Business Ethics & Philanthropy

According to a TeamLease EdTech poll, a substantial majority of corporations in India want to expand their Corporate Social Responsibility (CSR) financing for skilling and education in 2022. According to the poll, which included over 100 organisations from around the country, approximately 70% intend to raise their CSR spending on education and skilling in...

Godrej Consumer Products Limited (GCPL) is a consumer goods company under the Godrej Group. As a leading emerging markets company, GCPL enjoys the patronage of 1.2 billion customers globally. In the fiscal year 2020-21, Godrej Consumer Products Ltd. (GCPL) spent Rs. 34.08 crore on its CSR initiatives. Over 2.77 lakh persons from the most vulnerable...

By Manuelle Malot , Director of Careers and Prospective at EDHEC Business School At a time when companies deplore the lack of enthusiasm for the managerial function and when the younger generations expect managers to behave differently from their predecessors, could women be the future of management? For the new generations, a manager whose authority is...

Bollywood megastar Akshay Kumar inspires millions with his socially conscious films, and continues the good work offscreen with his philanthropy. While the actor earns well by doing three to four films in a year, Akshay never forgets to give back to the society and his fans who are the reason behind his success. The...

80% of the top 100 companies for sustainability and CSR in 2021 incorporate the Sustainable Development Goals (SDGs) in their responsible business actions. The list of top 100 companies for Sustainability and CSR in 2021, prepared by Futurescape, reveas that the top 25 companies also map their business goals with respect to SDGs. The year...

The year 2022 will be marked as the recovery year after the pandemic. It is expected that during this year, the innovative startups and social enterprises that were established during the last two years will get a major boost, allowing the growth of the number of young wealthy people. This will, in turn, also...

Minda Corporation Limited, the flagship company of Spark Minda received the 6th ICSI CSR Excellence Award for innovation and sustainability in managing Corporate Social Responsibility in the emerging category on 18th December. With the intent of creating an all-pervasive awareness for good governance in India Inc., the award promotes and recognizes the exemplary performance of...

Governments across the world support the nonprofit sector through various measures. One of the most common and visible of these are tax incentives on charitable donations made by individuals and corporates. The Centre for Social Impact and Philanthropy (CSIP), Ashoka University, and Centre for Budget and Governance Accountability (CBGA) conducted a study on the relationship...

There seems to be a heightened social consciousness with 61% of participants in a new Indian survey preferring to work for a company that engages meaningfully in corporate social responsibility (CSR) and 55% believing in purchasing products from socially responsible businesses. Close to 500 individuals from across the country participated in the annual GiveIndia...

14 philanthropists have joined the Giving Pledge this year, bringing the total number of signatories to 231 from 28 countries. Now in its 11th year, the Giving Pledge is a global, multi-generational commitment by some of the world’s wealthiest individuals and couples to give the majority of their wealth to charitable causes, either during...

ICICI Prudential Life Insurance has become the first Indian insurance company to sign the United Nations-supported Principles for Responsible Investment (UNPRI). The company has thereby reaffirmed its commitment towards Environment, Social and Governance (ESG) issues. What is UNPRI? The UNPRI is the world’s leading proponent of responsible investment. It works: - to understand the investment implications of environmental,...

Vedanta Chairman Anil Agarwal is the only Indian to become part of The Giving Pledge this year, an initiative founded by Bill Gates in association with Melinda French Gates and Warren Buffet. He has pledged to give 75 percent of his wealth towards philanthropy and social good. Now in its 11th year, The Giving Pledge...