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Business Ethics & Philanthropy

Digital Literacy

WhatsApp and NASSCOM Foundation collaborate for Digital Literacy in India

Leading up to the 2019 General Elections, WhatsApp and NASSCOM Foundation - the social arm of the industry body, National Association of Software and Services Companies (NASSCOM) – have come together to impart digital literacy training to help tackle the challenge of misinformation. This partnership aims to reach approximately 100,000 Indians with training to...
Election

CSR Arm of Kerala Firm to Contest Lok Sabha Election

Twenty-20, a corporate social responsibility arm of the Anna-Kitex group, one of the largest private sector companies in Kerala, has decided to field a candidate from the Chalakudy Lok Sabha seat. During the last panchayat elections, Twenty-20 had won 17 of the 19 seats from Kizhakkambalam panchayat that falls under the Chalakudy parliamentary constituency. There are...
responsible business

Indian government releases guidelines on responsible business conduct

Ministry of Corporate Affairs has revised the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGs) and formulated the National Guidelines on Responsible Business Conduct (NGRBC). These guidelines urge businesses to actualise the principles in letter and spirit. These principles are: 1. Businesses should conduct and govern themselves with integrity in a manner that...
Azim Premji

CSR: Wipro Chairman Premji pledges 34% of shares to philanthropy

Wipro Chairman Azim Premji has earmarked 34% of Wipro Ltd shares worth INR 52,750 crore ($7.5 billion) for his philanthropic activities. “Azim Premji has increased his commitment to philanthropy, by irrevocably renouncing more of his personal assets and earmarking them to the endowment, which supports Azim Premji Foundation’s philanthropic activities,” the Foundation said in a...
Justin Trudeau

The global nature of social activism

In 2018, Canadian Prime Minister Justin Trudeau came to the World Economic Forum at Davos to tell corporate leaders, "We’re in the new age of doing business. You need to give back. You need to be part of the solution." The expectations for companies and brands have never been greater. Social purpose, sustainability, and corporate...
volunteering

Inclusion, Social Justice and Volunteering: Creating Equal Opportunity for All

Oxfam’s ‘Public good or private wealth?’ report says that the human cost of inequality is devastating and today – a) 262 million children will not be allowed to go to school b) Almost 10,000 people will die because they cannot access healthcare c) 4 billion hours of unpaid care work will be done, the majority by women...
CSR Compliance

Guidelines for Firms in Non-Compliance of CSR Expenditure

India became the first country to mandate CSR spending by the corporates with the enforcement of new Companies Act in 2014. The legislation asks the corporates to rearrange their business models which would contribute in the national development. After the passing of this act, the CSR spending has been increasing every year. In fact,...
Human Capital

CSR: Human Capital Investment to meet SDGs

There has been a radical expansion in the role of the private sector in the social and environmental development sectors. The private sector is moving well ahead of governments on key issues such as carbon emissions, gender parity, green supply chains and diversity and inclusion. Organisations across the world are taking action and developing CSR...
Jacqueline Fernandez

Jacqueline Fernandez lends a hand to rebuild Kerala

Bollywood actress Jacqueline Fernandez recently visited Aluva in Kochi and interacted with the families affected by floods. She was in Kerala as part of the NGO Habitat for Humanity India’s campaign to support flood victims. The campaign - Jacqueline Builds - aims to construct 500 disaster-resistant houses for the flood-affected in Kerala. Jacqueline also visited...
Ethical Dilemma in Tech

CSR: Ethical Dilemma in Technological Development

Technological development is advancing at a rapid pace. Along with it, the unresolved problems ranging from data privacy abuse to fake news misinformation, mental health concerns to AI-induced job losses, are also on the rise. This is why ethics in tech is expected to remain a massive global topic in 2019. Technology has infiltrated every...

PM Modi wrote a letter to Gautam Gambhir. Here is what it said

Prime Minister Narendra Modi has lauded retired cricketer Gautam Gambhir for his contribution to the sport as well for his efforts to bring “positive difference in the lives of the lesser privileged”. Gambhir sponsoring the education of 50 children of CRPF personnel killed in action; bearing the education expenses of Zohra, daughter of a Kashmir...
Kavinder Singh, CEO & MD, Club Mahindra

Club Mahindra Employees Pledge to Devote 5000 Hours Annually to Improve Life Experiences of the Underprivileged

Club Mahindra launched an annual initiative - Mission S.M.I.L.E.S. (Social Movement to Improve Life Experiences) under its Employee Social Options Program (ESOP). As part of this all Club Mahindra employees pledged to cumulatively devote 5000 hours annually in Corporate Social Responsibility initiatives focusing on education, health and environment. To begin with, 180 employees and Club...

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