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Dec 15 2015December 13, 2015

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

Leave a Comment / Brand, Brand CSR, CSR, India CSR Law, Information / By SLSV / December 15, 2015 December 13, 2015

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 …

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Dec 14 2015December 13, 2015

How corporate social responsibility affects company value

Leave a Comment / Brand, Brand CSR, CSR, Information / By SLSV / December 14, 2015 December 13, 2015

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 …

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Dec 11 2015December 11, 2015

Changing CSR story line

Leave a Comment / Brand, Brand CSR, CSR, Information / By SLSV / December 11, 2015 December 11, 2015

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 …

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Dec 10 2015

Corporate responsibility reporting on the rise

Leave a Comment / Brand CSR / By SLSV / December 10, 2015 December 10, 2015

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 …

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Dec 9 2015December 9, 2015

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

Leave a Comment / Brand CSR, CSR, India CSR Law, Information / By SLSV / December 9, 2015 December 9, 2015

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 …

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