CSR Data
CSR Data
CSR Data
Corporate social responsibility comes in many forms. Even the smallest company
impacts social change by making a simple donation to a local food bank. Some of the
most common examples of CSR include:
India is the first country in the world to make corporate social responsibility (CSR)
mandatory, following an amendment to The Company Act, 2013 in April 2014.
Businesses can invest their profits in areas such as education, poverty, gender equality,
and hunger.
The amendment notified in the Schedule VII of the Companies Act advocates that those
companies with a net worth of US$73 million (Rs 4.96 billion) or more, or an annual
turnover of US$146 million (Rs 9.92 billion) or more, or a net profit of US$732,654 (Rs
50 million) or more during a financial year, shall earmark 2 percent of average net
profits of three years towards CSR.
CSR has been defined under the CSR rules, which includes but is not limited to:
The group also engages in healthcare projects such as facilitation of child education,
immunization and creation of awareness of AIDS. Other areas include economic
empowerment through agriculture programs, environment protection, providing sport
scholarships, and infrastructure development such as hospitals, research centers,
educational institutions, sports academy, and cultural centers.
Ultratech Cement
Ultratech Cement, India’s biggest cement company is involved in social work across
407 villages in the country aiming to create sustainability and self-reliance. Its CSR
activities focus on healthcare and family welfare programs, education, infrastructure,
environment, social welfare, and sustainable livelihood.
ITC Group
ITC Group, a conglomerate with business interests across hotels, FMCG, agriculture,
IT, and packaging sectors has been focusing on creating sustainable livelihood and
environment protection programs. The company has been able to generate sustainable
livelihood opportunities for six million people through its CSR activities. Their e-Choupal
program, which aims to connect rural farmers through the internet for procuring
agriculture products, covers 40,000 villages and over four million farmers. Its social and
farm forestry program assists farmers in converting wasteland to pulpwood plantations.
Social empowerment programs through micro-enterprises or loans have created
sustainable livelihoods for over 40,000 rural women.
Customers;
Suppliers;
Environment;
Communities; and,
Employees.
The most effective CSR plans ensure that while organizations comply with legislation,
their investments also respect the growth and development of marginalized
communities and the environment. CSR should also be sustainable – involving activities
that an organization can uphold without negatively affecting their business goals.
Listed companies in India spent US$1.23 billion (Rs 83.45 billion) in various programs
ranging from educational programs, skill development, social welfare, healthcare, and
environment conservation. The Prime Minister’s Relief Fund saw an increase of 418
percent to US$103 million (Rs 7.01 billion) in comparison to US$24.5 million (Rs 1.68
billion) in 2014-15. The education sector received the maximum funding of US$300
million (Rs 20.42 billion) followed by healthcare at US$240.88 million (Rs 16.38 billion),
while programs such as child mortality, maternal health, gender equality, and social
projects saw negligible spend.
In terms of absolute spending, Reliance Industries spent the most followed by the
government-owned National Thermal Power Corporation (NTPC) and Oil & Natural Gas
(ONGC). Projects implemented through foundations have gone up from 99 in FY 2015
to 153 in FY 2016, with an increasing number of companies setting up their own
foundations rather than working with existing non-profits to have more control over their
CSR spending.
2017 CSR spends further rose with corporate firms aligning their initiatives with new
government programs such as Swachh Bharat (Clean India) and Digital India, in
addition to education and healthcare, to foster inclusive growth.
CSR Data and Summary - Ministry Of Corporate Affairs
www.mca.gov.in/MinistryV2/csrdatasummary.html
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May 10, 2019 - CSR Data and Summary. ... CSR Expenditure of 7334 companies for the F.Y
2014-15. CSR Expenditure of 7334 companies for the F.Y ...
CSR | data.gov.in
https://data.gov.in/keywords/csr
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Districts -wise Corporate Social Responsibility (CSR) Expenditure from 2014-15 to 2016-17
(From : Ministry of Corporate Affairs) ...
csr.gov.in/
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Enactment of Companies Act, 2013 by the Ministry of Corporate Affairs, Government ...
Successful companies have a social responsibility to make the world a better place and not
just take from it. .... CSR Expenditure: An Overview .... Source of Data : Director's Report and
Forms filed on MCA Portal as on 20th October 2018.