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Jakarta Post : Benefiting local communities through CSR initiatives PDF Print E-mail
Wednesday, 20 May 2015 11:57

Most participating energy companies at the upcoming IPA Convex are set to display their corporate social responsibility (CSR) programs through attractively designed booths to show how communities can benefit from such programs.

Centralized in the CSR Zone, exhibitors will showcase the highlights of their CSR programs. Energy firm Santos Indonesia, for instance, will highlight its endeavors in empowering local residents, particularly women on the island close its operations, as well as how they can grow their own livelihoods and help themselves and others grow.

“Our particular showcase is the waste recycling activities of women from Giligenting Island, who recycle plastic waste and transform it into useful bags,” said Alvin Anwari, a spokesman for the company. "We will also share their experiences in making fashion items from recyclable waste and stage programs available in the CSR area," he said.

Last Updated on Thursday, 28 May 2015 16:21
triplepundit : The Evolution Of Seafood Sustainability PDF Print E-mail
Wednesday, 20 May 2015 11:37

While walking down the many aisles of the Seafood Expo North America (SENA15),

Enjoying seafood samples, you cannot fail to notice all the attention given to sustainability. I’ve already mentioned the prevalence of seafood sustainability at the expo. While many of the exhibitors tout the sustainability of their products, in the darker corners of the hall, there are items which are more questionable, such as shark fin, though fortunately only a single exhibitor had that item. Each year, SENA seems to become more an more sustainable.

Besides the seafood purveyors, you’ll also find organizations devoted to sustainable issues, such as Aquaculture Stewardship Council, CleanFish, Fish Choice, Global G.A.P., Marine Stewardship Council, Monterey Bay Aquarium, Seaweb, Trace Register and others. These groups provide a wealth of information concerning seafood sustainability, and are more than willing to share all they know. Besides the exhibitors, there was also a Seafood Sustainability track in the conference sessions, presenting five different seminars (two fewer than last year) on sustainability-related issues.

Last Updated on Thursday, 28 May 2015 16:22
thehindu : Use CSR budget to fund liver transplants in children: doctors PDF Print E-mail
Wednesday, 13 May 2015 18:41

Doctors and other stakeholders involved in liver transplantation in Karnataka are working towards getting industries utilise their corporate social responsibility (CSR) budget to fund liver transplants, especially among children.

With a similar initiative working well in Tamil Nadu and Assam, like-minded doctors from the State who have formed the Integrated Liver Care (ILC) Foundation are planning to discuss the plan with the Federation of Indian Chambers of Commerce and Industry (FICCI).

Three paediatric transplants performed recently at BGS Global Hospitals have been funded by the ILC Foundation in corporate partnership from the IT sector.

Sonal Asthana, consultant, Multi Organ Transplant Surgeon at the hospital, who is also part of the ILC Foundation, told The Hindu on Tuesday that the idea was to get the industries pool in CSR funds into priority areas in healthcare, especially paediatric liver transplants.

Kaiser Raja, Consultant Hepatologist at BGS, said liver transplants are expensive and range between Rs. 20 lakh to Rs. 25 lakh depending on the condition of patients. Although paediatric transplants cost less, most patients cannot afford it even if they have living related donors.

Last Updated on Thursday, 28 May 2015 16:25
ibnlive : Why investing on children is actually a good CSR PDF Print E-mail
Wednesday, 13 May 2015 18:35

Children in any country constitute a diverse population that reflects the actual potential of the economy. In business terms, they are a subject that is not considered to be a subject of business and yet they form a part of majority of the business/brand decisions that are taken to keep the businesses running. Companies interact with children regularly, although often directly or indirectly and in most parts of the country they are a market force to consider. We need to remind ourselves that we are talking about unleashing the potential of more than 30% of the population that in turn will affect/effect our economy, profits, dividends and most importantly our future.

Rs 20,000 crores by no means is a small number, a small portion of this gigantic sum can create a sustainable impact that can make or break our future and in order to do so, private sector has to play its role, we have to create partnerships. The same partnerships that are being created for disinvestment in PSU's, in creating infrastructure, in harnessing the potential of tourism, we need to have similar partnerships for children, their rights. It's not a charity, it's a sustainable investment and this investment will tomorrow yield manifold returns.

Last Updated on Thursday, 28 May 2015 16:27
livemint : CSR, tax laws not favourable for international aid PDF Print E-mail
Tuesday, 28 April 2015 09:57

Indian companies are mostly extending aid in Nepal by leveraging their own businesses as a goodwill gesture.

Indian companies, led by ITC Ltd, Bharti Airtel Ltd and Spice Jet Ltd, have rushed to the aid of earthquake-ravaged Nepal, and many more are looking for ways to provide help. For now, Indian companies can mostly extend aid by leveraging theirown businesses or services as a goodwill gesture. For instance, ITC is supplying the National Disaster Relief Management (NDRM) centre, which is involved with disaster relief, with 200,000 food packets and nine tonnes of biscuits and ready-to-eat food.

Last Updated on Thursday, 28 May 2015 16:29
Marketing : The rise of ultra-transparency has placed CSR in the midst of a revolution, with huge implications for marketing. By Suzy Bashford PDF Print E-mail
Monday, 27 April 2015 14:34

"Consumers are no longer fooled into thinking (if they ever were) that because a firm plants a few trees in Brazil or pledges to help the polar bears, it makes them ethical corporate citizens." Enron won a "corporate conscience" award from the Council on Economic Priorities five years before it went bankrupt. In fact, until its spectacular fall from grace – with employees found to have illegally shredded the evidence of the energy company’s astounding fraud – Enron was the poster boy for corporate social responsibility.

Last Updated on Thursday, 28 May 2015 16:36
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