Media

Amita Joseph: What does it take to be an ethical company in India?

There is no dearth of laws to promote ethical practices in business, but that hasn’t prevented corporate scams and scandals, in India and overseas. An analysis of the business responsibility reports over the last three years of the top 100 companies mandated by the Securities and Exchange Board of India (Sebi) shows that the corporate…

Kiran Karnik: From CSR to responsible business

“Giving back” continues to be the flavour of the day, particularly among returning NRIs and domestic billionaires. The latter have been egged on by the likes of Bill Gates (through his personal example) to committing substantial parts of their wealth to charity. While yet limited, any such philanthropic action by individuals is welcome, all the…

Mint: How employee-friendly are Indian companies?

Mumbai: The India Responsible Business Index (IRBI) 2016, scheduled for release on Tuesday (14 February), seeks to draw attention to the need for companies to extend employee policies to include all workers who are part of extended supply chains, including labour and contractual workers. The 2016 index, a collaborative effort by a group of not-for-profits—Oxfam…

Mint: Business responsibility helps risk mitigation

New Delhi: Adoption of best practices in non-financial aspects of business is increasingly becoming as important as it is in the financial aspects. Investors are keen that firms mitigate social and environmental damage to avoid financial strain and ensure best practices in environment, social and governance (ESG) aspects along with financial performance. According to Navneet…

Mint: Companies need to look beyond the definition of CSR

New Delhi: To gauge the extent of engagement that Indian companies have with the communities around them, non-profit organizations Oxfam India, Corporate Responsibility Watch, Praxis and Partners in Change collaborated on an index—the India Responsible Business Index (IRBI), now in its second edition. The collaborative effort is aimed at promoting discussions and debates around the…

Mint: Companies turning more responsible, but still a long way to go

New Delhi: The World Economic Forum’s The Inclusive Growth and Development Report 2017 defines “inclusive growth” as “a strategy to increase the extent to which the economy’s top line performance is translated into the bottom line result society is seeking, i.e., broad-based expansion of economic opportunity and prosperity”. Any business or industry is made up of…

Yahoo Finance: Reality check: IRBI report makes the case against relaxing labour laws

A collaborative effort by Oxfam India, Corporate Responsibility Watch, Praxis and Partners in Change has compiled the second edition of India Responsible Business Index. The first IRBI edition was produced in 2015. The index shows that several companies have improved on various indices from 2015. The list ranks the top 100 companies listed on the…

Business Standard: Most cos becoming socially more responsible

Most of the top listed companies are becoming more responsible but there is room for large entities to play a more substantial leadership role in ensuring that economic growth is accompanied by social progress, says a report. The conclusions are based on an index developed by non- profit group Oxfam India along with Corporate Responsibility…

India Today: Most cos becoming socially more responsible

New Delhi, Feb 14 (PTI) Most of the top listed companies are becoming more responsible but there is room for large entities to play a more substantial leadership role in ensuring that economic growth is accompanied by social progress, says a report. The conclusions are based on an index developed by non- profit group Oxfam…

Economic Times: Most companies becoming socially more responsible: Report

 NEW DELHI: Most of the top listed companies are becoming more responsible but there is room for large entities to play a more substantial leadership role in ensuring that economic growth is accompanied by social progress, says a report. The conclusions are based on an index developed by non- profit group Oxfam India along with…

The Financial Express : Most companies becoming socially more responsible, says report

Most of the top listed companies are becoming more responsible but there is room for large entities to play a more substantial leadership role in ensuring that economic growth is accompanied by social progress, says a report. The conclusions are based on an index developed by non-profit group Oxfam India along with Corporate Responsibility Watch,…

The Hindu BusinessLine: India Inc is finally talking about diversity in the workplace, says IRBF report

Businesses are getting more socially inclusive, but more needs to be done NEW DELHI, FEBRUARY 14:   The Constitution promises equal opportunities for all, but it wasn’t necessarily always the case in the workplace. Corporate India, however, appears to be finally talking about diversity in workforce, with over 60 of the top 100 listed companies on…