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IMPACT ASSESSMENT IN CSR
CSR norm tweak to boost social stock exchangesCompanies can now allocate up to 10% of their annual CSR spending via zero coupon zero principal instruments from not-for-profit organizati...
75 leading tech companies spearheaded over 2,610 CSR projects, investing Rs 5,443 cr: Nasscom FoundationAI, digital skilling, and sustainability are reshaping CSR, which is now a strategic imperative, and not a side activity, says Nasscom Foun...
Equitable distribution of CSR Fund is one of the key components of CSR strategies of Corporate India, says Bhaskar ChatterjeeBhaskar Chatterjee, architect of India's CSR Act, urged companies to prioritize innovation, impact assessment, and equitable CSR fund distr...
CSR activity transcends compliance boundaries, companies embrace impact investing: DeloitteIndian companies are expanding their corporate social responsibility (CSR) initiatives beyond compliance, with a focus on strategic impact ...
Indian companies show interest in impact investing but face challenges: Deloitte CSR surveyDeloitte India's CSR preparedness survey reveals that only 28% of Indian organizations feel very prepared for impact investing, despite hig...
Govt amends rules governing corporate social responsibilityUnder the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profi...
Social audit of CSR spend may become mustOfficials in the Ministry of Corporate Affairs (MCA) said the social audit will begin with public sector undertakings (PSUs) and then exten...
View: India becomes the first country to have statutorily mandated CSR for specified companiesUltimately, impact assessments also help funders, grant-givers and corporations to understand and evaluate the impact of their CSR investme...
New CSR disclosure norm a positive step; brings in transparency, says HCL Foundation chief Nidhi PundhirA detailed disclosure framework for Corporate Social Responsibility (CSR) spending by companies notified by the government is a "positive s...
MCA says don't interpret CSR spending as source of financing resource gaps in govt schemesUnder the Act, a certain class of profitable companies are required to shell out at least two per cent of their three-year annual average n...
CSR: Measuring and managing our impact on people and the planetGiving a monetary value to the impact of CSR programs can help us choose the most beneficial schemes.
The good, the bad and the ugly of the new Corporate Social Responsibility PolicyWith a Covid pandemic still upon us, is this the right time to adopt a stringent CSR policy? Of course, these amendments were in the works ...
MCA amends CSR policy to allow multi-year projects and focus on impact assessmentThe corporate affairs ministry notified changes to the corporate social responsibility (CSR) rules on Friday to allow companies to undertak...
Government won’t go ahead with new CSR rulesDecision follows suggestions by a panel which wants breaches to be treated as civil offences, backs penalties
Pay 2% of capital investment for green clearance: Environment Ministry to CorporatesThe guidelines make it mandatory for companies to set aside funds for CER over and above what is required for executing the environment man...
8% increase in corporate spending on CSRTicking the CSR box’ has come down. This is reflected in the contributions to the Prime Minister’s Relief Fund, and technology incubators h...
Govt to assess impact of CSR activities undertaken by PSUsBesides, the study will assess development of areas around CPSE projects, units, factories and other parts of the country, including the No...
Goodera bags Rs 35 crore for the Goodworks platformThe company, previously known as NextGen, plans to use the money to strengthen its product and expand in India and the US.
ONGC Rajahmundry Asset inks MoU with Tata Institute of Social Sciences for CSRThe pact was signed by A Satynarayana (officiating), Asset Manager, and B Venkatesh Kumar, Director National CSR Hub (TISS), in Godavari Bh...
Now companies to be ranked for their CSR performanceThe index, being prepared by the India Institute of Corporate Affairs and leading stock exchange BSE, would rank the companies in different...