If the Corporate Affairs Ministry has its way, Corporate Social Responsibility (CSR) spending will not be mandated and companies will be allowed to spend as they wish. At present, under the Companies Act, 2013, the Rules on CSR state that every company having a net worth of ₹500 crore, or having a turnover of ₹1,000 …
The importance of sustainable business has never been felt more. 2015 was a significant year for our planet, with the adoption of the Paris Agreement at the COP21 and the 2030 Agenda for Sustainable Development by the UN.
Apart from funding scholarships, the idea of promoting centres of excellence is fast gaining traction Philanthropic capital from business houses has been used to build some of India’s finest institutes. Be it Jamsetji Tata, who set up the Indian Institute of Science in 1909, or G.D. Birla, who founded the Birla Institute of Technology and …
Corporate social responsibility (CSR) and sustainability have been at the forefront of most companies’ agendas for quite some time – it’s no longer a “nice to have” but a “need to have.” The reality of business today is that clients have customers who want to work with companies that share their values regarding sustainability. …
Insight: 3 Ps of Corporate Social Responsibility Read More »
Taking forward its agenda for Swachh Bharat, government has asked corporates to carry out cleanliness drive for a fortnight as well as take pledge in this regard. Corporate Affairs Ministry, which is implementing the Companies Act, has asked firms and other stakeholders to carry out activities related to cleanliness for a fortnight as part of …
Take up cleanliness drive for Swachh Bharat: Govt tells cos Read More »
