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Hency Thacker

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Role of CFO to Ensure Business Sustainability

CFOs have historically been responsible for making financing and investment decisions based on ROI and NPV. In the next ten years, there will be increasing pressure on them to deliver valuation that incorporates the environmental, social and governance (ESG) factors that shape the success of business in the long term. Currently, ESG investing has increased...

Construction Sector Using Plastic As A Building Material

About 40% of global energy-related carbon emissions are caused by the construction sector. At a time of climate crisis, it is very important for the sector to up their game by adapting innovational methods. The construction sector can contribute in a meaningful way by innovating the building materials. Recycled plastic has made its way in...

Cochin Airport – World’s First Solar Powered Airport

India is blessed with indiscriminate sunlight all year round. If utilized well, it could produce a huge amount of solar energy which could make the country self-sufficient. Demonstrating this is the first-ever airport in the world to be completely powered by solar energy – the Cochin Airport. As of November 2018, with 40 MW worth...

CSR Policies Around The World

Corporate Social Responsibility (CSR) is becoming an integral part of many companies' policies. Understanding the four levels of CSR shows that the practise offers benefits, not only to workers and the community, but also the company itself, and the country in which it operates. This is why it is often in the government's interest...

Which are the institutions in India providing courses in CSR?

India is the first country in the World to have mandated Corporate Social Responsibility through Companies Act 2013. As per the law, companies need to adopt a business-like approach and to create a strategic CSR framework, that leads to socio-economic development and curb environmental issues by promoting sustainable and scientific solutions. CSR was a norm...

The Three Pillars of CSR

Corporate Social Responsibility (CSR) has become a buzzword in the corporate world. Every year, businesses of all sizes belonging to every industry spend billions of dollars across the globe on CSR. It represents a tremendous opportunity for businesses to build trust, bolster their reputation, and give back to the community. A lot is at stake...

How Companies Can Use CSR to Reduce AI Bias

AI and Machine learning have slowly started to make a place for itself in every aspect of a corporate organisation. One of the main purposes of employing this technology is to improve the efficiency of processes by reducing human biases. This was especially true for its employment in recruitment practices. In fact, it was argued...

CSR: India Celebrating Children’s Day 2019

Children are the hope of a bright and shining future of our country. It is only if we nourish them today, will they turn out to be the responsible citizens who will make us proud tomorrow. India recognizes this and being a welfare state, it launches various initiatives for the benefit of children. 14th November...

Greenwashing – A Misleading Tactic Used By Businesses

Going green has become a profitable business strategy considering the contemporary environmental scenario. With rising awareness about climate change, more and more people are demanding the corporates to adopt green business practices and provide the customers with environment-friendly products and services. Green business practices not only open a new market of environment lovers, but...

Understanding the Four Levels of CSR

The idea of Corporate Social Responsibility (CSR) has been a topic of discussion since the 1950s. However, it wasn’t until much later that people started understanding its meaning, significance and impact. CSR, in the form that we see today, became popular after it was defined by Archie Carroll’s “Pyramid of Corporate Social Responsibility” in...

CSR For Children – Quality Education And Right Upbringing

John F. Kennedy had said, “Children are the living messages we send to a time we will not see.” Children of today will shape the world of tomorrow. This makes the job of raising them a very crucial one. It is imperative to provide the right upbringing and education to the children to ensure that...

New Zealand Passed A Climate Change Bill Unanimously

The Paris Agreement of 2015 was accompanied by nationally determined contribution (NDC) targets set by countries domestically and reported to the United Nations Framework Convention on Climate Change (UNFCCC) process. However, time and again it has been proven that the NDCs submitted in 2015 are insufficient. Their cumulative effect, even if all that was committed...

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