Under the Companies Act, 2013, a certain class of profitable companies is required to spend at least 2 per cent of their three-year annual average net profit towards CSR works in a fiscal. The norm came into effect on April 1, 2014. Nearly 400 companies together shelled out about Rs 5,857 crore towards corporate social …
Visit the website of any large corporation and the majority of its message will be how it gives back to communities or helps the environment. These companies not only provide you with an essential product, but you are assured that you are doing your part because you purchased a good or service that will …
Businesses are becoming more than just businesses. Nowadays, businesses are being required to look beyond their interests and to include the interests of those around them in their strategy and priorities. On the African continent, which is struggling with the enormous challenge of reconciling economic growth with social development, this subject is becoming increasingly important. …
Invest positively: the importance of corporate social responsibility in Angola Read More »
The company aims to reduce greenhouse gas emissions, energy, water and waste in its operations by 15 percent globally by 2020. The Kraft Heinz Company, a global food and beverage company, has announced that it is expanding its commitment to corporate social responsibility (CSR) and decreasing its environmental footprint by reducing greenhouse gas emissions, energy, …
Kraft Heinz Expands Commitment to Corporate Social Responsibility Read More »
CSR is the link between a business and the community. When a company invests its efforts in projects that truly benefit from their experience – that’s when the magic happens, says Victoria Carroll, account marketing director with creative agency Michon. Corporate social responsibility (CSR) is often, rather unfairly, seen as a way for companies to …
