Tata companies in the top and bottom of top companies spending on CSR

The recently developed CSR 10 India Index 2012 analyses how top 10 private sector profit earning companies fair in terms of CSR spend. Interestingly the salt to steel conglomerate- TATA, has a company topping and tailing the Index.

Click on the CSR 10 India Index 2012 link to download your copy.

CSR 10 India Index 2012 from anuptiwari

Ratan Tata's audacious philanthropic retirement plans

The way to go. India head quartered Tata Group's (globally better known as owners of iconic Jaguar Land Rover) outgoing Chairperson Ratan Tata has audacious philanthropic retirement plans. This despite the existing track record as below.

In 2010 alone, the Tata trusts disbursed Rs 500 crore ($80 million at current exchange rates) to various causes and institutions. In dollar terms, this number would have been higher if the rupee hadn't devalued as much since then. The Rockefeller Foundation, one of the most generous in the world now, disburses $180 million each year. Experts say the Tata trusts are easily among the 10 most generous in the world.

Read more on the link below

http://ibnlive.in.com/news/ratan-tatas-audacious-philanthropic-retirement-plans/284136-55.html
 

Should non-profits work with corporates?

Well the non-profits who partner with corporates, often have this question crossing their minds. Obviously, this thought never crosses the ones like GreenPeace who do not partner as a philosophy.Therefore, my first statement and what follows below is more for non-profits who do partner with corporates.

There are many reasons for questioning the rationale of corporate partnerships. Some of the ones that I have heard include:

- inability to understand the developmental nuances
- expectation to see results as of yesterday
- donor and donee kind of relationship rather than partnership
- wanting too many reports and visits
- the need to publicise it immensely
- corporate or CSR objective driven programming than need based

All the above are valid to some extent. But does that mean we stop working with corporations?

Well obviously not. And this not for the resources they bring in. This is also not for the leverage they could provide. Even not for the well meaning employee group power they bring.

I feel the biggest reason to partner is, to sensitise corporations on the above issues. I think a better mutual appreciation results from sitting and discussing these on the same side of the table.

End word: Yes and yes let us partner with corporations!