CSR News

New Delhi | 4th July, 2023 To emphasise the need for sustainability in developmental practices, UN Global Compact Network India (UN GCNI) organised the 11th Subir Raha Memorial Lecture at the SCOPE Convention Centre, Lodhi Road. The event, which is held annually to honour the legacy of UN GCNI’s Founder-President, the late Mr Subir Raha, witnessed an address on “Sustainable Energy Transition” by Padma Bhushan Dr. V.K. Saraswat, Member of NITI Aayog and Vice Chancellor of Jawaharlal Nehru University (JNU). Ms. Sunita Sule, the Vice President of UN GCNI, Western Region, India presented the opening remarks and apprised the business leaders and audiences about the committed work that UN GCNI has done towards implementing Sustainable Development Goals (SDG) successfully with an active engagement of leaders from across the sectors.   Mr Arun Kumar Singh warmly welcomed the dignitaries and participants to the 11th Subir Raha Memorial lecture. He said, “India is going

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 from top French and Indian companies. Initiated by the CSR committee of the Chamber, the Conclave showcased CSR projects of top French companies in India and recognized their efforts by presenting

Maharatna Central Public Sector Enterprise ONGC is a top energy producer in India. Its thrust has  been to produce oil and gas more environment friendly way. It is expanding its renewable portfolio with offshore wind, solar, geothermal, and hydrogen. ONGC is a global Energy company integrated across the entire energy value chain. ONGC is a Schedule ‘A’, listed Maharatna Central PSE in the Exploration & Production (E&P sector under the administrative control of the Ministry of Petroleum and Natural Gas, which holds 58.90 percent of its shareholding. As a responsible corporation, ONGC aims to Reduce net carbon emissions by 25% over the next few years. Major Initiatives in CSR One of ONGC’s CSR priorities is to address the healthcare concerns of people in the Northeast. As per directives of NitiAyog, ONGC has identified 20 Aspiration districts and is committed to raising these districts’ social and economic conditions by implementing strategic

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, environment, and anti-corruption responsibilities. Therefore, inclusive and sustainable development challenges and corporate social responsibility are closely interlinked. UN Global Compact was established in July 2000 by UN Secretary-General Kofi Annan to

“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, the Tata Sustainability Group has been partnering with Tata Companies to embed sustainability in their business strategies, thereby demonstrating responsibility to the planet and people. It has accepted and combined

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 promoting art, artisans, crafts, and craftsmen, particularly the not-so-popular ones and those likely to fade away with time. Focus on the local artisans or the people belonging to the tribal

The concern of the North East development is not a few but many. The governments have been investing resources, but more needs to be done. A huge opportunity awaits corporations to give a helping hand to government policies through CSR. Some are already doing it, but more needs to be done. Understanding the sectoral and regional variations helps companies and the government identify measures to direct the Corporate Social Responsibility (CSR) funds in the Northeast like any other part of India. The North-East part of India comprises eight states; Arunachal Pradesh, Assam, Manipur, Meghalaya, Sikkim, Nagaland, Mizoram, and Tripura.  Reports and studies have indicated the need for more equitable distribution of CSR expenditure across the regions, especially the North Eastern and the Northern Hilly States. Northeast has been a challenging environment for decades and has faced several threats of influx and insurgency turmoil. Therefore, development has comparatively been slow in