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Corporate Social Responsibility and Community (a Ground Reality)
註釋The Indian cement and Hydro Power Industry, a potential polluter, had won numerous Green awards for fulfilling its commitment towards sustainable community development. Companies are obliged to undertake Corporate Social Responsibility activities which fall under the purview of Companies Act 2013. The stakeholders, mainly the community, expect the companies to undertake Corporate Social Responsibility (CSR) practices and devote part of their profit for the sustainable community development. The local community and society is a resource pool from which any organization gets its manpower, resources and the "License to operate". As a result, corporate management must integrate societal demands in such a manner that business operates in accordance to societal values. The companies today have integrated the community development goals into business goals by considering responsibilities for the impact of their activities on all stakeholders as well as the environment. The CSR practices support education, health, gender equality, women empowerment, skill development and practices focused towards environmental protection and ecosystem.