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Headlines
The dark side of 'giving': Understanding the rising 'charity scam' industry in India | The Indian Express, 17 may 2025
Volunteer is a real class act | China Daily, 17 may 2025
Why some tycoons are speeding up their charity | The Economist, 15 may 2025
Charitable giving: How families can build a philanthropic legacy | RBC Wealth Management, 15 may 2025
Corporate Social Responsibility Causing Tension | The NonProfit Times, 15 may 2025
Accelerating Impact Through Social Enterprise partnerships | Deloitte, 10 may 2025
US Nonprofit Sector Documents Its Own Powerlessness, but What Will We Do? | Nonprofit Quarterly, 06 may 2025
The Future is Collective: Advancing Collective Social Innovation to Address Society’s Biggest Challenges 2025 | World Economic Forum, 25 mar 2025
What Is Purpose-Driven Entrepreneurship: Social Entrepreneurship | Forbes, 19 mar 2025
A New Framework for Governance Duties: Loving Accountability and Abundant Resourcing | Nonprofit Quarterly, 11 feb 2025
May 2019
Mohammad Anas Wahaj | 22 may 2019
India's CSR legislation is a step in the right direction and is globally praised. Recently, 47 participants from 33 global multinational companies that are associated with WBCSD (World Business Council for Sustainable Development) visited India to learn about sustainable businesses. WBCSD Leadership Program is a year-long series of engagements and learning exercises in partnership with Yale University. Rodney Irwin, Managing Director of WBCSD's Redefining Value and Education program, says, 'The legislation asking large companies to spend 2% of their profit on corporate social responsibility (CSR) is appreciable, but large companies should not stop there. These large firms should look at making their businesses sustainable by integrating the concept of environmental, social and governance advantages into the core business.' He advocated the need for integrating sustainable approach to doing businesses along with maintaining profitability. He adds, 'In long-run, profitability can be greater if you embrace opportunities that accompany sustainable approach.' Since a number of large Indian companies are family-owned, he says, 'The companies that have family connections tend to not just make the businesses successful but they want to make sure that the business can be passed on to the next generation. They have a long-term vision.' Read on...
IndiaCSR:
Large companies should look beyond CSR mandate at sustainable ways: Rodney Irwin
Author:
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