CSR

New CSR disclosure norm a positive step; brings in transparency, says HCL Foundation chief Nidhi Pundhir

Pundhir said HCL Foundation — CSR arm of HCL Technologies — had been disclosing the details of its CSR spending since 2015-16, although the government has notified its format this year. NEW DELHI: A detailed disclosure framework for Corporate Social Responsibility (CSR) spending by companies notified by the government is a “positive step” as it …

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Green nature and calamity support

As the year 2022 unfolds, the world continues to grapple with familiar challenges – the continued Covid-19 pandemic, enduring crises of climate change, biodiversity loss, pollution and waste. Yet, this year could be perfect time to environment concerns, with high-level conferences, symposia, and events scheduled, to help energize international cooperation and collective action. This year …

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L&T’s CSR spend at Rs 150 cr in FY’21

“With a CSR spend of Rs 1.5 billion in FY’21, 108 partners and several thousand suppliers and contractors, L&T’s social initiatives have touched 1.21 million beneficiaries,” the company said. Engineering conglomerate Larsen and Toubro (L&T) spent Rs 150 crore in FY’21 on corporate social responsibility activities, impacting 1.21 million beneficiaries. The beginning of the current …

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Disney Releases 2021 Corporate Social Responsibility Report

Today, The Walt Disney Company released its 2021 Corporate Social Responsibility Report, which details its efforts to increase diversity, equity and inclusion through stories and storytellers who reflect the rich diversity of our world; support environmental sustainability by taking action to help protect our planet; and bring comfort, optimism and joy to communities through its charitable …

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New disclosure framework for CSR spendings to enhance transparency

The Corporate Social Responsibility (CSR) regime, applicable for certain class of profitable companies, came into force in April 2014. The new disclosure framework for CSR spending by companies will help gather granular details for analytical purposes and also bring greater transparency with respect to expenditure, according to a senior government official. The Corporate Social Responsibility …

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