Our News - CSR

Introduction: In the contemporary business environment, the emphasis on Environmental, Social, and Governance (ESG) goals and sustainability has transcended from being a mere trend to an imperative for organizations worldwide. This paradigm shift is not merely a reflection of changing market dynamics but a holistic acknowledgment of the interconnectedness between business success and broader societal

Introduction. The Companies Act, 2013 [“the Act”] requires companies falling within certain criterias to spend 2% of their net profits in every financial year as part of its Corporate Social Responsibility [CSR]. Over the years since the compliance with CSR provisions was made mandatory for applicable companies the corporate sector as a whole in India

In the dynamic landscape of emerging markets, startups are increasingly recognizing the intrinsic value and untapped potential embedded in Environmental, Social, and Governance (ESG) principles. Far from being viewed merely as a regulatory compliance or a philanthropic endeavour, ESG integration in startups is emerging as a strategic opportunity, a pathway to sustainable growth, and a

Introduction Companies Act, 2013 [“the Act”] mandates companies falling under a specific threshold to spend in every financial year as part of its Corporate Social Responsibility [“CSR”] obligation under certain activities which are identified under Schedule VII of the Act. Activities specified under Schedule VII of the Act are of very crucial importance and are

The Evolution of ESG: From Niche Concern to Mainstream Imperative In recent decades, a seismic shift has occurred in the business landscape—a transformation marked by the ascension of Environmental, Social, and Governance (ESG) principles from peripheral ideals to a central focus. What began as a niche concern championed by a select few ethical investors has

Introduction The 21st century has seen a growing recognition of the need to address global challenges, including poverty, inequality, climate change, and environmental degradation. In 2015, the United Nations introduced the Sustainable Development Goals (SDGs)[1], a universal call to action to end poverty, protect the planet, and ensure prosperity for all by 2030. In parallel,

In an era where businesses are no longer evaluated solely on their financial performance, the concept of Corporate Social Responsibility (CSR) has emerged as a powerful force shaping the corporate landscape. CSR has evolved from being a buzzword to becoming an integral part of a company’s identity, influencing its relationship with stakeholders, its long-term sustainability,

In the ever-evolving landscape of corporate innovation, the role of excessive corporatization in terms of development, innovation and marketing cannot be understated. While it has undoubtedly fuelled remarkable advances in technology, infrastructure, and global connectivity, it has also brought forth significant challenges and consequences. The extraction of valuable resources like cobalt in Africa often involves

Introduction: Corporate Social Responsibility (CSR) has evolved significantly since its incorporation into the Companies Act, 2013. This mandate requires eligible corporates to allocate 2% of their net profits to specific activities or recognized funds outlined in Schedule VII of the Companies Act, 2013. Traditionally, these CSR initiatives have focused on sectors like rural development, healthcare,

In today’s ever-evolving corporate landscape, the concept of Environmental, Social, and Governance (ESG) has gained significant traction. ESG criteria are increasingly influencing investment decisions, corporate policies, and even public perception. However, there’s a common misconception that ESG primarily focuses on the environment, neglecting the essential aspects of social and governance. In reality, these three pillars