For internationally operating companies, it’s difficult to build a great reputation for social responsibility. It takes more than just commitment to community, building a solid workplace for your people and honest governance—it takes the ability to communicate your positive deeds to others lest they go unnoticed.
The last financial year saw an overall increase in fund allocation for corporate social responsibility (CSR) activities and focused expansion of CSR projects.
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.
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 …
Firms recognizing benefits, impact of CSR: Bhaskar Chatterjee Read More »
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 …
Escorts CSR consultant earns more than CSR spend Read More »
