Corporate Social Responsibility (CSR) is viewed as a comprehensive set of policies, practices and programs that are integrated into business operations, supply chains, and decision-making processes throughout the organization addressing the legal, ethical, commercial and other expectations society has for business, and making decisions that fairly balance the claims of all key stakeholders. Effective CSR …
After a detailed review, the Ministry of Corporate Affairs (MCA) will soon prepare an action taken report on the high level panel’s suggestions related to CSR norms.The panel, chaired by former Home Secretary Anil Baijal, recently submitted its recommendations on the Corporate Social Responsibility (CSR) norms under the Companies Act, 2013.
A new report released at the Commit Forum shows that on average, one third of a company’s name value can come from good corporate citizenship How much is a good reputation worth? Volkswagen recently demonstrated the cost of a bad one: in the two days after its emissions scandal broke, its share price plummeted, …
Strong sustainability track record can account for 11% of a company’s value – Report Read More »
Corporate social responsibility goes far beyond what is envisaged in India’s current CSR rules, says Welford Richard Welford, co-founder and chairman of CSR Asia, an independent think tank and consultancy firm that is a strategic partner of IRBF Index 2015, has been working on environmental management and social responsibility for over two decades. A pioneer …
Perhaps you’ve heard the news that everyone is doomed. There’s a crater-sized gap between rich and poor and our planet is running out of room and resources while governments and charities struggle to right the ship.But what about business? If all companies harnessed their powers for good, capitalism could be the most influential force for …
