Articles - CSR

Introduction: Corporate Social Responsibility (CSR) has evolved significantly since its incorporation into the Companies Act, 2013. This mandate requires eligible corporates to allocate 2% of their net profits to specific activities or recognized funds outlined in Schedule VII of the Companies Act, 2013. Traditionally, these CSR initiatives have focused on sectors like rural development, healthcare,

In today’s ever-evolving corporate landscape, the concept of Environmental, Social, and Governance (ESG) has gained significant traction. ESG criteria are increasingly influencing investment decisions, corporate policies, and even public perception. However, there’s a common misconception that ESG primarily focuses on the environment, neglecting the essential aspects of social and governance. In reality, these three pillars

In today’s fast-paced and ever-evolving business landscape, sustainability and responsible business practices have become paramount. With increasing focus on sustainability and Corporate Social Responsibility, BRSR reporting provides a framework for companies to transparently communicate their environmental, social, and governance (ESG) performance. In the current scenario, companies are increasingly demanding to demonstrate their commitment to sustainability,

Introduction: Section 135(1) prescribes certain criterion based on which CSR applicability is decided for any company. Every company to which CSR Criteria is applicable shall constitute CSR committee and needs to comply with other applicable provisions of Companies Act, 2013. Although provisions of Companies Act, 2013 makes it mandatory to spend on CSR, it positively

Introduction In an era marked by pressing environmental and social challenges, the concept of Environmental, Social, and Governance (ESG) has evolved from being a mere buzzword to a global imperative. The need for sustainability, equity, and responsible governance is more apparent than ever. While ESG represents a call to action for the universe, its realization

Companies and Government join forces, like a dynamic duo, to create a positive change through Corporate Social Responsibility (CSR) interventions. We often witness the efforts made by companies and the Government to provide infrastructure and support to the people. These initiatives, whether under CSR interventions or otherwise, aim to uplift communities and improve lives. In

In a world plagued by unprecedented environmental challenges and social inequalities, a powerful movement has emerged, reshaping the landscape of business and finance. Enter the era of Environmental, Social, and Governance (ESG) compliances – a holistic approach that transcends mere profit-seeking and heralds a transformative paradigm shift. Capturing the hearts and minds of corporations, investors,

In an age where businesses are expected to do more than merely generate profits, Corporate Social Responsibility (CSR) has emerged as a powerful tool for companies to align their values with societal needs. While CSR is an umbrella term encompassing various ethical practices, it’s the trifecta of vision, mission, and clear goals that truly elevate

BRSR CORE ASSURANCE & DISCLOSURE SEBI has come up with Circular No. SEBI/HO/CFD/CFD-SEC-2/P/CIR/2023/122 dated 12th July 2023 where it has revised the format of BRSR and provided glide-path for implementation of BRSR Core Assurance for listed entities as well as Value Chain partners. The following table can be referred for an easy understanding of the