited. (RIL) has been one of the largest companies in India for the better part of the last two decades. It leads the corporate world in net profits every year. As CSR in India is mandatory as per the Companies Act 2013, The CSR Journal in its #LetsTalkCSR series is evaluating the...
EU Dilutes Corporate Sustainability Disclosures: A Step Back in Sustainability Ambitions
Amidst growing global concerns about environmental and social challenges, the European Union (EU) has undertaken what it deems a significant move towards reinforcing corporate sustainability reporting. The EU's executive body, led by President Ursula von der Leyen, recently unveiled the final rules for environmental, social, and governance (ESG) disclosures through the European Sustainability Reporting...
Amazon Commits to Invest $26 Billion in India
In the dynamic world of business and commerce, Amazon has etched itself as a symbol of game-changing innovation and unyielding ambition. Its revolutionary impact on the global retail industry is unparalleled, and now, Amazon sets its sights on India – the world's fastest-growing economy. Pledging an ambitious $26 billion investment by the end of...
56% Companies spent More than Prescribed Amount on CSR in FY22
Corporate Social Responsibility (CSR) has emerged as a powerful tool for fostering social development and driving positive change in India. The financial year 2021-22 witnessed an inspiring trend as the majority of Indian companies stepped up their commitment to CSR initiatives. According to the National CSR Portal, out of 18,623 companies analysed, an impressive...
Amazon’s Sustainability Report: A Commitment to a Greener Future
Since its humble beginnings in Jeff Bezos' family garage in 1994, Amazon has grown to become a powerhouse in the e-commerce industry. Ranked 36th in Forbes' Global Top 2000 list, the company reported an impressive US$33.4 billion in profit in 2022 and employs around 1.5 million people globally. Founder Jeff Bezos has become a...
Mr Balaji Ganapathy from TCS Talks about Impact of Employee Volunteering on CSR
Employee volunteering fosters a strong sense of community and social responsibility within an organization, as employees contribute their time and skills to support charitable causes and community initiatives. In line with TCS’ core values of supporting social causes, commitment to building a sustainable future, and giving back to society, TCS employees volunteered 2.8 million hours in FY23 under...
LTIMindtree Spent Rs. 67.9 Cr. on CSR in FY 2022-23
In the financial year 2022-23, LTIMindtree Limited, formerly known as Larsen & Toubro Infotech Limited, surpassed its obligated amount, spending INR 679.77 Million on various social welfare initiatives, further solidifying its reputation as a responsible corporate leader. This remarkable achievement showcases LTIMindtree's dedication to making a positive impact on society and sets a new...
Laurien Meuter of Tiny Miracles talks about an Approach to Solve Poverty in India
Mother Teresa has rightly said, “When a poor person dies of hunger, it has not happened because God did not take care of him or her. It has happened because neither you nor I wanted to give that person what he or she needed.” Tiny Miracles is an Amsterdam- and India-based foundation and social...
Mr Shiv Kumar of the Community Action Collaborative talks about the Evolving Social Space
In the evolving social innovation landscape, organisations and NGOs of various sizes are embracing experimentation with novel business models, technologies, and impact measurement methods. A key focal point is the formation of partnerships and alliances within and across sectors, emphasising the significance of cross-organisational collaboration in sharing knowledge, resources, and capabilities. In an exclusive...
UNCTAD’s SDG Pulse Report Reveals Challenges in Achieving Sustainable Development Goals
The United Nations Conference on Trade and Development (UNCTAD) recently released the fifth edition of its annual SDG Pulse report. This global reference serves as a tracking tool to assess progress towards achieving the Sustainable Development Goals (SDGs) by 2030. The report provides comprehensive data and analysis on various SDG indicators, along with insights...
