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Business Ethics & Philanthropy

There is a Gap Between Ambition and Action on Climate Change by Companies: Survey

According to a recent Deloitte report, while business leaders are becoming more aware of the potential implications of climate change on their organisations and communities, there is a gap between ambition and action. The report polled over 2,000 executives from 21 countries across North America, Europe, Africa, Asia, and Oceania. These executives, whom Deloitte...

MCA pains India Inc. today so that India gains tomorrow

By Lehar Tawde, Co-founder, ConnectEd Technologies On 1st April 2014, India became the first country in the world to make it mandatory for certain companies to undertake specified philanthropic efforts towards social, environmental and human development concerns that plagued the country. As part of newly introduced Section 135 of the Companies Act, every company with...

What you need to know about the MCA’s mandatory Form CSR-2

The government had mandated that Corporate India publish a comprehensive report on their specific CSR initiatives. With the new 11-page form notified by the MCA on February 11, 2022, companies will have to provide the details of the CSR amount spent in the three preceding financial years and details of all ongoing projects. This additional...

Top Film Stars from South India known for their Philanthropy

Film stars in the Southern states of India not only have a large and devoted following but also do tremendous amount of charity work alongside their acting work. 1. Chiranjeevi Chiranjeevi first laid the foundation of the Chiranjeevi Charitable Trust (CCT) in 1998, which works with eye banks and blood banks. The actor himself is a...

Asia Dialogues forum says Diversity and Inclusion must be connected to eventual business outcomes

Asia’s first and largest network of thought leaders, has launched 'Asia Dialogues’ with a Diversity and Inclusion event. Asia Dialogues is a forum that intends to build conversations on topics of urgent and immediate focus for the Asian region by bringing people together for progressive discussions on issues important for Asian businesses, governments, media...

India Inc. Leading in Integrating Sustainability in Business Strategies: Report

According to a new study, 57% of Indian businesses have a sustainability strategy that has been implemented and communicated clearly. This is in light of the expectation of sustainability becoming the driving force of corporate success in the coming decade. Now with the Government of India also emphasising heavily on sustainable development as highlighted...

Google, Amazon, Apple Fail To Meet Climate Change Targets

According to a study of 25 corporations, many of the world's largest corporations are failing to fulfil their own climate change targets. The New Climate Institute report has indicated that these companies frequently misrepresent or misreport their success on a regular basis. Companies Responsible for 5 per cent Emissions According to the survey, Google, Amazon, Ikea,...

Vitalik Buterin with a new solution to Tackle Ethereum’s Sky-High Gas Fees

Ethereum has been one of the standout cryptocurrencies since the inception of digital currencies. Its status as the most popular Layer-1 protocol and its pioneering status in the invention of DAPPs, DeFi, and NFTs has cemented its place as the second most popular token in the world, only behind bitcoin. Despite these feet, Ethereum...

Rs. 4 crore in rewards for NGOs in GiveIndia Fundraising Challenge

At a time in which many nonprofits have struggled to stay afloat, GiveIndia’s annual fundraising challenge - starting tomorrow, February 1 - comes as a boon with Rs. 4 crore to give away as rewards to NGOs who participate. In the last seven years, Bengaluru-based GiveIndia has awarded more than Rs. 10 crore to participating...

Role of Women in Developing the Landscape of Philanthropy

According to Forbes, there were 328 female billionaires last year, up by 36 per cent as compared to the previous year. It has also been estimated that women's global wealth will reach $81 trillion by 2023. As the wealth of women increases so does their participation in the philanthropic community. And with increasing participation in...

Global Sustainability Report: 3M Commits to Carbon Neutrality by 2050

Continuing our series of reports on multinational corporations, today we are going to explore the sustainability initiatives of 3M. The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods. The company based in Maplewood, a suburb of Saint Paul, Minnesota, made $32.2 billion...

National Girl Child Day: Women Philanthropists Proving the Ability of an Empowered Girl Child to Give Back to the Society

Every year on January 24, India commemorates National Girl Child Day. The day is observed to raise awareness about a girl child's rights and to emphasise the importance of her education, health, and nutrition. The day created by the Ministry of Women and Child Development also strives to support and give opportunities for girls...

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