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  • CSR spend on senior citizens’ welfare rose sharply to Rs 76.23 crore in FY22

    CSR spend on senior citizens’ welfare rose sharply to Rs 76.23 crore in FY22

    Under the Act, CSR is a Board driven process and the Board of the company is empowered to plan, decide, execute and monitor CSR activities.

    The CSR spending on the senior citizens’ welfare rose by 46 per cent to Rs 76.23 crore in the 2021-22 fiscal from Rs 52.33 crore in the 2019-20 fiscal, as per the government data.

    Under the the Companies Act, 2013, the CSR is a Board driven process and the government does not issue any specific direction to the companies to spend in any particularl activity, Minister of State for Corporate Affairs Rao Inderjit Singh had said in a written reply to the Rajya Sabha last week.

     Schedule VII of the Act indicates the eligible list of activities that can be undertaken by the companies as CSR. Item No. (iii) of Schedule VII of the Act includes setting up old age home, day care centres and such other facilities for senior citizens.

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

  • SAI expands current CSR initiatives to its academics & coach training programmes

    SAI expands current CSR initiatives to its academics & coach training programmes

    NSNIS Patiala looking to get CSR partners for its coaching and sports science education program.

    Sports Authority of India (SAI) has approved a proposal to expand the current Corporate Social Responsibility (CSR) initiative to SAI’s Academics and Coach Training Programs to further strengthen and support the growing demand from the sports environment in the country.

    The proposal was approved during its 57th Governing Body Meeting (GBM), an official statement said.

    Under the new initiative, Netaji Subhas National Institute Of Sports (NSNIS) Patiala intends to enter into CSR partnerships with organizations of repute for obtaining financial or operational support on various areas in academics.

    CSR initiatives at NSNIS Patiala will aim towards offering courses in coach education, development of sports academics infrastructure, equipment for academic purposes and sports science equipment for labs, research in sports soaching and sports sciences (technical, tactical, and skill development aspects of coaching and training of athletes), capacity building for faculty, coaches and sports scientist.

    NSNIS Patiala through CSR wants to focus on international faculty exchange/exposure (including travel arrangements), student internship programs.

    It also wants to get other services in support of academics such as buses for transportation of the trainees of the institute; providing books for library, publication, Wi-Fi/technical support; providing manpower in terms of professionals/faculty/technical expertise; and any other facilities related to coach education and development program to develop quality manpower in the sports sector through its academic programs.

    The above-mentioned support will also extend to SAI’s Regional Academic Centres at Bangalore, Kolkata, and Thiruvananthapuram, the statement said.

  • Bharti Foundation to organise 10-day long Teachers’ Summer Fest from June 21

    Bharti Foundation to organise 10-day long Teachers’ Summer Fest from June 21

    Focus of the fest is to motivate teachers by integrating ‘Theatre & Storytelling in education’. This will contribute to the country’s mission towards foundational literacy and numeracy (FNL), as well as building learning levels post-Covid.

    Bharti Foundation will organise a 10-day long virtual “Teachers’ Summer Fest’ starting from June 21 across the country.

     The fest will be conducted on TheTeacherApp, a new tech-initiative by the Foundation. Over 4500 teachers have already downloaded the app from across the country, the Foundation said in a statement.

     The focus of the fest is to motivate teachers by integrating ‘Theatre and storytelling in education’. This will contribute to the country’s mission towards foundational literacy and numeracy as well as building learning levels post-Covid.

     Bharti Foundation CEO Mamta Saikia said, “Bharti Foundation has been relentlessly working towards making quality education available to the underprivileged children, especially girls. With many flagship programs, TheTeacherApp’s Summer Fest is another initiative towards our goal of ensuring quality education by empowering school learners, teachers and educationists. We aim to target 10,000 plus teachers across India.”

    The government’s NIPUN (National Initiative for Proficiency in Reading with Understanding and Numeracy) Bharat Mission, launched in July 2021, aims to create an enabling environment to ensure the universal acquisition of foundational literacy and numeracy (FNL), so that every child achieves the desired learning competencies in reading, writing, and numeracy by the end of Grade 3, by 2026-27.

    Bharti Foundation encourages teachers nationwide to seize this opportunity for personal and professional growth. By participating in Teachers’ Summer Fest, educators can engage in stimulating discussions, gain fresh insights, and contribute to a nationwide movement for transformative education.

  • LG Electronics launches nationwide mega blood donation drive

    LG Electronics launches nationwide mega blood donation drive

    The company plans to organise 100 camps throughout the country in a span of 6-8 weeks.

    LG Electronics India today announced a nationwide mega blood donation drive throughout the country as part of its CSR initiative.

    In a span of six to eight weeks, the drive will encompass 51 LG offices and aims to organize 100 camps throughout India in collaboration with various blood banks and various state & district hospitals, the company said in a statement.

    The blood donation drive was inaguared by Shakti Mohan Awasthi, Additional Deputy Commissioner of Police, Noida, along with LG Electronics India Managing Director Hong Ju Jeon.

    “In 2019 alone, we witnessed the remarkable response from over 5700 blood donors across India. We firmly believe that by coming together to donate blood, we have the power to make a life-saving impact on countless lives. Every drop of blood counts, and through this initiative, we are determined to inspire individuals to join us in this noble cause,” Jeon said.

    The company will continue to drive this initiative in coming years by sensitising people. “Together, we can create a powerful ripple effect of compassion, unity, and hope for a healthier future.”

    Under the core theme of “LIFE’S GOOD WHEN LIFE’S SHARED,” LG Electronics India plans to commemorate its 26 years of successful operations in India by executing meaningful interventions.

    In 2019, LG Electronics India launched the blood donation drive across India at 71 locations, which garnered a remarkable response with over 5700 blood donors.

    Building upon the achievements of the previous campaign, LG now aims to amplify its efforts this year by organizing 100 camps across the country. Through this mega blood donation drive, LG Electronics India seeks to raise awareness about the significance of blood donation and inspire individuals to actively participate in this noble cause.

  • Legal action critical for sustainable development: Induslaw’s Saurav Kumar

    Legal action critical for sustainable development: Induslaw’s Saurav Kumar

    Robust waste management techniques coupled with innovation for eco-friendly alternatives will surely orchestrate a sustainable future.

    Concurrent with technological innovation, legal action is critical for sustainable development. The Plastic Waste Management Rules, 2016 are playing a pivotal role in creating more accountability of producers, importers and brand owners (PIBOs) of goods in the end-of-life of their plastic products.

    To this end, the “Extended Producer Responsibility” framework prescribes yearly targets to different classes of PIBOs, to ensure that they are focussing on recycling and reusing plastic.

      Robust waste management techniques coupled with innovation for eco-friendly alternatives will surely orchestrate a sustainable future.

    On the other hand, Environmental, social, and corporate governance (ESG) ESG disclosure and transparency is becoming the new normal for businesses in India.

    By reporting their environmental impact, social initiatives, and governance practices, organizations are fostering trust, accountability, and informed decision-making among investors, consumers, and stakeholders.

    Saurav Kumar, Partner, INDUSLAW

  • Corporates celebrate World Environment Day

    Corporates celebrate World Environment Day

    Corporates like CNH Industrial and JK Tyre and Industries celebrate the 50th World Environment Day.

    JK Tyre & Industries

    According to JK Tyre & Industries Manufacturing Director Anil K Makkar, the company has been constantly instilling proactive steps towards a greener and sustainable future.

    “In our progressive journey, sustainability is at the centre-stage. In the next five years, we hope to increase the percentage of power usage at our manufacturing facilities from 53% to 75% through renewable sources,”

    By 2050, the company aims to become a carbon-neutral company by integrating innovative technologies and sustainable practices.

    “While we at JK tyre are already a global benchmark on specific raw water consumption, our efforts to attain newer milestones will continue to save this precious drop of life and our environment,” Makkar said in a statement.

    CNH Industrial

    Narinder Mittal, Country Manager and Managing Director – Agriculture Business, CNH Industrial India & SAARC said the company is dedicated to breaking new ground in both innovation and environmental responsibility.

    “From advanced agricultural machinery that promotes precision farming and reduces resource consumption, to our electric and hybrid machines that are redefining the construction industry, we are proud to play an active role in reducing emissions and conserving natural resources,” he said.

      Through ongoing efforts in India, including reducing carbon emissions through solar energy in our plants, supporting water conservation initiatives in nearby villages, preventing stubble burning through our crop residue management in more than 10 locations, and implementing the Miyawaki forest project with a plantation of over 10000 trees, the company is working towards a greener and more sustainable future, he said.

    “This World Environment Day, we reaffirm our dedication to further adapt to sustainable practices” he added.

    Pakka Ltd

    Jagdeep Hira, Business Head of Pakka Ltd said: “In our product development process, we ensure that we minimise waste generation. We’re steadily moving towards the goal of net zero carbon emission, aligned with UN Sustainable Development Goals.”

  • “Single day not sufficient to address critical environment issues”

    “Single day not sufficient to address critical environment issues”

    Our environment, be it in India or across the globe needs our unwavering attention.

    As the world celebrates the 50th World Environment Day with ‘beat plastic pollution’ as the focus, the kind of impact it should have had in 50 years on issues like wildlife, biodiversity, forests and water conservation is clearly missing. Be it plastic pollution, loss of vegetation and biodiversity, air and water pollution, climate change, perishing wildlife, there are so many critical environmental issues that a single day in the year will not suffice.

    Every day needs to be treated as a day for the environment so that we could truly reach a stage where it is a matter of celebration for all of us. Our environment, be it in India or across the globe needs our unwavering attention.

    The governments (states and centres), local authorities, industry owners, citizens, non-governmental organisations – every stakeholder across the globe needs to work in consonance with the other to ensure that we save our environment and this planet.

    If only we succeed, we would have a reason to celebrate World Environment Day. Until then we need to treat it as a serious responsibility which needs to be discharged on a daily basis.

      Nawneet Vibhaw, Partner, Shardul Amarchand Mangaldas & Co

  • PepsiCo Foundation organizes tree plantation drive in Mathura

    PepsiCo Foundation organizes tree plantation drive in Mathura

    During the program, poster-making competition and flower-pot painting was conducted along with a rally to educate the villagers on the changing effects of the environment.

    On the occasion of World Environment Day, Pandit Jagat Ram Memorial Force Trust and PepsiCo Foundation organized a tree plantation drive in Sacholi village of Nandgaon block in Mathura district, Uttar Pradesh.

    “It is everyone’s responsibility to save the environment and driving public awareness is the most effective way to bring this much-needed change,” said UP cabinet minister Nardev Chaudhary said on the occasion.

    The villagers of the countryside must make a valuable contribution in planting trees and stop cutting down the trees to ensure that our earth is green and full of trees, he said and added planting trees is the most necessary action one can take to make the vision of green earth a reality.

    PepsiCo India, Chief Government Affairs and Communications Officer Garima Singh said: “We encourage communities to join hands and make the sustainable protection of our environment a top priority, enabling us to achieve this goal.”

     Also present at the event, Rajkumar Pathak, Range Officer, Forest Department, urged citizens to take a pledge to plant trees every year and Vijay Kumar Agarwal, BDO of Nandgaon Block, educated the attendees on the importance of saving the environment, driving awareness among communities on protecting trees and plants.

     During the program, poster-making competition and flower-pot painting was conducted along with a rally to educate the villagers on the changing effects of the environment. Workers from Pandit Jagat Ram Memorial Force Trust also contributed to the various activities held on-ground to celebrate World Environment Day.

  • Axis Bank organizes cleanliness drive across 25 beaches, water bodies till June 11

    Axis Bank organizes cleanliness drive across 25 beaches, water bodies till June 11

    The initiative will cover across 20 cities including Mumbai, Bangalore, Kochi, Chennai, Hyderabad, Lucknow, Varanasi, Patna, etc.

    Private lender Axis Bank has kick started Clean-A-thon, a pan–India cleanliness drive across 25 plus beaches and water bodies and will continue till June 11.

     The initiative will cover across 20 cities including Mumbai, Bangalore, Kochi, Chennai, Hyderabad, Lucknow, Varanasi, Patna, etc., in collaboration with local NGOs, the bank said in a statement.

    The aim to to emphasize the urgency of combating plastic pollution and promoting responsible waste management practices.

     The cleanliness drive will witness participation from Bank’s branch employees, local communities, environmental activists/influencers, local authorities and volunteers who will be collecting and disposing plastic waste from beaches and water bodies.

    These volunteers will also educate the local people about the harmful effects of plastic pollution and how they can reduce the use of single-use plastics.

    Speaking about the initiative Ravi Narayanan, Group Executive – Branch Banking, Retail Liabilities & Product, Axis Bank said, “We firmly believe that the responsibility to protect our planet lies with each one of us, and through this initiative, we aim to instill a sense of environmental consciousness and responsibility amongst fellow citizens.”

    This initiative will add to several ongoing global efforts for a greener and more sustainable future, re-affirming our commitment to build a safe and healthier planet that we owe to the generations which follow us, he added.

  • Coca Cola India launches Kinley bottles made from 100% recycled PET

    Coca Cola India launches Kinley bottles made from 100% recycled PET

    rPET bottles are made from food grade recycled polyethylene terephthalate (PET). The use of rPET bottles not only conserves natural resources but also reduces the amount of plastic waste that ends up in the larger ecosystem.

    Coca-Cola India today launched new bottles made from 100 percent recycled PET plastic material (rPET) in Andhra Pradesh. This is the first time in India that any bottle made with 100 percent rPET is being used for food/beverage.

     “The new rPET packaging is available for the company’s packaged drinking water brand, Kinley, in 1 litre bottles,” the company said in a statement.

    The new bottle features a unique label displaying “100% made from recycled food grade plastic”, marking a major milestone for Coca-Cola in India in realizing its circular economy endeavours, it said.

    This was possible only after the Food Safety Standards Authority of India (FSSAI) approved the use of recycled PET in food packaging, subject to adherence to their guidelines, after a thorough review of food safety, it added.

    Enrique Ackermann, Vice President, Technical and Innovation, Coca-Cola India and Southwest Asia said, “We are proud to be the first beverage company in India to offer our consumers a sustainable choice of packaging, by launching Kinley bottles made from 100% recycled PET.”

    In December 2022, Coca-Cola Bangladesh launched 100 per cent rPET bottles, making it the first market in the Southwest Asia (SWA) region to introduce Kinley water bottles in 2-liter packages. The Coca-Cola company now offers 100 percent rPET bottles in more than about 40 markets.

    Aligned with its global commitment of creating a ‘World Without Waste’, the company has set a goal of using at least 50 percent recycled content in its packaging by 2030; working towards using more recycled content in its packaging.

    The company has been working towards this goal for years and has made consistent progress in reducing the use of virgin plastic across its value chain globally.

    Currently, 90 percent of the company’s packaging is recyclable while 15 per cent of PET used is recycled (rPET) across the globe. rPET bottles are made from food grade recycled polyethylene terephthalate (PET).

     When PET bottles are recycled, the plastic is recycled as per the technologies that are approved by US FDA and European Food Safety Authority (EFSA) for food grade recycled material, and reformed into new PET bottles, reducing the need for virgin plastic for producing PET Bottles.

    The use of rPET bottles not only conserves natural resources but also reduces the amount of plastic waste that ends up in the larger ecosystem, the company added.