The Corporate Social Responsibility Voluntary Guidelines state that CSR initiatives of Indian companies should become integral part of their overall business policy. The Guidelines set out six core elements for companies to address, including respect for workers’ rights and welfare, human rights, and the environment. Guidance on implementation is included in the Guidelines. For example, the CSR policy of the business entity should include an implementation strategy. Also, companies should disseminate information on the CSR policy, activities and progress in a structured manner to all their stakeholders and the public through websites, annual reports, and other communication media. For more information visit the Government of India’s website or view pages 48 – 50 of Carrots and Sticks. See also the February 2010 edition of GRI’s newsletter.
Industry sectors covered by the instrument
Organizations covered by the instrument
All organizations except those in the public sector
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope