Community trust for CSR is low, so a new model is needed to create a deeper connection between the business and the civic world’s, writes business consultant and lawyer Laura Brodie. Research has revealed that community attitudes towards corporate social responsibility show it is not effective and in some cases is failing. Take for instance …
Some years ago, the government came out with an order making Corporate Social Responsibility (CSR) a must for companies having income above a certain mark. Taking this opportunity, country’s largest car-maker Maruti Suzuki India Ltd (MSIL) went on a unique path of setting up a water ATM which provides water to lakhs of people. …
Interview – Under CSR initiative, Maruti Suzuki sets up water ATMs Read More »
The State Government of Odisha on Friday proposed institutionalisation of Corporate Social Responsibility (CSR) activities for making these more comprehensive, useful and sustainable. The issue was discussed at a high level meeting presided over by Chief Secretary AP Padhi at the Secretariat here.
With companies changing their outlook towards social problems and resolving them, the government is making efforts to amend the reporting norms for these spendings under Corporate Social Responsibility (CSR). The Corporate Affairs Ministry, which is implementing the Companies Act, is in the process of making amendments to AOC-4 XBRL form — which is used to …
Corporate Social Responsibility (CSR) is the code that companies have to live by in order to ensure that they go about their business helping all the way and not hurting anyone and anything. This is done by having high business ethics and moral standard.
