Business Ethics & Philanthropy

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...

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...

Tata Steel is the 10th largest steel producer in the world. It is one of the world’s most geographically diversified steel producers. Together with its subsidiaries, associates and joint ventures, the Company’s operations are spread across five continents with an employee base of over 65,000. Tata Steel is a socially conscious corporate citizen, which has...

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...

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...

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,...

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...

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...

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...

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...

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...

In light of the continuing pandemic, health has become the biggest priority for people and nations alike. In India, the pandemic exposed several gaps in the existing healthcare infrastructure; however, the government has been quick to come up with reforms and policy level changes to address the issues. Yet there is still in need...