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
CSR activities: Ramesh suggests partnership between his ministry and PSUs
‘We should have partnership between environment ministry and ONGC. If we get partnership with five PSUs like ONGC, we will get a part of their corporate social responsibility (CSR) budget for spending on good afforestation activities, particularly in wetland and mangrove areas,’ said
Create value through sustainable business and win US$480,000, courtesy Nestlé
On February 11, 2011, Nestlé made a call for global nominations for the 2012 Nestlé prize in Creating Shared Value (CSV). Launched in 2009, the prize – financial support of more than US$480,000 – is awarded in alternate years to an innovation or
CSR in India: Government for mandatory spends, corporate India not sure
Leading dailies of the country on February 10 reported that the new Companies Bill would probably make it mandatory for companies to spend two per cent of their profits towards CSR. For corporate India, this is a surprise development from the office of
Coca-Cola could not achieve ‘water replenishment’ goal
The Coca-Cola company’s seventh sustainability report says that the company could not achieve a goal of returning all water used in its manufacturing process to the environment by 2010. The company had aimed at treating the used water up to a level that
CSR crisis: Common people against Posco; Vedanta lied, says environment ministry
Although Environment Minister Jairam Ramesh has allowed Posco to resume work, the steel plant does not seem to be coming up soon. The locals in Jagatsinghour, the proposed plant site, have intensified their agitation against the project. Criticizing Ramesh, Posco Pratirodh Sangram Samiti
Philanthropy and profit are not mutually exclusive: Omidyar
Social impact and social entrepreneurship were the focus areas at the OP Jindal Memorial Lecture Series introduced by the Jindal Group in Mumbai. The event was primarily aimed at drawing the attention of corporate groups to increase their engagement in new forms of
CSR in India: Corporate affairs minister calls for ‘ethical, responsible and sustainable’ business
‘Corporate social responsibility (CSR) is not just charity. It is like an obligation and we owe it to the next generation,’ said Union Minister of State for Corporate Affairs and Ministry of Minority Affairs Salman Khurshid while inaugurating a seminar ‘Corporate sustainability: the
CSR funds: Parliamentary panel wants 50% to go for afforestation
‘If the government makes it mandatory that 50 per cent of the money being spent towards corporate social responsibility (CSR) will be used for massive afforestation, then millions of hectares of land will be covered by forests. ‘At the same time the government
PVR Nest ‘highly commended’ at green awards; MSS awarded by UK charity‎
PVR Nest, the CSR arm of PVR Ltd, was ‘highly commended’ under the Best Green Educational Project Category (Promoting Sustainable Development Issues)’ at Global Green Award 2010 in London. Wm Morrison Supermarkets PLC – Let’s Grow (UK)bagged the award in the same category.