While the CSR regulations came into force from 1 April, 2014, a clear picture of how much money has actually been spent during 2014-15 is yet to emerge Finding discrepancies in CSR spending data, the government has asked all eligible companies to furnish details about social welfare activities undertaken by them under the companies law.
According to the Romania CSR Index 2015, among the companies in Romania which are most socially responsible are multinationals active in the beverage sectors, be it non-alcoholic drinks or beer producers. The companies in this domain which have published CSR reports are generally concerned with issues such as protection of water resources, energy efficiency, the …
World View: CSR in Romania – Beverage multinationals take the lead Read More »
Getting more flexibility, corporates can now carry out CSR activities through non-profit entities and societies set up by governments that do not have three years’ track record in undertaking such projects. With the latest amendment to rules pertaining to Corporate Social Responsibility (CSR), entities would have a wider choice in carrying out such works as …
Companies get more flexibility for carrying out CSR works Read More »
There is no doubt that the corporate communications department of an organisation has the tedious job of sifting through, shortlisting and selecting individuals, groups and associations worthy of receiving financial support for causes they champion. It has become expedient for the bigger and more financially competitive corporations to channel these applications for aid to …
“We believe that business has an important role to play in making our societies more socially stable, more economically sustainable and, consequently, more peaceful and just,” Liz Mohn, vice chairwoman of the Bertelsmann Stiftung, said in an exclusive interview with Xinhua. “Corporate social responsibility is an important tool for sustainable development, and at the Bertelsmann …
