Articles - CSR

“CSR is not a one-time program, but a culture and a way of doing business that will generate a lasting impact.” – Paul Polman, former CEO of Unilever Corporate Social Responsibility (CSR) has gained traction in recent years and has come a long way since its inception. Companies back then began donating to charitable causes

Transparency International’s Corruption Perception Index (CPI) ranked India at 80 (outof 180 countries) in 2019, with a CPI Index of 41, based on an overall potential score of100 (Zero being highly corrupt while 100 being very clean). While making CorporateSocial Responsibility (CSR) contributions, companies may find themselves exposed tocorruption risks under the Indian as well

Introduction Environmental, Social, and Governance (ESG) principles have gained significant traction in the corporate world, representing a fundamental shift towards more sustainable and socially responsible business practices. ESG factors evaluate a company’s impact on the environment, its commitment to social responsibility, and its governance practices. While ESG offers numerous benefits, it is not without its

Identification of CSR Partner While executing CSR Program, selection of a CSR partner is crucial. There are more than 30 Lakh NGOs in India which provides ample choice to the companies. With the growing importance of corporate governance, stricter monitoring and reporting obligation it requires companies to be more disciplined and compliant while implementing CSR

The Companies (Corporate Social Responsibility (CSR) Policy) Amendment Rules, 2021 is one more step ahead by the Government towards increased legal scrutiny of CSR activities not only for corporate bodies but equally for the implementation agencies. In last few years, Government cancelled Foreign contribution regulation Act (FCRA) licenses of various NGOs which were non-compliant with

Introduction: “The highest education is that which does not merely give us information but makes our life in Harmony with all existence.”- Rabindranath Tagore In today’s world, education is more important than ever, especially in rural areas where it is difficult for children to access quality education. Many children in rural areas lack access to

Introduction   In the ever-evolving landscape of business, corporate houses are increasingly recognizing the importance of incorporating social responsibility into their core strategies and technology is playing a key role in making this possible. Corporate Social Responsibility (CSR) is no longer just a buzzword, it has become a business imperative. And with technology evolving at lightning

Introduction: Corporate Social Responsibility popularly known as “CSR” can be a game changer by becoming a powerful mechanism to contribute positively to the upliftment of the society or the nation as a whole in various parameters. Although the Companies Act, 2013 creates a regulatory mandate on certain eligible Companies to mandatorily spend 2% of their

Across the decade, the concept of Corporate Social Responsibility (CSR) has gained significant momentum, advocating that businesses should not be solely focused on maximizing shareholder value but have a parallel mindset to contribute to society at large. CSR encourages companies to take responsibility for their impact on society, considering the interests of various stakeholders, including

Unspent CSR obligations met, but is the company still non-compliant? Applicable Provisions for Spending of CSR & Responsibility casted: Sub section (5) of section 135 of the Companies Act, 2013 [“Act”] casts a duty on the Board of Directors of every company who is required to constitute a CSR Committee in terms of section 135