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The CSR Voluntary Guidelines served as a statement of intent by the Government of India to encourage businesses to adopt responsible business practices. The CSR Guidelines provided for review and elaboration which was undertaken by the Indian Institute of Corporate Affairs, a think-tank and capacity development institution set up by the MCA.
Unlike global definitions of CSR in the triple bottom line, corporate citizenship, sustainable business, business responsibility, and closed-loop realm, in India, CSR is a philanthropic activity. What has changed since formalizing it in 2014 is the shift in focus from institution building (schools, hospitals, etc.) to focus on community ...
Some critics argue that corporate social responsibility (CSR) distracts from the fundamental economic role of businesses; others argue that it is nothing more than superficial window-dressing, such as "greenwashing"; [28] others argue that it is an attempt to pre-empt the role of governments as a watchdog over powerful corporations. A ...
Each year, Lucknow City Run sees thousands of Lucknow residents run for causes such as AIDS Awareness (2010) and Sustainable Living (2011). The event Yajna, started in 2011, is conducted in association with NGOs and corporates. It provides B-school students social entrepreneurship projects to solve. The projects are based in many cities of India.
Reliance Foundation received India CSR Award 2016 for Water Conservation, Agricultural Development and Best Documentary Film. [ 27 ] Reliance Foundation bagged the prestigious Porter Prize 2015 for its "outstanding contribution to the society to meet the basic human needs, establishing blocks that allow communities to sustain quality of life ...
Corporate social responsibility may cover: A company running its business responsibly in relation to internal stakeholders ( shareholders , employees , customers and suppliers) The role of business in relation to the state (locally and nationally) as well as to inter-state institutions or standards
Together with Google India, it has launched a program to train people on mobile development, via a 100-hour course to be delivered though partner agencies. [6] NSDC also signed a collaboration with the Indian Institute of Corporate Affairs to train people within CSR, corporate governance, business innovation, e-governance and other skills. [7]
S M Sehgal Foundation (Sehgal Foundation) is an Indian NGO focused on rural development with its head office in Gurugram (formerly Gurgaon), [1] Haryana. It was founded as an Indian public, charitable trust in 1999 by plant geneticist Suri Sehgal (Dr. Surinder M. Sehgal) and his wife Mrs. Edda Sehgal, who together had accumulated wealth through the 1998 sale of their hybrid seed businesses ...