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This document discusses trends in corporate social responsibility (CSR) in India. It outlines the scope of CSR activities companies engage in, including education, healthcare, the environment, and social empowerment. It also discusses the importance of CSR for improving public image, attracting investors and employees. The document analyzes CSR spending based on company origin and industry, and tracks developments in CSR from 2013 to 2017, noting improved reporting, spending increases, and a transition to align with UN Sustainable Development Goals.
Исходное описание:
A group presentation on Trends and patterns of Corporate social responsibility.
This document discusses trends in corporate social responsibility (CSR) in India. It outlines the scope of CSR activities companies engage in, including education, healthcare, the environment, and social empowerment. It also discusses the importance of CSR for improving public image, attracting investors and employees. The document analyzes CSR spending based on company origin and industry, and tracks developments in CSR from 2013 to 2017, noting improved reporting, spending increases, and a transition to align with UN Sustainable Development Goals.
This document discusses trends in corporate social responsibility (CSR) in India. It outlines the scope of CSR activities companies engage in, including education, healthcare, the environment, and social empowerment. It also discusses the importance of CSR for improving public image, attracting investors and employees. The document analyzes CSR spending based on company origin and industry, and tracks developments in CSR from 2013 to 2017, noting improved reporting, spending increases, and a transition to align with UN Sustainable Development Goals.
-Puja Debnath (46) -Y. Laxmi Singha (61) INTRODUCTION Corporate Social Responsibility is not a new concept in India, however, the Ministry of Corporate Affairs, Government of India has recently notified the Section 135 of the Companies Act, 2013 along with Companies. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives ("Triple Bottom-Line- Approach"), while at the same time addressing the expectations of shareholders and stakeholders. WHAT IS CSR?
The term "Corporate Social Responsibility (CSR)"
can be referred as corporate initiative to assess and take responsibility for the company's effects on the environment and impact on social welfare.
Corporate social responsibility may also be
referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead promote positive social and environmental change. SCOPE
Education Water supply including drinking water
Health care organizing, Health awareness camps
Environmental programs
Social Empowerment
Sports and culture
IMPORTANCE OF C.S.R
Improves public image of company.
Increases media coverage of company.
Boost employment engagement in company.
Attract and retain investors.
Funding via matching gift program.
More volunteer participation.
Varied sources of revenue.
STATE-WISE FOCUS OF COMPANIES CSR BY INDIAN ORIGIN COMPANIES AND NON INDIAN ORIGIN COMPANIES CSR SPENDS BY TYPE OF COMPANIES AND NATURE OF INDUSTRY 2013-14
The findings show an improvement in the
understanding of these issues and an understanding of the importance.
The problems such as water scarcity in Malta.
Consciousness about the importance of CSR and
the value that such responsibility brings to a company’s reputation, attractiveness as an employer, and its direct benefit in terms of cost savings, s increasing. 2014-15
It was the first year of mandatory CSR reporting.
At this juncture, many corporate invested in
systems and processes for effective reporting.
Several CSR projects were being conceptualised
and designed at this stage. 2015-16
It was observed that the availability of information
and governance mechanisms of CSR projects improved.
Increased spending was witnessed in the second year.
It was a watershed moment in the international
development scenario.
It was the year of transition from Millennium
Development Goals (MDGs) to Sustainable Development Goals (SDGs). 2016-2017
New sections were introduced such as CSR and
Sustainable Development Goals (SDGs) and CSR by turnover of companies.
We have also brought in analysis on new
parameters based upon the interest of various stakeholders such as diversity in CSR leadership, local community alignment of CSR programmes, project wise expenditure calculations, backward districts and CSR, and many more.