Csr Activity Transcends Compliance Boundaries, Companies Embrace Impact Investing: Deloitte


credit: Oblate Youth

Indian companies are spending more and more time thinking about how to make a positive impact on the world around them, the Economic Times reports.

According to a survey of 185 companies by consulting firm Deloitte, 50% of them say they're "re-evaluating" their corporate social responsibility strategies.

And 25% say they spend more than $100 million a year.

The survey also found that only 28% of companies feel "very prepared" to navigate impact investing, the Times of India reports.

"CSR has evolved from a compliance function to a strategic driver of corporate strategy, now prominently featured on boardroom and investor agendas," says Sumeet Salwan, a Deloitte India partner.

Salwan says companies are starting to realize that CSR is "indispensable component" in India's development narrative.

According to the survey, 80% of companies now see CSR as a "critical element" in their overall strategy.

Companies are looking for new ways to make a positive impact on the world, including through social bonds and pay-for-success models.

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Marquis Who'S Who Honors Marilyn L. Raichle, Mpa, for Expertise in Nonprofit Leadership

Harvard's John F. Kennedy School of Government has a new member. Marilyn Raichle, who holds a master's in public administration and a bachelor's in political science from the University of...more

Kpmg Launches 'Ai Impact Initiative' to Bring Ai Technology to Nonprofits

"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more

Egle Seeks Proposals for Michigan Green Maritime Strategy

Michigan wants to make its ports more energy efficient and less reliant on fossil fuels. The state's Department of Environment, Great Lakes, and Energy is seeking proposals to create a maritime...more

Designated Dawgs: Student Nonprofit Offers Rides Home from Downtown

When the University of Georgia's Designated Dawgs program was born in 2000, the idea was to get students home safely after a night of drinking. Today, the student-led organization has provided...more

Crystal Narr Celebrates 10 Years with the Chillicothe Area Chamber

When Crystal Narr first joined the Chillicothe Area Chamber of Commerce a decade ago, she didn't think she'd last as long as she does. "I didn't think I'd last 10 years," she tells the...more

The George Foundation Announces Expansion To Grant-Making Team

The George Foundation was founded in 1945 by Mamie and Albert George to "build and supporting a vibrant and prospering local community in Fort Bend County," according to its website. Since then,...more

Ideas: Tech Powers New Era of Impact Investing

When it comes to environmental, social, and governance (ESG) considerations when investing, Malaysia is at the top of the list, according to Digital Edge Malaysia. And that's not just because the...more

Who Are the Prime Beneficiaries of Neo-Liberal Economy?

"The neo-liberal market economy promotes a hypothetical market that is open and accessible to all, allowing hardworking people to garner maximum benefits from competitive businesses and industrial...more

Petersheim Fund at Greater Pike Awards $13,150 in Grants

When Chuck Petersheim heard a high school football team in Pike County, Pa., needed funds for a trip to Florida, he decided to pony up. The Greater Pike Community Foundation recently announced...more

The Foundation of American Folly
Foundation: Ford Foundation

The Ford Foundation, one of the five largest philanthropists in the US, has come under fire in the past for its support of far-left groups. Now, however, it's back in the news for another reason:...more



Social Entrepreneurship
Spotlight



Key to Successful Social Entrepreneurs: MENTORS


Liam Black, co-founder of Wavelength, writes how collaboration and embracing mentoring are ways to make social entrepreneurs successful.



Federal Government Grant and Assistance Programs


Health Improvement for Re-entering Ex-offenders Initiative (HIRE) HIV/AIDS | Pension to Veterans Surviving Spouses, and Children | Recovery Act Assistance to Rural Law Enforcement to Combat Crime and Drugs Competitive Grant Program | Social Security Economic Recovery Act Payments | Faculty Exchange Program | Rehabilitation Mortgage Insurance | Twenty-First Century Community Learning Centers | Juvenile Mentoring Program | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders