India CSR Network
No Result
View All Result
  • Home
  • CSR
    • Art & Culture
    • Child Rights
    • Education
    • Environment
    • Gender Equality
    • Health
    • No Poverty
    • Technology
    • Water & Sanitation
    • Women
    • Skill Development
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Sustainable Development Goals
  • BRSR
  • Corporate Governance
  • Circular Economy
  • Workplace
    • Diversity & Inclusion
    • Labour
    • Safety
    • India POSH Awards
  • ARTICLES
  • INTERVIEWS
  • Events
  • BOOKS
  • Home
  • CSR
    • Art & Culture
    • Child Rights
    • Education
    • Environment
    • Gender Equality
    • Health
    • No Poverty
    • Technology
    • Water & Sanitation
    • Women
    • Skill Development
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Sustainable Development Goals
  • BRSR
  • Corporate Governance
  • Circular Economy
  • Workplace
    • Diversity & Inclusion
    • Labour
    • Safety
    • India POSH Awards
  • ARTICLES
  • INTERVIEWS
  • Events
  • BOOKS
No Result
View All Result
India CSR Network
No Result
View All Result
Home Knowledge

Does Social Responsibility contribute to Sustainable Development?

Jyotsna Belliappa by Jyotsna Belliappa
July 7, 2020
Reading Time: 3 mins read
Sustainability Knowledge Series
Share on FacebookShare on TwitterShare on LinkedInWhatsapp

In India, social responsibility is associated with charitable and philanthropic activities a corporate house undertakes in the community. While charitable and philanthropic work in the community comes under the ambit of social responsibility, the scope of the term “social responsibility” is much larger.

Definition of social responsibility:

Social responsibility is defined as responsibility of an organization for the impacts of its decisions and activities on society and the environment through transparent and ethical behaviour that contributes to sustainable development(ISO 26000: Guidance on Social Responsibility)

ADVERTISEMENT

India refers to The Companies Act Schd VII Section 135 to define Corporate Social Responsibility (CSR)

Definition of Corporate Social Responsibility (CSR):

Corporate Social Responsibility (CSR) means and includes but is not limited to (i) Projects or programs relating to activities specified in Schedule VII of the Indian companies Act 2013; or (ii) Projects or programs relating to activities undertaken by the board of directors of a company (Board) in pursuance of recommendations of the CSR Committee of the board as per declared CSR Policy of the company, subject to the condition that such policy will cover subjects enumerated in Schedule VII of the Act. ( National Guidelines on Responsible Business Conduct-2018 )

The Companies Act-2013 is applicable to registered business organisations in India. Hence,“CSR”mainly refers to the mandated social responsibility programmes initiated by corporate business houses in India

Definition of organization

…entity or group of people and facilities with an arrangement of responsibilities, authorities and relationships and identifiable objectives(ISO26000: Guidance on Social Responsibility)

The term social responsibility came into widespread use in the early 1970s. The view that social responsibility is applicable to all organisations emerged when different types of organizations- and not just those in the corporate business world- recognized that they too had responsibilities for contributing to sustainable development.

How is SustainableDevelopment linked to Social Responsibility?

Social responsibility is about meeting the expectations – social and environment – of the immediate society impacted by the decisions taken by the business organisation.

Sustainable development, on the other hand, is a much larger concept and is about meeting the economic, social, and environmental expectations of the society at large.

Bluesky recently inspected an organisation providing urban transport solutions using electric cars. The cab drivers, a healthy percentage of them being women cab drivers, were signed in as business associates of the company on a progressive profit-sharing model. So while the organisation demonstrated social responsibility by providing employment opportunities and revenue generation to a community of drivers, the business also contributed to the sustainable development of the region by contributing in reduction of carbon emissions, increased financial inclusion, equal opportunities and an improved standard of living for their community of drivers and clients.

Therefore, an overarching goal and long-term impact of an organisation’s social responsibility contributes to sustainable development. A comprehensive and independent inspection of an organisation’s social responsibility initiatives based on international and national social responsibility standards are a good indicator of a business’s contribution to sustainable development.

Tags: Sustainability Knowledge Series
Jyotsna Belliappa

Jyotsna Belliappa

Related Posts

Sustainability

Sustainability: LANXESS on Mission Climate-Neutral 2040

April 21, 2021
Mamaearth launches its annual ‘Goodness Report Card’ on Earth Day
Sustainability

Mamaearth launches its annual ‘Goodness Report Card’ on Earth Day

April 21, 2021
Sustainability

Sustainability: HP’s Ambitious Climate Action Goals – Carbon Emissions, Circularity and Forests Conservation

April 21, 2021
Sustainability

Ingka Group accelerates investment in the transition to a renewable energy future with additional 4 billion euro

April 20, 2021
Sustainability: Procter & Gamble solar plant to reduce the company’s carbon emission by 1030 metric tonnes
Sustainability

Sustainability: Procter & Gamble solar plant to reduce the company’s carbon emission by 1030 metric tonnes

April 20, 2021
Sustainability

Responsibility, Values and Health – Sustainability priority of R&M

April 20, 2021

Recommended Stories

Monsanto Celebrates 10 Years of Human Rights Policy Adoption in India

May 31, 2016

IndiGo and GE Healthcare to promote breast cancer awareness 

October 27, 2017

YES BANK adjudged Asia’s Best Bank for Corporate Social Responsibility

July 15, 2016

Popular Stories

  • Corporate Social Responsibility CSR-1 form CSR by MCA

    Form CSR-1 now available on MCA website

    0 shares
    Share 0 Tweet 0
  • CSR: Cognizant Donates Tablets and Laptops to Government Schools of Telangana

    0 shares
    Share 0 Tweet 0
  • What is the Form CSR-1?

    0 shares
    Share 0 Tweet 0
  • Awards for outstanding women managers

    2 shares
    Share 2 Tweet 0
  • CSR: Corporate India coming forward to take care COVID-19 vaccination cost their employees

    0 shares
    Share 0 Tweet 0
  • Home
  • About Us
  • Team
  • Partnership
  • Events
  • Terms of Use

No Result
View All Result
  • Home
  • CSR
    • Art & Culture
    • Child Rights
    • Education
    • Environment
    • Gender Equality
    • Health
    • No Poverty
    • Technology
    • Water & Sanitation
    • Women
    • Skill Development
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Sustainable Development Goals
  • BRSR
  • Corporate Governance
  • Circular Economy
  • Workplace
    • Diversity & Inclusion
    • Labour
    • Safety
    • India POSH Awards
  • ARTICLES
  • INTERVIEWS
  • Events
  • BOOKS