Bottom 10 Companies (Percentage – wise) in spending prescribed CSR spends
(These figures are for the CSR spend in FY 2014-15) Source – NGO Box
CSR Spending in Pharmaceutical Sector Companies
Out of 11 pharmaceuticals sector companies only 5 companies could spend the prescribed CSR amount.
Top 10 Companies ( Volume – wise ) in Actual CSR Spent
Reliance Industries, Infosys and TCS emerge as the top three CSR spenders, volume – wise with Reliance Industries spending almost 42% more than the prescribed while TCS missing the target by one – fourth of the amount. * Among the companies in the analysis.
Top 10 Companies (Percentage – wise) in Spending More than the Prescribed CSR
VIP Industries emerges as the best performer by spending more than the double of prescribed CSR spend, followed by Tech Mahindra Ltd and UPL Ltd.
Highlights of the First Year ( FY 2014 – 15) of the Mandatory CSR Spending
An analysis of CSR reports of BSE- listed 100 companies presents that 27% companies have spent more than prescribed CSR spend and 64% companies have spent less than the prescribed CSR.