Hency Thacker
CSR News: Delhi Government Appeals to Corporates to Set up EV Charging Stations in the Capital
As part of the ‘Switch Delhi’ campaign by the Delhi government, Transport Minister Kailash Gahlot has asked corporate players in the national capital to take up the cause by adopting electric vehicles in their fleets and use CSR funds for setting up charging stations in the city.
In fact, according to the transport department, the...
Cognizant Commits to Spend $250 Million for its CSR Initiatives
The COVID-19 pandemic has rendered many jobless, homeless and without any protection of social services. The governments of the world are struggling to tackle the crisis and are doing their best to help pick up the economy which will help in the improvement of lives of the people.
However, the governments cannot afford to look...
No Smoking Day 2021 – A Number Story
No Smoking Day is observed every year on the second Wednesday of March, to encourage people over the world to quit smoking. No Smoking Day, 2021 is being celebrated on March 10. The main purpose of this day is to spread awareness about the harmful health effects of tobacco consumption through the cigarette and...
Indian Companies See ₹7,138 Billion Financial Impact Due To Climate Risks In The Next Five Years
India inc. is facing the financial impacts of climate change which may limit its ambitious growth plans. 42 of the companies responding to investors through CDP’s environmental disclosure system reported a staggering ₹714000 crores at risk from climate change.
The growing ESG disclosure requirements are prompting an increasing number of Indian businesses to wake up...
CEAT Tyres’ Unique Initiative Opens Up New Avenues for Women
The economic crisis caused due to COVID-19 pandemic is having a profound detrimental effect on most people across the globe. However, it has impacted men and women very differently.
Women are more likely to work in health care, unpaid care, and domestic work, making them more susceptible to the consequences of the COVID-19 pandemic. Women still earn...
Zero Discrimination Day: Role of Indian Judiciary in Removing Discrimination
Inequality is growing for more than 70% of the global population, exacerbating the risk of division and hampering economic and social development. And COVID-19 is hitting the most vulnerable people the hardest—even as new vaccines against COVID-19 are becoming available, there is great inequality in accessing them.
With an aim to address this inequality, this...
Axis Bank CSR Report: Creating Sustainable Livelihoods
Axis Bank is a leading private sector bank in India, which commenced its operations with the opening of its first branch in Ahmedabad in April 1994. It focuses its CSR initiatives in creating sustainable livelihood, promoting education and skills development, creating awareness amongst the public at large on public interest topics including financial literacy,...
Nokia and Vi CSR initiative Introducing IoT in Agriculture in India
India is still considered to be an Agro-based economy, especially as the majority of its population (about 58 per cent) is engaged in agriculture. However, the contribution of the agriculture sector to the country’s GDP is less than 20 per cent. One of the reasons responsible for this huge gap is the lack of...
The Programming Foundation – An Initiative to Democratise Computer Science Education
COVID-19 outbreak changed the way everyone worked, shopped, studied, used banking services, or lived their lives. The compulsory isolation led people to rely heavily on digital mode to carry out their day to day activities. This has on one hand, exponentially increased the importance of digital services, while on the other hand increased the...
Tata Memorial Centre’s Free Pediatric Cancer Treatment Program Experiences a Sharp Cut in Funding through CSR
The COVID-19 outbreak in the last year caused a steep fall in the CSR spending of businesses. In fact, as compared to the previous year, there has been a decline of 50 per cent in CSR spending of the companies. This has led many of the causes supported by the CSR funds to suffer....
CSR Project in North East India to Address its Unique Unemployment Challenge
North East India is a key region to India’s ‘Act East’ policy. It has its significance not only for its strategic location but also for developing connectivity with the East Asian countries. The economic development of North Eastern states is therefore of utmost importance for economic prosperity as well as National security of India.
However,...
CSR Spending goes down by 50 per cent in FY 2019-20
The economic crash caused due to COVID-19 pandemic has heavily impacted the CSR spending by the corporates in Financial Year 2019-20. According to the official data available on the Ministry of Corporate Affairs, about 50 per cent dip has been observed in CSR spending of businesses in FY20 as compared to FY19.
According to the...