In its first year of compliance with the Companies Act 2013, consumer goods companies CSR spend rose by 57%. However, Nestle, one of the six major FMCG firms, which is in eye for the Maggi-ban storm, not only missed meeting the 2% CSR spend by a wide margin, but also saw its CSR spend fall in 2014.
Priya Naik, Founder & Joint Managing Director of Samhita Social Ventures is featured in this Business Standard article. She points out, “Making CSR a board-level agenda can certainly be helpful if the board asks the same kind of questions as they would do for any other business and if they look at CSR from a long-term perspective.”
Priya Naik, Founder & CEO of Samhita Social Ventures talks to SHEROES about the concept of ‘giving back’, the idea behind setting up Samhita and its core objectives. Furthermore, she speaks on how Indian companies should approach CSR and what are the key areas in India that require more CSR contribution.
FY15, the first year of compliance with the Companies Act 2013, has seen CSR spending among the top IT companies increase by nearly 5 times. Anil Misquith, Operating Partner at Samhita, talks to Mint about the challenges of scaling up CSR programs.
John Kluge, co-founder and chief disruption officer of Toilet Hackers was in Delhi recently for a convening on Clean India: Stimulating Behavior Change and Usage where Samhita was the resource partner. In an interview with Business Standard, John talks about the problem of sanitation and how it can be tackled.
With the first full fiscal year of CSR compliance drawing to a close, there is much debate amongst organizations about what actually qualifies as CSR activity. Noshir Dadrawala CEO of CAP and Advisor at Samhita Social Ventures, talks to Mint about what qualifies as CSR (and more importantly) what doesn’t.
According to the data secured from the ministry of road transport and highways, one road death occurs every 3.7 minutes on Indian roads. Taking this into account auto makers have now been spending a substantial part of their charity directed at improving road safety.
Samhita Social Ventures was the resource partner for a convening on stimulating behavior change and usage for sanitation organized by the University of Chicago Centre in New Delhi in partnership with the University of Chicago, Booth School of Business’s Social Enterprise Initiative and nonprofit Toilet Hackers.
Indians want a Swachh Bharat. But what has the campaign really achieved at this point?
Samhita’s Director, Luis Miranda, writes about his issues with the Swachh Bharat campaign in his Forbes India blog.
The introduction of the Swachh Bharat campaign, has seen massive investment from philanthropists, donor organizations and companies. However, the focus remains on building toilets at the expense of other issues like garbage disposal and waste management. Samhita’s Founder and Joint MD Priya Naik, talks to Mint about the lack of CSR interest in waste management […]