Unlike ITC, not many companies consider community an important and participatory stakeholder while designing corporate social responsibility policies. However, the findings of the third edition of the India Responsible Business Index (IRBI) 2017, to be released on Tuesday, 27 February, indicate not much has changed on the ground. IRBI uses publicly available polices and disclosures of these firms against National Voluntary Guidelines (NVG) principles related to social inclusion. Of the 99 companies reviewed, only 75 companies in IRBI 2017 had this information available as opposed to 77 in IRBI 2016. Like women’s issues, one parameter in community development that companies have robust disclosure is corporate social responsibility (CSR).

Source: Mint February 25, 2018 19:07 UTC