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Business Ethics & Philanthropy

Global CSR Report: Sony for Sustainability

The Sony Group is a global organization with a broad range of businesses around the world—electronic equipment, devices, game consoles, digital networks, motion pictures, music, and financial and insurance services. The group’s management approach is “getting closer to people,” and its purpose is to “fill the world with emotion, through the power of creativity...

PM CARES Fund is an oxymoron where CSR donations disappear

In an earlier editorial on the future of CSR funding in post-lockdown India, we had raised doubts over the transparency of the PM CARES Fund. Turns out, The CSR Journal is not alone. Trinamool Congress leader and MP, Mahua Moitra, broke the internet with her intelligent critique on this same Central government scheme in...

Rise of CSR and ESG destroys Friedman doctrine on its 50th anniversary

September 2020 marks 50 years since Nobel Prize winner Milton Friedman told us that “greed is good”. His polarising editorial, 'The Social Responsibility of Business Is To Increase Its Profits,' was published in New York Times Magazine on September 13, 1970 and went on to haunt the markets for decades to come. However, the...

CSR: LEGO Commits to be a Sustainable Toy Brand

As the world suffers from the impacts of plastic pollution, people are becoming more conscious about choosing products that minimise plastic pollution. Such activism by consumers has inspired many businesses leading them to a path to sustainability. One such company is LEGO. LEGO has announced that they will be replacing the plastic packaging from their...

Meet the James Bond of Philanthropy

We often come across millionaires and billionaires who eventually go broke. They are usually self-made businessmen carried into oblivion by delusions of grandeur. However, none of them is like Charles 'Chuck' Feeney. He has gone broke on purpose! The generous former billionaire in America has earned himself the moniker “James Bond of Philanthropy” for...

Corporate Social Responsibility: Apple and Singapore Government Reward Citizens for Keeping Healthy

Singapore is known for being the information and technology hub in the Asia Pacific as well as taking revolutionary decisions to bring about the overall development of its citizens. It is one of the richest countries in the world and ranks 4 as per GDP at purchasing power parity. Work-Life balance in Singapore This high tech...

Docu ‘The New Corporation’ depicts false CSR claims by international cos

For many filmmakers, COVID-19 has derailed their projects. But for the Canadian co-directors of The New Corporation: The Unfortunately Necessary Sequel, it actually added to their themes, and the two worked feverishly to incorporate the pandemic in time for the Toronto International Film Festival. Premiering at TIFF, the up-to-the-minute documentary by Joel Bakan and Jennifer...

Top 20 Indian Companies for CSR in 2019

COVID-19 has taken up the lion's share of CSR funding. We were keen to know what the companies adjudged for Best Practices in 2019 have achieved more recently. Tata Chemicals Ltd. was ranked the number one company third year in a row for Sustainability & CSR practice in Responsible Business Ranking 2019, a study...

ITC Ltd. Chairman Sanjiv Puri reaffirms company’s superordinate national purpose

In his AGM address, Sanjiv Puri, Chairman, ITC Limited shared his vision on the organisation’s top strategic priorities in preparing for the ‘Next Normal’ and Reimagining the Future for ITC during the unprecedented times, its resolve to support an Atmanirbhar Bharat as well as the Company’s superordinate national purpose to create larger value for...

Treeni partners with Manipal Foundation for CSR management

Treeni Sustainability Solutions Inc. has entered into a new partnership with Manipal Foundation for a CSR management contract from FY 2020-21 onwards. Manipal Foundation is the social and philanthropic arm of Manipal Education and Medical Group (MEMG). Treeni has been working with Manipal Foundation since 2016 and the resustain™ platform has helped in digitizing CSR projects...

CSR at Larsen & Toubro is Constructing a Robust and Sustainable India

L&T is synonymous with large infrastructure projects in India. Be it Highways, Power Plants, Weapons, Nuclear Power Plants, Metros or for that matter World's Tallest Statue - The Statue of Unity in Vadodara, Gujarat, Larsen and Toubro has made India proud for years. L&T is a conglomerate with a major presence in engineering, construction, technology,...

Anand Mahindra, Shantanu Narayen win 2020 Leadership Award for strengthening US-India bilateral ties

At the US-India Strategic Partnership Forum (USISPF) third Annual Leadership Summit entitled U.S.-India Week: Navigating New Challenges, Anand Mahindra (Chairman, Mahindra Group) and Shantanu Narayen (Chairman and CEO, Adobe) were conferred with the 2020 Leadership Award for exemplary vision towards promoting U.S.-India bilateral ties. The 2020 USISPF Leadership Awards is given to two business leaders...

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