CSR spending picks up in FY16
The last financial year saw an overall increase in fund allocation for corporate social responsibility (CSR) activities and focused expansion of CSR projects.
7 Steps to Up Your Corporate Social Responsibility Game
In an age when tweets about an earthquake move faster than the human experience of the tremors themselves, good global citizenship is nearly impossible to fake. I could prove this by producing charts and graphs showing how your company culture impacts your profits, employee turnover, job satisfaction and media coverage.
Firms recognizing benefits, impact of CSR: Bhaskar Chatterjee
Bhaskar Chatterjee, director general and CEO of Indian Institute of Corporate Affairs (IICA), a think tank under the aegis of the union ministry of corporate affairs, retired last week after five years at the institute. Credited with drafting the Corporate Social Responsibility (CSR) Rules, 2014, Chatterjee traces his engagement with the corporate world back …
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Escorts CSR consultant earns more than CSR spend
Farm equipment major Escorts paid G B Mathur, its non-executive director, who has also been hired as a CSR consultant a sum of Rs 2.5 crore, where as it spent less than half of this sum Rs 1.16 crore on CSR. The structure has been devised to circumvent a company law provision that caps managerial …
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India Inc putting CSR money in startup incubators
A dozen companies have shown interest in using their CSR money in start-up incubators at IITs and IIMs to nurture students to create a social impact. Companies like SAP, Tata Motors and Bajaj Electricals are investing in startups through government-affiliated incubators as a part of their mandatory corporate social responsibility (CSR) spending.