CSR

CSR Matters: Now is the Time for Purpose-Driven Companies to Lead

If you believed Donald Trump’s election as President would bring about less pressure on companies to maintain their bold CSR commitments, you were sorely mistaken. As I’ve written previously in this space, consumers are demanding more from the brands they buy than ever before and, by almost any measure, are placing a premium on corporate …

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Corporate social responsibility was seen as additional tax

Union Finance Minister Arun Jaitley said the idea of mandatory corporate social responsibility spend, though initially resisted, has taken off well and it will contribute to doubling of rural population’s income. “Conventionally, corporate philanthropy was lesser known in India. But looking at the past 2-3 years, it has begun well as an institutionalised mechanism,” Jaitley …

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Porn with purpose: why retrofitting social responsibility never works in business

Pornhub’s sexual wellness centre feels disingenuous because it contradicts its core business, yet businesses should care about their purpose. It’s not surprising to see a porn company facing criticism from broader society. What is surprising is when society criticises their business activity rather than their content. That’s exactly what happened recently when Pornhub, the world’s …

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Mandatory Corporate Social Responsibility in India: How Is It Working?

The American Bazaar foresees exciting things for India’s philanthropic sector, based on a report called “India’s CSR: Taking Singles instead of Hitting Sixers,” which analyzes the latest trends in Indian philanthropy and corporate social responsibility (CSR). The new report analyzes “one of the world’s most interesting experiments to promote private philanthropy—the CSR requirement in the …

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NGOs highlight need of CSR funds in rehabilitating street kids

The need to mobilise corporate funds to meet the challenges in rehabilitating street children was emphasised during a critical discussion involving various stakeholders, including NGOs. Mobilisation of corporate social responsibility (CSR) funds will help address the issue comprehensively and in a more structured manner as compared to time-bound international donor grants, said Luke Samson, director …

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