Author: Company CSR

Research scholars of CSIR-Indian Institute of Petroleum, Dehradun are organizing the 4th National Symposium on “Shaping the Energy Future : Challenges and Opportunities (SEFCO-2020)” on June 5, 2020 to bring scholars, scientists, academicians and industrialists working to achieve a common goal of developing a route towards sustainable energy. [divider][/divider]  [divider]a[/divider]  [divider]a[/divider]

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ASSOCHAM Karnataka CSR and Community Development Forum in collaboration with Sattva Consulting organised a webinar on ‘Collaborate and Co-create a CSR Ecosystem for challenges ahead’. The webinar was moderated by Mr. Abhishek Ranjan, Director – Sustainability, Brillio. The other speakers for the session were Mr. Vishal Bhardwaj, Group Head CSR – Dalmia Bharat Limited and CEO – Dalmia Bharat Foundation; Mr. Ashwini Saxena, CEO – JSW Foundation, Mr. Deepak Prabhu, Global Head – Cognizant Outreach and Mr. Srikrishna Sridhar Murthy, Co-Founder and CEO – Sattva Consulting. The opening remarks were delivered by Mr. BV Naidu, Chairman – ASSOCHAM Karnataka. He…

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1st  state  level webinar  held  today  to discuss  the  problems and challenges faced by  Himalayan state of Uttarakhand from Covid-19  and due to lockdown situation. More than 60 intellectuals & professionals  from different  walks of life participated in  this  virtual deliberation  from  Education, health, Industry, Agriculture, Disability, Women empowerment, labour  rights,  along with  religious  and leading political   leaders from BJP, Congress and AAP. Large number of   civil society groups (CSOs), universities,  Govt.,  PSUs,  business Chambers/ Association and  Non residentUttarakhandi’s participated in the webinar and  share their  ideas   and views for the state  Govt. CEO  Dr. Anil Jaggi,  Green  Earth Alliance…

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Corporate Social Responsibility is all about treating all key stakeholders responsibly. In India CSR has been narrowly viewed to 2% of large company profits to give to charity. Useful, but mistaken in my opinion as CSR is much, much wider than that. One can be very cynical about large and medium sized businesses not adopting socially responsible behaviour. But alongside examples of irresponsible behaviour there are many examples of exemplary conduct. For instance, the corporate world is not immune to caring about health issues, including pandemics. Most notably, Bill Gates produced a video in 2015 on the need to do…

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65% respondents did not have a defined due diligence policy for CSR implementation partners 75% respondentsdid not have a governance structure or policy to address ethical lapses or fraud in CSR programs 20% respondents said investigating a CSR fraud was a key challenge India, Mumbai, 6 May 2020:Lack of due diligence on implementation partners, weak governance and limited management involvement are contributing to ethical lapses and fraud in corporate social responsibility (CSR) programs, states EY Forensic & Integrity Services’ report, Corporate social responsibility in India: re-engineering compliance and fraud mitigation strategies. The report highlightsthat although there is a high dependence…

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The non-profit sector has played a vital role in India’s development over the past several decades. The non-profits have always come forward to serve our communities during some of the most trying times for our country including in times of economic hardship, natural disasters or even health pandemics. These are periods when the government machinery of the day struggled to reach the grassroots. Even still, the government has not given much due credit to the non-profit sector, credit which they have more than earned for themselves. To make matters worse, the non-profit sector has been burdened with heavy compliance and…

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*Post COVID-19 scenario, corporates to focus on three priorities: World without Waste (WWW), Sustainable Agriculture and Water Stewardship * Opportunities under Make-in-India for production of PPE/medical equipment and increase the budget for healthcare sector is the need of the hour [divider][/divider] India Inc needs to adopt a hyper-local approach to assist local agencies to improve local governance capabilities in these challenging times, according to Dr. Rajiv Kumar, Vice Chairman, NITI Aayog. Speaking at an e-interactive session today, on ‘Opportunities for CSR during and post COVID-19’ organised by the National CSR Network (NCN), Dr Rajiv Kumar urged corporates to pay greater…

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The Dabur Group pledges support towards India’s Fight against the COVID-19 by lending a hand to the Government’s efforts to endure the social and economic impacts of the Coronavirus pandemic as well as protecting vulnerable populations by enabling access to food and essential supplies. Towards this end, the Dabur Group has established a ‘Dabur Care Fund for COVID-19’, to protect lives and livelihood, and support those affected by the COVID-19 pandemic. We have earmarked a fund of Rs 21 Crores towards Relief efforts, helping meet immediate needs of those most affected by this pandemic. Out of this pledged amount, a…

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To supply one million N95 masks and 280,000 personal protective equipment (PPE), as well as ventilators, Rs 50 crore were allocated. The group had already commenced the production of one million triple layer surgical masks and 100,000 coverall garments with the support of the Textiles Ministry. [divider][/divider] The Aditya Birla Group pledged a sum of Rs 500 crore towards the nation’s effort to combat the Covid-19 pandemic with plans of making a donation to the PM-Cares fund and supplying ventilators and masks. Rs 400 crore were earmarked for donation to the PM-Cares fund while Rs 50 crore will be granted…

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Finance Minister Nirmala Sitharaman said on Monday that companies’ expenditure to fight the coronavirus (COVID-19) pandemic will be considered valid under corporate social responsibility (CSR) activities. The coronavirus outbreak will be treated as a disaster, the Finance Minister said on Twitter. In view of the spread of novel #CoronaVirus in India, its declaration as pandemic by the WHO, and decision of Government of India to treat this as notified disaster, it is hereby clarified that spending of CSR funds for COVID-19 is eligible CSR activity. #IndiaFightCorona pic.twitter.com/XQneNBaJe8 — NSitharamanOffice (@nsitharamanoffc) March 23, 2020 “Keeping in view of the spread of…

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