Business Ethics & Philanthropy

When it comes to achieving the Sustainable Development Goals (SDGs), one company which has made a clear commitment is Ingersoll Rand India Ltd. Their '2030 Sustainability Commitment' is designed around supply chain and operations, world-leading products, systems and services, and enhancing the quality of life. The CSR Journal asked the firm's Chairman and Managing...

The UN’s industrial development organisation (UNIDO) defines corporate social responsibility (CSR) as a way of integrating social and environmental concerns in business strategies while satisfying, at the same time, economic interests. The concept of “triple bottom line” coined by John Elkington in 1994 merges in a single idea the intrinsic need for businesses of creating...

Modern-day slavery is highly prevalent in the global supply chains of big business conglomerates. Especially in developing nations, many workers are forced into labour in inhumane working conditions. While CSR, with welfare initiatives, can uplift the lives of the labourers, it is not enough to eradicate modern slavery altogether. The concept of Business and...

By Sudeep Gupta and Joy Sharma, Founding Partners, Impactify For a long time now, the social sector has been facing critical issues pertaining to funds – a lack of it to be precise. Regardless of the fact that the social sector’s intent and goals are sincere, the reality is that it faces a huge challenge...

By Mohana Nair, President, Ladies’ Wing of the IMC Chamber of Commerce and Industry Entrepreneurship needs a different mindset. It is much easier to work for a boss rather than to be the boss yourself. Women have a much more difficult task leading an enterprise than men do. Men are easily accepted as leaders, while women heading...

A 90-minute drive from Delhi lies Birondi Chakrasenpur village in Dadri block of Uttar Pradesh's Gautam Buddha Nagar district. The government-run secondary school in the village is as plush as any private institution - its well-maintained classrooms bursting with students, a melange of colour on their walls, plenty of drinking water available, a clean...

The latest World Economic Forum report states that India is the fastest growing, large economy (GDP growth–7.5%), and by 2030 is forecasted to become a USD 6 trillion economy. This consumptiondriven economy is creating a new landscape, governed by consumers and stakeholders like the NGOs and media. The private sector and brands are not just...

As India votes for its next government, how is the Adani Group placed? Among the tailwinds working in the group’s favour is the perception that it is close to the Bharatiya Janata Party. But this has also resulted in chatter about political risk for the conglomerate. This perception is disputed by the company. “Our journey spanning...

The demise of ITC Group Chairman Yogesh Chander Deveshwar (72) on May 11 has come as a big shock for the corporate sector. Deveshwar is credited with steering ITC through turbulent times and diversifying the group from a tobacco company to a hospitality, FMCG and IT conglomerate. His death will have far reaching impact...

Hiring of differently- or specially-abled professionals by Indian recruiters has still a long way to go, if the recent survey findings by recruitment and flex-staffing firm Genius Consultants are anything to go by. The survey finds that the bulk of recruiters, or about 85% of the respondents, have either not hired or are companies in...

Areas around Kodaikanal lake got a facelift with renovated public toilets, better railings and levelled footpaths, on May 3. The Carlton hotel, in a bid to boost tourism-related infrastructure, began working on repairing the municipality-owned toilet block near the Kodaikanal lake. The renovations were a result of the organisation’s Corporate Social Responsibility activities. The lake surrounded...

Corporate ethics are key to satisfying a company’s stakeholders. Both consumers and employees place increasing emphasis on corporate social responsibility (CSR) and expect businesses to act accordingly. A recent survey from Clutch shows that 75% of people consider a company's values when deciding to shop there for the first time. To attract and retain customers, brands must...