Data suggests that education was the most preferred sector with investments worth Rs. 2,042 crore under CSR A gradual uptick in corporate earnings has led to a 28 per cent surge in corporate social responsibility (CSR) spending by listed entities in 2015-16.
CSR should not be looked as an expense but as a critical investment for business growth, says Vaishali Nigam Sinha, Director, ReNew Power Not confining to the provision of 2 per cent CSR commitment, Indian Inc is taking a greater leap and going beyond the mandatory spend, esp the Clean Energy sector whose business is …
Interview: 2% Should Not Be A Limiting Factor For Companies To make CSR Investments Read More »
Unspent amount at Rs 1,984 cr; Contribution to PM’s relief fund and other Central/state funds jumps 418 per cent. Mandated by regulation to spend at least 2 per cent of the average net profit (earned over the last three years) towards various social causes, India Inc spent Rs 8,345 crore as part of their CSR …
Corporate social responsibility: Spend up, still short of target Read More »
GTBank has always been heavy on CSR. The bank maintains a clearly defined Corporate Social Responsibility strategy with targeted focus on Education, Community Development, the Environment and Arts. The concept of Corporate Social Responsibility developed alongside the emergence of corporations more than a century ago and is now practiced by most companies and institutions around …
WorldView: How GTBank is redefining Corporate Social Responsibility Read More »
Corporate social responsibility is an action of organisations that will, as it were, seem to draw mixed reaction from individuals, its acceptance and rejection from people depending on what side of the divide one is. While on one side, an argument can be propounded based on the solvency and financial outlook of the organisation …
Nigeria: Walking the Corporate Social Responsibility Talk Read More »
