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How Companies Can Combat Public Skepticism of CSR

Although more businesses are seriously engaging with corporate social responsibility (CSR), the public is becoming more skeptical of their efforts. In a recent survey, 52% of consumers said they need to see proof of a company’s CSR initiatives in order to believe them.   Why is this happening? Unfortunately, it’s largely a case of a …

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Govt seeks explanation from 536 cos for CSR non-compliance

Government recently said show cause notices have been issued to 536 firms for non-compliance with CSR norms under the companies law.   Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities …

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Marketing Key to Return on Corporate Social Responsibility Investment

The decision to give to charity or develop a more sustainable product should not depend solely on a corporation’s bottom line, but it is certainly a factor.   That can complicate the situation for managers who must balance between doing good and keeping shareholders happy, said Sachin Modi, an associate professor in Iowa State University’s …

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UAE: Training for companies to implement CSR

In line with the Year of the Giving, the Mohammed bin Rashid Al Maktoum Foundation (MBRF) has launched a “bundle of training programmes” on Wednesday to help public and private organisations in the UAE identify and implement the international best practices in corporate social responsibility (CSR). Called Qindeel (Arabic word for light) Educational Programmes, the …

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