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[15] [16] [17] In this context, the need for sustainability reporting has gradually emerged. It was carried out by companies initially on a voluntary basis, with the aim of mitigating some of the skepticism of users of financial reports and restoring the trust of stakeholders by expressing a willingness to behave responsibly. [18] [17]
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 ...
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]
Whether it is an extended "new form of CSR" or "shared value", CSV is fundamentally different from the CSR activities of the past. [ 11 ] In a 2013 video for the Huffington Post World Economic Forum, Porter said shared value is a logical progression from CSR because incomes are raised for everyone, not through charity and by being a "good ...
The Kawasaki Heavy Industries & CSR Qingdao Sifang C151A is the fourth generation electric multiple unit rolling stock in operation on the existing North–South (NSL) and East–West (EWL) lines of Singapore's Mass Rapid Transit (MRT) system, manufactured by Kawasaki Heavy Industries (KHI) and CRRC Qingdao Sifang under Contract 151A. Their ...
Oceania generates the second most e-waste, 16.1 kg, while having the third lowest recycling rate of 8.8%. [26] Out of Oceania, only Australia has a policy in policy to manage e-waste, that being the Policy Stewardship Act published in 2011 that aimed to manage the impact of products, mainly those in reference to the disposal of products and ...
CSR was compensated £4,424 by the government for the loss of these labourers. [11] CSR also experimented with cheap Chinese, Javanese, Singhalese and Japanese coolie labour on their plantations. [6] By the 1890s, Knox decided to abandon the plantation system in Queensland and return to the central mill method used in its New South Wales ...
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.