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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 ...
[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 ...
On 1 July 2020, [21] the Ministry of State Owned Enterprises uniformized the corporate core values of all state-owned enterprises into what is called AKHLAK. The implementation of AKHLAK in all state-owned enterprises was intended "to create strong SOEs that have global competitiveness with human resources that are qualified, talented, cultured ...
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 ...
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 ] :
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 ...