India’s CSR reporting survey 2019 analyses and brings together findings from CSR reporting of the top 100 (N100) listed companies as per market capital.
As per the Act, which came into effect from 1 April 2014, companies with a net worth of INR500 crore or more, or a turnover of INR1,000 crore. or more, or a net profit of INR5 crore or more during the immediately preceding financial year are required to spend 2 per cent of their profits on CSR programmes. Eligible companies need to form a CSR committee, formulate a CSR policy and implement projects in alignment with Schedule VII of the Act. CSR-related disclosures need to be made in the Director’s report in the prescribed format. India’s CSR reporting survey 2019 analyses and brings together findings from CSR reporting of the top 100 (N100) listed companies as per market capital. These companies are required to comply with the requirements of the Section 135 of the Companies Act, 2013. Documents for N100 companies were reviewed basis their availability in the public domain as on 30 September 2019. The report aims to bring out key insights for various stakeholders like corporates, the government and not for profit organisations, academic institutions and others. The year 2018-19 is a landmark year, as we complete five years since the introduction of Section 135 to the Companies Act, 2013, and gives us an opportunity to identify the trends and present the analysis on the performance of India Inc. (N100) on CSR. While during the previous year(s), we had analysed aspects related to CSR such as policy, committee, annual disclosure and spends of N100 companies as on 31st March 2019; this year, we have additionally looked at the trends of India Inc. (N100) on compliance, governance, efficiency, impact management, SDG and communication, impact of subsequent notification/circulars/notices by Ministry of Corporate Affairs (MCA), among others.
India CSR Report- At a Glance
India’s CSR reporting survey 2019 - Detailed report
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