Education, skill development and poverty alleviation are the focus areas for money spent under corporate social responsibility (CSR) by various companies. Out of the total 696 CSR projects implemented in Gujarat during 2015-16, 253 were for education and skills sector followed by healthcare and poverty alleviation with 212 projects, states Gujarat CSR Outlook Report 2017.
When central or state governments spend money on heritage conservation, their focus is on tourism, experts say. Efforts to conserve India’s cultural heritage and art forms, by the government as well as corporates, are far from adequate as preservation of traditional knowledge is not a priority and an absence of funding means a number of …
Heritage conservation yet to find favour with firms for CSR spend Read More »
While CSR rules of 2014 have had a positive impact on company ratings in IRBI 2016, they are no substitute for responsible business practices, say experts. To gauge the extent of engagement that Indian companies have with the communities around them, non-profit organizations Oxfam India, Corporate Responsibility Watch, Praxis and Partners in Change collaborated on …
Companies need to look beyond the definition of CSR Read More »
HR managers are now allowing employees to contribute to the society even during office hours by allowing leaves and sabbaticals to the staff. Passion for a social cause is no longer restricted to the weekends or during vacations.
Global consumers feel a personal accountability to address social and environmental issues and look to companies as partners in progress, according to findings from the 2015 Cone Communications CSR Study. Near-universal in their demands for companies to act responsibly, nine-in-10 consumers expect companies to do more than make a profit, but also operate responsibly to …
