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  • Rpsdqlhv&Rusrudwh6Rfldo5Hvsrqvlelolw/3Rolf/ 5xohv

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    vinay
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    Corporate social responsibility (CSR) refers to companies' initiatives to assess and take responsibility for their impact on environmental and social well-being. In India, the Companies Act requires qualifying companies to spend at least 2% of their average net profits over the past three years on CSR activities. These activities can include efforts like eradicating hunger, promoting education, healthcare initiatives, and ensuring environmental sustainability. While many companies face challenges implementing effective CSR strategies due to lack of clarity on regulations and implementation partners, the document recommends solutions like the government enabling public-private partnerships, companies adopting business approaches to CSR, and exploring collaborations between companies.

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    CSR

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    Csr

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    Corporate social responsibility (CSR) refers to companies' initiatives to assess and take responsibility for their impact on environmental and social well-being. In India, the Companies Act requires qualifying companies to spend at least 2% of their average net profits over the past three years on CSR activities. These activities can include efforts like eradicating hunger, promoting education, healthcare initiatives, and ensuring environmental sustainability. While many companies face challenges implementing effective CSR strategies due to lack of clarity on regulations and implementation partners, the document recommends solutions like the government enabling public-private partnerships, companies adopting business approaches to CSR, and exploring collaborations between companies.

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    © All Rights Reserved
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    16 views3 pages

    Rpsdqlhv&Rusrudwh6Rfldo5Hvsrqvlelolw/3Rolf/ 5xohv

    Uploaded by

    vinay
    Corporate social responsibility (CSR) refers to companies' initiatives to assess and take responsibility for their impact on environmental and social well-being. In India, the Companies Act requires qualifying companies to spend at least 2% of their average net profits over the past three years on CSR activities. These activities can include efforts like eradicating hunger, promoting education, healthcare initiatives, and ensuring environmental sustainability. While many companies face challenges implementing effective CSR strategies due to lack of clarity on regulations and implementation partners, the document recommends solutions like the government enabling public-private partnerships, companies adopting business approaches to CSR, and exploring collaborations between companies.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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