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THE CSR BY STATES IN INDIA IS REDEFINING PHILANTHROPY

The states in India have always welcomed corporate support in promoting the social sector. It helps the state governments where there are limited financial and human resources. However, the support it brings to the end beneficiary is critical and has transformed their lives in many states. CSR Times is presenting a few critical data from the above Survey report as an Infographic CSR is generally understood as the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”) while at the same time addressing the expectations of shareholders and stakeholders. CSR is no longer seen as corporate social assistance or philanthropy but as essential to a good business strategy, helping reduce investment risks and

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Corporate Social Responsibility initiatives

STATES IN INDIA AND CSR STORIES

CSR in each state has a unique story to tell. The efforts that the state government has taken, the support and contributions made by the stakeholders is an interesting narration. Some have done very well, some have potential, and others are learning. – M. Rajendran Corporate Social Responsibility (CSR) in India has traditionally been a philanthropic activity; it was an activity that was performed but not deliberated. CSR in India remains within the philanthropic space, but it has moved from institutional building (educational, research, and cultural) to community development through various projects. Enactment of the Companies Act, 2013 by the Ministry of Corporate Affairs, Government of India was one of the world’s largest experiments in introducing CSR as a mandatory

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transformative CSR impact

The Transformative Impact of Corporate Social Responsibility: Beyond Goodwill to Strategic change

Mr. Vaibhav Wankhade Entrepreneur and Philanthropist, MD Renucorp IntroductionCorporate Social Responsibility (CSR) has evolved from a mere buzzword into a crucial aspect of business strategy for many organizations. In recent years, CSR initiatives have surged in popularity, not only due to their alignment with ethical values but also because they have demonstrated their effectiveness in bringing about positive and meaningful change. This article explores how CSR initiatives, extending beyond corporate goodwill, create meaningful impacts on both society and the environment. Defining Corporate Social ResponsibilityCSR involves ethical and strategic approaches that organizations adopt to positively contribute to society and the environment while achieving their business goals. These initiatives span charitable donations, sustainable business practices, ethical labor practices, community engagement, and environmental

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social entrepreneurship impact

The impactful world of Social Entrepreneurship: Creating sustainable change

Mr. Agnelorajesh Athaide Chairman of Global St. Angelo’s Group of Companies IntroductionA social entrepreneur possesses the unique ability to integrate noble principles into their business, aiming to make a positive impact on society. Unlike traditional entrepreneurs, who primarily seek profit, social entrepreneurs prioritize making a meaningful difference. The historical example of Florence Nightingale, who founded the first nursing school in 1860, highlights this transformative approach, positioning her as a pioneer in nursing and a true social entrepreneur. Distinguishing CharacteristicsSuccessful social entrepreneurs distinguish themselves through a commitment to ethical practices, such as impact investing, conscious consumerism, and Corporate Social Responsibility (CSR). Their numbers are on the rise, contributing significantly to both social and economic development. Positive Impacts of Social EntrepreneurshipAddressing Youth

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CSR for vulnerable communities

Collecting Stories through Deep Listening: Solutions for creating Safe and Healthy spaces for vulnerable women and children in India

Ms. Sandhya Naidu Janardhan Founder and Managing Director of Community Design Agency Parveen Shaikh, who is a social worker and community leader was born and raised on a footpath in Sewri in Mumbai. And in 2007, her family which included her husband and two little boys was allocated a home by the city in a residential complex called Natwar Parekh Colony. Even to this day, her face lights up when she talks about the first time she set foot in her new apartment, and how she immediately went to look for the toilet. She was finally relieved of not having to worry about going by the railway tracks which was very unsafe. More importantly she was happy that she could

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CSR thought leadership India

Thought Leader Speak …

Ms. Shaina Ganapathy Head of Community Outreach, Embassy Group “One of the consequences of the pandemic was that educational institutions all around the globe had to hasten towards providing digital education. This came with many challenges, including accessibility for students, efficient content, teaching and learning resources, and more. In pursuance of this, our long-standing education partners worked extremely hard to create SPUTNIK, an online digital learning platform that has inbuilt lessons and assignments in math, English, and science that students can participate in from their homes. Through SPUTNIK, teachers could check students’ work regularly, keep a record of each child’s progress, and most importantly, keep in touch with the students during lockdowns to ensure that their academic progress did not

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sustainable business practices India

Building Sustainable Organizations: Balancing Profitability and Environmental Responsibility

Dr. K K Upadhyay Professor and Chairperson Centre for Sustainability & CSR,  Birla Institute of Management Technology (BIMTECH) Sudden weather changes, pollution around, floods, disasters—what’s happening to my world? It was better when I started. I understand everyone is created equal, which is undermined by the reality of growing inequalities, with the gap between rich and poor becoming larger and more intolerable.  I desire to do better—to preserve and accentuate all the wonderful features of life on Earth and make those features available to all, now and in the future, while minimizing any damage to our society and the natural world. That desire has a name: sustainability. And it was realized long back in “OUR COMMON FUTURE” in the Brundtland

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I/we Wish To...

Sustainability breeds its constant ongoing need for regularity, credibility, and a strong, collaborative ecosystem. Since 2014, CSR Times has been at the forefront in curating powerful stories, spotlighting transformative initiatives, and amplifying the voices of diverse organizations and individuals who are shaping India’s responsible growth narrative. Through its magazines and flagship events, CSR Times has built a trusted platform that bridges corporate vision with grassroots impact. And now the CSR TIMES Newsletter emerges as a timely and purposeful initiative designed to inform, inspire, and connect stakeholders across the corporate social responsibility ecosystem, designed to meet a different and more immediate need. 

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