The journey of past three years has been a remarkable one, especially for the businesses. India pioneered mandating CSR spend through The Companies Act, 2013. The mandate says
.....ccompanies having a net worth of INR 500 crore (Cr.) or
more, or a turnover of INR 1000 Cr. or more, or a net profit of INR 5 Cr. or more in a given financial year are required to spend 2 per cent of their profits on CSR programmes...
2015 has witnessed unprecedented agreements by the international community, including the Sustainable Development Goals-SDGs and the Paris Agreement on climate change action, encompassing businesses to perform and communicate their performance on Social, Economical and Environmental fronts with linkages to SDGs.
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