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Corporate Social Responsibility under conpanies act 2013
1.
2. What is CSR…?
“CSR is about how companies manage the
business processes to produce an overall
positive impact on society.”
“Corporate Social Responsibility is the
continuing commitment by business to behave
ethically and contribute to economic
3.
4. CSR under companies 2013 Act
Companies Mandated to constitute
a CSR Committee
• Net worth of Rs 500 Crore or
more
• Turnover of Rs 1000 Crore or
more
• Net profit of Rs 5 Crore or more
CSR Committee to have
• Three or more directors
5. Contd…
Board’s Report shall disclose the
constitution of CSR Committee.
CSR Committee will
• Formulate CSR policy and
recommend to board indicating the
activities to be undertaken as
specified in schedule VII.
• Recommend the amount of
6. Contd……
Board of Directors will
• Approve CSR Policy
• Ensure implementation of CSR
policy
• Disclose the contents of CSR policy
in the Board report
• Place the same on company’s
7. Schedule VII Activities
▪ Eradicating extreme hunger & poverty
▪ Promotion of education
▪ Promoting gender equality and
empowering women
▪ Reducing child mortality and improving
maternal health
▪ Combating human immunodeficiency virus,
acquired immune deficiency syndrome,
malaria and other diseases
▪ Ensuring environment sustainability
▪ Employment enhancing vocational skills
9. “We make a living by what we get.We make a
life by what we give.”
-Winston S. Churchill
10. Thank You!
▪ AnujVerma.
▪ Dipesh Raikar.
▪ Mayuresh Karpe.
▪ Ikshit Mistry (I.M.)
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Editor's Notes
Meeting the needs of the present without compromising the ability of future generations to meet their own needs.=> Sustainable.Viable- Capable of living.Bearable- Capable of being tolerated.Equitable- Reasonable / Fair.Brundtland commission report 1987.