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[7] [8] Commercial frameworks have been developed for sustainability reporting and are issuing standards or similar initiatives to guide companies in this exercise. There is a wide range of terminology used to qualify this same concept of sustainability reporting: ESG reporting, non-financial reporting, extra-financial reporting, social ...
In 2014, India also enacted a mandatory minimum CSR spending law. Under Companies Act, 2013, any company having a net worth of 500 crore or more or a turnover of 1,000 crore or a net profit of 5 crore must spend 2% of their net profits on CSR activities. [184] The rules came into effect on 1 April 2014. [185]
The position of CSO is a strategic position that concentrates on communicating risks and opportunities related to sustainability as well as bottom line impact. [7] In struggling companies, the appointment of a CSO is shown to increase revenue growth. [8] In addition to setting sustainability strategy, the CSO monitors current initiatives. [7]
Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs are controlled by the Ministry of State Owned Enterprise while BUMDs are directly controlled by the local government.
ISO 26000 is a set of international standards for social responsibility.It was developed in November 2010 by International Organization for Standardization.The goal of these standards is to contribute to global sustainable development by encouraging business and other organizations to practice social responsibility to improve their impacts on their workers, their natural environments and their ...
I.1–2, III.4, VII.1–3 [7]: II.1, V.6, X.9 He believed that the polis is meant to be "a community of equals for the sake of a life which is potentially the best." [6]: VII.8 Some of the virtues in his scheme of virtue ethics, like magnificence and justice were inseparable from a sense of social responsibility. [7]: IV.2, V
CSR Limited is a major Australian industrial company, producing building products and having a 25% share in the Tomago aluminium smelter located near Newcastle, New South Wales. It is publicly traded on the Australian Securities Exchange .
The Caterham Seven CSR is a sports car manufactured by Caterham Cars. The CSR is the most heavily modified Caterham, though it still retains the basic look of the Super Seven . The CSR has two engine options based on the same Duratec block, though modifications and power output differ.