CSR Dashboard

Tag: CorporateGovernance

  • Garuda Aerospace reinforcing ESG awareness workshop

    Garuda Aerospace reinforcing ESG awareness workshop

    India’s leading drone manufacturer Garuda Aerospace held an ESG awareness workshop, reinforcing its dedication to ethical, accountable and sustainable business practices.

    The session attracted participation from more than 150 employees and stakeholders, highlighting the company’s priority on integrating sustainability into its operations.

    The workshop focused on educating attendees about Environmental, Social and Governance (ESG) principles, emphasising responsible practices, data integrity, compliance and skill development.

    Through structured sessions and interactive discussions, participants gained insights into how ESG awareness contributes to long-term value creation, operational transparency and responsible innovation in the aviation and aerospace industry.

    Rithika Agnishwar, Co-founder and Chief Administrative Officer of Garuda Aerospace, stated: “Sustainability starts with awareness and accountability.

    At Garuda Aerospace, we believe that responsible aviation goes beyond technology—it is about people, processes and purpose. This ESG awareness workshop is a step towards building a culture where ethical practices, data integrity and governance are deeply embedded in how we operate and grow.”

    The initiative is part of Garuda Aerospace’s ongoing efforts to promote responsible business conduct and alignment with international sustainability standards.

  • ICSI launches pioneering CCGRT Manesar facility

    ICSI launches pioneering CCGRT Manesar facility

    The Institute of Company Secretaries of India (ICSI) on Thursday inaugurated its fourth Centre for Corporate Governance, Research and Training (CCGRT Manesar) at IMT Manesar in Haryana, aiming to bolster research, training and consultancy amid rising global needs for ethical business practices.

    The 31,049 sq ft facility, spanning basement plus ground and four floors, features classrooms, a library, multipurpose rooms, hostel, IT lab, dining hall and recreation areas to foster world-class incubation and capacity building.

    “This pioneering CCGRT Manesar will integrate governance seamlessly into corporate functions, serving as a hub for holistic stakeholder programs,” ICSI President CS Dhananjay Shukla said at the launch.

    Former ICSI President CS Ranjeet Pandey, chairman of the ESG and Sustainability Board, added: “True governance transcends compliance—it’s a culture CCGRT Manesar is designed to nurture for ethical leadership across students, members and employees.”

    ICSI Council Member and government nominee Shri Inder Deep Singh Dhariwal emphasised: “This strategic investment in CCGRT Manesar highlights robust governance as vital to India’s dynamic business landscape.”

    The event drew ICSI Vice President CS Pawan G Chandak, former President CS Manish Gupta and other council members. ICSI Secretary CS Asish Mohan delivered the vote of thanks.

    The ICSI, a global body under the Company Secretaries Act, uses its network of CCGRTs—including prior centres—to promote transparency, accountability and streamlined processes in Indian corporates, supporting regulators, statutory bodies and industry.

  • No proposal for centralised CSR monitoring platform: Govt

    No proposal for centralised CSR monitoring platform: Govt

    There is no proposal to create a centralised CSR monitoring platform for oversight and evaluation, Minister of State for Corporate Affairs Harsh Malhotra stated on Tuesday.

    In his written reply to the Rajya Sabha, the minister further disclosed that the government has penalised 30 companies with a total penalty of Rs 19.94 crore for non-compliance.

    “Whenever violation of CSR provisions is reported, action against such non-compliant companies is initiated as per provisions of the Act after due examination of records and following due process of law,” he added.

    As per the latest data, companies spent Rs 34,908.75 crore on CSR activities in the 2023-24 financial year, marking an increase from Rs 30,932.07 crore in the previous year.

    This underscores growing corporate commitment to social responsibility amid ongoing discussions on enhancing CSR monitoring platforms for transparency.

    All data related to CSR filed by companies in the MCA21 registry is available in the public domain and can be accessed at www.csr.gov.in.

    Stakeholders and researchers can leverage this portal to track compliance and impact without the need for a new centralised CSR monitoring platform.