CSR

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Foreign firms see CSR as important – China

FOREIGN companies in China released 126 corporate social responsibility reports in the first 10 months of this year, up 28.6 percent from the same period of last year, according to data from China WTO Tribune. Companies now find CSR as a vital tool to enhance their reputation in the marketplace. They also consider CSR as …

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Nasscom Foundation says most firms spend 70% CSR fund on education

The report said that companies are now going to non-headquarter locations for CSR, indicating growing equity in the distribution of projects. Nasscom Foundation on Thursday in its yet-to-be-released report, has said that a substantial number of companies have spent more than 60-70% of their corporate social responsibility (CSR) spend in education initiatives and the remaining …

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House panel seeks social audit mechanism for CSR activities

Government should put in place a social audit mechanism for CSR activities done under the companies law, a parliamentary panel has said even as it pulled up the corporate affairs ministry for “casual” approach towards social welfare spending provisions. The recommendation has been made by the Committee on Public Undertakings, chaired by BJP member Shanta …

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Private schools want to take corporate money under CSR

Should private “unaided” CBSE schools be allowed to take funds from corporate bodies under the Corporate Social Responsibility programme? The Kerala CBSE School Management Association thinks they should, and has suggested the same to the HRD ministry as part of its recommendations for the New Education Policy, which is in the works.

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