How socially responsible are Indian corporates?

Published: Sunday 31 May 2009

-- Forty nine per cent companies were not doing any Corporate Social Responsibility (CSR) activities

Down to Earth 1,000 Indian companies have been rated for CSR by Karmayog, a group of Mumbai-based citizens, non-profits and corporate houses

Down to Earth CSR activities undertaken by 51 per cent of the companies mainly included education, healthcare and rural development

Down to Earth 49 per cent received the lowest score of zero, none scored the highest level

Down to Earth 57 per cent of the 40 banking companies scored the highest. Software and paper industries also showed high levels of CSR activities

Down to Earth Entertainment and media, retail, mining, trading and construction industries scored low

Down to Earth 63 per cent of the 57 construction companies did not have any CSR activity. Only two of them-DLF and GMR Infrastructure-scored level three

Down to Earth The rating was based on two parameters--steps taken by the companies to reduce negative effects of their products and processes on the environment and the steps taken by them to use their resources and core competence to benefit society

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