Companies will have to disclose their CSR Expenditure as a separate head in their profit and loss statements, accounting regulator ICAI has said. Besides, if a company spends more than the mandatory two per cent of profit for Corporate Social Responsibility (CSR), the excess amount can not be carried forward for any set off …
India Companies’ P&L account to have separate CSR Expenditure head Read More »
Corporate Social Responsibility (CSR) programs are becoming increasingly popular. There is no doubt that most make positive contributions to society and in some cases, make the sponsoring corporations more profitable. These programs may help organizations attract and retain employees and, in some cases, encourage consumers to buy their products. But are they the thing …
“Sustainability for a business today is not a nice-to-do thing,” said Arif Naqvi, founder and group chief executive of the Abraaj Group. “It’s a have-to-do thing.” Naqvi, a key participant in the 2015 Oslo Business for Peace Summit and keynote speaker at the subsequent Business for Peace Award Ceremony, described a new, urgent corporate …
How Corporate Social Responsibility Is Moving From Optional To Mandatory Read More »
Most investors probably avoid investing in companies with questionable morals because it could lead to poor brand strength. Thankfully, investors can weed out the troublemakers using research from global advisory firm Reputation Institute, which ranks companies’ corporate social responsibility, or CSR, every year. Its Global CSR RepTrak ranking judges companies in a number of …
3 Socially Responsible Companies with Huge Cash Flows Read More »
Maneesh Garg and Urmila Joshi, principals of two government schools in Rajasthan, no longer complain about poor attendance even if temperature rises to 40 degree Celsius or above in the desert State. Till recent years, attendance used to plunge in proportion to the rise in temperature. With erratic electricity supply, the situation became …
From solar energy to gender-equity, CSR spends chart different paths Read More »
