Companies based in Gujarat are quite conscious of their corporate social responsibility (CSR). Nearly 56% of the state’s companies have spent 2% or more of their net profits on CSR activities in fiscal 2015. As per data provided by the CRISIL Foundation, as many as 95 companies in Gujarat reported expenditures on CSR in their …
The World Health Organization (WHO) recommends that there should be a clear position on Tobacco Industry (TI) related Corporate Social Responsibility (CSR) and health issues. The nature of the product of the TI is harmful to smokers and those who are exposed to secondhand and third-hand smoke. However, TI has been continually conducting activities contrary …
Corporate Social Irresponsibility Of the tobacco industry Read More »
Corporate Social Responsibility (i.e., being a good corporate citizen) has been a best business practice since the 1950s. For the biopharmaceutical industry, recent events, such as the drug pricing scandal involving Martin Shkreli, have once again brought CSR into the spotlight. But one of our industry’s biggest and most well respected pharmaceutical companies, Merck …
How Merck Approaches Corporate Social Responsibility – Interview Read More »
The ‘good business’ brigade needs to stop ducking difficult issues if it wants to knock capitalism into shape, says Matthew Taylor. From time to time I earn a little holiday money by chairing events on corporate social responsibility (CSR) for large companies. Also, the RSA, the organisation I run, occasionally benefits from such companies giving …
Embracing negative comments and two-way communication can help corporations enhance consumers’ trust when it comes to corporate social responsibility (CSR), a study has found. According to researchers at the University of Minnesota and Youngstown State University, people may appreciate a company for being transparent and honest rather than exaggerating its socially responsible practices.
