Current status of CSR in india

SUBMITTED BY: NAVJOT KAUR REGIS:3020060024

Introduction
CSR initiatives have been launched in India since the mid-1990. Most big Indian corporations are engaged in some CSR activities.

As is the case in many countries, the private sector is generally more active in this area than the governmental/public sector.
It

is also known as corporate responsibility, corporate citizenship responsible business, sustainable responsible business , or corporate social performance

 CSR typically includes issues related to business ethics, community

investment, environment, governance, human rights, the marketplace and the workplace.
concerned about the caring the human beings and its society. plays significant roles in the success and failure of the business.

Eg: IT companies like TCS and Wipro have developed software to help teachers and children in schools across India to further the cause of education

http://www.ibef.org/india/CSR.aspx

The challenge of corporate social responsibility in India:

In India, over time, the expectations of the public has

grown enormously with demands focusing on poverty alleviation, tackling unemployment, fighting inequality or forcing companies to take affirmative action.
In India public sector companies can spend up to 5% of

their profits on CSR activities

 Forms of CSR differ according to the country or

region.
In India, CSR has evolved to encompass employees,

customers, stakeholders and notions of sustainable development or corporate citizenship.

CURRENT STATUS OF INDIAN COMPANIES

90% all major indian organization involved in CSR

intiative.(TNS and times foundation)

Private sector was more as compare to govt. India has been ranked second in global corporate

social responsibility.(TNS)
Indian firms are most transparent in terms of

governance, policies and code of conduct.

http://www.indianmba.com/Faculty_Column/FC955/fc955.html

 The Indian corporate sector spent US$ 6.31 billion on social expenditure

during 2007-08.

Bharat Petroleum and Maruti Udyog were ranked as the best companies in

India.

India was ranked fourth in the list, according to social enterprise CSR Asia's Asian Sustainability Ranking (ASR), released in October 2009.

http://www.indianmba.com/Faculty_Column/FC955/fc955.html

 Mostly CSR activities spread in 20 states and

Maharashtra gaining the most from them. About 36 per cent of the CSR activities are concentrated in the state, followed by about 12 per cent in Gujarat, 10 per cent in Delhi and 9 per cent in Tamil Nadu.(industry body)
In 2009, the government made it mandatory for all

public sector oil companies to spend 2 per cent of their net profits on corporate social responsibility.

CSR CEES
Formed in 2006 by columbia university faculity of

arts and science. Companies should participate in this and promote economic growth. Is CSR CEES good idea???????

EG: OF COMPANIES IN CSR

INFOSYS: It is a IT services company with more

than 114,000 employees and established in 1981

CSR in infosys
Participate in various CSR activites Welfare programes for children Support the activities of institutes and Non-

Government Organizations (NGOs) dedicated to healthcare and education, and campaigns for skills development and community welfare.

Infosys commits 1% of its profit to social welfare

Initiative taken by company

T A K E U P R E L I E F W O R K I N F L O O D H I T V I L L A G E O F A T H A N I

TALUK L A U N C H E S ' A L I B R A R Y F O R A S C H O O L ' I N G U L B A R G A DISTRICT G I V E S R S 3 C R O R E T O C A N C E R I N S T I T U T E F O U N D A T I O N S E N D S R E L I E F T O P O R T B L A I R D O N A T E S R S 1 C R T O I S K C O N ' S A K S H A Y A P A T R A F R E E MEAL SCHEME

TATA
JAMSEDJI TATA H E A D Q U A R T E R E D I N M U M B A I O P E R A T I O N S I N M O R E T H A N 8 5 C O U N T R I E S I N C L U D E T A T A S T E E L , C O R U S S T E E L , T A T A M O T O R S , T A T A CONSULTANCY SERVICES, TATA TECHNOLOGIES, TATA TEA, TITAN INDUSTRIES, TATA POWER, TATA COMMUNICATIONS, TATA TELESERVICES AND THE TAJ HOTELS
2 0 0 9 A N N U A L S U R V E Y B Y T H E R E P U T A T I O N I N S T I T U T E F O U N D E R

RANKED TATA GROUP AS THE 11TH MOST REPUTABLE COMPANY IN THE WORLD

CSR activites
A survey conducted by the website

www.indianngos.com revealed that Tata spent Rs. 1.5 billion on community development and social services during the fiscal 2001-02 - the highest by any corporate house in India.
placed equal importance on maximizing financial

returns as on fulfilling its social and environmental responsibilities

 encouraged employees to share their skills with

others and work with community-based organizations.

Opened hospital and rural projects in 800 villages

around Jamshedpur, spends about US$ 31.58 million as part of its annual revenue expenditure

ITC
Incorporated on August 24, 1910 under the name

Imperial Tobacco Company of India Limited.

Cigarettes & Tobacco, Hotels, Information

Technology, Packaging, Paperboards & Specialty Papers, Agri-business, Foods, Lifestyle Retailing, Education & Stationery and Personal Care .

CSR ACTIVITES
Environment: All Environment, Health and Safety

Management Systems in ITC conform to the best international standards.

Close to 100% solid waste recycling. Social: ITC's businesses generate livelihoods for over 5

million people.

 ITC's globally recognised e-Choupal initiative

is the world's largest rural digital infrastructure benefiting over 4 million farming families.
ITC's Watershed Development Initiative brings

precious water to nearly 35,000 hectares of drylands and moisture-stressed areas

 ITC's Sustainable Community Development

initiatives include women empowerment, supplementary education, integrated animal husbandry programmes

Reliance
founded by Dhirubhai H. Ambani 1932

Group's annual revenues are in excess of US$ 44

billion Started with textiles Now in polyester, fibre intermediates, plastics, petrochemicals, retail,petroleum refining and oil and gas exploration and production.

CSR initiative
Education :10 schools in India.

programme continues to support poor and brilliant

students in pursuing higher studies. RIL supplied notebooks, uniforms and bags to students. Health Care:developed Community Medical Centres (CMCs) employees organise and participate in blood donation camps

 Rural Infrastructure Development: Supporting Professional Organisations and NGOs

Acknowledging and Supporting Talent: Real Heroes'

is an initiative of CNN-IBN in partnership with RIL to honour the silent warriors of change, the ordinary people who have rendered extraordinary services for the betterment of others.

 Dhirubhai Ambani Foundation: Till date, the

schemes have benefited 7,281 students, 1,056 of whom are physically challenged.

HUL
In 1931, Unilever set up its first Indian subsidiary,

Hindustan Vanaspati Manufacturing Company.

On 17th October 2008 , HUL completed 75 years of

corporate existence in India.

CSR
Water Conservation and Harvesting

Shakti is HUL's rural initiative: It seeks to empower

underprivileged rural women by providing income-generating opportunities, health and hygiene education through the Shakti Vani programme, and creating access to relevant information through the iShakti community portal.
Special Education & Rehabilitation

Ankur: In 1993, HUL's Doom Dooma Plantation Division set up

Ankur, a centre for special education of challenged children

 Kappagam
Anbagam

Some suggestion for Indian companies

Companies should spend at least 0.2% of its sales on

CSR activities. Companies should also follow Global Reporting Initiative guidelines by publishing a separate CSR report annually.

Thank YOU