SLSV

Corporate_Social_Responsibility_SLSV

Public Sector Fails to Utilise 50 Percent of Their Funds Under CSR

Though the companies act which mandates two percent compulsory corporate social responsibility spending by the companies has been in force for over a year, yet the central public sector companies have not utilised over 50 percent of their funds.The Act may have notable feature in carrying out community welfare activities, but suffers from several lacunae …

Public Sector Fails to Utilise 50 Percent of Their Funds Under CSR Read More »

CSR_SLSV

How corporate social responsibility affects company value

While there may not be a perfect formula to directly convert ongoing investment in social responsibility to a realized financial return, you can generally expect to see an increase in sales, profitability and value. This thought-provoking question was recently presented to me by a business owner interested in establishing a corporate social responsibility (CSR) program …

How corporate social responsibility affects company value Read More »

care-for-good-business-csr-slsv

Changing CSR story line

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 …

Changing CSR story line Read More »

Industry_CSR_SLSV

Corporate responsibility reporting on the rise

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 …

Corporate responsibility reporting on the rise Read More »

CSR_Reporting_SLSV

Penalise firms if they fail to spend 2% of Profits on CSR

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 »

Scroll to Top
Copyright ©️ 2022 ProLief Ventures Private Limited