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Corporate social responsibility: A case study of SBI foundation.

Authors :
Syed, Shaik Mahaboob
Poojitha, Sabbineni
Vidyadhari, M. Sri Vani
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