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Hency Thacker

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Ethics

Why are Ethics Important During a Downfall in Business

It is not so difficult to install business ethics when the business is flourishing. It gets difficult to hold on to ethics when the business is facing a downfall. It is during times like these when companies take reckless decisions. The hard time in business causes executives to become insecure making them hold off...
Supply Chains - Cotton Industry

CSR: Business Benefits of Transparency in Supply Chains

According to the International Labour Organisation, about 24.9 million people are victims of forced labour. Of them, 16 million are employed by the private sector. The large scale of exploitation has prompted governments across the world to introduce legislation that will bring more transparency in the supply chains of big companies. Greater public disclosure of...
Small Scale Fisheries

CSR: The Role of Small Scale Fisheries in Blue Economy

Addressing the sustainability of blue economy is a matter of concern across the globe. Especially for India as the country is surrounded by sea from three sides. The health of the oceans and that of other marine species rely on this. The blue economy has been a conversation topic since a while now with...
Tea plantation workers

CSR: Price of a Cup of Tea

India is among the largest consumers of tea in the world. It represents 19% of the global tea market. Tea is part of every social gathering in the country. However, the price we pay to have that tea is often overlooked by many. Assam is the tea-growing state of India. The tea industry is mostly...
human rights vs renewable energy

CSR Dilemma – Environment Vs Human Rights

The corporate sector is increasingly getting involved in solving climate problems by making a lot of changes in its operations as well as through their core product offerings. In the last several years there has been an advancement in technology that works towards solving environment-related problems. The Indian renewable energy sector is the fourth most...
Women in Boards

CSR: Gender Diversity on Boards improve in India

The revised Companies Act, 2013 made it mandatory for all listed companies and other public limited firms to appoint at least one woman as a member of the Board of Directors. India became the first developing country in the world to have such a norm to empower women as well as promote diversity at...
Waste Decomposer

CSR: Innovation to Manage Waste and Facilitate Organic Farming

India generates about 62 million tons of bio-waste every year. Average of 10 million tons of cow dung is generated every year in the ‘gaushalas’ of the country. About 11 million tons of press mud is generated from the sugar mills which has high nutrition value. The solution to tackle this waste was to...
Inclusive Agriculture

CSR: How Agriculture Affects Health

Inclusive Agriculture is a type of organic agriculture where all the organisms are considered important in food production. It is a practice where every organism has a role to play, and thus, none of them is killed. It respects the natural food chain of different living beings. The fertilisers used for this kind of...
Agriculture and Water Pollution

CSR: Agriculture and Water Pollution

“Some of the major issues of the world can be tackled by inclusive farming,” said Manoj Solanki, Farmer at ‘Chintan Farms’, Shri Ram Krushna Trust. Agriculture is connected to every aspect of life. This is because it is in the centre of nature’s life and the food cycle. Too much unnatural interference in it disturbs...
Agriculture

CSR: The Nature’s Ecosystem in Agriculture

Agriculture was the highest contributor to India’s GDP for the longest time. In India, agriculture was viewed as the most prestigious profession followed by trading/business and service, before the British Raj according to the historical texts. With the majority of people practising agriculture, there was no need of importing food products in the country. British...
restaurants

CSR: Four ways to support Sustainability Conscious Restaurants

India houses the largest number of malnourished children in the world. Despite this, 40% of food produced in the country is wasted. Food waste is a huge problem in the country. Restaurant industry plays a significant role in it. There are several restaurants taking various measures to reduce waste. However, some of these efforts...
gender diversity

CSR: Gender Diversity can be Productive in Business

Gender Diversity in the business world makes a company more productive, as measured by market value and revenue, according to research conducted by Harvard Business Review. In a study of 1069 leading firms across 35 countries and 24 industries, it was found that countries and industries that view gender diversity as important, capture benefits...

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