Business Ethics and Corporate Governance, Second Edition

PRESTIGIOUS AWARDS FOR CSR

It is often felt by those who are engaged in CSR activities that while companies are berated both by the public and the media for any of their misdemeanour, they are hardly commended for the good social work they do, and for the time, efforts and resources that go into them. Such commendation of their work will not only encourage them to do more and be committed to the service, but showcasing of corporations that do exemplary work in this field will also inspire other passive corporations to emulate them. Table 9.2 illustrates some of the awards that have been instituted both in developed countries like the United States and the United Kingdom and in a developing country like India.

The number of CSR-related awards ...