CSR & ESG News

The World Bank Group is committed to ending extreme poverty and sustainably boosting shared prosperity. The World Bank manages its internal business operations’ environmental, social, and economic impacts by striving for net positive impacts on the ecosystems, communities, and economies where we have offices. The World Bank’s annual Global Reporting Initiative (GRI) Index and biennial Sustainability Review present details on the sustainability considerations of our operations and corporate practices. Sustainability Impacts The Corporate Responsibility Strategic Plan focuses on the World Bank’s efforts to review mandates and progress on Corporate Responsibility at the World Bank, evaluate the current Corporate Responsibility landscape and trends, engage stakeholders for input on Corporate Responsibility issues, identify implementation priorities; and establish a rolling three-year implementation plan for

UN Global Compact and PHD Chamber of Commerce and Industry set the Stage For Sustainable Innovation Global Summit “ESG Advancement: Innovations Driving Sustainability” brought together the stakeholders to deliberate on this crucial subject. UN Global Compact Network India (UN GCNI) and the PHD Chamber of Commerce and Industry (PHDCCI) hosted a Global Summit at PHD House, New Delhi.   “The world is changing, and ESG is becoming an integral part of businesses,” said Dr Jatinder Singh, Assistant Secretary General, PHDCCI. Mr. Ratnesh, Executive Director, UNGCNI, said adopting Sustainable Development Goals in 2015 is a monumental step towards a unified and sustainable future.   Ms. Cristina Ritter, Head of Anti-Corruption and Governance, UN Global Compact, New York, highlighted the importance of SDG

Progress in life draws from examples and could we cite a better one than the recent historic feat of Chandrayaan – 3? In my reckoning there is a striking similarity between its’ execution and success in the realm of CSR. Professionals in the dynamic and ever evolving field of CSR, continually seek inspiration and guidance to navigate the complexities of this challenging terrain. The pieces that go into creating a vibrant CSR image constitute pieces of strategy, adaptability, trust building, crisis management, leaderships, ethics, and consistency amongst others. Chandrayaan 3- India’s landmark milestone with a giant imprint in the world of lunar space, has etched excellent strategy and execution in large and bold letters. This indeed is an opportune moment

After 1947, a newly independent India began to reconstruct itself. During this time a young and dynamic researcher, Dr.Vikram Ambalal Sarabhai , envisioned the Indian space programme and focused mainly on the use of space technology for the benefit of the common man. The Indian space journey, in a true sense, is set to have begun on 21st November 1963 when the first sounding rocket, Nike Apache, was launched from Thumba Equatorial Rocket launching station (TERLS) in the Southern Indian state of Kerala. Dr. Vikram Sarabhai’s dream project, the Satellite Instructional Television Experiment (SITE), began in August 1975 and lasted one year. As a result, people in 2400 villages across six states in rural India now have access to television.

An advanced mobile community clinic “Wellness on Wheels’’ recently witnessed a joint inauguration by Ma r t i n Lundstedt, President & CEO, Volvo AB and Dr. Devi Shetty, Chairman Narayana Health. This was recently built by the Volvo Group in partnership with Narayana Health. The President and MD Volvo Group India, Mr. Kamal Bali accompanied by a team of doctors from Narayan Health and Group officials of Volvo Bengaluru, were also present at this inauguration. This CSR initiative provides medical services including free screening in the rural parts of Karnataka, and other states in the country as well.

Following the French Solidarity Oxygen mission carried out by Team France in 2021, 60+ French companies are committed to boost their CSR activities in India.   The Indo-French Chamber of Commerce and Industry (IFCCI) launched its CSR Initiative at the fourth edition of the IFCCI CSR Conclave and Awards in the presence of H.E. Mr. Emmanuel Lenain, Ambassador of France to India and Mr. P.K. Sinha, IAS (Retd.), Former Cabinet Secretary to the Government of India and Member Advisory Board, European Business Technology Centre (EBTC) & CSR heads, policymakers, decision-makers, business leaders, CSR foundations and non-profit organizations. The event was held on 23rd November 2022 at the Hyatt Regency, New Delhi, and witnessed a gathering of over 100+ business leaders