Oct 27, 2015

Government companies more aligned with responsible business practices: Study

Source : Economic Times

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NEW DELHI: Public sector companies are showing "stronger policy alignment" with responsible business practices compared to their private sector counterparts, says a study. 

The findings are based on an analysis top 100 companies listed on the BSE that focused on five aspects, including non-discrimination at the workplace. 

As per the index released by India Responsible Business Forum ( IRBF) here today, public sector undertakings are showing stronger policy alignment with NVGs than the private sector companies. 

The index was developed by non-profit group Oxfam India along with Corporate Responsibility Watch, Praxis and Partners in Change. 

The National Voluntary Guidelines for Social, Environmental and Economic Responsibilities of Business (NVGs) was introduced by the government in 2011. It was developed by Corporate Affairs Ministry along with civil society organisations. 

Source: Economic Times

 

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Government companies more aligned with responsible business practices: Study

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