Corporate Ethics

40 Central Reserve Police Forces (CRPF) jawans were killed in the biggest terrorist attack in decades on the armed forces in Kashmir last Thursday. While the Bollywood and sports world is rising up in support of their families, corporate India is waking up to its social responsibility in the wake of the attacks. Infosys Foundation...

A new study from cloud-based experience leader, InMoment, uncovered five trends, including one that reveals UK consumers are outshining their global peers in making social responsibility a priority when choosing which brands to support. The 2019 UK CX Trends study found that 42% of consumers say that brands’ support of environmental, social or political causes...

Since the UN’s Sustainable Development Goals have to be implemented by 2030, it requires immense effort not only from the government but also from businesses. The Indian Government is already using SDGs as a roadmap for formulating national policies and regulations. It is incumbent upon corporations to complement these actions. Reporting of SDGs is a...

The civil aviation industry in India has been one of the fastest growing industries in the country in recent years. India is currently the world’s third largest domestic civil aviation market and expected to become the largest in the next 10 to 15 years. The number of passengers carried by domestic airlines during 2017 was...

I was intrigued that every big programme launched by the Indian Hotel Company (also known as The Taj Group of Hotels) had small beginnings. Since 2007, IHCL was trying to undertake a lot of environmental initiatives. However, very soon they realized the lack of progress and its measurement. Meanwhile, figures showed that the travel and...

Cycling has gathered a lot of attention in India in recent years. Cycling tours, cycling activities, fundraising cyclothons, occupy a lot of city events page of major newspapers of megacities of the country. The benefit to the environment as well as health is the attraction for using and encouraging the use of cycles. Seeing an...

The average consumer is not aware of the staggering and depressing extent of food wastage and food loss in retail. If food has not been sold by its best before date, or if it is unsold close to, or past the best before date, retailers can send product back to the processor or manufacturer, and...

In today’s world, where CSR and corporate ethics is gaining a lot of importance, a company is expected to follow certain ethical standards in order to sustain. The marketers insist on placing the benefit to the consumers first to ensure maximum satisfaction and hence, retain the customers. However, despite the people seeking ethically responsible...

For India to become an inclusive society, it is important that the nation’s corporate sector sensitises itself to the country’s diversity, its gender differences, ethnicity, and tolerance, and emerges as truly inclusive. Role models In this regard, MphasiS and Vindhya E-Infomedia have put in place progressive and employee-centric policies, bringing them a social return on investment....

Investing on the basis of Environmental, Social and Governance (ESG) criteria is rapidly gaining ground in international capital markets, with over $20 Trillion in assets under management, or around a quarter of all professionally managed assets around the world. New research shows that ESG strategies adopted by funds are yielding higher returns, higher profitability, lower...

The theme of Globalization 4.0 at this year’s World Economic Forum meeting in Davos brought together the current digital revolution and its growing integration among people, companies and governments. Innovation combined with a society mobilized for action is the path to solving global challenges, including climate change. However, this issue is complex and multi-layered. Because...

As the World Economic Forum Annual Meeting 2019 came to an end on Friday after five days of brainstorming by over 3,000 leaders across hundreds of sessions, the organisers said the event this year made an impact on the world in as many as 33 ways. The WEF listed Prime Minister Shinzo Abe of...