Corporate Social Responsibility (CSR) has become a defining section in corporate culture and has become the yardstick through which companies are assessed by the common populace and industry experts. Major corporate houses have all invested significantly in their respective CSR departments, each striving to outdo the other when it comes to giving back to the community.
Let us look at the top 10 Indian companies for CSR in 2020.
Infosys Limited
The CSR wing of the tech giant spent almost Rs 360 crore in CSR activities in 2020. As expected COVID-19 relief work took up much of the funding, along with education and healthcare programs. Sudha Murthy, Chairman of Infosys foundation, summed it up perfectly, “CSR can’t be merely a job, it’s a passion.”
Mahindra & Mahindra
Other than COVID relief operations, the organization has been a firm proponent against climate change and introducing sustainable business practices. Mahindra’s Project Nanhi Kali continues to provide education to the girl child and empowering them.
Tata Chemicals Limited
Tata Chemicals went overboard when it came to CSR spending – spending Rs 37.81 even though the prescribed funding for 2020 was Rs 21.39 crore. This is just one instance which highlights the company’s commitment to fostering sustainable and integrated development of communities.
Wipro Limited
The Rishad Premji-led corporation is another firm that has consistently spent more than its prescribed CSR budget for the last three fiscals. The companies CSR activities mainly focuses on primary healthcare and disaster management across four states.
ITC Limited
The organization’s ITC Choupal has become the gold standard for community development globally. The flagship CSR program of the company has benefitted millions of farmers through digital literacy and empowerment.
Vedanta Limited
The company has directed much of its CSR activities towards agriculture and rural development. Zero Harm, Zero Waste and Zero Discharge has been the watchword of Vedanta’s CSR programs.
Hindustan Unilever Limited
Unilever Sustainable Living Plan (USLP) has been the guiding principle of Hindustan Unilever’s CSR activities. Launched in 2010, the plan has led the company to spend more than the mandated 2% of profits towards CSR initiatives.
Godrej Consumer Products Limited
Godrej spent Rs 19.49 crore on its CSR activities in FY20, with disease prevention, waste management and women empowerment being the area of focus. It runs waste management projects with the ultimate aim of cleaner waste recycling process.
Grasim Industries Limited
Part of the Aditya Birla Group, this new entrant to the CSR scene in India has received praise from many old hands for its novel approach to CSR in India. Much of its CSR operations includes management and operation of hospitals and schools.
Bharat Petroleum Corporation Limited
The CSR projects of this Maharatna company are the ones to look up to. The employees of the PSU collectively contributed Rs 4,27 crore towards India’s COVID fight. Bharat Petroleum’s CSR also emphasizes on easier access to quality education and improvement of education systems.These are the 10 Indian companies that made our list of top 10 company CSR activities in 2020. Do you agree with our list? Let us know if we have overlooked an organization which you think deserves a mention.
