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Home Corporate Social Responsibility

Top CSR Spenders of FY 2020-21

India CSR by India CSR
July 17, 2021
in Corporate Social Responsibility, Prime
Reading Time: 3 mins read
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Corporate India spends a huge sum on Corporate Social Responsibility (CSR) for the welfare of workers and local people in the country.

Section 135 of the Companies Act, 2013 (‘Act’) mandates every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore or more, or net profit of Rs. 5 crore or more during the immediately preceding financial year to undertake Corporate Social Responsibility (CSR) activities.

In India, CSR is a Board driven process and the Board of the company is empowered to plan, decide, execute and monitor the CSR activities of the company based on the recommendation of its CSR Committee.

As per the Act, financial statements and board report containing disclosure about CSR, for the financial year 2020-21.

SL No.CompanySector Spending (INR in Cr)Unspent (INR in Cr)PM CARES Fund (INR in Cr)
1Reliance IndustriesManufacturing1,140
2TCSIT663
3HDFC BankBanking634.91
4Infosys LimitedIT325.3250
5ITC LimitedFMCG353.46
6Wipro LimitedIT and FMCG251
7JSW SteelSteel78.3286.4075
8Tata SteelSteel & Mining222
9SBIBanking144.8811
10.Hindustan Unilever LimitedFMCG165
11.Mahindra & MahindraAutomobile92.7820
12.Adani GroupDivers16
13.Tata MotorsAutomobile24
14.Axis BankBanking91
15.Havells IndiaElectrical equipment21
16.Godrej Consumer Products LimitedFMCG34
17.Asian Paints LimitedDecorative6314.78 (Including)
18.Lupin LimitedPharma35.11
19.ICICI BankBanking184.53
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Tags: CSR Spending in 2020-21CSR Spending in IndiaTop CSR Spenders of FY 2020-21

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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