Corporate social responsibility (CSR) refers to a company's obligation to consider the economic, legal, social and environmental impacts of its activities on society. Barnard (1938) defined CSR as analyzing the economic, legal, moral, social and physical aspects of a company's environment. CSR involves companies operating in a sustainable manner that benefits all stakeholders. In India, CSR became mandatory in 2014, requiring companies to invest profits in areas like education, poverty alleviation, gender equality and hunger reduction. Examples of CSR programs by major Indian companies include Tata Group's community development projects, Ultratech Cement's healthcare and livelihood programs, and ITC Group's sustainable livelihood and environmental protection initiatives.
This document discusses corporate social responsibility (CSR). It defines CSR as businesses behaving ethically and contributing to economic development while improving the quality of life of employees, local communities, and society. The document contrasts the traditional American philanthropic model of CSR with the European model where CSR is an integral part of wealth creation that enhances business competitiveness. It also discusses CSR initiatives in India, where CSR programs address socioeconomic issues like poverty and education. Several large Indian companies are discussed that have engaged in CSR activities for many years.
The document discusses corporate social responsibility (CSR), defining it as companies managing their business processes to have an overall positive impact on society. It provides definitions of CSR from experts as a company's commitment to ethical behavior and contributing to economic development and community well-being. The document outlines how CSR involves internal policies like employee welfare and external efforts like community development and environmental protection. It gives examples of how companies implement CSR programs.
Corporate social responsibility (CSR) refers to integrating social and environmental concerns into business operations. CSR policy functions as a self-regulating mechanism for businesses to monitor their compliance with laws, ethics, and social norms. Some define CSR as actions that appear to further social good beyond what is legally required of the firm. The document then provides examples of CSR activities from various Indian companies, including sectors they focus on, initiatives taken, and their approach to CSR.
The document discusses corporate social responsibility (CSR) activities of four major Indian companies - Britannia, Amul, Nestle, and ITC (Sunfeast brand). It describes how each company supports social causes like healthcare, education, and sustainable farming practices through CSR programs in communities near their operations. Amul is highlighted as a cooperative owned by milk producers that shares most of its profits with farmers. Nestle and ITC also focus on initiatives improving water access, literacy, and natural resource management.
Project on Corporate Social ResponsibilityPadma Ch
This document is a project report submitted by Ch. Padmavati to fulfill requirements for a Bachelor of Business Management degree. The report focuses on studying corporate social responsibility (CSR) activities at the Rajiv Gandhi Combined Cycle Power Project operated by NTPC Limited in Kayamkulam, Kerala. Some key CSR initiatives discussed include providing drinking water infrastructure, roads, healthcare services, and vocational training to local communities. The report aims to assess the level of satisfaction among people receiving free medical services in tsunami-affected villages. It utilizes primary data collected through questionnaires with 100 patients and secondary data from NTPC brochures.
This document discusses the history and evolution of corporate social responsibility (CSR) in India over four phases:
1) Pre-1850s: CSR focused on charity and philanthropy through temples and famine/epidemic relief.
2) 1850s-1947: Industrialists like Tata and Birla established trusts for schools/colleges under Gandhi's trusteeship concept.
3) 1960-1980: A mixed economy model and public sector undertakings emerged, though CSR efforts were limited.
4) Post-1980: Globalization encouraged CSR as a business strategy; the 2013 Companies Act now mandates a 2% profit spend on CSR.
This document discusses corporate social responsibility (CSR) initiatives related to cleanliness. It presents on CSR and cleanliness by a group from the National Institute of Fashion Technology in Rae Bareli. The presentation outlines the importance of cleanliness, examples of CSR programs focused on cleanliness from companies like Hindustan Unilever and Tata, and the group's planned online and offline initiatives to promote cleanliness including a Facebook page and campus cleanliness drive.
Corporate social responsibility (CSR) refers to a company's obligation to consider the economic, legal, social and environmental impacts of its activities on society. Barnard (1938) defined CSR as analyzing the economic, legal, moral, social and physical aspects of a company's environment. CSR involves companies operating in a sustainable manner that benefits all stakeholders. In India, CSR became mandatory in 2014, requiring companies to invest profits in areas like education, poverty alleviation, gender equality and hunger reduction. Examples of CSR programs by major Indian companies include Tata Group's community development projects, Ultratech Cement's healthcare and livelihood programs, and ITC Group's sustainable livelihood and environmental protection initiatives.
This document discusses corporate social responsibility (CSR). It defines CSR as businesses behaving ethically and contributing to economic development while improving the quality of life of employees, local communities, and society. The document contrasts the traditional American philanthropic model of CSR with the European model where CSR is an integral part of wealth creation that enhances business competitiveness. It also discusses CSR initiatives in India, where CSR programs address socioeconomic issues like poverty and education. Several large Indian companies are discussed that have engaged in CSR activities for many years.
The document discusses corporate social responsibility (CSR), defining it as companies managing their business processes to have an overall positive impact on society. It provides definitions of CSR from experts as a company's commitment to ethical behavior and contributing to economic development and community well-being. The document outlines how CSR involves internal policies like employee welfare and external efforts like community development and environmental protection. It gives examples of how companies implement CSR programs.
Corporate social responsibility (CSR) refers to integrating social and environmental concerns into business operations. CSR policy functions as a self-regulating mechanism for businesses to monitor their compliance with laws, ethics, and social norms. Some define CSR as actions that appear to further social good beyond what is legally required of the firm. The document then provides examples of CSR activities from various Indian companies, including sectors they focus on, initiatives taken, and their approach to CSR.
The document discusses corporate social responsibility (CSR) activities of four major Indian companies - Britannia, Amul, Nestle, and ITC (Sunfeast brand). It describes how each company supports social causes like healthcare, education, and sustainable farming practices through CSR programs in communities near their operations. Amul is highlighted as a cooperative owned by milk producers that shares most of its profits with farmers. Nestle and ITC also focus on initiatives improving water access, literacy, and natural resource management.
Project on Corporate Social ResponsibilityPadma Ch
This document is a project report submitted by Ch. Padmavati to fulfill requirements for a Bachelor of Business Management degree. The report focuses on studying corporate social responsibility (CSR) activities at the Rajiv Gandhi Combined Cycle Power Project operated by NTPC Limited in Kayamkulam, Kerala. Some key CSR initiatives discussed include providing drinking water infrastructure, roads, healthcare services, and vocational training to local communities. The report aims to assess the level of satisfaction among people receiving free medical services in tsunami-affected villages. It utilizes primary data collected through questionnaires with 100 patients and secondary data from NTPC brochures.
This document discusses the history and evolution of corporate social responsibility (CSR) in India over four phases:
1) Pre-1850s: CSR focused on charity and philanthropy through temples and famine/epidemic relief.
2) 1850s-1947: Industrialists like Tata and Birla established trusts for schools/colleges under Gandhi's trusteeship concept.
3) 1960-1980: A mixed economy model and public sector undertakings emerged, though CSR efforts were limited.
4) Post-1980: Globalization encouraged CSR as a business strategy; the 2013 Companies Act now mandates a 2% profit spend on CSR.
This document discusses corporate social responsibility (CSR) initiatives related to cleanliness. It presents on CSR and cleanliness by a group from the National Institute of Fashion Technology in Rae Bareli. The presentation outlines the importance of cleanliness, examples of CSR programs focused on cleanliness from companies like Hindustan Unilever and Tata, and the group's planned online and offline initiatives to promote cleanliness including a Facebook page and campus cleanliness drive.
Corporate Social Responsibility (CSR) in India has traditionally been seen as philanthropic activities by corporations. The Companies Act of 2013 introduced the concept of CSR to the forefront and mandates transparency and disclosure of CSR activities. It defines CSR as activities related to education, healthcare, environment sustainability, and more. The Act also outlines requirements around budget allocation for CSR activities and management through a CSR committee. The Confederation of Indian Industry published a handbook to guide companies on developing CSR strategies and implementing effective programs aligned with the Companies Act.
This document discusses the evolution of corporate social responsibility (CSR) in India from philanthropy to mandatory CSR. It notes that traditionally, CSR in India was seen as philanthropic activity performed voluntarily by companies. However, global influences and demands from communities have made CSR more strategic and linked to business. The Companies Act of 2013 introduced CSR to the forefront in India and mandates disclosure of CSR activities. The objective of the study is to analyze the rationale for making CSR spending mandatory in India given its development needs and uneven distribution of growth benefits.
Corporate social responsibility mission possibleManoj Bhambu
This document discusses corporate social responsibility in India. It outlines how CSR has historically been an important part of Indian society since ancient times. The Companies Act of 2013 now mandates that large companies spend 2% of their net profits on CSR activities related to issues like poverty, education, health, environment and more. If companies fully comply with this law, it is estimated they could positively impact over 100 million people each year through these activities. However, current spending on CSR by companies in India is below the target amount in the law. Increased CSR spending is expected to improve social indicators and companies' reputations.
The document summarizes CSR activities of two major Indian companies - Tata Group and Aditya Birla Group.
Tata Group focuses on empowering communities through skills training, livelihood generation, and deploying technology for social good. Their key focus areas include education, healthcare, livelihoods, and disaster relief. Aditya Birla Group works on education, healthcare, sustainable livelihoods, infrastructure, and social causes. Their activities include schools, vocational training, medical camps, self-help groups for women, and addressing issues like sanitation and energy.
This document discusses corporate social responsibility (CSR) and provides context around its history and importance. It defines a corporation and outlines how corporations historically served the public good but later focused solely on profits. It then describes the adverse effects of corporations on workers, human health, animals, and the biosphere. The document explains how the new Indian Companies Act requires large companies to allocate 2% of profits to CSR initiatives in education, healthcare, sanitation, and the environment. Finally, it discusses benefits of CSR to society, employees, and corporations, but also notes CSR could potentially be misused.
What is CSR, History and Phases of CSR, Constituents of CSR, CSR Development in India, CSR Law - Sec 135, Why CSR, Benefits of CSR, CSR Life Cycle, CSR Process, CSR Initiative.
Tata Motors undertakes various CSR projects in the areas of health, education, employability, environment, and drinking water. In the past year, these projects have positively impacted over 200,000 people. The company implements projects directly and through partnerships with non-profits. Key initiatives include health camps, education programs in municipal schools, skill development programs, solar lamps for students, forest conservation efforts, and drinking water infrastructure projects.
The document discusses various corporate social responsibility (CSR) initiatives undertaken by different companies in India. It describes projects related to environmental protection, healthcare, education, empowering marginalized communities, and more. The document emphasizes that CSR goes beyond statutory compliance and that companies have a responsibility toward customers, employees, shareholders, and society. It provides many examples of partnerships between companies and non-profits to work on social and environmental issues.
THE COMPANY I ADMIRE THE MOST FOR ITS CORPORATE SOCIAL RESPONSIBILITYSwarupa Rani Sahu
Titan Industries is recognized as a leader in corporate social responsibility in India. It has implemented numerous CSR initiatives that benefit employees, local communities, and the environment. Some of its key CSR programs include employing physically disabled individuals, empowering rural women through business opportunities, operating a primary school for local children, and reducing the environmental impact of its operations. Titan's commitment to CSR is embedded in its core values and guiding principles.
Corporate social responsibility (ITC limited)ArnabAcharjee3
ITC has engaged in corporate social responsibility programs for over 100 years focused on creating value for Indian society. Their CSR programs focus on health, education, livelihoods, the environment, heritage and disaster relief. In the last year they spent over 35% of CSR funds on health and sanitation, 15% on education and vocational training, and 10% on environmental sustainability programs. Key initiatives include the ITC e-Choupal ecosystem which empowers 4 million farmers with information, and their watershed development program which benefits over 3 million people. The presentation recommends ITC increase customer awareness of CSR activities and preservation of heritage, art and culture.
Dabur India Limited has over 100 years of experience in the FMCG sector. It has a portfolio of 381 products across 21 categories. Through its CSR arm SUNDESH, established in 1993, Dabur focuses on health, education, eradicating poverty and hunger, and environmental sustainability. Key programs include health services, literacy programs, vocational skills training, and awareness campaigns in rural areas on health, sanitation, and disease prevention.
Corporate social respponsibilty by max india foundationAvinash Chavan
The document defines CSR as a company's responsibility toward the community and environment where it operates. It expresses this through pollution reduction, contributing to social programs, and adequate returns. Benefits include increased employee and customer loyalty, reputation, and productivity. The impact on business includes shareholder value, efficiency, brand value, risk management, and a license to operate. There are two types of CSR - ethical which avoids harm, and strategic which benefits both society and the company. CSR concerns tangible actions while business ethics focuses on values. The case study outlines the work of Max India Foundation which focuses on healthcare, awareness, and sustainability through various initiatives and camps over six years.
Meaning & definition of CSR
History & evolution of CSR
Motives of CSR
Benefits and internal scope of CSR
Enterprise social responsibility
Concept of sustainability & stakeholder management
CSR through triple bottom line and sustainable business
Environmental aspect of CSR
Chronological evolution of CSR in India
Syllabus as prescribed by RTM Nagpur University for the course 'CSR and Sustainability, for MBA Programme
The document discusses the conceptual framework of corporate social responsibility and business responsibility, providing an overview of international standards and norms. It examines the role of non-governmental organizations in promoting business responsibility through activities like advocacy, resource provision, and implementing programs. The document also reviews cases where non-profits pressured companies to change practices, such as Nike reforming its labor policies after criticism of working conditions in overseas factories.
Cairn India is committed to conducting its operations in a socially and environmentally responsible manner. This commitment is fundamental to the long term success and focus on creating value and making a difference where Cairn India operates through various community development initiative in Rajasthan, Gujarat, Andhra Pradesh and Sri Lanka. Corporate Social Responsibility (CSR) is therefore an integral part of Cairn India’s business strategy. Cairn India’s success is guided by the CSR vision, which is encapsulated in the 3 Rs – Respect, Relationships and Responsibility.
Corporate Social Responsibility (CSR) at Hindustan Unilever (HUL)Rohan Bharaj
This presentation showcases the CSR activities undertaken by the biggest FMCG company in India - HUL.
It also talks about how it has impacted the lives of so many people in a positive way.
The document discusses corporate social responsibility (CSR) in India. It defines CSR as a company's commitment to contribute to sustainable economic development and improve societal well-being. The Companies Act of 2013 mandates CSR for large companies in India. Eligible companies must spend 2% of their net profits on CSR activities focused on issues like poverty, education, healthcare, and the environment. Top Indian companies like Infosys and Mahindra & Mahindra undertake extensive CSR programs in areas of education, healthcare, and community development.
In India from ancient time social responsibility is known as social duty or
charity, which is changing its nature in broader aspect, known as
Corporate Social Responsibility. Corporate Social Responsibility is defining
as a concept whereby companies integrate social and environmental
concerns in their business operations and in their interaction with their
stakeholders on a voluntary basis. Now a day’s organisations have realised
that ultimate goal is not profit making besides this trust building is viable
and assert able with societal relationship. Many of the leading companies
had realised the importance of being associated with social relevant causes
as a means of promoting their brand. Though, Indian companies are
practicing the Corporate Social Responsibility for decades but still it is at
its growth. A lack of understanding, inadequately trained personnel, policy
etc further adds to the reach and effectiveness of Corporate Social
Responsibility programs. This paper tries to focuses on the present status of
Corporate Social Responsibility in India.
Keywords: Corporate Social Responsibility, Organisations, Companies Act, Charity.
Corporate social responsibility status in indiaTapasya123
In India from ancient time social responsibility is known as social duty or
charity, which is changing its nature in broader aspect, known as
Corporate Social Responsibility. Corporate Social Responsibility is defining
as a concept whereby companies integrate social and environmental
concerns in their business operations and in their interaction with their
stakeholders on a voluntary basis. Now a day’s organisations have realised
that ultimate goal is not profit making besides this trust building is viable
and assert able with societal relationship. Many of the leading companies
had realised the importance of being associated with social relevant causes
as a means of promoting their brand. Though, Indian companies are
practicing the Corporate Social Responsibility for decades but still it is at
its growth. A lack of understanding, inadequately trained personnel, policy
etc further adds to the reach and effectiveness of Corporate Social
Responsibility programs. This paper tries to focuses on the present status of
Corporate Social Responsibility in India.
From Philanthropy to Mandatory CSR: A Journey towards Mandatory Corporate So...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Corporate Social Responsibility (CSR) in India has traditionally been seen as philanthropic activities by corporations. The Companies Act of 2013 introduced the concept of CSR to the forefront and mandates transparency and disclosure of CSR activities. It defines CSR as activities related to education, healthcare, environment sustainability, and more. The Act also outlines requirements around budget allocation for CSR activities and management through a CSR committee. The Confederation of Indian Industry published a handbook to guide companies on developing CSR strategies and implementing effective programs aligned with the Companies Act.
This document discusses the evolution of corporate social responsibility (CSR) in India from philanthropy to mandatory CSR. It notes that traditionally, CSR in India was seen as philanthropic activity performed voluntarily by companies. However, global influences and demands from communities have made CSR more strategic and linked to business. The Companies Act of 2013 introduced CSR to the forefront in India and mandates disclosure of CSR activities. The objective of the study is to analyze the rationale for making CSR spending mandatory in India given its development needs and uneven distribution of growth benefits.
Corporate social responsibility mission possibleManoj Bhambu
This document discusses corporate social responsibility in India. It outlines how CSR has historically been an important part of Indian society since ancient times. The Companies Act of 2013 now mandates that large companies spend 2% of their net profits on CSR activities related to issues like poverty, education, health, environment and more. If companies fully comply with this law, it is estimated they could positively impact over 100 million people each year through these activities. However, current spending on CSR by companies in India is below the target amount in the law. Increased CSR spending is expected to improve social indicators and companies' reputations.
The document summarizes CSR activities of two major Indian companies - Tata Group and Aditya Birla Group.
Tata Group focuses on empowering communities through skills training, livelihood generation, and deploying technology for social good. Their key focus areas include education, healthcare, livelihoods, and disaster relief. Aditya Birla Group works on education, healthcare, sustainable livelihoods, infrastructure, and social causes. Their activities include schools, vocational training, medical camps, self-help groups for women, and addressing issues like sanitation and energy.
This document discusses corporate social responsibility (CSR) and provides context around its history and importance. It defines a corporation and outlines how corporations historically served the public good but later focused solely on profits. It then describes the adverse effects of corporations on workers, human health, animals, and the biosphere. The document explains how the new Indian Companies Act requires large companies to allocate 2% of profits to CSR initiatives in education, healthcare, sanitation, and the environment. Finally, it discusses benefits of CSR to society, employees, and corporations, but also notes CSR could potentially be misused.
What is CSR, History and Phases of CSR, Constituents of CSR, CSR Development in India, CSR Law - Sec 135, Why CSR, Benefits of CSR, CSR Life Cycle, CSR Process, CSR Initiative.
Tata Motors undertakes various CSR projects in the areas of health, education, employability, environment, and drinking water. In the past year, these projects have positively impacted over 200,000 people. The company implements projects directly and through partnerships with non-profits. Key initiatives include health camps, education programs in municipal schools, skill development programs, solar lamps for students, forest conservation efforts, and drinking water infrastructure projects.
The document discusses various corporate social responsibility (CSR) initiatives undertaken by different companies in India. It describes projects related to environmental protection, healthcare, education, empowering marginalized communities, and more. The document emphasizes that CSR goes beyond statutory compliance and that companies have a responsibility toward customers, employees, shareholders, and society. It provides many examples of partnerships between companies and non-profits to work on social and environmental issues.
THE COMPANY I ADMIRE THE MOST FOR ITS CORPORATE SOCIAL RESPONSIBILITYSwarupa Rani Sahu
Titan Industries is recognized as a leader in corporate social responsibility in India. It has implemented numerous CSR initiatives that benefit employees, local communities, and the environment. Some of its key CSR programs include employing physically disabled individuals, empowering rural women through business opportunities, operating a primary school for local children, and reducing the environmental impact of its operations. Titan's commitment to CSR is embedded in its core values and guiding principles.
Corporate social responsibility (ITC limited)ArnabAcharjee3
ITC has engaged in corporate social responsibility programs for over 100 years focused on creating value for Indian society. Their CSR programs focus on health, education, livelihoods, the environment, heritage and disaster relief. In the last year they spent over 35% of CSR funds on health and sanitation, 15% on education and vocational training, and 10% on environmental sustainability programs. Key initiatives include the ITC e-Choupal ecosystem which empowers 4 million farmers with information, and their watershed development program which benefits over 3 million people. The presentation recommends ITC increase customer awareness of CSR activities and preservation of heritage, art and culture.
Dabur India Limited has over 100 years of experience in the FMCG sector. It has a portfolio of 381 products across 21 categories. Through its CSR arm SUNDESH, established in 1993, Dabur focuses on health, education, eradicating poverty and hunger, and environmental sustainability. Key programs include health services, literacy programs, vocational skills training, and awareness campaigns in rural areas on health, sanitation, and disease prevention.
Corporate social respponsibilty by max india foundationAvinash Chavan
The document defines CSR as a company's responsibility toward the community and environment where it operates. It expresses this through pollution reduction, contributing to social programs, and adequate returns. Benefits include increased employee and customer loyalty, reputation, and productivity. The impact on business includes shareholder value, efficiency, brand value, risk management, and a license to operate. There are two types of CSR - ethical which avoids harm, and strategic which benefits both society and the company. CSR concerns tangible actions while business ethics focuses on values. The case study outlines the work of Max India Foundation which focuses on healthcare, awareness, and sustainability through various initiatives and camps over six years.
Meaning & definition of CSR
History & evolution of CSR
Motives of CSR
Benefits and internal scope of CSR
Enterprise social responsibility
Concept of sustainability & stakeholder management
CSR through triple bottom line and sustainable business
Environmental aspect of CSR
Chronological evolution of CSR in India
Syllabus as prescribed by RTM Nagpur University for the course 'CSR and Sustainability, for MBA Programme
The document discusses the conceptual framework of corporate social responsibility and business responsibility, providing an overview of international standards and norms. It examines the role of non-governmental organizations in promoting business responsibility through activities like advocacy, resource provision, and implementing programs. The document also reviews cases where non-profits pressured companies to change practices, such as Nike reforming its labor policies after criticism of working conditions in overseas factories.
Cairn India is committed to conducting its operations in a socially and environmentally responsible manner. This commitment is fundamental to the long term success and focus on creating value and making a difference where Cairn India operates through various community development initiative in Rajasthan, Gujarat, Andhra Pradesh and Sri Lanka. Corporate Social Responsibility (CSR) is therefore an integral part of Cairn India’s business strategy. Cairn India’s success is guided by the CSR vision, which is encapsulated in the 3 Rs – Respect, Relationships and Responsibility.
Corporate Social Responsibility (CSR) at Hindustan Unilever (HUL)Rohan Bharaj
This presentation showcases the CSR activities undertaken by the biggest FMCG company in India - HUL.
It also talks about how it has impacted the lives of so many people in a positive way.
The document discusses corporate social responsibility (CSR) in India. It defines CSR as a company's commitment to contribute to sustainable economic development and improve societal well-being. The Companies Act of 2013 mandates CSR for large companies in India. Eligible companies must spend 2% of their net profits on CSR activities focused on issues like poverty, education, healthcare, and the environment. Top Indian companies like Infosys and Mahindra & Mahindra undertake extensive CSR programs in areas of education, healthcare, and community development.
In India from ancient time social responsibility is known as social duty or
charity, which is changing its nature in broader aspect, known as
Corporate Social Responsibility. Corporate Social Responsibility is defining
as a concept whereby companies integrate social and environmental
concerns in their business operations and in their interaction with their
stakeholders on a voluntary basis. Now a day’s organisations have realised
that ultimate goal is not profit making besides this trust building is viable
and assert able with societal relationship. Many of the leading companies
had realised the importance of being associated with social relevant causes
as a means of promoting their brand. Though, Indian companies are
practicing the Corporate Social Responsibility for decades but still it is at
its growth. A lack of understanding, inadequately trained personnel, policy
etc further adds to the reach and effectiveness of Corporate Social
Responsibility programs. This paper tries to focuses on the present status of
Corporate Social Responsibility in India.
Keywords: Corporate Social Responsibility, Organisations, Companies Act, Charity.
Corporate social responsibility status in indiaTapasya123
In India from ancient time social responsibility is known as social duty or
charity, which is changing its nature in broader aspect, known as
Corporate Social Responsibility. Corporate Social Responsibility is defining
as a concept whereby companies integrate social and environmental
concerns in their business operations and in their interaction with their
stakeholders on a voluntary basis. Now a day’s organisations have realised
that ultimate goal is not profit making besides this trust building is viable
and assert able with societal relationship. Many of the leading companies
had realised the importance of being associated with social relevant causes
as a means of promoting their brand. Though, Indian companies are
practicing the Corporate Social Responsibility for decades but still it is at
its growth. A lack of understanding, inadequately trained personnel, policy
etc further adds to the reach and effectiveness of Corporate Social
Responsibility programs. This paper tries to focuses on the present status of
Corporate Social Responsibility in India.
From Philanthropy to Mandatory CSR: A Journey towards Mandatory Corporate So...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This document discusses various models and frameworks related to corporate social responsibility (CSR). It outlines the trusteeship and stakeholder models of CSR, as well as the ethical model. It also discusses the international framework for CSR and how businesses' activities can span globally. Finally, it introduces the 17 United Nations Sustainable Development Goals, which provide a framework for countries and companies to work towards social and environmental sustainability goals by 2030.
This document provides an overview of a case study on the corporate social responsibility (CSR) practices of Reliance Power plant in Zuarinagar, Goa. It discusses the objectives and research methodology of the study. It then defines CSR and outlines Reliance Power's CSR initiatives in areas like health, education, employment, and environmental sustainability. The CSR activities described include operating medical centers and eye camps, building schools, providing skills training to locals, ensuring access to clean water, and implementing eco-friendly practices in company townships.
Abstract: Over the last years an increasing number of companies worldwide started promoting their Corporate Social Responsibility or CSR strategies because the customers, the public and the investors expect them to act sustainable as well as responsible. In most cases CSR is a result of variety of social, environmental and economic pressures. Hence Corporate Social Responsibility has become more relevant today than ever before. This article analysis the meaning of CSR as long as it's effects in Odisha and an attempt to examine the various policies adopted by top Corporate sectors and their role to eliminate the various problem such as poverty, hunger, environmental sustainability, unemployment, gender inequality and protection of national and provincial heritage, art and culture. Under this background, this study reflects the comparative analysis of some major corporate houses like BPSL, MCL, NALCO, TATA and VEDANTA towards CSR expenditure in different districts of Odisha. Among the districts, the maximum CSR spend was in Angul followed by Jajpur and Sundergarh. This article also gives an insight of the recent policy change in respect of CSR with introduction of mandatory Provision - Section 135 on CSR in Companies Act 2013.
Keywords: Corporate Social Responsibility, Environment, Economic, Role Policy and Effect.
Title: EFFECT OF CSR IN ODISHA
Author: Dr. Sandeep Kumar Patnaik, Abhijeet Patra
ISSN 2349-7807
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Paper Publications
Corporate social responsibility (CSR) in India involves businesses integrating social and environmental concerns into their operations. The Companies Act of 2013 requires listed Indian companies to spend on CSR activities such as eradicating hunger and poverty, promoting education, and ensuring environmental sustainability. During the COVID-19 pandemic, CSR played an important role as companies supported government initiatives and undertook additional social responsibility projects. Leading Indian companies like Infosys and TATA Group have set benchmarks for CSR and are seen as good corporate citizens due to their socially responsible strategies and stakeholder relations. While CSR benefits companies' reputations, it also helps address social and environmental problems through partnerships between businesses and government.
The document provides information about corporate social responsibility (CSR) initiatives and spending among major Indian IT companies in 2015-2016. It discusses CSR requirements under Indian law for companies meeting certain criteria. It summarizes CSR activities and spending for Infosys, TCS, and Wipro for 2015-2016. Infosys spent Rs. 256 crore on CSR, TCS spent Rs. 294 crore, and Wipro spent Rs. 156 crore, with some companies having small unspent amounts that year. The document examines the CSR focus areas and initiatives of the three companies, including education, healthcare, environment, and community development.
The document discusses the concepts of corporate social responsibility and sustainable development. It provides definitions of CSR, outlines why businesses have a social responsibility, and describes models for implementing CSR. Key points include that CSR involves businesses balancing economic, legal, ethical and environmental responsibilities and pursuing policies that are desirable for society. The document also discusses laws in India mandating CSR for large companies and gives examples of CSR activities businesses undertake. It defines sustainable development and the UN's 17 sustainable development goals. The triple bottom line approach and 3 P's of CSR - profit, people, planet - are also summarized.
Corporate social responsibility (CSR) contributes to sustainable development by balancing economic, social, and environmental benefits for stakeholders. There are various approaches to CSR, including philanthropy, community involvement, and creating shared value. The Tata group in India has undertaken many CSR projects focused on socio-economic and environmental issues to improve lives in rural areas, such as supporting self-help groups, healthcare initiatives, and agricultural programs. The group also partners with the government on initiatives like mobile medical clinics that have served over 50,000 people.
The document discusses corporate social responsibility (CSR), defining it as a company's responsibility toward the community and environment where it operates. It provides examples of CSR activities like education programs, pollution reduction, and ensuring adequate returns for shareholders. The document also discusses models of CSR, benefits of CSR for companies, limitations, examples from Indian companies like Tata and Infosys, and concludes that CSR has become an important part of corporate citizenship globally.
7 corporate social responsibility perspectives and challenges in rural indiachelliah paramasivan
This document discusses corporate social responsibility (CSR) perspectives and challenges in rural India. It begins with defining CSR and noting its importance in India given that most of the population lives in rural areas. The document then reviews literature on CSR practices and initiatives in India. It outlines the objectives and methodology of the study, which examines CSR programs and their impact in rural areas by analyzing 6 companies. The results and discussion section describes the CSR policies and initiatives of these companies in areas like education, healthcare, infrastructure, and livelihood generation. It finds that while companies are actively engaging in rural CSR, there are still challenges to be addressed like lack of coordination and monitoring of projects.
This document provides an overview of corporate social responsibility (CSR). It defines CSR as how companies manage their business processes to have an overall positive impact on society. CSR involves capacity building for sustainable livelihoods through respecting cultural differences and finding business opportunities that build employee, community, and government skills. The document also discusses how leading Indian companies are involved in CSR programs focused on education, health, livelihoods, skills development, and empowering weaker sections of society. It provides Infosys as an example that has actively undertaken CSR initiatives in research, education, community services, and more.
CSR has a long history associated with it impacts on organizations behavior. CSR is originally considered an American and European concept. During the 1990s the idea of CSR became almost universally approved, also CSR was coupled with strategy literature and finally, in the 2000s.
In India as in the rest of the world there is a growing realization the capital markets and corporations are. After all, created by society and must therefore serve it, not merely profit from it. And those consumers and citizens campaigns can make all the difference.
For over 50 years, Hindalco has worked in the hinterlands of India to better the quality of life of the underprivileged sections of society. This study is undertaken to provide a systematic analysis of:
This document discusses corporate social responsibility (CSR) practices of several major Indian companies. It provides an overview of CSR, explaining that CSR involves companies taking responsibility for their actions and having a positive impact on the environment, community, and other stakeholders. The document then examines CSR initiatives at Reliance Industries, Infosys, and the Tata Group in areas like health, education, environment, and rural development. It notes that CSR has evolved from traditional philanthropy to becoming a core business strategy. The conclusion emphasizes that companies now recognize the need to give back to society in order to build healthy, sustainable businesses with engaged employees and stakeholders.
Corporate Social Responsibility (CSR) in India has evolved from ancient philosophical ideals of societal well-being to becoming mandatory for large companies under the Companies Act of 2013. Key provisions require companies meeting certain thresholds to spend 2% of profits on CSR activities focused on issues like poverty, healthcare, education, and the environment. Recent amendments have strengthened CSR guidelines by making spending mandatory, introducing penalties for non-compliance, and allowing set-off of excess spending. Education and healthcare have received nearly half of CSR expenditures so far, which have grown significantly in recent years and are expected to further support achievement of national sustainable development goals through initiatives like the new Social Stock Exchange platform.
This document outlines a research project to conduct a socio-economic impact assessment of corporate social responsibility (CSR) activities undertaken by public sector units in Uttar Pradesh, India. The project will examine the impact and effectiveness of CSR programs related to education, healthcare, poverty alleviation, and sustainable development. Key objectives are to evaluate how CSR funds are used and their benefits to society, identify areas for improvement, and provide recommendations. Primary and secondary data will be collected through surveys, interviews, and reports. The 30-month project requires a budget of Rs. 20.3 lakh and will analyze CSR activities, their outcomes, and produce a report on findings and policy inputs.
The Success of Corporate Social Responsibility Program for Steam Power Plant ...AJHSSR Journal
ABSTRACT:Community empowerment through the company's CSR program is expected to improve the
community's quality of life, so it is necessary to evaluate the empowerment program to find out whether the
program has succeeded in achieving the desired benefits. The research aims to evaluate the community
empowerment program of the Indah Jaya Tani Women's Group to find out the company's CSR contribution and
the success of the community empowerment program. The research uses qualitative research methods and
samples/informants are determined using purposive sampling techniques. The data collection methods used in
this research were interviews, observation, and documentation. The data analysis technique is carried out
interactively and consists of three activity components, namely data reduction, data presentation, and conclusion
drawing. Meanwhile, data validation used in this research is source triangulation. The research results show that
the company's CSR contribution to the Indah Jaya Women Farmers Group empowerment program is in the form
of facilities and infrastructure as well as training and mentoring. This empowerment program is by the needs of
the community in Nusa Indah Hamlet so that it can become a sustainable program. The benefits of the
empowerment program have been felt by group members both economically (profit) by providing additional
income, Socially (People) by increasing knowledge and skills, and Environmentally (Planet) by creating better
environmental quality.
KEYWORDS:CSR, Community Empowerment, Program Success, Women Farmer
Study of Corporate Social Responsibility in India and its impact on business ...Vishal Gupta
This project report explores corporate social responsibility (CSR) in India through a study of top Indian corporations. The report finds that while some corporations have structured CSR programs, many others take a more superficial approach. CSR activities commonly include partnering with NGOs, funding education and healthcare initiatives, and engaging with local communities. The government also influences CSR through new regulations requiring large companies to dedicate a percentage of profits to CSR. Overall, the study concludes that CSR benefits society through improved living conditions and entrepreneurship, benefits businesses by enhancing their reputation and opportunities in emerging markets, and benefits the government by supporting social development goals.
This document discusses corporate social responsibility (CSR), including its definition, evolution over time, drivers, and examples in India. CSR is defined as how companies manage business processes to have an overall positive social impact. It has evolved from social stewardship in the 1950s-60s to global citizenship today. Key drivers of CSR include shrinking government roles, disclosure demands, investor pressure, and competitive markets. Major Indian companies like Tata, Infosys, and Mahindra have established CSR programs in areas like community health, education, and the environment. New legislation in India will require large companies to spend at least 2% of profits on social initiatives.
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corporate social responsibility
1.
2. The European Commission defines CSR as, “The responsibility of
enterprises for their impacts on society to completely meet their social
responsibility. Enterprises should have in place a process to integrate social,
environmental, ethical human rights and consumer concerns into their business
operations and core strategy in close collaboration with their stakeholders."
3. From the Definition, it is clear that:
• The CSR approach is holistic and
integrated with the core business
strategy for addressing social and
environmental impacts of
businesses.
• CSR needs to address the well-
being of all stakeholders and not
just the company's shareholders.
• Philanthropic activities are only a
part of CSR which otherwise
constitutes a much larger set of
activities entailing strategic
business benefits.
Introduction to CSR
4. 7 Steps to Effective Corporate Social Responsibility
I. Think about your stakeholders.
2. Define your mission.
3. Find out what is important to you.
9. CSR In India
CSR in India has traditionally been seen as a philanthropic activity. And in
keeping with the Indian tradition, it was an activity that was performed but
not deliberated.
The practice of CSR in India still
remains within the
philanthropic space, but has
moved from Institutional
building(educational research
and cultural) to community
development through various
projects.
10. CSR & SUSTAINABILITY
Sustainability is defined as "development that meets the needs of
the present without compromising the ability of future
generations to meet their own needs."
It refers to the
role that
companies can
play in meeting
tile agenda or
sustainable
development
and entails a
balanced
approach to
economic
progress, social
progress and
environmental
stewardship.
11. Working Pattern of Global Organization In CSR
Globally, the notion of CSR and sustainability seems to be converging, as is evident
from the various definitions of CSR put forth by global organisations.
The genesis of this convergence can be observed from the preamble to the
recently released draft rules relating to the CSR clause within the Companies
Act, 2013 which talks about stakeholders and integrating it with the social,
environmental and economic objectives, all of which constitute the idea of a
triple bottom line approach.
12. The Trust has supported initiatives in the field or education, focusing
on children, adolescents and adults (within and outside the formal
education system).
IMPLEMENTATION OF CSR BY TATAs GROUP OF COMPANIES : EDUCATION
13. The Trust has made contributions in creating and upgrading medical infrastructure and
healthcare facilities across India, while focusing on training community health workers.
The Trust also supports research studies in alternative systems of medicine such as
Ayurveda.
IMPLEMENTATION OF CSR BY TATAs GROUP OF COMPANIES : HEALTH
20. Reliance has strategically chosen the company’s CSR initiatives
focusing on three areas:
1.Health.
IMPLEMENTATION OF CSR BY RELIANCE GROUP OF COMPANIES
2.Rural Development & Education.
21. Till March 2018, Reliance’s development initiatives have touched the
lives of 20 million people across India.
Reliance Foundation focuses on its social initiatives with a three-
pronged strategy:
•Direct engagement with the community,
•Forging partnerships and collaborations, and
•Leveraging the power of information technology.
22. 1.Rural Development
Reliance has been addressing the challenges of rural communities through its rural
transformation programme. In addition to direct engagement, Reliance supported
several organizations working in the field of rural development with an aim to benefit
the rural community.
1.1} Institution Building
The programme empowers rural communities to organize themselves into Village
Associations, Producer Companies and Women Thrift Troops.
1.2} Water Security
The programme aims to provide water security to villages for irrigation and domestic
use. Reliance works for conserving every drop of rain within the village.
1.3} Farmer Producer Companies
To help the farmers overcome the challenge, Reliance empowers them to set up Farmer
Producer Companies (FPCs).