Should entrepreneurs focus solely on growing their business or also be concerned about social causes such as sustainability, women’s empowerment, equality or the local economy? Some people argue very passionately that the “business of business is do business” and everything else is an avoidable distraction.
When it comes to employee volunteering and giving programs, perhaps no industry sector is better suited to make an impact than professional services firms. While professional services is a broad and diverse category of occupations ranging from accountants and management consultants to lawyers and IT consultants, they’re linked by a high knowledge density and specialized …
WorldView: Which Industry Has an Unfair CSR Advantage? Read More »
It’s harvest season in Hampton Roads, USA. As you take weekend trips to the apple orchards and pumpkin patches to experience all autumn has to offer, keep in mind the bounty of fall’s harvest was grown in the seasons before. Remember the proverb? You reap what you sow. It’s true in agriculture and it’s true …
WorldView: Corporate social responsibility grows success Read More »
The Comptroller and Auditor General (CAG) has pulled up the Odisha Mining Corporation (OMC) for spending less than 10% of its Corporate Social Responsibility (CSR) funds to develop mining areas while spending more in non-mining sectors. Between 2010 and 2014, the annual spend ranged from 2-9% of the CSR funds CAG pointed out in …
CAG hauls up state mining corporation over CSR spend Read More »
Power Finance, National Mineral Development Corporation, Tata Steel, NTPC and Reliance spent more than their prescribed CSR budgets in FY 2015/16, according to the India CSR Outlook Report (ICOR). In FY 2014/2015, only Reliance Industries had spent more than its prescribed CSR budget, among the top 10 performers. The report, published by NGOBOX, analysed the …
