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Corporate social responsibility: A case study of SBI foundation.
- Source :
-
AIP Conference Proceedings . 2023, Vol. 2821 Issue 1, p1-9. 9p. - Publication Year :
- 2023
-
Abstract
- Corporations and enterprises employ CSR methods to conduct business in an ethical, socially responsible, and growth - enhancing way. Besides profit and expansion, organizations or firms display a concern for the welfare of their stakeholders, workers, shareholders, customers, suppliers, and civil society by assuming responsibility for the effect of their operations. As part of its efforts to promote sustainable development, the Reserve Bank of India has encouraged Indian banks to implement community-based development programmes and begin reporting non-economic activities throughout the course of environmental, social, and financial accounting. Banking giant SBI is a major player in Indian financial markets and is one of the country's most prominent financial institutions. Managing SBI's corporate social responsibility is the duty of the SBI Founda tion. The present studyaims to enlighten the CSR contribution of SBI Foundation towards theIndian society and is based on the secondary data. Researchers used content analysis method for analysis that led to spotlight the CSR projects and schemes of SBI Foundation such as 'SBI Cancer Care', 'Project Eye Care' etc. under the criterion 'Healthcare'. Through the projects 'Gyanshala', 'Bodhshalas' etc. priority was given to quality 'Education'.'Women Empowerment' as one of the targeted criteria was ensured through the project 'Samriddhi'. Apart, SBI Foundation also focused on'Environmental Sustainability' and 'Rural Development'of India toimprove the living and environmental conditions in the needy parts of the country and in turn serve for nation buildi ng. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0094243X
- Volume :
- 2821
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- AIP Conference Proceedings
- Publication Type :
- Conference
- Accession number :
- 173743739
- Full Text :
- https://doi.org/10.1063/5.0158605