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CSR: 5 Things To Leave Behind In 2018
Last day of the year is often used to reflect on how the year has passed and evaluate the events to draw learnings out of them. 2018 was an eventful year for India in terms of development, business and CSR. Before welcoming the new year, we want to ensure that we leave these five...
CSR For The War Veterans of India
India Inc. showed a rise of 47 per cent in Corporate Social Responsibility (CSR) spendings in 2017-18 compared to 2014-15, according to the KPMG India CSR Reporting Survey 2018. However, according to the survey, the CSR expenditure by Indian companies on war veterans this year accounted to only 7 crores, significantly less compared to...
CSR: Maharashtra Government’s Scheme to Protect Endangered Marine Life
The eco-system of our beloved planet consists of interdependent flora and fauna which constitute a complex web of life. This biodiversity is vital to the existence of earth. Thus, extinction of a single species may affect the whole biological system pertaining to life and living things. Unfortunately, the improper interference of human beings is...
CSR: Hazards in Farming
Farming is one of the most important yet most distressed vocations. Farmers are burdened with a huge responsibility to feed the world’s population, which is constantly rising. And to fulfil this, they often play with their lives on the fields.
Contrary to the perception, farming is one of the most dangerous activity. A farmer is...
CSR: The true spirit of Christmas
You may feel that Christmas is a license to eat and drink too much, and yet the idea of transcending ordinary limits has been part of solstice celebrations for hundreds of years. You don’t have to go to literal extremes, but you can stretch your personal rules, based on the idea of days or...
Citizen Social Responsibility (CSR) – Party Responsibly
Party responsibly this holiday season to do your citizen social responsibility (CSR). New Year’s Eve has the highest incidents of road accidents, drunk driving, and underage drinking. There are also numerous incidents of vandalism and molestation. Christmas parties have been stripped of their religious significance and have been converted into an excuse for gluttony...
Using CSR Funds for Political Gain
While the steady increase in companies’ corporate social responsibility (CSR) spends since 2014 under the Companies Act is to be welcomed, a disaggregated look at the spending leads to the disturbing conclusion that CSR funds are becoming subject to political pressures.
In 2017-18, the mandatory CSR expenditure under Section 135 of the Companies Act was...
New-age companies are bringing structural change to CSR
There are about 3.1 million NGOs in India – of which around 1.2 million are operational – there is little verifiable data available to make an accurate assessment of the sector. Companies like Impactify and Samhita are bringing a shift in the mindset among corporates by making them understand that they need to be involved in...
7 recos to reduce food wastage on a large scale
The production of food that will not be consumed needlessly uses up natural resources, generates greenhouse gas emissions, and creates waste. We have some recos to reduce food wastage. Here's what can be done for large-scale impact on food loss.
1. Common definitions and metrics
The absence of a shared definition of food loss and waste...
Corporates Working To Fight Child Malnutrition
According to the World Health Organization (WHO), roughly 7 million children under the age of 5 die each year from preventable causes across the globe. Malnutrition is the underlying cause of 45 per cent of these deaths. In India, malnutrition among children is a major concern too, belying nation’s increasing economic achievement.
According to a...
Limitations of The CSR Mandate
In 2013, the government of India mandated the companies that makes a net profit above a specified threshold level, to spend to per cent of it on CSR. The law came into effect in April 2014. The law has brought in a lot of participation from corporate India in national development. However, there are...
CSR Top 10: Responsible Business Rankings 2018
Companies undertake many types of responsible business activities. It is difficult to comprehend easily the breadth and scope of their work. A new study uses a measure called the Spread, which is indicative of how broad-based the responsible business activities of a company are and is a combined score of the four criteria: Disclosure,...