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Top 5 socially responsible mining companies in Canada: 2015

There’s a difference between wanting to be socially responsible and having to be socially responsible. The truth is told through CSR initiatives. Corporate social responsibility (CSR) entails voluntary actions taken by a company to improve living condition of local communities, whether through social, environmental or economic programs. The goal is to go beyond legal obligations, …

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The changing landscape of CSR in India

Companies that traditionally undertook CSR will only need to streamline the spends they made It’s been a little over a year since the Corporate Social Responsibility (CSR) law came into effect on April 1, 2014. Within such a short period, the entire landscape of CSR in India has taken a radical flight. Companies eligible under …

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When BDS and corporate social responsibility collide

 Companies have to weigh the costs and benefits of taking political sides, which will likely depend on the political views of their core customers and investors. It didn’t take long for Orange CEO Stéphane Richard to change his tune on BDS. Just days after he told a Cairo crowd that he would pull his company’s …

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How FCRA norms may hurt CSR contributions of Indian companies with large foreign shareholding

Even as the government — under a directive from the Prime Minister’s Office — is stepping up scrutiny of foreign-funded non-governmental organisations (NGOs), Indian companies with large foreign shareholdings are growing increasingly uncomfortable working in the grey area around their Corporate Social Responsibility (CSR) contributions. To carry out CSR programmes, companies work with or pay …

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Benefits of CSR to the business

No longer is the term ‘Corporate Social Responsibility’ a novel idea amongst businesses. A 2011 sustainability study by MIT showed that sustainability, in the US at least, now plays a permanent part in 70% of corporate agendas. Organisations such as Unilever haven’t simply been championing sustainable business as a form of corporate philanthropy. Since implementing …

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