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Tata Trusts launch Incubation & Design Centre for handloom and craft development in Odisha
The Tata Trusts have launched an Incubation & Design Centre for handloom and craft development in Odisha. The Centre will serve as learning and business development hub to help rejuvenate handloom clusters by providing a comprehensive end-to end programme. The centre will facilitate development of weaver-entrepreneurs and weaver-designers to build a community of micro-entrepreneurs.
The...
CSR: Importance of Social Mobility for Businesses
Social mobility is an issue relevant to many organisations around the world. Whether it is about tackling inequality or taking action to improve opportunities in the workplace these issues are plaguing the world. The level of social mobility in a society is an indicator of the fairness of society. A society with a high...
Accelerating India’s Transition to Renewable Energy
India’s renewables story thus far has been a huge success. No country of India’s size and low income per capita has done so much to bring the costs of renewables down, or position itself to leapfrog into a cleaner electricity system so early in its development pathway.
India’s renewable policy 1.0, initiated notably with the...
Are We Failing The Mentally Ill?
Among the many challenges India faces, the most underappreciated is the ongoing mental health crisis. Mental illness is actually India’s ticking bomb. An estimated 56 million Indians suffer from depression and 38 million from anxiety disorders. For those who suffer from mental illness, life can seem like a terrible prison from which there is no hope of escape;...
Social empowerment of sex workers
Sex workers routinely face discrimination and extremely high risks of violence, particularly at the hands of the police and clients. In 2004, at least eight incidents of violence were reported per sex worker per year in India, says a report by UN Women. Sex workers in that country are also among those at highest...
UN Women and Procter & Gamble announce #WeSeeEqual commitment to gender equality
Co-hosted with UN Women, P&G’s first IMEA #WeSeeEqual Summit brought together business and government leaders, and influencers to share inspiration and surface insights around the myths that prevent us from accelerating our progress for gender equality.
The Summit brought together the leading voices to share perspectives on gender equality in its many facets including women’s...
Philanthropist Yusuf Hamied donates 8.7 crores to Royal Society of Chemistry in India
Indian businessperson, scientist and philanthropist Dr. Yusuf Hamied, has announced the launch of the new Inspirational Science Programme with a significant donation of 8.7 crores to the Royal Society of Chemistry in India.
News of the funding comes as Dr. Hamied and the Royal Society of Chemistry celebrate the successful completion of the Yusuf Hamied...
CSR: Cause-Related Marketing – An Innovative Approach
Cause-Related marketing is a way of involving customers in the company’s CSR projects. For example, P&G India announces in its TV commercials that the customers can participate in contributing towards the education of the underprivileged with an organization called ‘Shiksha’ by purchasing P&G products. It’s where a charitable cause is linked to a purchase....
UBS and Pratham roll out financial literacy app Meri Dukaan
In line with its commitment to making a positive impact in the community, UBS launched a gamified financial literacy app – Meri Dukaan – in partnership with the Pratham Education Foundation. In its pilot phase, Pratham will launch the app in 100 training centers across the country.
UBS India community affairs and the UBS Optimus...
Top Companies in India Push Internal Carbon Pricing
Investors are now starting to put vital environmental data at the heart of their decision-making to understand and reduce risks, protect investments and seize opportunities. It has become more important than ever for organisations to not only disclose but also commit to actions that can lead to measurable positive impacts.
Setting an internal carbon price...
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...
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...