CSR
-
What are The Challenges and Resolutions in CSR Initiatives?
Corporate social responsibility (CSR) is a concept that has gained increasing popularity in recent years. It refers to the idea that businesses have a responsibility to contribute to the well-being of society and the environment, beyond simply maximizing profits for their shareholders. What are the Challenges Faced in CSR Implementation? While many companies have embraced CSR and have made significant strides in this area, there are still a number of challenges that need to be addressed. In this blog post, we will explore some of these challenges and offer some potential solutions. One of the biggest challenges businesses face when it comes to CSR is the lack of a clear…
-
Changing Role of Corporate Social Responsibility (CSR) in Society
The concept of corporate social responsibility (CSR) has evolved over the years, and its role in society has also changed. In the past, CSR was seen as a way for companies to give back to the community and improve their reputation, but today, it is viewed as a critical part of a company’s operations and a key driver of long-term success and they are taking the help of CSR software(s) to achieve the goal immaculately. To understand, analyze and monitor the CSR activities in the organization. CSR Helping in Strategic Business Planning: One way that the role of CSR has changed is that it is now seen as a strategic business…
-
What is Environmental, Social & Governance (ESG)- Brief Masterclass
Environmental, social, and governance (ESG) refer to the three key factors that investors consider when evaluating the sustainability and societal impact of an investment. ESG has become increasingly important in recent years, as investors and companies alike recognize the need to integrate sustainability into decision-making and take into account the long-term consequences of their actions. Environmental Factors: Environmental factors refer to the impact of an investment on the natural environment. This includes issues such as greenhouse gas emissions, resource use, waste generation, and ecosystem degradation. Investors may consider whether an investment is consistent with a transition to a low-carbon economy and whether it is aligned with environmental protection goals. Social…
-
Corporate Social Responsibility (CSR): Challenges and Resolutions
Corporate social responsibility (CSR) is a concept that has gained increasing popularity in recent years. It refers to the idea that businesses have a responsibility to contribute to the well-being of society and the environment, beyond simply maximizing profits for their shareholders. While many companies have embraced CSR and have made significant strides in this area, there are still a number of challenges that need to be addressed. In this article, we will explore some of these challenges and offer some potential solutions. What are the Challenges Faced in CSR Implementation? One of the biggest challenges businesses face when it comes to CSR is the lack of a clear framework…
-
How Can A CSR Software Help Corporate in Education CSR? – TechCSR
Education is one of the major sectors where many corporates are executing their CSR Programs. Since education is the backbone of our society funding the same is extremely essential to build a strong tomorrow. There are millions of children across the country who do not receive proper education due to a lack of basic education infrastructure. A huge chunk of students who enroll themselves in Government run schools does not complete their education due to a lack of infrastructure. They might have a primary school in their village but might need to travel 2 hours for receiving higher education in a different village which they cannot do due to financial…
-
Grassroots CSR Initiative for Public Health – MANSI
When businesses operate, they have an impact on their local community. Also, businesses themselves get impacted by the issues faced by the local community where they operate. One of the aspects that becomes important for corporate entities is to consider the state of local population health in the areas where they operate. Additionally, it is imperative that corporations act responsibly and are accountable for any public health issues arising from their business operations. Corporate social responsibility is constantly being redefined from what it used to be in terms of corporate responsibility to people and the planet. This redefinition is significantly also due to issues affecting public health. Hence, it is…
-
What makes CSR Unique
India is the sole country in the world where Corporate Social Responsibility or CSR is mandated by the law from as early as 2013. While few organizations had been involved in CSR from very early on, it has been only recently when most of the others have started dedicating themselves to do their bit in giving back to society. But what makes CSR unique from Social work or Philanthropy is the fact that CSR involves the monitoring of impact created. What is the difference between Philanthropy, CSR and Sustainability Suppose, Ravi lives lavishly in his three-storey apartment with electricity, running water, A.C. etc. His neighbour Raj lives in a rented room struggling to pay for monthly water…
