Overall CSR spends by corporates saw a significant 22 per cent rise in 2015-16, with bulk of the money going into education, skills development, healthcare and sanitation initiatives, a research report said. “In absolute terms, total money spent on CSR rose by Rs 2,500 crore to Rs 8,300 crore in fiscal 2016. However, another Rs …
Firms these days use various cards to attract consumers. Corporate Social Responsibility (CSR) activities are one of the popular cards these days. It refers to business practices involving initiative that benefits the society.
Social responsibility is an ethics theory that tries to balance the relationship between “good business” and “good for society” concepts. Corporate Social Responsibility or CSR has been defined by Lord Holme and Richard Watts in The World Business Council for Sustainable Development’s 2000 publication ‘Making Good Business Sense’ as “…the continuing commitment by business …
How do I know if my company is socially responsible? Read More »
In this regard, various RoCs have submitted their reports to the Ministry, which is implementing the Companies Act. More than 530 firms have come under the scanner of the government for violating CSR spending norms under the companies law and are likely to face action.
Corporate social responsibility, or CSR, refers to the policies established and efforts taken by businesses to affect a positive impact on their local communities and the planet as a whole. It’s a term heard in company boardrooms a lot these days as more and more executives become aware of the benefits of CSR programs …
These 3 Companies Are Helping the Environment through Corporate Social Responsibility Read More »
