India’s CSR reporting survey 2019
The potential of Corporate Social Responsibility (CSR) has found greater acknowledgement by those who see social good as linked to a company’s long-term business results as well as those who see it as important in its own right aligning with business ethics and Corporate citizenship. Wealth inequality across the world, coupled with an economic slow down and the existing fractures of caste, religion, region and gender may lead to growing disparity that more thoughtful CSR could help mitigate. The UN Sustainable Development Goals 2030 have brought more avenues for private sector participation through the wide spectrum of targets and encouraging partnerships. Although India’s mandatory CSR provision has gone a step further through the recent proposed amendments around penalties, examples of innovations enabled by CSR continue to strengthen the modern corporate sustainability movement everyday.