SUBMITTED BY:NAVJOT KAUR

REGIS:3020060024

Current status of CSR in india

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

TAKE UP RELIEF WORK IN FLOODHIT VILLAGE OF ATHANI TALUK

LAUNCHES 'A LIBRARY FOR A SCHOOL' IN GULBARGA DISTRICT

GIVES RS 3 CRORE TO CANCER INSTITUTEFOUNDATION SENDS RELIEF TO PORT BLAIR

DONATES RS 1 CR TO ISKCON'S AKSHAYA PATRA FREE MEAL SCHEME

Initiative taken by company

FOUNDER JAMSEDJI TATAHEADQUARTERED IN MUMBAI

OPERATIONS IN MORE THAN 85 COUNTRIESINCLUDE TATA STEEL, CORUS STEEL, TATA MOTORS, TATA CONSULTANCY SERVICES, TATA TECHNOLOGIES,

TATA TEA, TITAN INDUSTRIES, TATA POWER, TATA COMMUNICATIONS, TATA TELESERVICES AND THE

TAJ HOTELS

2009 ANNUAL SURVEY BY THE REPUTATION INSTITUTE RANKED TATA GROUP AS THE 11TH MOST REPUTABLE

COMPANY IN THE WORLD

TATA

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 1932Group's annual revenues are in excess of US$

44 billionStarted 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

 KappagamAnbagam

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