1.
Shikha Dhawan
– Founder of Biozazen, New Delhi
2.
Rinki Kumari
– Department of Advanced Centre for Traditional and Genomic Medicine, Institute of Medical Sciences, Banaras Hindu University, Uttar Pradesh.
3.
Archana Nune
– Signode India Limited, Telangana.
4.
Gunika Grover
– Social Impact Lab, India Accelerator, Haryana.
5.
Munish Bhatia
– Social Impact Lab, India Accelerator, Haryana.
Abstract
In India, CSR has evolved significantly,
transitioning from voluntary efforts to a
legal obligation under the Companies Act
of 2013. This shift mandates companies
to allocate a portion of their profits for
social causes. The CSR report for 2023-
2024 highlights a growing commitment
from Indian companies to focus on education
ion, health care, environmental
sustainability, and gender equality. There
is an increasing recognition that business
success is measured not just by profits but
by the positive impact on society and the
environment. Companies also align their
CSR initiatives with the UN’s SDGs,
emphasising the global responsibility of
businesses. This study explores the evolution
of CSR in India, its regulatory framework,
its role in addressing societal challenges,
and highlighting its importance in
fostering sustainable development.