Despite incurring net losses to the tune of Rs.1,421 crore during 2015-16, Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, does not want to compromise on its spending on Corporate Social Responsibility. The company spent Rs.8.75 crore on CSR during the last fiscal. During the first half of the current financial year, …
To ensure better compliance, the Corporate Affairs Ministry plans to conduct workshops for officials and other stakeholders to sensitise them about social welfare spending norms under the companies law. The move comes against the backdrop of instances of discrepancies in data and lapses being noticed by the Ministry with regard to compliance with CSR rules …
Corp Affairs Min to hold sensitisation workshops on CSR norms Read More »
88% say their job is more fulfilling when employers provide opportunities to make a positive impact. Three-quarters (76%) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64%) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the …
While it’s valuable to implement philanthropic initiatives into your corporate culture, building social purpose into every aspect of your business is how real impact is made. Social purpose: it’s a trend and a term on many lips these days–but some local businesses are struggling to catch on.
It’s clear that millennials will have a huge impact on tomorrow’s businesses. This generation represents $2.45 trillion in spending power, reports Adweek, and according to Omnicom Group’s Cone Communications, 70 percent of them will spend more on brands that support causes they care about.
