Browsing All posts tagged under »CSR«

National Voluntary Guidelines on Social, Environmental and Economic responsibilities of Business from Ministry of Corporate Affairs

August 3, 2011 by

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The ministry of corporate affairs last month released the “National Voluntary Guidelines on Social, Environmental and Economic responsibilities of Business”. Though voluntary and not compliance driven, the step shows the significant interest at the highest levels in addressing the challenge of sustainable development. The ministry has earlier released “Voluntary Guidelines on CSR” as the first […]

BG Deshmukh CSR Award for Cummins India

June 13, 2011 by

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Cummins India has been awarded the BG Deshmukh Award for exhibiting effective corporate social responsibility (CSR) by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA).  MCCIA gives the BG Deshmukh award for contribution in terms of social development by corporations ans businessmen. Cummins has been given this award for its work in 3 areas […]

Why report – Sustainability and CSR

January 17, 2011 by

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Market, Clients, Competitors and investors might be a driving force triggering the Sustainability report (SDR) initiative within the organization. A large number of corporations do showcase their CSR/SDR report(s) on their websites to make the stakeholders aware of their initiatives towards the social causes and the environment.  CSR/SDR report(s) are the platform to projecting the […]

CSR by Indian Companies to remain voluntary

December 24, 2010 by

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Indian companies can now enjoy not spending their 2% of profit on CSR.  Provisions for mandatory requirement of spending 2% of their profits on social cause have been dropped from the present Companies Bill. Now the revised Companies Bill includes only a voluntary requirement of spending target of 2% of the profit on CSR activities […]

Balancing triple bottom line – Sustainable investing

November 29, 2010 by

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Introduction Climate change has brought forth the environmental aspect in investments and business functions worldwide. The threats posed by climate change and global warming are enormous and therefore CEOs of world’s leading organizations are now focusing on sustainability like never before. E&Y surveyed top companies in the world and found that in 36% of the […]