Successful Corporate Social Responsibility programs go beyond one-time donations or galas aimed at raising money for a cause. They involve an institutional commitment that starts in lines of business like operations, HR and marketing, and spread through an organization until CFOs and the board of directors understand the impact they can have on top and …
Despite incurring net losses to the tune of Rs.1,421 crore during 2015-16, Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, does not want to compromise on its spending on Corporate Social Responsibility. The company spent Rs.8.75 crore on CSR during the last fiscal. During the first half of the current financial year, …
To ensure better compliance, the Corporate Affairs Ministry plans to conduct workshops for officials and other stakeholders to sensitise them about social welfare spending norms under the companies law. The move comes against the backdrop of instances of discrepancies in data and lapses being noticed by the Ministry with regard to compliance with CSR rules …
Corp Affairs Min to hold sensitisation workshops on CSR norms Read More »
88% say their job is more fulfilling when employers provide opportunities to make a positive impact. Three-quarters (76%) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64%) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the …
While it’s valuable to implement philanthropic initiatives into your corporate culture, building social purpose into every aspect of your business is how real impact is made. Social purpose: it’s a trend and a term on many lips these days–but some local businesses are struggling to catch on.
