GFID INDIA, in its mission to foster balanced economic, social and industrial development, has formed the GFID INDIA FOUNDATION FOR CORPORATE SOCIAL REPSONSIBILITY (GIFCSR). The foundation aims at taking ahead the objective of CSR to embrace responsibility for the company's actions and to encompass a positive impact on the environment, economical and social aspect of the community at large. The foundation is intended to be the most inclusive and culturally competent centre for the poor and backward society of the country.
Being the apex chamber of the country, GFID INDIA recognizes that it is in a unique position to assist in the growth and development of the community. The major areas of deliberation under the GIFCSR will be the educational, social and economical well being of the poor and backward community of the society.
Surging economies, including India, are coping with issues related to poverty, child rights, community welfare etc and are a hotbed for an innovative CSR Scenario which is still shaping up. To ensure just, sustainable, and balanced development the corporate must join hands with this Foundation. It is today that we make a difference for tomorrow.
Corporate sector is the prime mover of economic growth and therefore should come forward and share their responsibilities for redistributive and inclusive growth. Corporate social responsibility is presenting itself both as an opportunity and an important requirement for corporate to be engaged in. It would help the corporate in their brand building and will contribute towards faster and more balanced growth of our society.
We encourage our members to support in our commitment for the upliftment and well being of the society through combined efforts.
Battling life-threatening medical conditions such as cancer can be an excruciating process which takes a toll on the physical as well as mental health of an individual. As one can imagine, this holds especially true for young children between the ages of 3 and 18 years. At Make A Wish India, we have seen first-hand the potential that the granting of a child's much-cherished wish holds. In the midst of the painful treatment process they endure, the power it wields is immense. At times, it provides that much-needed burst of happiness that can make all the difference. At times, it provides comfort and joy to the young angels during their time here. We have seen, time and again, that a Wish holds power, hope and a little bit of magic. More importantly, it can change lives. Here at Make A Wish India, this is what we do- we make wishes come true
Make-A-Wish Foundation of India is a non-profit organization that has fulfilled 6,738 wishes in 13 years. The Foundation is dedicated to granting the most cherished wish of children between ages 3 and 18, diagnosed with a life-threatening medical condition, mostly cancer. It is a registered trust Make-A-Wish Foundation of India is about to celebrate a very special occasion, its Silver Jubilee, in the year 2020 and aims to accomplish the goal to grant wish of the 75,000th child.
Trinity Care Foundation is a network of highly accomplished and networked Public Health Professionals in Karnataka State, India. They aim to solve the challenges of Healthcare in India by working in synergy with the Government system. At Trinity Care Foundation we aim to create a more efficient and effective social impact ecosystem using preventative healthcare system. Trinity Care Foundation is a registered charitable Trust under Indian Trusts It is registered with NITI Ayog, Government of India.
CSR in India has traditionally been seen as a philanthropic activity. And in keeping with the Indian tradition, it was an activity that was performed but not deliberated. As a result, there is limited documentation on specific activities related to this concept. However, what was clearly evident that much of this had a national character encapsulated within it, whether it was endowing institutions to actively participating in India’s freedom movement, and embedded in the idea of trusteeship. As some observers have pointed out, the practice of CSR in India still remains within the philanthropic space, but has moved from institutional building (educational, research and cultural) to community development through various projects. Also, with global influences and with communities becoming more active and demanding, there appears to be a discernible trend, that while CSR remains largely restricted to community development, it is getting more strategic in nature (that is, getting linked with business) than philanthropic, and a large number of companies are reporting the activities they are undertaking in this space in their official websites, annual reports, sustainability reports and even publishing CSR reports. The Companies Act, 2013 has introduced the idea of CSR to the forefront and through its disclose-or-explain mandate, is promoting greater transparency and disclosure. Schedule VII of the Act, which lists out the CSR activities, suggests communities be the focal point. On the other hand, by discussing a company’s relationship to its stakeholders and integrating CSR into its core operations, the draft rules suggest that CSR needs to go beyond communities and beyond the concept of philanthropy. It will be interesting to observe the ways in which this will translate into action at the ground level, and how the understanding of CSR is set to undergo a change.
Corporate Social Responsibility is a business strategy that will stand the test of time. As new generations come up alongside technological advancements, businesses must strive to sustain relevance by improving their CSR techniques. Action Change is a charity that works with corporates across the MP, Dehli and Mumbai. Our corporate partnership works with your business to help build a partnership that will give you the edge. We work with you to ensure that you support a sustainable project that will compliment your brand and mission and attract all stakeholders. To find out more how to start the perfect partnership with Action Change, check out our corporate site
A growing number of writers however have recognised that the activities of an organisation impact upon the external environment and have suggested that one of the roles of accounting should be to report upon the impact of an organisation in this respect. Such a suggestion first arose in the 1970’s and a concern with a wider view of company performance is taken by some writers who evince concern with the social performance of a business, as a member of society at large. Indeed the desirability of considering the social performance of a business has not always however been accepted and has been the subject of extensive debate. Thus Hetherington
Companies themselves have also changed. No longer are they concerned with greenwashing – the pretence of socially responsible behaviour through artful reporting. Now companies are taking CSR much more seriously not just because they understand that it is a key to business success and can give them a strategic advantage, but also because people in those organisations care about social responsibility.
As far as the externalisation of costs in concerned it is important to recognise that these can be externalised both spatially and temporally.
In 1762 Social Contract which was designed to explain – and therefore legitimate – the relationship between and individual and society and its government. In it he argued that individuals voluntary gave up certain rights in order for the government of the state to be able to manage for the greater good of all citizens. This is of course a sharp contrast to the angry rhetoric of Tom Paine, shown above. Nevertheless the idea of the Social Contract has been generally accepted. More recently the Social Contract has gained a new prominence as it has been used to explain the relationship between a company and society. In this view the company (or other organisation) has obligations towards other parts of society in return for its place in society. This can be depicted thus:
It is normal to consider all of these stakeholder groups separately. It should be noted howvee that each person will belong to several stakeholder groups at the same time. For example a single person might be a customer of an organisation and also an employee and a member of the local community and of society at large. He or she may also be a shareholder and a member of a local environmental association and therefore concerned about the environment. Most probably that person will also be concerned about the future also, on their own behalf or on behalf of their children. We can therefore see that it is often not helpful to consider each stakeholder group in isolation and to separate their objectives. Reality is more complex.
Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable. There is no one "right" way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy or the environment. In today's socially conscious environment, employees and customers place a premium on working for and spending their money with businesses that prioritize CSR. companies that implement CSR stand to benefit in multiple ways. "What the public thinks of your company is critical to its success," Schmidt told Business News Daily. "By building a positive image that you believe in, you can make a name for your company as being socially conscious."
Corporate social responsibility is a modern approach to running a business. It comes with plenty of questions, and a few of the most frequently asked are listed here.
What is corporate social responsibility (CSR)? Corporate social responsibility is a way of describing how companies measure and control their impact on society. This includes a company's contributions – both negative and positive – to the economy, environment and greater community.
What are the benefits of CSR for companies? CSR can be beneficial to a company in two ways. The first is by improving its brand image. When customers or clients see evidence of social responsibility, they tend to respond positively. The second benefit relates to employee morale. Morale tends to be sustainable higher at companies that invest clear effort and resources into ethical and socially responsible behavior.
How do you monitor CSR? There are a few key ways to measure CSR. The first is to break CSR goals into categories. Some general categories that work well are philanthropy, labor practices and environmental efforts.
To track the success of these investments, look for measurable key performance indicators. How much has the carbon footprint of the company changed? How many people were reached by a charitable effort? While doing these things, continue to monitor new developments related to each category and keep a pulse on general public perception of issues associated with your company's CSR causes.