US EditionWhy CSR funding for environmental conservation needs a rethink
Summary by India Development Review
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Why CSR funding for environmental conservation needs a rethink
Ever since the passage of Companies Act, 2013, which requires corporations to set aside 2 percent of their net profits for corporate social responsibility or CSR activities, the quantum of giving has been steadily increasing every year. This shift has been instrumental in transforming corporate giving from ad hoc allocation of funds to strategic, long-term support for projects that meet the needs of both the community and other stakeholders. A c…
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