CSR

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The changing attitudes towards corporate social responsibility

A new generation of Indian business leaders is busy changing the perception that business is antithetical to societal needs. Just how deep is the transformation? With the mandatory spending on corporate social responsibility (CSR) reduced to just another ineffectual piece of legislation, a mindset change that entails looking at CSR as an opportunity for growth …

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CSR: 400 cos spend Rs 5,857 crore in 2 years

Under the Companies Act, 2013, a certain class of profitable companies is required to spend at least 2 per cent of their three-year annual average net profit towards CSR works in a fiscal. The norm came into effect on April 1, 2014. Nearly 400 companies together shelled out about Rs 5,857 crore towards corporate social …

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Why we should be wary of do-gooder CEOs

Visit the website of any large corporation and the majority of its message will be how it gives back to communities or helps the environment.   These companies not only provide you with an essential product, but you are assured that you are doing your part because you purchased a good or service that will …

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Invest positively: the importance of corporate social responsibility in Angola

Businesses are becoming more than just businesses. Nowadays, businesses are being required to look beyond their interests and to include the interests of those around them in their strategy and priorities. On the African continent, which is struggling with the enormous challenge of reconciling economic growth with social development, this subject is becoming increasingly important. …

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Kraft Heinz Expands Commitment to Corporate Social Responsibility

The company aims to reduce greenhouse gas emissions, energy, water and waste in its operations by 15 percent globally by 2020. The Kraft Heinz Company, a global food and beverage company, has announced that it is expanding its commitment to corporate social responsibility (CSR) and decreasing its environmental footprint by reducing greenhouse gas emissions, energy, …

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