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Headlines
Nonprofits face fierce headwinds, look to private sector to fill funding gaps | Philanthropy News Digest, 02 aug 2025
The Editor's Post: Diversity in social enterprise: do positive attitudes lead to positive action? | Pioneers Post, 01 aug 2025
Open Board Search - How a new approach to recruiting board members can transform nonprofits | Stanford Social Innovation Review, 31 jul 2025
The 6 best volunteer opportunities for making a difference | Quartz, 29 jul 2025
What Young Social Entrepreneurs Are Teaching Us About Skills, Scale, and Sustainability | UNDP, 15 jul 2025
New report reveals the highs and lows of UK charity management since 2020 | Charity Times, 13 jul 2025
Starting, Scaling and Sustaining Social Innovation | OECD, 25 jun 2025
Educating the Nonprofit Leaders of the Future | Stanford Social Innovation Review, 29 may 2025
MANAGEMENT ACCOUNTING: A CHOICE BETWEEN CHARITY IMPACT AND FINANCIAL RESILIENCE? | Charities Aid Foundation, 27 may 2025
The evolution of research on corporate social responsibility and financial performance: a bibliometric analysis | Taylor & Francis Online, 25 may 2025
August 2022
Mohammad Anas Wahaj | 27 aug 2022
According to Rajesh Verma, Secretary in the Ministry of Corporate Affairs (Govt. of India), 'Indian companies have spent more than ₹1 trillion in CSR since the framework for corporate spending on community came into force in 2014-15. Investments in ESG (Environment, Sustainability and Governance) will play a key role in not only meeting the US$ 5 trillion economy goal, but also sustainable development goals (SDG) by 2030 and achieving net zero emissions by 2070.' He suggests that for the survival and betterment of the world, and to overcome present and future challenges - like COVID-19, climate change, resource scarcity, inequality etc - needs people to be responsible, accountable and considerate towards each other. In these challenging scenarios large corporations have special role to play that they can perform through CSR and similar responsible activities. Many Indian companies are even spending more than they are required to under the CSR law. To encourage spending the law allows credit for the excess spending in a year which can be set off against future spending obligations. Green finance is a growing field. According to RBI bulletin of October 2021, global issuance of the green bong had surpassed US$ 250 billion in 2019 and among the list of emerging economies, India is secong to China in the cumulative emerging market green bond issuance. Read on...
Livemint:
India Inc spent ₹1 trillion on CSR over seven years
Author:
Gireesh Chandra Prasad
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