CSR & ESG News

Corporate Social Responsibility (CSR) is a reality, and it makes commercial sense for corporates to invest in society. It reflects a company’s value system and a principles-based approach to doing business.   Business involvement in social welfare and development has been a tradition in India and is neither a modern concept nor a Western import into India. Even during India’s freedom struggle, businesses contributed to many social and cultural causes. Many leading business people came under the spell of Mahatma Gandhi and his theory of trusteeship of wealth. They contributed liberally to his programs to remove untouchability, women’s emancipation, and rural reconstruction. Over the years, businesses have learned to operate in ways that, at minimum, meet fundamental human rights, labor,

“In a free enterprise, the community is not just another stakeholder in business but is, in fact, the very purpose of its existence.” ‑Jamsetji Tata Tata Group is known for contributing consistently and vigorously towards CSR activities. The Tata Sustainability Group (TSG) is a part of Tata Sons and serves as the nodal resource on sustainability for the Tata group of companies.  TSG works with Tata Group companies in developing and helping formulate CSR St strategy, CSR Programme Assessment, and Volunteering Strategy TSG is driven by a mission to guide, support, and provide thought leadership to all Tata Group companies in embedding sustainability in their business strategies and demonstrating responsibility towards society and the environment. Since its formation in 2014,

ONGC, as a leading Maharatna of the nation, has set a benchmark continuously for the last two years by achieving 100% utilization of the CSR budget, which has been to over Rs 500 Crore each year. This reflects ONGC’s commitment as a responsible Corporate Citizen to giving back to society in equal measure. Preservation and protection of National Heritage, Art, and Culture: The Company may take up CSR activities aimed at the protection of national heritage, art, and culture, including restoration of buildings, sites of historical importance, and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts. Promotion of artisans, artisans, musicians, artists, etc., for the preservation of heritage, art, and culture Need for

New Delhi; December 18, 2021; UN GCNI organized a Fireside Chat titled “Corruption and Our Role: Reflections and Resolutions for the 2030 Agenda” observing the International Anti-Corruption Day (IACD) on 9th December 2021, with eminent experts from Business, Education, Gender, Sports, Health and Technology to discuss their roles in promoting anti-corruption as individuals, organizations and moreover collectively as a society. Over 400 participants registered and joined us in this discussion. This event was preceded by an awareness campaign from December 1, 2021 to December 9, 2021 titled – “Voice of Leaders on Fight against Corruption” in order to raise awareness against different forms of corruption across the sectors and encourage the leaders towards promoting integrity in business through collective action.

December 01, 2021, India: Games24x7, India’s largest online skill gaming platform, today announced that it will work towards the cause of child welfare in India. Towards this end, Games24x7 will make financial contributions and partner with some of the pre-eminent organizations working in this domain including Kailash Satyarthi Children’s Foundation (KSCF), Hemkunt Foundation, Akshaya Patra Foundation and United Way of Bengaluru. Games24x7 has announced a total donation of INR 6 crore in the current fiscal, towards causes of child welfare that will include, protecting children from trafficking, facilitating education, distribution of nutrition kits and bridging the digital divide in education & training. These initiatives will benefit 15,000 children in shaping the progressive blueprint of their future. “The scourge of COVID-19