Business Ethics & Philanthropy

After the Companies Act, 2013, many family-owned businesses have set up foundations that are at times also used to deploy personal wealth for philanthropy. More evolved Next Generation Philanthropists (NGPs) have established tight governance structures, and are adopting successful business practices to create a dynamic culture of giving and a positive work environment. Chetan Mehrotra...

The non-medical use of prescription drugs is becoming a major threat to public health. Drug addiction has crippled youth across the globe. The problem is highly prevalent among the youth of Punjab in India. The All India Institute of Medical Sciences in Delhi conducted the first comprehensive study in 2015 to estimate the magnitude...

Coffee is one of the most popular beverages in the world. While about 2.5 billion cups of coffee are consumed every day in the world, India is still lagging behind in the area. However, India is one of the top 10 coffee producers in the world. Coffee culture in India is rising over time. The...

The United Nations’ Sustainable Development Goals (SDGs) formulation has been a more open and more inclusive process than the formulation of the earlier Millennium Development Goals (MDGs) driven by United Nations Member States. Whereas MDG 3 had a single target focussed on education, SDG 5 proposes a range of targets to end discrimination, violence and...

Heads of corporate social responsibility at 27 major companies have come together to launch the CSR Board today. The mission of the group is to help members engage in management-level discussions with a trusted network of their peers. The group is managed by Board.org, a membership organization where senior-level leaders at big companies collaborate in...

With advancement in technology, a large number of electronic devices are becoming obsolete almost on a regular basis. Bulky computers, TV sets, VCRs, Fax machines, Printers, CD Players top the list. These devices contain harmful materials such as beryllium, cadmium, mercury and lead which can pose a threat to the environment if not disposed...

Thousands of Amazon employees have gathered up to stand up against Climate Change. More than 6000 employees of the corporate giant have signed on an unprecedented open letter to CEO Jeff Bezos, demanding that the company do a better job of addressing climate change. The letter has circulated across the company and is garnering...

With growing concern across the globe for protecting the environment, carbon pricing has garnered a lot of attention by the governments. The countries all over the world are setting up a carbon tax in order to be more accountable for the emissions caused by them. Joining in the movement of fighting against climate change,...

India has significant distance to cover on almost all development fronts. Its ranking on global development indicators like the Human Development Index (HDI) and the SDG index hasn’t improved substantially in recent years. The country ranked 130 on the HDI in 2018, the same ranking as in 2014, and 112 on the SDG index...

CSR has gained a lot of attention in recent years at a global level. The humanitarian image that it is associated with has attracted marketers of big corporates. With the alignment of a social cause or public service endeavour with a company’s core beliefs and ethics, CSR helps in building a brand identity beyond...

Niti Aayog vice-chairman Rajiv Kumar has underlined the need to mobilise funds from all sources especially corporates to achieve the Sustainable Development Goals (SDGs). Kumar further said the focus should be on 'conscious capitalism' wherein corporates go beyond chasing bottomline and focus on ensuring maximum social return. "If corporates can make SDGs as part of...

NASSCOM Foundation hosted India’s largest Technology industry-specific CSR Conference – The CSR Leadership Conference (CLC) 2019 in New Delhi in partnership in with ICICI Foundation. Ashok Pamidi, CEO, NASSCOM Foundation said, “With Industry Revolution 4.0 technologies, we are at the threshold of what could be history in the making. Human Centred Innovations aim to engineer...