CB Bureau

Environment clearance system akin to ‘paying the piper to call the tune’: SC

The system of granting environmental clearances to industrial and other projects has come under sharp criticism from the Supreme Court (SC). According to the court, the environment ministry had been letting private companies pay ‘a packet’ to their favourite experts to assess the environmental impacts of their projects and obtain approvals on their basis. The…

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A vision, two drivers and three approaches for sustainable innovations

Talking-and-thinking points from the report ‘Sustainable and inclusive innovation ”  strategies for  tomorrow’s world’ by CII-ITC CESD  “ part 3 The five steps to ‘Sustainable and Inclusive Innovations’, or SI2, have been identified as important for  a company that wants to explore sustainability and inclusivity as drivers for  innovation. The five steps are represented in…

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CSR by PSUs: SCOPE proposes mandatory social audit

Considering 2-5 per cent of net profits – several hundred crore of public money – is being spent on corporate social responsibility (CSR) by public sector undertakings (PSUs), there should be compulsory accountability of this money, opines Standing Conference of Public Enterprises (SCOPE). SCOPE wants to make it mandatory for profit-making PSUs to get a…

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CSR is a must for businesses’ contribution to national objectives: President

‘As we are working for the transformation of India, many welfare schemes and infrastructure projects are being implemented under the public-private partnership model. This has meant that the administrator and the manager are working in partnership. Hence, businesses must incorporate social responsibility in their functioning, so that they can contribute to national objectives,’ said President…

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Five NGOs receive EdelGive Social Innovation Honours

EdelGive Foundation, the philanthropic arm of Edelweiss Capital Ltd, recently announced the winners of the Third EdelGive Social Innovation Honours (ESIH). Following a four-stage evaluation process, five NGOs were chosen for their innovative work in the areas of health and well-being, education, livelihoods, governance, and social and cultural rights of women. A prize money of…

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CSR star awards for SAIL and MARG

Steel Authority of India (SAIL) and MARG Limited received India Shining Star CSR Award for exemplary contributions towards corporate social responsibility (CSR) in the iron and steel and infrastructure sectors, respectively, on February 21 in Mumbai. SAIL is a Navratna PSU and contributes more than two per cent of its net profit annually towards CSR….

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