Business Ethics & Philanthropy

It has been said over and over again, that ‘Women are their own worst enemies. With repeated studies, dialogue and content published that says the same, it has almost become a belief. This is a grave injustice and a stereotype imposed on the womenkind that disregards the spirit of sisterhood among women. In a move...

Steve Jobs was a visionary proponent that “Great things in business are never done by one person. They're done by a team of people.” When two outstanding companies collaborate on social initiatives, they create new opportunities for growth and enhance leadership in the industry. Since the advent of The Companies Act 2013, the CSR (Corporate...

India inc. is facing the financial impacts of climate change which may limit its ambitious growth plans. 42 of the companies responding to investors through CDP’s environmental disclosure system reported a staggering ₹714000 crores at risk from climate change. The growing ESG disclosure requirements are prompting an increasing number of Indian businesses to wake up...

Samsung Electronics is committed to devoting human resources and technology to create superior products and services, thereby contributing to a better global society. The company that had, as of 2019, 230 worldwide operating hubs, including its, headquarter in Suwon, South Korea, manufacturing subsidiaries, sales subsidiaries, design centres and R&D Centres while operating 15 Regional...

Cognizant has announced a new five-year $250 million effort to advance economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities around the world. Building on its long-standing investment in corporate social responsibility, Cognizant, with its extensive global presence, will work to create stronger, healthier, and more inclusive communities as they...

The Asia-Pacific region’s move towards a sustainable, low-carbon energy future is now more critical than ever as it builds back better together from the COVID-19 pandemic, high-level delegates stressed today at the opening of the Third Session of the Committee on Energy, convened by the United Nations Economic and Social Commission for Asia and...

As we restart 2021 in the midst of the global pandemic, companies are doubling down on ESG targets, responsible business practices and initiatives to solve future disasters. Says Rahul Agarwal, MD and CEO, Lenovo India, “Technology can play a fundamental role in improving resilience in communities impacted by natural and other disasters. Lenovo aims...

Axis Bank is a leading private sector bank in India, which commenced its operations with the opening of its first branch in Ahmedabad in April 1994. It focuses its CSR initiatives in creating sustainable livelihood, promoting education and skills development, creating awareness amongst the public at large on public interest topics including financial literacy,...

The economic crash caused due to COVID-19 pandemic has heavily impacted the CSR spending by the corporates in Financial Year 2019-20. According to the official data available on the Ministry of Corporate Affairs, about 50 per cent dip has been observed in CSR spending of businesses in FY20 as compared to FY19. According to the...

Corporate Sustainability is no more an act of philanthropy but an act of essential business practice. The educated and aware consumers of today are very conscious about how the brands and companies they associate with are stepping back to look at the big picture and take actions for a greater good. In order to meet...

As companies adjust to a “new normal,” the role of technology could not be bigger. If the COVID-19 crisis has taught us anything, it is that you need to be ready for any sudden disruption in the market. Large corporations which were slow on the uptake of new tech in the past had to...

Initiating discussions to decode the CSR Amendments 2021, Samhita Social Ventures and Noshir Dadrawala, Programme Director at the Centre for Advancement of Philanthropy cohosted a webinar and engaged with over 150 representatives of companies, philanthropic trusts and foundations on 3 February 2021. Hoping to guide the representatives of companies, philanthropic trusts and foundations, the webinar...