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SLSV_CSR_Reporting

Corporate social responsibility means building a better business ecosystem

Turn to the corporate social responsibility (CSR) pages in the annual reports of many big companies and you will see many examples of clinics being opened and schools built. But businesses should cater to their own strengths. For instance, General Electric (GE) generally links its CSR programmes to their core businesses like energy and healthcare.Strengthening …

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CSR solutions on a world war scale

  Historically, brands participated in solving global problems through philanthropy or their corporate social responsibility initiatives. Thanks to the Internet and some big changes in the global economy, brands can now leverage the effects of networks to create a dramatically bigger impact than previously thought possible, while at the same time advancing their commercial interests. …

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SLSV_CSR_Reporting

Corporations in India Struggle to Comply with CSR Law

  Large businesses in India are struggling to deal with the Companies Act 2013 that requires corporates to set aside two percent of their average net profits earned over the previous three years for corporate social responsibility initiatives. The Act applies to companies that meet a defined benchmark of net worth, turnover, or profits.It is …

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FMCG_CSR_SLSV

Nestle misses target on CSR

Consumer goods companies’ share to CSR rose by 57% in 2014-15, in its first year of implementation as under Companies Act 2013 As more and more companies publish their annual reports, the gradual swelling of the Corporate Social Responsibility (CSR) kitty is evident from the numbers. Consumer goods companies’ share to CSR rose by 57% …

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