As corporate social responsibility (CSR) continues to gain global attention, it’s clear there are many voices influencing the conversation. Investors and stakeholders, legislators, regulators, and consumers all have a vested interest in corporate consciousness initiatives, but it’s the supply chain that continues to play a major role in influencing the evolution of CSR.
Corporate social responsibility (CSR) is rapidly turning into a buzz word that is revolutionising the dynamics of the corporate world. For countries in the Gulf, the CSR concept has become immensely popular. However, implementation of CSR initiatives differ strikingly from strategies adopted in the West.
MNCs are tapping their knowledge in analytics, software, cloud-based solutions to fix social problems. The best way of meeting corporate social responsibility (CSR) goals is by playing to your strengths.
According to a 2015 Cone Communications Global CSR study 90% of global consumers are likely to switch brands to one associated with a good cause, given comparable price and quality. Consumers overwhelmingly want CSR and corporations realize that it is imperative, this is nothing new.
As many as 460 companies spent a little over Rs 6,337 crore for CSR activities. Companies spent over Rs 42 crore towards ‘Swachh Bharat Kosh’ as part of their corporate social responsibility (CSR) activities in 2014-15, Parliament was informed on Tuesday.
