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Business Ethics & Philanthropy

CSR Leaders Discuss The Current Challenges And Table Solutions

Treeni Sustainability Solutions, a software product company established by sustainability practitioners and technology experts, hosted its third edition of the ‘Sustainability for Breakfast’ event recently. The theme for this edition was “Role of technology in CSR enablement.” The discussion panel included Meera Rajeevan, Program Director, Sarojini Damodaran Foundation, Shoma Bakre, Founder and Managing Trustee, Let’s...

Business Environment In India Is Better But Not Good: Michael Porter

A handful of corporate titans, young entrepreneurs and researchers on Wednesday got an opportunity that even some students of Harvard Business School do not get. They got a crash course in business and economics from Michael Porter. The business strategist and economist teaches at Harvard. A student who wants to attend his lectures has to clear...

‘CSR By Global Brands Must Look Beyond Tier-1 Of Leather Supply Chain In India’

Employees sort different grades of tanned leather skins into piles at a tannery in Kolkata. The ICN report found a wide gap between the price of the end product and wages in three hubs. ICN report finds widespread labour, gender, caste discrimination in Agra, Kolkata and TN

CSR Opportunity to Educate and Empower Masses

The first and foremost initiative to strengthen public libraries is to support Raja Rammohan Roy Library Foundation by funding its regular activities to promote setting up libraries in the country.

Lets Make Sustainability An Attitude, Not Just a Function

Sustainability reporting encapsulates any company’s economic, environmental and social impact through the running of its business.

Taiwan To Legislate On Corporate Social Responsibility: Vice President

The Taiwan government is drafting an amendment to the Company Act that would require businesses to "internalise" good governance and social responsibility, Vice President Chen Chien-jen (陳建仁) said on Wednesday. At an award ceremony for businesses that have shown excellent corporate social responsibility, Chen said that as enterprises pursue profits, they should also take responsibility...

Bajaj Wants Govt To Clarify On Tax Exemption On CSR Spending

Bajaj Group patriarch Rahul Bajaj has asked the government to clarify whether the Indian firms spending two per cent of their profits on corporate social responsibility, as mandated by the new company law, should get tax exemption on it. Citing the conflicts in the tax laws, the veteran industry leader on Saturday said that when...

Leverage CSR To Address Developmental Challenges: President

President Pranab Mukherjee urged India Inc to leverage corporate social responsibility (CSR) to address higher developmental challenges in India, saying the country needs visionary business leaders to catalyse the growth process. "I would like to remind industry that just as much as the funds, the country also needs your ideas, energy and drive. I urge you to leverage CSR...

GNFC Wins Golden Globe Tigers Award

State-owned Gujarat Narmada Valley Fertilisers and Chemicals Ltd (GNFC) has won the prestigious Golden Globe Tigers Award for Excellence and Leadership in CSR in the category of ‘E-Payment Leadership’ for the implementation of digital transactions in its township at Bharuch, Gujarat. The award recognizes ‘Tigers’ in marketing, branding CSR & social innovation, education & academic...

Only Law Can’t Guide Fairness In Business, Inner Value System Can: Suresh Prabhu

Union Railway Minister Suresh said, being fair in any business is the key to maintaining equality and a better business culture. He was speaking as the chief guest at the 29th Council for Fair Business Practices (CFBP) Jamnalal Bajaj Awards. Prabhu pointed out inequality and the gap between haves and have-nots as the root causes...

Three Years Of CSR: Spending On The Rise, Yet Hurdles Remain

Corporate social responsibility (CSR) rules, implemented in April 2014 under section 135 of the Companies Act, have generated a buzz for their innovative approach to social development, and helping channel funds from companies towards such activities. But even as annual CSR spend is on the rise, the impact on the ground and effective deployment of...

Nepalese Enterprises Have To Spend 1% Of Profit In Social Causes

Nepalese government will soon start implementing the provision of newly introduced Industrial Enterprise Act that the industries need to allocate at least 1% of their annual profit for social welfare. Clause 48 per the Industrial Enterprise Act 2016 states, big or medium scale enterprises as well as small enterprises having annual turnover over 150 million...

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