Corporate Responsibility News | Corporate Social Responsibility Reports

11th CSR TIMES Summit & Awards held in Goa, CM Sawant calls for greater participation

August 24, 2024

11th CSR TIMES Summit & Awards held in Goa, CM Sawant calls for greater participation Panjim, August 23: The 11th Corporate Social Responsibility Summit and CSR Times Awards 2024 were held in Goa on Friday. The summit was organised by CSR TIMES- a periodical on corporate social responsibility, in association with the Goa CSR Authority. The occasion was graced by dignitaries including Hon’ble Chief Minister Dr. Pramod Sawant and Sadanand Shet Tanavade, Hon’ble Member of Rajya Sabha and Goa BJP chief, among other distinguished guests including business leaders, CSR professionals, and numerous award winners from across India. The venue of the summit bears special significance as Goa, being a small state and relatively easier to manage with regard to CSR, can well serve as a prototype for other parts of the nation to emulate. Besides, Goa is leading among the handful of states in India in its CSR functions, thus

A journey of service and achievement, Shri L.K. Advani’s Bharat Ratna Ceremony

April 2, 2024

March 31, 2024: In an influential ceremony that was held at her residence in New Delhi today, the President of India, Honorable Smt. Droupadi Murmu, conferred the prestigious Bharat Ratna upon Shri L.K. Advani, marking a significant recognition of his remarkable contributions to Indian politics and public service. The ceremonial occasion was witnessed in the presence of distinguished dignitaries, including the Vice President, Shri Jagdeep Dhankhar, Prime Minister, Shri Narendra Modi, Defence Minister, Shri Rajnath Singh, and Home Minister, Shri Amit Shah, who graced the occasion with their esteemed presence. The family members of Shri Advani were also in attendance, adding a personal touch to the grand ceremony. Shri L.K. Advani, a stalwart in Indian politics, has had a profound impact on the nation’s socio-political landscape for decades. His dedication, leadership, and unwavering commitment to the welfare of the nation have left an indelible mark on the annals of Indian

Goa CSR Authority

March 22, 2024

A Bridge Connecting Corporations, Institutions, and Society The Goa CSR Authority was formed and set up by the Government of Goa with the noble ideal of filling in the gaps in the existing system of governance. In this journey, it wanted the corporate and public sector units and society to work together to achieve the desired objectives. The Goa CSR Authority was formed as a Society to undertake and facilitate CSR activities of Companies under Rule 4(2) (b) of Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. The area of operations of the society is restricted to the State of Goa. The aims and objectives of the society includes: 1) Bringing in adequate clarity on the new CSR regime and rules.2) Creation of a CSR Fund with the contribution of various companies.3) Ensuring the contribution of various companies as per the provisions of the Companies Act 2013.4) Channelizing CSR contributions

World Bank redefines CSR through sustainability & responsibility

March 21, 2024

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 Corporate Responsibility. The priority areas have been identified by surveying international financial institutions, non-governmental organizations, the private sector, and sustainability news outlets. Internal stakeholders across the institution confirmed the analysis

ESG Advancement: Innovations Driving Sustainability

March 11, 2024

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 16 and the importance of collective action to mitigate corruption challenges across sectors. Dr. Uddesh Kohli, former senior advisor of the UN Global Compact, said the corporate sector should

UN GCNI Organized the 18th National Convention

February 23, 2024

“Advancing Sustainable India: Driving Change with Forward Faster 2030”“Bringing up and highlighting the most prudent issues of our times and developing a roadmap for approaching the midpoint of the SDGs target in the Decade of Action” UN Global Compact Network India (UN GCNI), a local arm of the United Nations Global Compact based in New York, convened its 18th National Convention in New Delhi. The convention, titled “Advancing Sustainable India: Driving Change with Forward Faster 2030,” aimed to address pressing issues and chart a course towards achieving the mid-point targets of the Sustainable Development Goals (SDGs) in the Decade of Action. With only 15% of SDGs currently on track for 2030, the event focused on key themes from the United Nations Global Compact’s Forward Faster 2030 initiative, urging businesses to take proactive steps towards effecting change and aspiring to higher ambitions. The convention’s plenary sessions highlighted corporate efforts to

Goa CSR Authority inks MoUs with Corporate and Institutions

February 3, 2024

Education, skill development, social welfare, environment, and health are the focus of the MoU. Possible tie-up with CSR Times to highlight the achievements of the Goa CSR Authority. CSR Times BureauGoa, Monday, 29th January 2024: The Goa State government has inked agreements with corporate entities and institutions to actively support and engage in initiatives across various sectors in Goa, such as education, skill development, social welfare, environment, and health. The Goa CSR Authority formalized Memorandums of Understanding (MoUs) with prominent organizations, including the National Institute of Mental Health and Neurosciences (NIMHANS), Aether Energy, Central Institute for Indian Languages (CIIL), and Entrepreneurship Development Institute of India (EDII). Chief Minister Sh Pramod Sawant emphasized the establishment of the CSR Authority to streamline and oversee Corporate Social Responsibility (CSR) projects, ensuring their effective and timely execution with the collaboration of corporate entities and institutions both within and outside Goa. He commended Goa for

The Global Eye on Climate Change at COP28

January 11, 2024

Dubai, United Arab Emirates The COP 28, or the 28th meeting of the Conference of the Parties (COP) to the UNFCCC, held from 30 November until 12 December 2023, was recently concluded in Dubai, United Arab Emirates. It would be appropriate to say that in this decisive decade of climate action, the world convened at this stage set to address the pertinent issue of climate change and deliberate on effective ways of addressing it. This annual event is cited as the world’s only multilateral decision-making forum on climate change with the membership of almost every country in the world. The hot topics of discussion on the anvil are curtailing the global temperature rise to 1.5 degrees Celsius, deliberating measures to help vulnerable communities adapt to the effects of climate change, and zeroing down on achieving net-zero emissions by 2050. A rotational schedule between the five United Nations regional groups comprising

India’s successful saga on the moon – Chandrayaan-3

October 10, 2023

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 to deliberate upon the key takeaways and management lessons from Chandrayaan 3. One has seen how experimentation is the backbone of success. When you embark on experimentation your protective gear

INDIAN NEW SPACE AT INFLECTION

October 10, 2023

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. This has shown the big picture for India’s INSAT / GSAT communication satellite programme. Today, these satellites are used for a wide range of applications such as telecommunication, banking, search