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The Latest Breaking News from CSR

Sydney’s sugar rush: how the colony’s most powerful profited from Australia’s slave trade

Australia likes to think its history is untainted by slavery but a new book traces how a who’s who in the NSW capital profited from the capture and sale of ‘blackbirded’ Pacific Islanders

The Guardian - AU

Over half of PM CARES, CSR-funded oxygen plants in Bengal remained non-functional after Covid: CAG

A CAG report found many Covid-era oxygen plants in West Bengal uncommissioned or non-functional. Ventilators and oxygen concentrators also remained idle at two government hospitals. Significant funds allocated for Covid response remained unspent as of March 2022. The report examined infrastructure created during the pandemic for public healthcare. Deficiencies in…

The Economic Times

Is India Inc's CSR truly driving systemic change or just shifting funds?

Corporate India is entering a new phase of CSR. Spending is expected to cross ₹1.2 lakh crore by 2035. Companies are shifting towards systemic giving. This approach focuses on scalable pilots and evidence building. It aims to create population-level impact. This strategic shift will unlock larger public spending and ensure…

The Economic Times

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When even Ben & Jerry’s can’t speak out, it’s clear: the era of corporate responsibility is over

Jerry himself has left the ice-cream company, alleging it had been silenced. He’s yet another casualty of corporate kowtowing

The Guardian - US

Caesars Entertainment Stock Shows Unusual Options Activity

Caesars Entertainment call options volume activity spiked today as CZR stock rose on weak news (casinos can use AI to set room rates). Call options buyers believe CZR stock will increase over the next two days.

Barchart

‘Social profit orientation’ can help companies and nonprofits alike do more good in the world

Economist Milton Friedman’s influential maxim, that a company’s sole obligation is to maximize profits, is outdated. Many companies have voluntarily integrated social concerns into their business operations through corporate social responsibility, or CSR, policies for years.

The Conversation

Two Kuttanad villages get water treatment plants under UST CSR initiative

New water treatment plants have been set up and handed over to people of Kandankary and Vezhapra villages in Kuttanad.

The Hindu

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Tomago Aluminium seeks massive renewable energy supply for smelter

Tomago Aluminium to issue massive tender for clean energy supply.

Newcastle Herald

CSR Australia Accepts .8B Takeover Offer From Saint-Gobain

CSR accepts .8 billion takeover offer from Saint-Gobain, reshaping Australia's construction industry.

Top News

SEIL Energy wins UBS Forums’ CSR award

SEIL Energy India Limited wins best CSR Impact Award for green initiatives in decarbonisation and community support.

The Hindu

Five-month-old infant diagnosed with a rare congenital disorder undergoes life-saving bone marrow transplantation

Infant with rare immune disorder gets new lease of life through BMT in Bengaluru; mother's HLA compatibility saves the day; hospital extends support through Aster Sick Kids Foundation and CSR funds. #LeukocyteAdhesionDeficiency #BoneMarrowTransplantation #AsterCMIHospital #Bandesha #Balamma #StalinRamprakash #RaghuramCP #SagarBhattadInfant w/ rare immune disorder gets new lease of life via BMT…

The Hindu

HDK accuses Siddaramaiah of ‘outsourcing’ his constituency works to Yathindra

Kumaraswamy accuses Siddaramaiah of "outsourcing" Varuna constituency works to his son; Siddaramaiah denies charges, says no need to respond even if Kumaraswamy puts posts 100 times. Education Minister clarifies CSR has no relation with Education Dept. Kumaraswamy questions legality of "backdoor entry" given to son.

The Hindu

Tomago Aluminium's power supply in the balance

AGL's plan's for a 500MW battery at Tomago go on public exhibition.

Newcastle Herald

Govt eyes ₹ 2,854 crore CSR funding for education sector

Karnataka Govt. seeks to increase CSR spending in education, skilling of youth. Identified needs: solar-based smart classrooms, skills on wheels, multi-skills labs, teaching, nutrition, apprenticeships, digital library, sports equipment. CSR funds increased from ₹876 crore (2016-17) to ₹2,940 crore (2020-21). Challenges: 61 lakh students in 55,000 schools, 14.65% dropout rate,…

The Hindu

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The Hindu

Comprehensive sexuality education in an age-appropriate way

Project X, with funding from the district administration and consultancy firm Guidehouse as part of their CSR, will reach out to 5,000 students in 50 schools in the district this year.

The Hindu

Empowering girl students in rural Andhra Pradesh is our top priority, says MLA Balanagi Reddy

Mantralayam MLA Y. Balanagi Reddy has said the Andhra Pradesh State government has been giving top priority to the empowerment of girl students in rural areas and that they have been providing basic infrastructure at government educational institutes to encourage them to education. After inaugurating the RO water plant at…

Bike Perfect

Clarks release new 'premium' brakes with trick-looking levers and hope-fully lots of power

Branded under CRS, a new performance wing of Clarks, the familiar-looking brakes come in two or four-pot calipers and floating rotors and a very impressive price point

The Conversation

Unpapering the cracks: sugar, slavery and the Sydney Morning Herald

In a splash of articles published over the past two weeks, the British Guardian has acknowledged and apologised for its historical links with slavery. The Scott Trust, owners of the newspaper that became a global news website, outlined how the Guardian’s founders were linked to transatlantic slavery and announced a…

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The Conversation

Corporate social responsibility: Why family businesses get more bang for their buck than non-family firms

When it comes to turning corporate social responsibility (CSR) into profit, research shows family businesses have the advantage. CSR is a form of self-regulation where businesses make concerted efforts to be socially and ethically accountable to themselves, their stakeholders and the public.

Newslaundry

Delhi library led by BJP leader didn’t have funds for branches, but issued salaries to her son

More than eight branches shut, an unrelenting protest by 75 employees over lack of salaries, a funds crunch, and at the centre of it all, one of Delhi’s oldest municipal libraries and a BJP leader mired in allegations of corruption and mismanagement.

AAP

CSR half-year profit jumps 27pct to $110m

Building products company CSR is raising its dividend after a strong half-year result.

The Hindu

Strengthening the CSR framework is a profitable idea

Having a national-level platform where all States could list their potential CSR-admissible projects would help companies assess where their CSR funds would be most impactful across the country

The Hindu

The evolving role of CSR in funding NGOs

Beyond signing cheques, corporates are recognising that what’s good for society is good for business

The Hindu

Finance Minister Nirmala Sitharaman to inaugurate CSR & Investment conclave in Kohima on August 22

FM Nirmala Sitharaman will also participate in the Investor and Bankers meet with a specific focus on Nagaland, IDAN Chief Executive Officer Alemtemshi Jamir said.

The Hindu

CAG flags data non-sharing between I-T dept, MHA to track charitable trusts' foreign receipts

The audit observed that there is no clarity on allowing deduction under Section 80G for donations out of CSR funds.

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