The practice of corporate social responsibility (CSR) is fast changing. With CSR attracting various nomenclatures, such as corporate social investment, corporate sustainability and others, experts say the story line of CSR must continue to change, writes ADEDEJI ADEMIGBUJI. Where does Corporate Social Responsibility (CSR) budget really go? In whose interest, the society, organisation or the …
India tops when it comes to the number of firms reporting on corporate responsibility, finds a KPMG International survey India steals the show when it comes to responsibility reporting, suggests the 9th edition of a survey on corporate responsibility reporting by KPMG International Cooperative. The Swiss company, in partnership with its affiliate KPMG across 45 …
A Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2 per cent of their net profit on CSR activities. Currently, the penalty can be imposed for non-disclosure of CSR as per the Companies Act 2013, reports PTI.“There is penalty for non-disclosure, there should be penalty for …
Penalise firms if they fail to spend 2% of Profits on CSR Read More »
Vodafone India wants to double the impact of its corporate social responsibility (CSR) programme. Last year, around 50 employees volunteered for CSR initiatives, working for eight weeks at 25 NGOs and impacting about 1 million lives. “This year we are looking at impacting almost double of last year (2 million lives). In fact, the target …
Vodafone India looks to double impact of CSR programme Read More »
Times are tough for many local businesses and they should, understandably, be expected to prioritise on generating profits for shareholders. But, focusing on profits alone and neglecting social responsibility is being short-sighted, says Jolandi Snyders, Marketing Manager at The Hope Factory.“Indeed a company does have the responsibility to ensure that the business is sustainable in …
Beyond profits: Companies have a big role to play in social responsibility Read More »
