As corporates start making their annual statutory filings, the government-appointed expert panel is expected to finalise next month its suggestions for better monitoring of CSR under the new companies law.Under the Corporate Social Responsibility (CSR) regime — that came into effect on April 1, 2014 — certain class of profitable companies have to shell out …
Govt-appointed panel on CSR to finalise report next month Read More »
The rising potential of human rights cases and securities class actions, along with some new Canadian government regulations, show that if a company pays lip service to corporate social responsibility, it does so at its peril.Indeed, lawyers tell me it’s becoming standard for them to include a review of a target company’s public statements on …
Ever since the publication of Milton Friedman’s book; Capitalism and Freedom, there has been constant debate of corporate social responsibility and profits, both in the business world, as well as the academic field. The debates now transcend to another level, whether businesses exist for ‘reason‘ or profits.“There is one and only one social responsibility of …
(These figures are for the CSR spend in FY 2014-15) Source – NGO Box
Out of 11 pharmaceuticals sector companies only 5 companies could spend the prescribed CSR amount.
