Decoding the CSR clause in Companies Bill 2012 – Part 1
For many of us, it is no news that the Companies Bill 2012 is yet to be mentioned in the parliament. The killing of Indian Army soldiers on the border diverted attention of the members of both houses and at this point even
Monsoon Session begins: Will Companies Bill with CSR clause get through?
With just 16 working days and 44 pending bills – including the Food Security Bill – as well as discussions on the controversial Telengana issue, it seems that the long-awaited Companies Bill (conceptualized in 2011) with the mandatory corporate social responsibility (CSR) clause
CSR report: Make beneficiaries tell the tale, let numbers be
Several millions reached, thousands benefitted, lives of hundreds changed… In most cases, the reports on corporate social responsibility (CSR) programmes begin with bold, big numbers to showcase the ‘big’ impact made. For marketers, advertisers and sellers within the company, that works like a
CSR: An independent state for corporate groups, please…
Hong Kong is an international financial centre that has the world’s 6th highest GDP per capita, supporting 33 per cent of the foreign capital flows into China. In size, it is a mere 1,104 km ², which is less than 1/100th of 114,840
India’s tigers: Need legal protection for their forest corridors
Forest corridors that allowed India’s tigers to breed with one another are vital for their conservation, according to research that has just been published in the Proceedings of the Royal Society B. Using historical data and genetic analyses, Sandeep Sharma of the Smithsonian
CSR: Create Olympians, get back the glories
In the 1968 Olympics, seven out of eleven players in India’s hockey team were from the same remote village in Punjab. With a current population of about 4,500, Sansarpur has nurtured 16 Olympians. During its golden era, when the Indian field hockey team
CSR: Companies can help in upgrading midday meal
Last week the debate on the quality of the midday meal saw yet another twist as non-governmental organizations (NGOs) that ran the kitchens to cook meals stated that they did not get enough funds to maintain the required quality as well as the
India pays for environment degradation through 1.10 lakh lives
The outdoor pollution alone kills 1.09 lakh adults and 7,513 children every year in India, while about six per cent (nearly Rs 3.75 lakh crore) of the country’s gross domestic product (GDP) is getting lost due to a ruining environment. The numbers were
Future Trends in CSR: The Next 10 Years – PART 2
Looking to the future, what is needed – and what is just starting to emerge – is a new approach to CSR, which I call Systemic CSR, or CSR 2.0. This is a purpose-driven, principle-based approach, in which business seeks to identify and