This document provides guidelines on sustainability and corporate social responsibility (CSR) for central public sector enterprises (CPSEs) in India. It discusses the concepts and philosophies around sustainability and CSR in the Indian context. The guidelines aim to eliminate ambiguity, bring process uniformity, articulate expectations, define the scope of activities, and set norms for evaluating sustainability and CSR initiatives of CPSEs. Key expectations are for CPSEs to conduct business ethically and transparently, adhere to corporate governance principles, reduce environmental impact, and ensure inclusive growth and development of society.
National Voluntary Guidelines on Social, Environmental and Economic Responsib...Dinesh Agrawal
The document provides guidelines for businesses to conduct themselves in a responsible manner. It outlines 9 principles for responsible business with core elements under each principle.
The first principle emphasizes the importance of ethics, transparency and accountability in business conduct and governance. It provides guidance on developing ethical governance structures and procedures.
The second principle focuses on businesses providing goods and services that are safe and contribute to sustainability throughout their lifecycle. It discusses considerations around product design, manufacturing, resource efficiency, and promoting sustainable consumption.
Examples are given of companies that have implemented aspects of the guidelines well, such as creating an ethics subcommittee, separating the roles of Chairman and MD, conducting stakeholder engagements, and taking a lifecycle approach to product
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.
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.
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.
Contact us for more details: +91 9818994018, 0124-2340289, http://icsm.in/
MBA in CSR at Delhi NCR (Gurgaon) will provides the opportunity for the students to develop their career by combining social issues with business perspectives. CSR is a Specialized and Emerging Area of Management both for the Corporate and Academics.
This document discusses corporate social responsibility (CSR) and the evolution of CSR practices in India, particularly for banks and other corporations. It provides details on the history and phases of CSR in India, the legal requirements for CSR under the Companies Act 2013, common CSR activities undertaken in India, and the Reserve Bank of India's guidelines on CSR for banks. The key points are that CSR has evolved from voluntary charity to an integral part of business operations, the Companies Act 2013 mandates CSR spending for large companies, and banks undertake CSR activities focused on financial inclusion, priority sector lending, and rural development.
Present Scenario of Corporate Social Responsibilities in BangladeshMasum Hussain
The purpose of business is to make money. However, the profit motive is sometimes viewed as less than virtuous because it emphasizes self-interest. Nevertheless, self-interest is not the same as selfishness, which emphasizes one's own interests at others' expense. Self interest is simply a concern for financial reward and is arguably necessary if society is to be maximally productive and efficiently allocate its resources. Business is an inseparable and embedded part of the society. In addition to its economic role in society, business also has several other roles and responsibilities towards society viz. responsible conduct of business activities while pursuing economic gains; the social and environmental responsibilities of the business towards its stakeholders; and business’s contributions that would benefit the society at large. Companies around the globe are recognizing the importance of engaging in Corporate Social Responsibility (CSR) that is crucial to their survival and growth. It is evident that when an organization integrates appropriate CSR practices in its strategy that embed the societal and environmental concerns, these practices undoubtedly bring tangible benefits to the business along with a sustainable competitive advantage.
It is mandatory for companies to conform to the legal responsibilities as they are prescribed by law. So, organizations have no alternative but to comply with the basic law of the land. On the other hand, Ethical responsibilities of corporations are taken as additional responsibilities going beyond legal compliance and profit making and include those that firms believe are the right things to do. Ethical responsibility originates from humanistic, religious and moral orientation of corporations. The voluntary responsibilities to the society refer to the discretionary nature of obligations rooted in the altruistic principles which are not required by law. The motivation for such sense of responsibilities arises from the reciprocal obligation of giving back to the society in exchange of profit and power that companies receive from society. This school of thought gave rise to CSR which is seen as continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families, local community, and society at all, including the environment. Even though Bangladesh is one of the world’s poorest countries, CSR activities in Bangladesh have risen significantly in importance. It is believed that the interest in CSR initiatives in Bangladesh has been fueled by MNCs’ global activities.
National Voluntary Guidelines on Social, Environmental and Economic Responsib...Dinesh Agrawal
The document provides guidelines for businesses to conduct themselves in a responsible manner. It outlines 9 principles for responsible business with core elements under each principle.
The first principle emphasizes the importance of ethics, transparency and accountability in business conduct and governance. It provides guidance on developing ethical governance structures and procedures.
The second principle focuses on businesses providing goods and services that are safe and contribute to sustainability throughout their lifecycle. It discusses considerations around product design, manufacturing, resource efficiency, and promoting sustainable consumption.
Examples are given of companies that have implemented aspects of the guidelines well, such as creating an ethics subcommittee, separating the roles of Chairman and MD, conducting stakeholder engagements, and taking a lifecycle approach to product
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.
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.
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.
Contact us for more details: +91 9818994018, 0124-2340289, http://icsm.in/
MBA in CSR at Delhi NCR (Gurgaon) will provides the opportunity for the students to develop their career by combining social issues with business perspectives. CSR is a Specialized and Emerging Area of Management both for the Corporate and Academics.
This document discusses corporate social responsibility (CSR) and the evolution of CSR practices in India, particularly for banks and other corporations. It provides details on the history and phases of CSR in India, the legal requirements for CSR under the Companies Act 2013, common CSR activities undertaken in India, and the Reserve Bank of India's guidelines on CSR for banks. The key points are that CSR has evolved from voluntary charity to an integral part of business operations, the Companies Act 2013 mandates CSR spending for large companies, and banks undertake CSR activities focused on financial inclusion, priority sector lending, and rural development.
Present Scenario of Corporate Social Responsibilities in BangladeshMasum Hussain
The purpose of business is to make money. However, the profit motive is sometimes viewed as less than virtuous because it emphasizes self-interest. Nevertheless, self-interest is not the same as selfishness, which emphasizes one's own interests at others' expense. Self interest is simply a concern for financial reward and is arguably necessary if society is to be maximally productive and efficiently allocate its resources. Business is an inseparable and embedded part of the society. In addition to its economic role in society, business also has several other roles and responsibilities towards society viz. responsible conduct of business activities while pursuing economic gains; the social and environmental responsibilities of the business towards its stakeholders; and business’s contributions that would benefit the society at large. Companies around the globe are recognizing the importance of engaging in Corporate Social Responsibility (CSR) that is crucial to their survival and growth. It is evident that when an organization integrates appropriate CSR practices in its strategy that embed the societal and environmental concerns, these practices undoubtedly bring tangible benefits to the business along with a sustainable competitive advantage.
It is mandatory for companies to conform to the legal responsibilities as they are prescribed by law. So, organizations have no alternative but to comply with the basic law of the land. On the other hand, Ethical responsibilities of corporations are taken as additional responsibilities going beyond legal compliance and profit making and include those that firms believe are the right things to do. Ethical responsibility originates from humanistic, religious and moral orientation of corporations. The voluntary responsibilities to the society refer to the discretionary nature of obligations rooted in the altruistic principles which are not required by law. The motivation for such sense of responsibilities arises from the reciprocal obligation of giving back to the society in exchange of profit and power that companies receive from society. This school of thought gave rise to CSR which is seen as continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families, local community, and society at all, including the environment. Even though Bangladesh is one of the world’s poorest countries, CSR activities in Bangladesh have risen significantly in importance. It is believed that the interest in CSR initiatives in Bangladesh has been fueled by MNCs’ global activities.
Dnote Xpress - Translating Vision into RealityFiinovation
Remember just 5 mega bytes of more information can change the way you think. Let this newsletter be the one to nourish your brain, and enable you to revel in the world of knowledge and ideas which are simple and consumable.
So boost and kick start the Powerhouse you call Brain..!!
Corporate Social Responsibility in the Banks of Bangladesh in Context of Prem...Aminul Islam
This internship report summarizes Md. Aminul Islam's internship at Premier Bank in Bangladesh, where he studied the bank's corporate social responsibility (CSR) activities. The report includes an executive summary, literature review on definitions of CSR, theoretical framework, methodology, analysis of Premier Bank's CSR programs in various sectors from 2010-2013, and conclusions. Key findings are that Premier Bank engages in CSR through economic, legal, ethical, and voluntary responsibilities. The bank invests in disaster relief, education, environment, health, social welfare, and sports. However, the report found no significant relationship between the bank's CSR activities and its financial or employment performance.
Bangladesh is one of the world’s poorest countries. That’s why the CSR activities is very much important of this country in different areas.
There are so many company or industries are present in the country which contributes a lot of donation in different areas and private bank is one of them and the contribution by commercial banks to CSR activities is very significant in different areas such as:
health sector,
education sector,
disaster management,
Sports,
This document discusses corporate social responsibility (CSR) initiatives of three major public sector undertakings (PSUs) in India - NTPC, IOC, and ONGC - for the year 2017-2018. It provides details on the CSR policies, focus areas, and amounts spent by each company. NTPC spent Rs. 241.54 crore on initiatives like healthcare, education, and livelihood programs. IOC's spending of Rs. 331.05 crore was allocated to areas such as water, sanitation, and skill development. ONGC exceeded its CSR budget of Rs. 4,870 million by spending Rs. 5,034 million on projects related to cleanliness, education, health, and the environment.
This brief ppt is based on the provisions of sec 135 of Indian companies act 2013 as applicable towards CSR Corporate Social Responsibility on Companies in India.
Here is the fifth edition of Dnote Express!
68 years of India's independence, let us re-align our values, build integrity and sustainability.
Subscribe your copy at - http://fiinovation.co.in/
The purpose of business is to make money. However, the profit motive is sometimes viewed as less than virtuous because it emphasizes self-interest. Nevertheless, self-interest is not the same as selfishness, which emphasizes one's own interests at others' expense. Self interest is simply a concern for financial reward and is arguably necessary if society is to be maximally productive and efficiently allocate its resources. Business is an inseparable and embedded part of the society. In addition to its economic role in society, business also has several other roles and responsibilities towards society viz. responsible conduct of business activities while pursuing economic gains; the social and environmental responsibilities of the business towards its stakeholders; and business’s contributions that would benefit the society at large. Companies around the globe are recognizing the importance of engaging in Corporate Social Responsibility (CSR) that is crucial to their survival and growth. It is evident that when an organization integrates appropriate CSR practices in its strategy that embed the societal and environmental concerns, these practices undoubtedly bring tangible benefits to the business along with a sustainable competitive advantage.
1. The document analyzes corporate social responsibility (CSR) practices in India, including an overview of CSR spending requirements and top contributing companies.
2. It provides data on CSR expenditures by sector for fiscal year 2020-2021, with the top three sectors being health and sanitation, education and livelihoods, and rural development.
3. Statistics are presented on CSR spending by government versus non-government companies, as well as the top companies, sectors, and states for CSR activities among non-government firms.
“TATA Tea - An Indian Transnational Company”: Analysis of an advertisement commercial - Influence of ambiance, frame, body language of characters, media audience response, mind set formation post commercial.
Annual C.S.R Project Completion Report 2019-20 of the various CSR Initiative conducted in Government Schools and "Community Outreach Programme" in Nelamangala Taluk, Karnataka, India for the underserved community. http://www.trinitycarefoundation.com/csr/
To manage or implement Corporate social responsibility (CSR) Programs/Projects for your company, write to us - ( support@trinitycarefoundation.org )
This document provides an overview of a social relevance project completed by Aakash Hodage for his Master's degree. The project involved volunteering at the Kalarambha Foundation in Maharashtra, India for one month. Kalarambha Foundation works on initiatives like educating underprivileged children and collecting funds for sanitary napkins. Through this project, Hodage gained experience in volunteering and witnessed the impact of Kalarambha Foundation's work in the community.
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
This document provides a summary of the December 2014 issue of the quarterly newsletter of Dr. Reddy's Foundation. It discusses the foundation's focus on education, livelihood promotion and rural development for underserved communities. The cover story focuses on corporate social responsibility and sustainability. It discusses how CSR has evolved from a minor focus to an integral part of business strategy and impact. Examples are provided of initiatives by companies like Bharat Petroleum and Maruti Suzuki to improve communities through education, healthcare, skills training and infrastructure development. The newsletter also provides success stories of individuals who obtained jobs and improved their living standards through vocational training programs supported by Dr. Reddy's Foundation.
Corporate Social Responsibility Activities of Tata GroupManjit Singh
The document discusses corporate social responsibility (CSR) activities of the Tata Group in India. It provides an overview of the history and evolution of CSR, outlines Tata Group's CSR initiatives such as education, healthcare, rural development programs, and environmental sustainability projects. The summary analyzes how Tata Group's CSR activities benefit the business through improved human resources, brand differentiation, risk management, and fulfilling their social responsibilities.
This document provides an introduction and background for a study on the corporate social responsibility (CSR) activities of ITC Limited, an Indian conglomerate, with a special focus on its E-Choupal initiative. The document outlines the research problem, objectives, and methodology for the study. It includes an index and lists of tables, graphs and images to be included. The study aims to examine how ITC's CSR activities, particularly E-Choupal, contribute to its success and serve as a model for effective CSR practices.
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.
Corporate Social Responsibility (CSR) has been a topic of attention in the recent years. The extent of CSR activities in the context of Bangladesh is not well studied. CSR activities are not just philanthropic activities of a company, it is more than that. CSR is performing responsibilities towards all concerned parties of the company including customers, employees, suppliers, environment and to the society. This study is focused on the CSR practices and CSR disclosures of Bangladeshi companies from engineering and textiles industry. The major area of research have been to sort out the trend of CSR practices and any specific trend prevailing in the selected industries. To conduct the study a CSR disclosures checklist was prepared and DSE listed companies’ annual reports from 2009 to 2014 in engineering and textiles industry were taken into consideration. The study has found that companies’ CSR disclosure rate is higher when the disclosures are mandatory while the disclosure rate in lower when companies are not bound to disclose about CSR activities. The study reveals that the overall CSR practices in Bangladesh as evidenced from engineering and textiles industry is not satisfactory.
A Report On Corporate Social Responsibility : The Tata GroupNavitha Pereira
A report highlighting the various corporate social responsibility initiatives taken by the Tata Group and their subsidiaries. Tata sustainability policy has also been mentioned.
Employee welfare refers to programs and services provided to employees by employers or organizations for their health, comfort, and improvement beyond regular wages. The objectives of employee welfare are to improve employee loyalty and morale, reduce absenteeism and turnover, and improve industrial relations. Employee welfare can be statutory, mandated by law, or voluntary and includes benefits like healthcare, housing, education, and leave travel assistance. Proper employee welfare contributes to higher productivity by improving employee commitment and satisfaction.
This document provides an overview of approaches to social accounting and social reporting practices of companies in India. It discusses 8 main approaches to social accounting, including cost-benefit analysis, socio-economic operating statement, and descriptive or narrative approaches. It also outlines social reporting practices of major Indian companies like Tata, Infosys, Mahindra & Mahindra, Reliance Industries, and Aptech. The document concludes with limitations of social reporting in India and references used.
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 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.
Dnote Xpress - Translating Vision into RealityFiinovation
Remember just 5 mega bytes of more information can change the way you think. Let this newsletter be the one to nourish your brain, and enable you to revel in the world of knowledge and ideas which are simple and consumable.
So boost and kick start the Powerhouse you call Brain..!!
Corporate Social Responsibility in the Banks of Bangladesh in Context of Prem...Aminul Islam
This internship report summarizes Md. Aminul Islam's internship at Premier Bank in Bangladesh, where he studied the bank's corporate social responsibility (CSR) activities. The report includes an executive summary, literature review on definitions of CSR, theoretical framework, methodology, analysis of Premier Bank's CSR programs in various sectors from 2010-2013, and conclusions. Key findings are that Premier Bank engages in CSR through economic, legal, ethical, and voluntary responsibilities. The bank invests in disaster relief, education, environment, health, social welfare, and sports. However, the report found no significant relationship between the bank's CSR activities and its financial or employment performance.
Bangladesh is one of the world’s poorest countries. That’s why the CSR activities is very much important of this country in different areas.
There are so many company or industries are present in the country which contributes a lot of donation in different areas and private bank is one of them and the contribution by commercial banks to CSR activities is very significant in different areas such as:
health sector,
education sector,
disaster management,
Sports,
This document discusses corporate social responsibility (CSR) initiatives of three major public sector undertakings (PSUs) in India - NTPC, IOC, and ONGC - for the year 2017-2018. It provides details on the CSR policies, focus areas, and amounts spent by each company. NTPC spent Rs. 241.54 crore on initiatives like healthcare, education, and livelihood programs. IOC's spending of Rs. 331.05 crore was allocated to areas such as water, sanitation, and skill development. ONGC exceeded its CSR budget of Rs. 4,870 million by spending Rs. 5,034 million on projects related to cleanliness, education, health, and the environment.
This brief ppt is based on the provisions of sec 135 of Indian companies act 2013 as applicable towards CSR Corporate Social Responsibility on Companies in India.
Here is the fifth edition of Dnote Express!
68 years of India's independence, let us re-align our values, build integrity and sustainability.
Subscribe your copy at - http://fiinovation.co.in/
The purpose of business is to make money. However, the profit motive is sometimes viewed as less than virtuous because it emphasizes self-interest. Nevertheless, self-interest is not the same as selfishness, which emphasizes one's own interests at others' expense. Self interest is simply a concern for financial reward and is arguably necessary if society is to be maximally productive and efficiently allocate its resources. Business is an inseparable and embedded part of the society. In addition to its economic role in society, business also has several other roles and responsibilities towards society viz. responsible conduct of business activities while pursuing economic gains; the social and environmental responsibilities of the business towards its stakeholders; and business’s contributions that would benefit the society at large. Companies around the globe are recognizing the importance of engaging in Corporate Social Responsibility (CSR) that is crucial to their survival and growth. It is evident that when an organization integrates appropriate CSR practices in its strategy that embed the societal and environmental concerns, these practices undoubtedly bring tangible benefits to the business along with a sustainable competitive advantage.
1. The document analyzes corporate social responsibility (CSR) practices in India, including an overview of CSR spending requirements and top contributing companies.
2. It provides data on CSR expenditures by sector for fiscal year 2020-2021, with the top three sectors being health and sanitation, education and livelihoods, and rural development.
3. Statistics are presented on CSR spending by government versus non-government companies, as well as the top companies, sectors, and states for CSR activities among non-government firms.
“TATA Tea - An Indian Transnational Company”: Analysis of an advertisement commercial - Influence of ambiance, frame, body language of characters, media audience response, mind set formation post commercial.
Annual C.S.R Project Completion Report 2019-20 of the various CSR Initiative conducted in Government Schools and "Community Outreach Programme" in Nelamangala Taluk, Karnataka, India for the underserved community. http://www.trinitycarefoundation.com/csr/
To manage or implement Corporate social responsibility (CSR) Programs/Projects for your company, write to us - ( support@trinitycarefoundation.org )
This document provides an overview of a social relevance project completed by Aakash Hodage for his Master's degree. The project involved volunteering at the Kalarambha Foundation in Maharashtra, India for one month. Kalarambha Foundation works on initiatives like educating underprivileged children and collecting funds for sanitary napkins. Through this project, Hodage gained experience in volunteering and witnessed the impact of Kalarambha Foundation's work in the community.
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
This document provides a summary of the December 2014 issue of the quarterly newsletter of Dr. Reddy's Foundation. It discusses the foundation's focus on education, livelihood promotion and rural development for underserved communities. The cover story focuses on corporate social responsibility and sustainability. It discusses how CSR has evolved from a minor focus to an integral part of business strategy and impact. Examples are provided of initiatives by companies like Bharat Petroleum and Maruti Suzuki to improve communities through education, healthcare, skills training and infrastructure development. The newsletter also provides success stories of individuals who obtained jobs and improved their living standards through vocational training programs supported by Dr. Reddy's Foundation.
Corporate Social Responsibility Activities of Tata GroupManjit Singh
The document discusses corporate social responsibility (CSR) activities of the Tata Group in India. It provides an overview of the history and evolution of CSR, outlines Tata Group's CSR initiatives such as education, healthcare, rural development programs, and environmental sustainability projects. The summary analyzes how Tata Group's CSR activities benefit the business through improved human resources, brand differentiation, risk management, and fulfilling their social responsibilities.
This document provides an introduction and background for a study on the corporate social responsibility (CSR) activities of ITC Limited, an Indian conglomerate, with a special focus on its E-Choupal initiative. The document outlines the research problem, objectives, and methodology for the study. It includes an index and lists of tables, graphs and images to be included. The study aims to examine how ITC's CSR activities, particularly E-Choupal, contribute to its success and serve as a model for effective CSR practices.
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.
Corporate Social Responsibility (CSR) has been a topic of attention in the recent years. The extent of CSR activities in the context of Bangladesh is not well studied. CSR activities are not just philanthropic activities of a company, it is more than that. CSR is performing responsibilities towards all concerned parties of the company including customers, employees, suppliers, environment and to the society. This study is focused on the CSR practices and CSR disclosures of Bangladeshi companies from engineering and textiles industry. The major area of research have been to sort out the trend of CSR practices and any specific trend prevailing in the selected industries. To conduct the study a CSR disclosures checklist was prepared and DSE listed companies’ annual reports from 2009 to 2014 in engineering and textiles industry were taken into consideration. The study has found that companies’ CSR disclosure rate is higher when the disclosures are mandatory while the disclosure rate in lower when companies are not bound to disclose about CSR activities. The study reveals that the overall CSR practices in Bangladesh as evidenced from engineering and textiles industry is not satisfactory.
A Report On Corporate Social Responsibility : The Tata GroupNavitha Pereira
A report highlighting the various corporate social responsibility initiatives taken by the Tata Group and their subsidiaries. Tata sustainability policy has also been mentioned.
Employee welfare refers to programs and services provided to employees by employers or organizations for their health, comfort, and improvement beyond regular wages. The objectives of employee welfare are to improve employee loyalty and morale, reduce absenteeism and turnover, and improve industrial relations. Employee welfare can be statutory, mandated by law, or voluntary and includes benefits like healthcare, housing, education, and leave travel assistance. Proper employee welfare contributes to higher productivity by improving employee commitment and satisfaction.
This document provides an overview of approaches to social accounting and social reporting practices of companies in India. It discusses 8 main approaches to social accounting, including cost-benefit analysis, socio-economic operating statement, and descriptive or narrative approaches. It also outlines social reporting practices of major Indian companies like Tata, Infosys, Mahindra & Mahindra, Reliance Industries, and Aptech. The document concludes with limitations of social reporting in India and references used.
From Philanthropy to Mandatory CSR: A Journey towards Mandatory Corporate So...inventionjournals
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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.
This document discusses corporate social responsibility (CSR) in India. It defines CSR and outlines its core elements. CSR in India has traditionally been seen as philanthropic activity. The Companies Act of 2013 introduced CSR and requires companies over a certain size to spend on CSR activities like poverty alleviation, education, health, environment and more. While many large companies in India implement CSR programs, smaller companies may struggle to meet the legal requirements. The document examines various companies' CSR programs and budgets in India.
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.
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.
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Study of CSR Initiatives of Leading Information Technology Companies of India
Sunil Sood
Journal of Corporate Social Responsibility
Page No. 2 / Vol. 5 / Issue-2
Corporate Social Responsibility (CSR) is a growing force, with companies around the world increasingly recognizing the need to invest in the
communities and institutions that make their success possible. Earlier, the
companies were focused on increasing “Profits” but the recent developments
of activism in the last few decades influenced by the increasing globalization, environmental issues, awakening of public at large with spread of information & knowledge and other such factors have changed this
perception of Corporate's role, putting it in the wider societal context of which it is a part of.
CSR in India got a fresh impetus with the passing of the Companies Act, 2013 which makes it mandatory for companies with a certain threshold of turnover
/profits, to spend 2% of their average profits on various CSR activities. While
few countries in the world have mandatory laws for CSR reporting (like in
Australia, Norway, Denmark, Holland, France, Sweden), however, India is
the first country to have made it mandatory under law, for reporting plus
spending.
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A closer look reveals that the priority sectors which have got their attention, in the
increasing order of importance are:(1) Promotion of Education (2) Eradicating
hunger, poverty & malnutrition (3) Healthcare.
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It can be understood that by spending on Education through these CSR initiatives,
the companies build a positive image as being concerned about the younger
generations and a hopeful future.
Corporate Social Responsibility and its alignment with Business needs and Soc...Rupak Ghosh
Ministry of Corporate affairs is encouraging the companies to have some CSR activities. The companies are taking some Social Welfare activities to show that they have CSR activities. However a proper CSR policy should not merely some social welfare activities but a holistic responsibility of business organization towards its shareholders, employees, consumers, related communities and environment however it’s sometime neglected. Companies may have sound HR, Marketing, Operation policies etc. but somehow they are confused regarding their CSR policies. They are sometime depending on some social welfare organizations who have very limited knowledge toward the need and responsibility of business organizations. Unoptimized CSR Activities is not creating any value addition to the company as well as to the society in true sense. A proper structure for CSR policy is required to be developed so that companies can exercise its responsibility towards 3P’s (Profit, People and planet) effectively.
This study is done by combining primary data with secondary data related to CSR Activity of some major companies, in order to move forward in designing road map for future CSR activities.
CSR Activities of Companies having manufacturing Infrastructure like SAIL, Indian Oil, Power Sectors like NTPC, Adani Power, Tata Power etc. focused on defensive CSR Activities such as, Activities related to Environment, Care and Development of local community. Companies of Service Sector like Banking Sector like SBI, IDBI, HDFC etc are not focused to any fixed area.
Despite of some limitations the study addressed a scientific approach in this aspect.
Study of Corporate Social Responsibility in India and its impact on business ...Vishal Gupta
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An insight into the corporate social responsibility in India and understanding its roots and how serious industries are towards performing their Responsibilities towards society.
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:
Corporate Social Responsibility Indian PerspectiveTICS
This document discusses the concept of corporate social responsibility (CSR) in India. It begins by defining CSR and noting that while the concept is not new to India, CSR is still in a nascent stage. It then provides examples of forerunners in CSR like the Tata Group and Birla Group, which have engaged in social initiatives for decades. The document also discusses potential benefits of CSR to businesses and notes government support for CSR activities. In conclusion, it states that CSR has evolved in India and that effective partnerships between corporations, non-profits, and the government can further social development at large scale.
This document provides an overview of corporate social responsibility (CSR) in India, including:
- CSR has traditionally been seen as philanthropic in India but is evolving to be more strategic and linked to business objectives.
- The Companies Act, 2013 introduces CSR requirements for companies and defines eligible CSR activities.
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- A robust CSR program can help companies gain a social license to operate from communities, attract and retain employees, and improve reputation and brand.
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DPE sustainability and csr guidelines 2012
1. Page 1 of 17
Guidelines on
Sustainability and CSR
for CPSEs
(Last revision: 12.07 AM, 2.Nov.2012)
Department of Public Enterprises
Ministry of Heavy Industries & Public Enterprises
Government of India
November 2012
2. Page 2 of 17
Contents
1. Concept, Philosophy & Indian Context.................................................................................... 3
2. Expectations ............................................................................................................................ 4
3. Brief history of CSR in India ..................................................................................................... 5
4. Benchmarks on Sustainability and CSR guidelines.................................................................. 6
5. Sustainability & CSR Structure within CPSEs ........................................................................... 7
6. Sustainability & CSR – Scope ................................................................................................... 8
7. Planning and Implementation............................................................................................... 10
8. Project Approach: 5 components.......................................................................................... 12
9. Documentation and Communication.................................................................................... 14
10. Funding and Expenditure ...................................................................................................... 15
11. MoU Evaluation..................................................................................................................... 16
3. Page 3 of 17
1.Concept,Philosophy& Indian Context
World has come a long way from the American Economist Milton Friedman’s famous quote “the
business of business is business” to rediscover Mahatma Gandhi’s philosophy “the capitalist should
regard himself/herself as a trustee for those, on whom he depends for generating, retaining and the
growing his/her capital.”
Scottish Economist Adam Smith has, from shareholder-point of view, argued that that “businessmen
should solely focus on the economic purpose of business”. In contrast, JRD Tata’s famous
stakeholder-orientedprovides the perfect rationale for the very existence of business - “In a free
enterprise, the community is not just another stakeholder in business, but is, in fact, the very
purpose of its existence.”
Brundtland Commission of the United Nations, in 1987, defined Sustainability as “development that
meets the needs of the present without compromising the ability of future generations to meet their
own needs”.In 1995, John Elkington coined the phrase “Triple Bottom Line” (People, Planet, Profit)
and opined that this should be the goal of sustainability.
In many developed countries, where societal developmental challenges are negligible, the concept
of ‘CSR’ has been subsumed by the concept of ‘Sustainability’ (CSR as a subset of Sustainability) and
CSR is focused more on fair and healthy business practices, environmental concerns, and taking
care of their own supply chain, which includes both external and internal stakeholders. Moreover,
the word ‘Society’ from the acronym CSR has been deliberately taken off in favor of all-inclusive
concepts of ‘CR’ (Corporate Responsibility) or ‘BR’ (Business Responsibility) or ‘ER’ (Enterprise
Responsibility), which embraces the broader responsibility of the Corporate/ Business/ Enterprise.
In India, where 72% of the populace lives in villages, the societal developmental challenges are
enormous and western world’s hidden ‘society’ pillar becomes the most crucial pillar in this part of
the world. Therefore, though ‘Sustainability’ and ‘CSR’ have overlapping connotations, they have
been deliberately juxtaposed, right from the title of this document, in order to underscore the
critical importance of ‘society’ within the ambit of ‘Sustainability’, especially in the Indian
context.While fully endorsing the broader view of Sustainability & CSR, DPE also recognizes the
need for ‘inclusive growth’ that India so badly needs and the ‘baseline’ situation in India, which is so
different from the developed world.
Theseguidelines intend to eliminate ambiguity, bring process uniformity by articulating the
expectations, mandate and scope of activities, define key variables viz. projects/project approach,
budget allocation, documentation, monitoring, impact assessment, etc.and set broad norms for
evaluation of Sustainabilityand CSR initiatives of CPSEs.
4. Page 4 of 17
2.Expectations
The all-encompassing canvass of Corporate Responsibility or Business Responsibility or Enterprise
Responsibilityincludes enterprise’s responsibility towards the entire society and environment.
etc.DPE endorses this broader view that Sustainability and CSR philosophies & guidelines, instead of
just being normative, should be a way of doing business and should be in the DNA of each business
entity and its stakeholders including the employees. However, DPE also appreciates that, in India,
the we are in the early phase towards that cherished goal and it would be crucial to appropriately
articulate the principles, set broader enabling guidelines and provide an uniform structure for CPSEs
to work efficiently and optimally to reach that goal. Business entities, ultimately, have to redefine
their business philosophies to align with ‘Socially Responsible ways of doing business’, principles of
which have already been enumerated in various guidelines viz. National Voluntary Guidelines (9 set
of guidelines), United Nation’s Global Compact (10 principles), Millennium Development Goals (8
goals), etc.
The key set of expectations, which all business entities including CPSESs need to fulfill in the long
term, are to conduct businesses in a transparent & ethical manner, to adhere to the principles of
corporate governance, to create systems to foster innovation for development of low-natural-
resource-intensive and environment friendly products, to reduce the impact of businesses on
environment/habitat, to preserve natural resources, to care for the marginalized and
underprivileged society/population, to ensure safe and healthy working environment
foremployees/workers at the work place, to respect human rights & labor laws, etc.
The key thrust areas, which would continue to remain in the forefront of all Sustainabilityand CSR
initiatives, would be ‘Inclusive Growth of society’, ‘Environmental Sustainability’, ‘Capacity building’,
‘Mainstreaming of marginalized and underprivileged population’, empowering women, etc.
5. Page 5 of 17
3.Brief history of CSR in India
In the 19th
Century, the philanthropic engagement in India was seen through temple donations and
other charity-based activities. Through the Gandhian model of trusteeship in the 20th
Century,
Indian face of CSR emerged through the social reform initiatives viz. removing untouchability,
empowering women and developing rural areas. This was followed by the ‘mixed economy’
paradigm and during the80s, traditional philanthropic engagement of businesses started to be seen
as a part of the broader sustainable business strategy. Indian business entities were engaged mainly
in education, vocational training and health related areas.
For long-established industrial houses of India, concepts of nation-building and trusteeship were
exemplified through their contribution towards society, primarily for education & healthcare
activities. In 1954, Pandit Jawaharlal Nehru described CPSEs as ‘Temples of Modern India’. The
mandate of CPSEs was to achieve the objectives of self reliance, socio-economic transformation,
infrastructure development, technology absorption, employment, etc., and through them achieve
many social objectives.
The CSR initiatives of Indian companies are largely focused on the following domains:
Community development:Most large companies either have their own foundations or
contribute to other initiatives that directly support the community upliftment, notably in
health, education, and agriculture.
Environmental management:Environmental policies and programs are now standard, and
many companies have implemented the ISO 14001 system throughout their businesses.
Workplace:Growing out of long-standing commitments to training and safety is a more
recent emphasis on knowledge and employee well-being.1
CSR has come a long way from the charity mode to contributing towards healthier communities and
the focus has gradually shifted from providing mere doles to enabling people to earn their
livelihood. The expectations of stakeholders have also grown manifold with demands to contribute
to improvement in broad social indicators and living conditions with focus on poverty alleviation,
tackling unemployment, fighting inequality or taking affirmative action.
1
‘The State of CSR in India 2004: Acknowledging Progress , Prioritizing Action’. Ritu Kumar. Background paper as
part of National Seminar on CSR by The Energy and Resources Institute (TERI), November 2004.
6. Page 6 of 17
4.Benchmarks on Sustainability and CSR guidelines
4.1. United Nation’s Global Compact (UNGC) (1999)
The UNGC is a strategic policy initiative for businesses that are committed to aligning their
operations and strategies with 10 universally accepted principles in 4 areas viz. human rights, labor,
environment and anti-corruption.
4.2. Millennium Development Goals (2000)
United Nations have set 8 ambitious goals for the year 2015, all of which could be embraced as CSR
objectives of Corporate entities. They are: Eradicate extreme poverty & hunger, Achieve Universal
primary education, Promote gender equality and empower women, Reduce child mortality,
Improve maternal health, Combat HIV/AIDS, malaria and other diseases, Ensure environmental
sustainability and develop a global partnership for development.
4.3. ISO 26000 (2010)
It is a set of guidance rather than requirements, i.e. it cannot be certified unlike other ISO
standards. It helps clarify what social responsibility is, helps businesses and organizations translate
principles into effective actions and shares best practices relating to social responsibility, globally. It
is aimed at all types of organizations regardless of their activity, size or location.
4.4. DPE Guidelines on CSR for CPSEs (2010)
Introduction of the ‘Guidelines on Corporate Social responsibility for Central Public Sector
Enterprises’ in March 2010 by the Department of Public Enterprises (DPE) is an important landmark
in the evolution of CSR in India. The Guidelines are a mandatory requirement for the Central Public
Sector Enterprises (CPSEs) in India and are aimed at bringing about a paradigm shift in not only the
way CSR is looked at but also the way CSR projects areimplemented.
4.5. National Voluntary Guidelines on Social, Environmental and Economical
Responsibilities of Business (2011)
These guidelines emphasize the need for businesses to be responsible actors in society for
sustainable growth and economic development. Instead of Corporate Social Responsibility (CSR),
the guidelines use the phrase 'Responsible Business', as it encompasses the broader objectives of
Sustainability.
4.6. Social Accountability 8000 (2008) by Social Accountability International
It is a voluntary requirement to be met by employers in the workplace, including workers’ rights,
workplace conditions, and management systems. The normative elements of this standard are
based on national law, international human rights norms and the conventions of the ILO.
4.7. Sustainability Reporting based on the GRI Reporting Framework (V3.1;
2011)
This reporting discloses outcomes and results with respect to the organization’s commitments,
strategy, and management approach in economic, environmental, and social performances.
Brief details of each of the above guidelines are given in the Annexure…..
7. Page 7 of 17
5. Sustainability & CSR Structure within CPSEs
Each CPSE shall create specific structures within the organization to formulate broader goals,
milestones, oversee and implement Sustainability and CSR initiatives.
5.1. Board Sub-Committee for Sustainability & CSR
Each CPSE shall constitute one Board-level Sub Committee for both Sustainability & CSR. In order to
synergize resources of CPSEs, it would be ideal to have one Sub Committee for both Sustainability &
CSR. This Sub-Committee will be headed by an Independent Director. In case there are no
Independent Director(s) on the Board of any CPSE, the senior-most Director will head this Sub-
Committee.
5.2. Chief Sustainability Officer (CSO) in each CPSE
Each CPSE will create a position of Chief Sustainability Officer (CSO), which will be held by a senior
official with position just below that of a Board-level position. The responsibilities of CSO may
include Sustainability, CSR and HSE.
CSO will directly report to Chairman/CMD/MD, (in line with Head of Internal Audit and Co.
Secretary), as CSO has to address various issues across different functions under various Directors. If
this is not feasible, CSO should report to Director (HR). This is because the key long term goals of
Sustainability and CSR can only be achieved through ‘change of mindset’ of all stakeholders and
developing each employee as ‘Change Agent’. Director (HR) is uniquely positioned to bring about
this change across organization through ‘awareness development’ and bringing in suitable changes
in employees’ ‘Key Result Areas’ and ‘Key Performance Indicators’. To start with, these
interventions would be essential and may be continued till Sustainability and CSR become intrinsic
to the culture of the organization.
5.3. Board level position in Sustainability & CSR in due course
For India to take a quantum leap towards Sustainability, it has to be embedded within the DNA of
every business entity and each employee in that entity. Given that today’s business decisions are
driven mostly by Board of Directors, the best way to start making ‘Sustainability and CSR’ ways of
life amongst business entities is to create a Board level position on ‘Sustainability and CSR’. This will
help drive the Sustainability/CSR culture ‘top-down’ (Board room to shop floor). Moreover,
sustainability, having implications across all functions, it will be easier for other Board members to
appreciate and allow permeation of the culture of Sustainability/CSR within respective functional
verticals with help from Sustainability/CSR team. Therefore, for Sustainability/CSR to be reality
across CPSEs, sooner rather than later, a Board level position with befitting designation [e.g.
Director (Sustainability, CSR and HSE)] would be appropriate, for which specific approval may be
obtained by competent authority.
5.4. Sustainability & CSR cadre in all CPSEs
Each CPSE will create a cadre of officials in ‘Sustainability and CSR’ and all efforts should be made to
nurture and retain these competencies. CPSEs, which do not have such competencies, to start with,
may consider taking assistance from other CPSEs. This will also help to quickly spread the culture of
Sustainability and best practices across the fraternity of CPSEs.
8. Page 8 of 17
6.Sustainability & CSR – Scope
6.1. Coverage of ‘Society’ and ‘Environment’ pillars under these guidelines
Out of 3 pillars of Sustainability (i.e. Planet, People & Profit), the Profit pillar has been the fulcrum
and defining paradigm of enterprise success, measured through the statements of accounts.
However, impact of businesses on the other 2 pillars of Sustainability (i.e. ‘People’ or ‘Society’ and
‘Planet’ or ‘Environment’) is yet to find its way into the contemporary balance sheets. This
document aims to cover the latter 2 pillars of Sustainability, i.e. ‘Society’ and ‘Environment’ in CPSEs
under these guidelines.
6.2. Development of sustainable and replicable implementation models
Since Sustainability & CSR budgets of CPSEs would be a fraction of the environment / rural
development budget of Government of India, it would be too optimistic for CPSEs to aim for macro
level improvement in social/living indicators. Instead, CPSEs, to the extent feasible, should aim to
clearly define boundaries, geographic as well as functional, for their Sustainability & CSR initiatives.
It would be ideal for CPSEs to aim for development of implementation models, which are
sustainable, replicable and can stand on their own feet with involvement from local stakeholders.
6.3. Over and above the applicable legal requirements
Projects/activities selected for Sustainability and CSR shall be over and above the applicable legal
requirements to which CPSEs have to comply. CSR activities of CPSEs should extend beyond
casual/philanthropic approach to project based accountability approach and should aim to
integrate social and business goals.
6.4. Synergy with long term business strategy
CPSEs may define their Sustainability and CSR thrust areas and ongoing schemes, as per their
vision/mission/business goals and appropriately allocate budget for various areas. The Sustainability
and CSR policy/strategies/thrust areas should preferably be articulated in such a way so as to
address the social and environment concerns and should complement and synergize with the long
term business strategy of the CPSE.Moreover, these activities need to be seen as those, which
would, in the long term, help secure a sustainable competitive advantage of the CPSE.
6.5. Environmental sustainability projects
For Sustainability, CPSEs may preferably define activities from the following list of projects:
Carbon neutrality
Water neutrality
waste neutrality
Biodiversity Conservation
Natural Resources Management
Sustainability Reporting
6.5.1. Long term environment sustainability targets and timelines
While CPSEs are free to choose any number of Sustainability projects, efforts should be made to
provide directional long term targets and timelines on the following:
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Carbon, Water and Waste foot-printing for the entire organization covering all work
centers/installations/establishments (E.g. Smaller CPSEs may be able to complete this exercise in a
year; Large multi-location CPSEs may consider smaller no. of work centers every year and plan to
cover the entire organization in about 5-6 years). This will help CPSEs to get closer towards
international practices of environmental disclosure and enhance their reputation internationally.
6.5.2. Work center-wise annual targets for reduction in carbon, water and waste foot-print.
CPSEs may choose to select smaller no. of work centers to start with, implement specific measures
to reduce footprint of carbon, water and waste and then add more number of work centers every
year so that entire organization is covered in a targeted manner.
6.6. Geographic boundaries
Whereas CPSEs are free to choose any area of their choice within India to undertake Sustainability
& CSR initiatives, it would be ideal to consider undertaking such initiatives in the vicinity of their
work stations/establishments. Wherever it is not feasible or applicable, CPSEs may choose to locate
their Sustainability and CSR projects anywhere in the country.
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7. Planning and Implementation
7.1. Sustainability and CSR Policy
Each CPSE should articulate its Sustainability & CSR policy, which should be approved by its Board. It
should include CPSE specific Sustainability & CSR strategies that mandate the design of
Sustainability & CSR Action Plan (Long-term, medium-term and short-term), with focus on project
based accountability approach.
7.2. Considerations for identification/implementation of projects
The following points should be considered for identification/implementation of Sustainability/CSR
projects:
CSR activities may be selected in such a manner so as to ensure that the benefits reach the
smallest unit i.e. village, panchayat, block or district depending upon the operations and
resource capability of a CPSE.
Investment should be project-based. Mere donations to philanthropic/ charity or other
organizations would not count as Sustainability/CSR.
For every project, the time-frame and periodic milestones should be finalized at the outset.
Sustainability/CSR activities should also involve the suppliers in order to ensure that the supply-
chain also follows the CSR principles.
Sustainability/CSR activities should generate community goodwill, create social impact, visibility
and a positive image of the CPSE.
Sustainability/CSR activities may be related to United Nations Global Compact Program.
Care may be taken to ensure that CPSEs work towards fulfillment of the National Plan goals and
objectives, as well as the Millennium Development Goals adopted by the Nation, ensure gender
sensitivity, skill enhancement, entrepreneurship development and employment generation by
co-creating value with local institutions/people.
CPSEs should redefine their business continuity plan to factor in hazards, risks and
vulnerabilities. They should also create value in innovative Sustainability/CSR investments in the
community and may focus on the areas of "Preparedness and Capacity Building" in Disaster
Management (DM). Public-Private Partnership between the Government and the CPSEs could
also be encouraged to leverage the strengths of the latter in Disaster Management. CPSEs need
to network with the Ministries in Government of India /NDMA at the National level and State
Governments / SDMAs at the State level to strengthen and formalize their role in the DM
process for ensuring preparedness of the communities towards disaster resilience.
Project Management and Monitoring skills available with the CPSEs could be shared as far as
possible, with the local administration by training and setting up required structures and
systems.
CPSEs should make efforts to dovetail/synergize their Sustainability/CSR Initiatives with those of
State Governments, District Administration, Local Administration as well as Central Government
Departments/ Agencies, etc.Every care should be taken to ensure that there is no duplication of
activities undertaken by the CPSEs with that of Central, State and Local Governments. However,
CPSEs may collaborate to make a bigger and sustainable impact.
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7.3. Other general clarifications
7.3.1. What will qualify as a Sustainability/CSR activity
For a project to qualify as a Sustainability and/or CSR activity,
It must be implemented in ‘project mode’.
It must have well defined timelines for expected outcomes.
It must have a specifically allocated annual budget.
It must have measurable and monitorable performance indicators, which have to be
clearly identified before commencement of project.
7.3.2. What will not qualify as a Sustainability/CSR activity
Any DIRECT commercial objective of CPSE.
Compliance with legal/statutory requirements.
Any activity that primarily benefits the staff of the CPSE.
Any un-coordinated voluntary effort by members of the staff of the CPSE.
Any grants/assistance to organizations/institutions.
Any donation for religious activities.
7.3.3. DPE’s sole authority to amend Sustainability/CSR guidelines
These Guidelines will supersede/override any other Guidelines/ Circulars/ instructions, etc. that
may have been issued by any Ministry/ Department on any prior date. These Guidelines may be
amended by the Department of Public Enterprises from time to time with the approval of the
competent authority.Guidelines on Sustainability/CSR for CPSEs will henceforth issue only from the
Department of Public Enterprises.
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8. Project Approach: 5 components
8.1. Project Approach
‘Project Approach’ to Sustainability and CSR initiatives will have 5 distinct components viz. Need
assessment & Baseline survey, Implementation, Monitoring, Impact Assessment and
Documentation.
8.1.1. Need Assessment and Baseline Survey
Need Assessment and Baseline Survey will be conducted in the target areas before a project gets
kick-started.
Need Assessment:Irrespective of the size of project, Need Assessment may be carried out by an in-
house committee to determine whether the intervention is required or not. It may be ascertained
through secondary data research,discussion with local stakeholders, etc.
Baseline Survey:Baseline Survey will find out the ‘as-is’ situationthrough qualitatively or
quantitative indicators. These would be the same indicators, against which ‘Impact Assessment’
would be carried out after project is implemented, showing improvement in the same indicators.
8.1.2. Project Implementation
For project implementation, involvement of the stakeholders should be ensured for long term
sustainability. Irrespective of size of project, in situations, where CPSE has the expertise in
undertaking the job by itself/through its contractors (e.g. civil, mechanical, electrical, medical,
procurement, etc.), Sustainability &CSR initiatives may be implemented by CPSEs/their contractors,
wherever feasible.
8.1.3. Monitoring
Sustainability &CSR project monitoring may be done by CPSEs themselves. However CPSEs are
encouraged to take assistance of external specialized agencies for monitoring.All records including
visit reports, progress reports, etc. should be meticulously maintained. The Boards/CSR Committee
of the Board of CPSEs should also monitor the progress of implementation of Sustainability and
CSRactivities in their meetings.
8.1.4. Impact Assessment
Impact Assessment shall be carried out after completion of the project or after completion of
specific milestones/ financial year. Depending on the size of the project, it may be carried out by a
specialized external agency, other than the one(s) involved in implementation. The agency
engaged to conduct Baseline Survey can also be engaged for Impact Assessment. The parameters
for assessing impact & gauging improvement should ideally be the same as those for baseline
survey.
8.1.5. Documentation
Details of documentation and communication are given in the next chapter.
8.2. Cases, where help of specialized external agencies have to be taken
To conduct need assessment/baseline survey, implement projects and carry out impact assessment
study, help of specialized external agencies have to be taken for all projects involving annual
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expenditure of Rs.20 lakh or more. However, CPSEs are encouraged to take help of specialized external
agencies for all projects.
8.2.1. Specialized external agencies
Specialized external agencies for Baseline Survey, implementation, Monitoring, Documentation and
Impact Assessmentwould include following type of organizations:
Voluntary Agencies (NGOs)
Institutes/ Academic Organizations
Trusts, Missions, etc.
Government, Semi-Government and autonomous Organizations
Professional Consultancy Organizations
Para-governmental, Para-private institutions
Specialized Vendors or contractors
Standing Conference of Public Enterprises (SCOPE)
Community based organizations whether formal or informal
Elected Representatives/Local bodies/Panchayats
Self-help Groups, Mahila Mandals/ Samitis and the like
While assigning CSR projects to specialized external agencies, every possible effort must be made to
verify the reliability and clean track record of such agencies. CPSEs may make efforts to prepare suitable
panels of such agencies or they may select from panels maintained by Government, Semi-Government,
Autonomous Organization, National CSR Hub, etc.
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9. Documentation and Communication
The following documentation shall be carried out for each project, cost of which would form a part
of the entire project cost, which will be construed as CSR expenditure.
9.1. Need Assessment & Baseline Survey Report
These will, inter alia, include need assessment of the target society, baseline values (quantitative or
qualitative), project timelines/duration, anticipated project cost, anticipated number of
beneficiaries (with break-up of SC, ST, OBC, Persons with disabilities, women, etc.), area of coverage
of project, photographs depicting present situation at project site, etc.
9.2. Implementation Report
It will, inter alia, include the methods used to involve stakeholders, feedback of stakeholders,
specialized agencies/contractors (if any) engaged for implementation, financial implications of the
project, hurdles faced during implementation, measures used to overcome them, etc.
9.3. Impact Assessment Report
It will, inter alia, include actual number of beneficiaries (with break-up of SC, ST, OBC, Persons with
disabilities, women, etc), no. of villages covered, area of coverage of project, details of how project
has benefitted the local community, photographs of the project (post implementation),
beneficiaries’ feedback, mileage derived, etc.
9.4. Photo album
For every project, photographic evidence of the situation before, during and after implementation
of project shall be captured and record maintained.
9.5. Film/Documentary
Small films / documentaries may be made depicting success stories/best practices for dissemination
/ popularization of such successful models across other organizations/villages, etc.
9.6. Report on information to designate Hubs
In addition to the above documentation, all project details have to be informed to designate Hubs
as per specific DPE templates.
9.7. Internal/External communication and training
CPSEs may make endeavors to communicate its CSR philosophies, policies, guidelines, activities, etc.
to all its stakeholders including employees, customers, shareholders, societies in which it operates,
etc. through use of communication channels viz. websites, Annual Reports, Sustainability Reports,
etc. Each CPSE should include a separate chapter/paragraph in the Annual Report on
implementation of Sustainability/CSR activities/projects including the facts relating to physical and
financial progress.Those involved in undertaking of CSR activities should be provided with adequate
training and re-orientation.
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10. Funding and Expenditure
10.1. Budget Allocation
10.1.1. Board Approval
Every year, Sustainability and CSR budget of each CPSE will be mandatorily created through a
BoardResolution as a percentage of net profit, as per following criteria.
10.1.2. Profitable CPSEs
Based on the net profit of CPSE in the previous year, its CSR budget will be as follows:
Size of CPSE Expenditure range in a financial yr.
(Average Net Profit in previous
year)
(% of Net Profit in previous yr.)
CSR Sustainability
% Minimum %
< Rs.100 crore 3%-5% 0.5%
Rs.100 crore to Rs.1000 crore 2%-3% Rs.3 crore 0.5%
> Rs.1000 crore 0.5%-2% Rs.20 crore 0.5%
10.1.3. Sick/loss-making CPSEs
Sick/Loss-making CPSEs are not mandated to earmark specificfunding for Sustainability/CSR
activities.They should achieve CSR objectives by integrating businessprocesses with social processes
wherever possible. They should attain Sustainability objectives through saving or conservation
activities. They may also take up initiatives, which do not involve cash outgo, e.g., by
collaborating/synergising their Sustainability/CSRactivities with those ofprofit-making CPSEs.
10.2. Non-Lapsable Budget
The Sustainability and CSR Budgets should be fixed for each financial year, which will not lapse.
CPSEs will develop mechanisms to transfer the unutilized budget to the subsequent year. Endeavor
should be made to spend the unutilized budget of any year during 2 subsequent financial years.
10.3. Minimum 80% of Annual CSR budget on project based initiatives
CPSEs should spend at least 80% of their annual Sustainability/CSR budget in project mode, i.e.
maximum 20% of their annual Sustainability/CSR budget can be spent on non-project based
activities. Contribution to Prime Minister’s/Chief Ministers’ Relief Funds and National/State-level
Disaster Management Authorities will be considered as Project Based CSR expenditure.
10.4. CSR budget for projects, where partial benefit accrues to employees
For continuing projects of CPSEs viz. Schools and hospitals, which benefit both employees and
society, CPSEs would be allowed to consider prorated expenditure (for the non-employee part)
under CSR for such projects, provided minimum 20%of the beneficiaries are non-employees.
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11. MoU Evaluation
CPSEs will be evaluated on Sustainability/CSR based on the following parameters/criteria.
11.1. 10 marks
In MoU Guidelines, 5 marks shall be earmarked for CSR activities and 5marks for Sustainability
initiativesout of the non-financial parameters.
11.2. At least 1 Project in backward districts
Planning Commission, Government of India has identified 82 backward districts across the country
(Annexure….). Each CPSE has to ensure that at least 1 Sustainability/CSR project is undertaken every
year in any of the backward districts identified by Planning Commission.
11.3. Details of 1 project to be submitted
Each CPSE will submit details of any 1 project of its choice for evaluation.
11.4. Total budget utilization
Total Sustainability/CSR budget utilization will be a parameter for evaluation.
11.5. One Board Sub-Committee for both Sustainability and CSR
Each CPSE shall constitute one Board-level Sub Committee for both Sustainability & CSR, which will
be headed by an Independent Director. In case there are no Independent Director(s) on the Board
of any CPSE, the senior-most Director will head this Sub-Committee.
11.6. Chief Sustainability Officer (CSO) in each CPSE
Each CPSE will create a position of Chief Sustainability Officer (CSO), which will be held by a senior
official with position just below that of a Board-level position. The responsibilities of CSO may
include Sustainability, CSR and HSE.
11.7. Long term environment sustainability targets and timelines
Each CPSE will develop plans for Carbon, Water and Waste foot-printing for the entire organization.
This will help CPSEs to get closer towards international practices of environmental disclosure and
enhance their reputation internationally. Each CPSE will also develop plans to reduce Carbon, Water
and Waste foot-prints of the organization. CPSEs may choose to select smaller no. of work centers
to start with, implement specific measures to reduce footprint of carbon, water and waste and then
add more number of work centers every year so that entire organization is covered in a targeted
manner.
11.8. Sustainability and CSR Policy
Each CPSE shall articulate its Sustainability & CSR policy, which should be approved by its Board.
11.9. Budget Allocationwith Board approval
Every year, Sustainability and CSR budget of each CPSE will be mandatorily created through a
BoardResolution.
11.10. Minimum 80% of Annual CSR budget on project based initiatives
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CPSEs should spend at least 80% of their annual Sustainability/CSR budget in project mode, i.e.
maximum 20% of their annual Sustainability/CSR budget can be spent on non-project based
activities.
11.11. Submission of data to National Hub
Each CPSE will submit details of all projects in prescribed formats to National Sustainability/CSR
hubs.