While CSR rules of 2014 have had a positive impact on company ratings in IRBI 2016, they are no substitute for responsible business practices, say experts. To gauge the extent of engagement that Indian companies have with the communities around them, non-profit organizations Oxfam India, Corporate Responsibility Watch, Praxis and Partners in Change collaborated on …
Companies need to look beyond the definition of CSR Read More »
HR managers are now allowing employees to contribute to the society even during office hours by allowing leaves and sabbaticals to the staff. Passion for a social cause is no longer restricted to the weekends or during vacations.
Government recently said show cause notices have been issued to 536 firms for non-compliance with CSR norms under the companies law. Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities …
Govt seeks explanation from 536 cos for CSR non-compliance Read More »
In this regard, various RoCs have submitted their reports to the Ministry, which is implementing the Companies Act. More than 530 firms have come under the scanner of the government for violating CSR spending norms under the companies law and are likely to face action.
With corporates increasing focus on their social responsibility activities, the demand from professionals in CSR roles, too has evolved. Are you planning to apply for a role in the corporate social responsibility (CSR) department? An executive course on CSR might impress your recruiters.
