India was the first country in the world to mandate corporate social responsibility (CSR), following the amendments to the Companies Act 2013 in April 2014. Companies can invest their profits in areas such as education, poverty, gender equality, and hunger. An integral part of any CSR compliance.
As the business environment becomes increasingly complex and stakeholders express their expectations, good CSR practices can only bring greater benefits.
Coordinate and collaborate with CSR activities and programs of the government, corporates, and companies for promoting inclusive growth, Addressing Hunger, child and maternal mortality, Environmental Sustainability, Gender Bias, community health, and many more. Working for the community, such as volunteering, giving blood donations, and working at a food bank or animal shelter.
Supporting issues that affect society, such as advocating political or social issues that can help others, advocating for child labour laws, purchasing fair trade products, and recycling. Social responsibility has an intrinsic caring intention. Thus, CSR is a corporate commitment to contribute to its surrounding community and society at large for mutual benefits.