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CSR Digest- September 2020

Top 5 Corporate Social Responsibility Trends for 2020

Corporate Social Responsibility (CSR) once meant a couple of big financial donations a year, but now organizations are investing more than just their money. Current CSR trends are much more about strategically aligning philanthropic work with business goals in order to bolster both.

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ETIG Analysis: Why is CSR set to turn from 'good to know' to 'need to know' for investors?

A Sebi-constituted panel in its report proposed the allowing of CSR spends to be traded between companies with excess CSR spends and those with deficient CSR spends on the social stock exchange. The idea of such a bourse was first floated in the 2019 budget.
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Contributions to R&D spends on Covid-related vaccine, drugs to be considered as CSR: Govt

The government has expanded the scope of corporate social responsibility (CSR) spending for companies engaged in research and development (R&D) of new vaccines, drugs and medical devices, a move that is expected to enhance the flow of funds towards Covid-19 vaccine and drug development

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Ministry of Corporate Affairs widens ambit of CSR activities

The ministry of corporate affairs (MCA) has included contributions towards the Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans and their dependents including widows, within the definition of corporate social responsibility (CSR).

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Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities and withdrawal of Guidance Note on Accounting for Expenditure on CSR Activities

The CSR Committee has released the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities on 1st July, 2020
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