Business Ethics & Philanthropy

Climate change has been a major consideration across the globe for making major business or policy decisions. The rapidly warming of the planet has initiated a scramble among the policymakers and corporate decision makers to adapt sustainability and environment friendly approaches in everyday lives of their operations. IBM is one of the companies leading...

Vedanta Group, India’s leading producer of metals, minerals and oil & gas, in its recently released annual report has said that it has spent Rs. 331 crores on social impact initiatives in FY2021. The company has demonstrated its commitment towards community development and social welfare by spending 28 per cent or Rs 93 crore...

Only 27% of Social Enterprises have access to CSR fund to Scale Solutions, as per the India’s first Tech for Good Report 2021. It also says that 91% of the companies across the Industry are working on Tech for Good as a strategic priority. NASSCOM Foundation, in partnership with CGI has released this report...

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...

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...