Business Ethics & Philanthropy

By Manendra Singh, Associate Partner and Tanvi Goyal, Principal Associate at ELP Across the world, there is a growing demand on corporations to focus on sustainable development goals and strengthen the social responsibility of business. Working in sync with each other, while Governments are taking initiatives to bring legislative changes, investors also have started to...

Rohini Nilekani, writer, author and philanthropist, founder-chairperson of Arghyam Foundation, a non-profit that focuses on water and sanitation issues, founded in 2001. From 2004 to 2014, she was Founder-Chairperson and chief funder of Pratham Books, a non-profit children’s publisher that reached millions of children during her tenure. She is the Co-founder and Director of...

Motorola Solutions is a global leader in mission-critical communications and analytics. The conglomerate's technologies in land mobile radio mission-critical communications, video security and analytics and command centre software, bolstered by managed and support services, make communities safer and help businesses stay productive and secure. It serves more than 100,000 public safety and commercial customers...

Corporate Social Responsibility and sustainability are being used by businesses interchangeably. While the government of India envisioned CSR to catalyse philanthropic effort among businesses, sustainability – or core-business sustainability – entails transforming a company’s business model to achieve sustainability outcomes. Core business sustainability refers to the integration of the principles of sustainability into the business’s...

Amid COVID-19, the companies in India suffered heavy losses, subsequently reducing their obligation to spend towards CSR. But during this time, the need for support from the private sector was the highest, in order to contain the pandemic. Even during such difficult times, certain Indian companies took their responsibility towards society seriously and spent...

Welspun Group has announced the launch of ‘We Volunteer’ - a volunteering program aimed at enabling large-scale socio-economic growth. Driven in association with iVolunteer, the initiative is designed to empower Welspun employees and socially aware individuals to identify and guide the organization’s CSR spending towards areas that require maximum intervention. Through this programme, Welspun aims to accelerate...

India is the second-largest producer of cement in the world. It accounts for more than 7% of the global installed capacity. The cement industry plays a binding and pivotal role in both the infrastructure and socio-economic development of the country, by enabling employment generation for millions and by their CSR initiatives. In this context,...

Since its inception, Ambuja Cement has made India proud by making India self-sufficient in meeting her infrastructural needs. The company which is one of the most well-run companies in India has equally focussed on developing the community around which it operates. Corporate Social Responsibility initiatives of Ambuja Cement reach out to 2.7 million people...

Among the topmost prosperous countries in the world, Canada is a popular location for businesses owners and immigrant workers from all over the world. Environment sustainability and responsible conduct is becoming a business imperative in this nation, which has a diverse population and immense natural wealth. 1. Corporate social responsibility in Canada To enhance the ability...

Marico Limited, one of India’s leading FMCG majors, has topped the charts amongst all FMCG companies in CRISIL’s recently launched ‘ESGauge’ – the ESG performance scores. It accredits the organisation’s commitment to set the benchmark for sustainability and accountability in business operations. In the report, which mapped ESG frameworks and implementation for 225 companies (largest...

Banks can accelerate the transition toward a sustainable economy by adopting new impact-reporting standards that account for social- and environmental factors, a group of leading financial institutions said in a call to action on Wednesday. Financial firms need new reporting rules that pull positive and negative externalities like job creation and pollution into standard practices...

The United States of America is the third-largest country in terms of its area and houses the third-largest population in the world. The country is known to have a hegemony across the world, as its currency is used as the standard currency for all foreign trade. The USA popularly referred to as ‘The States’...