Lost Password?
  • Narrow screen resolution
  • Wide screen resolution
  • Auto width resolution
  • Increase font size
  • Decrease font size
  • Default font size
  • default color
  • red color
  • green color
Member Area

CSR Malaysia

Sunday
Feb 05th
Home arrow News arrow Asia arrow India: CSR As An Investment, Not Expense
India: CSR As An Investment, Not Expense Print E-mail
Saturday, 23 January 2010
Companies have been called to look upon corporate social responsibility (CSR) as an investment and not an expense, Tata Sons Ltd Director, Jamshed Irani, was reported to have said recently. In a lecture on 'Corporate governance through the lens of a India Corporate,' Irani said that it was important for corporations to reach out to the community through CSR.

He was quoted as saying, "It is the community which sustains the corporates and not the other way round. For this, companies have to invest in CSR which will help them in the longer run. CSR is an investment and not an expense."

Illustrating through Tatas case studies in Bukaro in Jharkhand, Irani was reported to have said that the company assisted the locals by building schools for education, providing water during the period of shortage, and giving medicine for better health.

 

Sponsored Links