CSR's activities and profitability those companies who implementing CSR?
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Some of the most common examples of CSR include:
Reducing carbon footprints.
Improving labor policies.
Participating in fairtrade.
Charitable giving.
Volunteering in the community.
Corporate policies that benefit the environment.
Socially and environmentally conscious investments.
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Answer:
According to these rules, companies which have an annual net worth of Rs. 500 crore or annual income of Rs.1000 crore or an annual profit of Rs. 5 crore, are required to spend on CSR activities. This expenditure should be at least 2% of the average profit of three years.
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