CSR

The changing landscape of CSR in India

Companies that traditionally undertook CSR will only need to streamline the spends they made It’s been a little over a year since the Corporate Social Responsibility (CSR) law came into effect on April 1, 2014. Within such a short period, the entire landscape of CSR in India has taken a radical flight. Companies eligible under …

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How FCRA norms may hurt CSR contributions of Indian companies with large foreign shareholding

Even as the government — under a directive from the Prime Minister’s Office — is stepping up scrutiny of foreign-funded non-governmental organisations (NGOs), Indian companies with large foreign shareholdings are growing increasingly uncomfortable working in the grey area around their Corporate Social Responsibility (CSR) contributions. To carry out CSR programmes, companies work with or pay …

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Benefits of CSR to the business

No longer is the term ‘Corporate Social Responsibility’ a novel idea amongst businesses. A 2011 sustainability study by MIT showed that sustainability, in the US at least, now plays a permanent part in 70% of corporate agendas. Organisations such as Unilever haven’t simply been championing sustainable business as a form of corporate philanthropy. Since implementing …

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People More Suspicious, More Informed About Corporate Social Responsibility

There’s a reason brands like Amazon, Kellogg and Lego mean so much to consumers: They’re widely admired not just for products, but for their corporate behavior. And a new study from Cone Communications reveals that worldwide, people don’t just expect companies to play nice in the global sandbox, they want them to prove it as …

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This isn’t the first time Nestle’s ducked corporate responsibility

A day after Nestle withdrew Maggi noodles from sale in India due to “an environment of confusion for consumers”, following a food scare sparked by reports of excess lead in some packets of the popular instant snack, the FMGC major has rushed into a series of knee jerk responses that hardly amount to damage control. …

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