CSR funding of corporates
Government mandating that 2% of profits to be spent in CSR this can have both positive and negative effects
Positive - he social problems it solves
Negative the enviornment disaster it can cause as the money would be in the hands of people who are not enviornmentally educated and ofcourse where garbage management is null .
CSR needs to look at the lifecycle of money and not just the immediate benefit.
Currently enviornment stands as a seperate vertical of donation and not incorporated in other . Let me explain . So for empowering women government offers free pad program which is mindless
and dosent see the lifecycle of its impact of the tonnes of waste generated for landfills.
CXO who signs these cheques need to be extremely wary of what they are spending for.
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