Businesses play an important role in the society, impacting the communities, regions as well as the individuals and environment. However, in the present day competitive environment, businesses must find new ways to address the social, economic, and environmental effects of doing business, while balancing the conflicting demands on their attention, time, and resources. This in fact demands the alignment of corporate social responsibility (CSR) with business strategy to create a truly sustainable business, in the established companies.
ASSOCHAM has been organizing the “ASSOCHAM CSR EXCELLENCE AWARDS” since the last 7 years. The governance mechanism in organizations has been evolving and getting more matured over years through continuous refinement of its implementation process. With the global business market moving towards the concept of Responsible Corporate Citizen, by demonstrating its initiatives on Sustainability and CSR, also in the light of new development in the form of Companies Act, 2013, apart from creating wealth for the society, ASSOCHAM too feels that in view of the emerging regulatory and market imperatives, it is necessary to change with time and accordingly redefine the nomenclature of the awards that would be more appropriate from the present business context to “ASSOCHAM RESPONSIBLE ORGANIZATION EXCELLENCE AWARDS 2014-15”.
In view of the immense importance of CSR, ASSOCHAM is organizing “7 th Global CSR Summit cum Responsible Organization Excellence Awards” on 20th February, 2015 at New Delhi to discuss the holistic perspective of CSR in the region with insights from various stakeholders with a human touch.
Detailed information has been attached herewith
