Monday, May 19, 2008

FICCI-SEDF Corporate social responsibility awards (CSR) 2007-08

CSR: corporate social responsibility means the incorporation of social, economic and environmental concerns into business, while taking care of stake holders and creating shareholder’s value. In other words instead of working for only short term gains or profit driven business, the today’s corporate world should be driven by socially conscience and social responsibility.

The CSR awards of this year have gone to six companies and the FICCI-SEDF CSR 2007 corporate citizen 1 was bagged by sheetal Mehta chief-CSR (MAHINDRA & MAHINDRA), 2nd by TATA TEA and corporate citizen 3rd by NTPC. The jury’s special recommendation award went to APPOLO TYRES, while the certificates of recognition were given away to ONGC AND MSPL.

In his speech at FICCI.SEDF- the finance minister P.chidambaram appealed the industry to employ one lakh differently abled people.

He also said that inclusive growth can only be sustained if business is done to enhance the well being of society.

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