Identify the impact

India Inc. is crucial to meeting the Sustainable Development Goals announced by the United Nations but are we going in the right direction?On 25 September, 193 world leaders met in New York at the UN General Assembly to formally adopt the Sustainable Development Goals (SDGs), setting the stage to...

Profit with social benefits

The next transformation of businesses will lie in creating economic value that creates value for society by addressing its needs and challengesThere has been a marked shift in the way people view businesses after the 2008 global financial crisis. Businesses are beginning to be thought of as...

Policy focus is on women

The Companies Act and business responsibility reporting (BRR) have together pushed companies to increase their disclosure standards when it comes to having policies for a non-discriminatory workplace. While having more women has resonated with companies at a policy level, hiring people from the...

Company policies focus more on health and safety of employees

IRBF Index 2015 shows that of the top 99 companies, 82 recognise employees’ need for healthy and safe working conditionsMumbai: When employees turn against their company, consequences could be grim. The importance of maintaining healthy relations with employees and ensuring their well-being came to...

India Inc’s policies for supply chain not robust

With most firms ignoring chinks in the supply chain, issues such as employee strife over wages or unsafe work conditions can derail operationsIn 2013, the eight-storeyed Rana Plaza in Dhaka, Bangladesh, collapsed, killing over 1,100 garment workers. Major global apparel makers such as GAP Inc., Wal...

Stakeholders vs shareholders

As the world grows smaller and resources grow scarcer, businesses are being pushed to look at the larger pictureThe implementation of the corporate social responsibility (CSR) rules, 2014, stressed the need for businesses to work for local communities. However, much before the CSR rules, firms had...

The power of inclusion

Firms need to take a more active role and be responsible about environment, communities and the ethics they use in their policies and practicesIn the past 10 months or so, one of the top priorities for India has been to figure out ways to make it easy for people and firms who want to do business in...

Social responsibility of companies should not stop at 2%

SharelinesShould top companies stop their social responsibility at 2% compliance? What do you think? Read more. http://bit.ly/1L6dzGN Consumer are getting more aware and want companies to perform ethically. Want to know more? http://bit.ly/1L6dzGN A recent news article stated that the top 75%...

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