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Aug 29 2016August 29, 2016

Businesses should deposit half of CSR funds with government: Jharkhand CM

Jharkhand Chief Minister Raghubar Das recently told companies that half of their corporate social responsibility (CSR) money should be deposited into the CSR council fund maintained by the state government. “A cell will be formed and the government will spend money from the fund as per requirements. Panchayat Secretariat and UNICEF will monitor the CSR-funded …

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Aug 27 2016August 15, 2016

ViewPoint: Brands ‘waste millions’ on CSR comms

Leave a Comment / Brand CSR, CSR, Information / By SLSV / August 27, 2016 August 15, 2016

Brands in Australia are not only wasting millions of dollars on their CSR and sustainability communications, but are failing to get a competitive advantage with a new wave of younger consumers who expect companies to do good. According to Cavill + Co, a Victoria-based communications and marketing consultancy, just 13% of Australians trust what …

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Aug 26 2016August 14, 2016

Rajasthan moots authority for optimal use of CSR fund

Leave a Comment / Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By SLSV / August 26, 2016 August 14, 2016

For optimal management of corporate social responsibility (CSR) funds, the state government is all set to constitute a ‘Rajasthan CSR Authority’. Conceived on the lines of a similar body formed by the Gujarat government, the authority will act as a facilitator for industries to carry out their mandatory CSR activities in the state.

Aug 25 2016August 14, 2016

WorldView: CSR practice in Ghana; the need for policy framework

Leave a Comment / Brand CSR, CSR / By SLSV / August 25, 2016 August 14, 2016

The overall contributions of businesses to sustainable development underpin the concept of Corporate Social Responsibility (UNES 2007). It is termed differently in several circles. While companies prefer using the term CSR or Corporate citizenship, non-governmental organizations and some governments prefer social investment.

Aug 23 2016August 14, 2016

Education favourite CSR activity among Indian companies

Leave a Comment / Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By SLSV / August 23, 2016 August 14, 2016

In 2014-15, nearly Rs 8,029 crore was spent by Indian companies towards Corporate Social Responsibility (CSR) initiatives. An amendment to the Companies Act in 2014, made it mandatory for companies to put aside 2% of their average net profit of the three preceding financial years, for social causes.