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The new CSR legislation under section 135 of the Companies Act 2013 requires companies of a certain size to spend 2% of their net profit [8] on activities as prescribed under schedule VII, which are primarily aimed at community development. The canvas of CSR remains narrow and de-linked from the core-business activities of a company.
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 ...
Corporate social responsibility (CSR) differs from Creating Shared Value, although they share the same ground of "doing well by doing good". [8] Mark Kramer, the co-writer of Harvard Business Review article on Creating Shared Value, [ 9 ] states in his "Creating Shared Value" blog that the major difference is CSR is about responsibility ...
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.
Some of these are mentioned in the same Directive [6] and in the Commission's Communication COM (2017) 215/1 setting out guidelines on non-financial information. [ 41 ] The key drivers for the quality of sustainability reports are the Standards of the Global Reporting Initiative (GRI), [ 44 ] because it is the most widely used benchmark by ...
Buildings that live in harmony; green building technology focuses on low consumption, high efficiency, economy, environmental protection, integration and optimization.’ [3] Leadership in Energy and Environmental Design (LEED) is a set of rating systems for the design, construction, operation, and maintenance of green buildings which was ...
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 ] :
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...