During a global survey held in November 2022, ** percent of respondents stated that corporate businesses were not doing enough for climate change in 2022. At the same time, ** percent of respondents said that corporations did not do enough for the economic inequality and energy shortages. In contrast, only **** percent of global consumers said that businesses are overstepping on the issue of trustworthy information.
In financial year 2023, initiatives involving education, ***************************************** made up the highest value within corporate social responsibility in India. The Indian government has mandated corporate social responsibility (CSR) for various multinational Indian companies under the Enactment of Companies Act, 2013. Companies undertake various CSR projects to attain sustainability goals that contribute toward nation building.
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This survey data (collected in June 2024) is completely anonymous, and all information should be used for academic research only.
It covers Corporate Social Responsibility related questions and distributed to participants via Wenjuanxing, on online survey questionnaire website. The construction of this questionnaire follows the principles of clarity, simplicity, and understandability in order to enable respondents to have appropriate expressions of views and attitudes. The target sample for this study involves consumers aged between 18 and 60 years, comprising different segments of age, income level, and social responsibility awareness.
Each column stands for one question. All answers could help to may help to more comprehensively understand the difference in the effectiveness of different activities regarding CSR in China.
In financial year 2023, ***************************** (PSU) companies in India reported the highest value of spending on corporate social responsibility (CSR). The Indian government has mandated corporate social responsibility (CSR) for various multinational Indian companies under the Enactment of Companies Act, 2013. Companies undertake various CSR projects to attain sustainability goals that contribute toward nation building.
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The dataset contains year-, state-, district- and company-wise compiled data on the different types of projects in different sectors taken up through Corporate Social Responsibility (CSR) funds, the total outlay and spent amount. The different types of sectors in which csr projects were taken up include Education, Environment, Forest, Health, Eradication of Poverty, Malnutrition, Animal Welfare, Vocational skills, Sanitation and drinking water, Livelihood enhancement, Rural development, Setting up orphanages, Slum development, Prime Minister's National Relief Fund, Swachh Bharat, etc.
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The dataset contains year- and company-wise compiled data on total amount of money spent under Corporate Social Responsibility (CSR) by companies registered under it.
Note:
Year-wise count of companies in this dataset may not match with that of the original source as the duplicate entries for each year were removed in this dataset. The original source had duplicate rows for hundreds of companies.
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The dataset contains year- and state-wise compiled data on the total amount of money spent under Corporate Social Responsibility (CSR)
Notes:
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The dataset contains year- and company-wise the average yearly net profit earned by each company, the Corporate Social Responsibility (CSR) amount prescribed, the total amount spent on csr projects in both local and other areas.
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This statistic shows the importance French coffee consumer gave to different aspects of corporate social responsibility (CSR) in their coffee purchase choices in 2018. The origin of coffee and the remuneration of coffee producers - with ** percent and ** percent of responses, respectively - were the most important elements for consumers when buying coffee .
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Global CSR software market was valued at USD 828.5 million in 2022 and will reach USD 1750.2 million by 2030, registering a CAGR of 9.8% for the forecast period 2023-2030. Factors affecting the CSR software Market Growth:
The rising awareness and adoption of CSR practices in an emerging market are driving the CSR software market
Significant prospects exist for CSR software suppliers as a result of the rising awareness and implementation of CSR principles in emerging regions. The need for CSR software solutions is anticipated to increase as firms in these regions work to improve their sustainability performance. It is becoming more popular to incorporate Environmental, Social, and Governance (ESG) considerations when making investment decisions. This has offered CSR software providers the chance to meet the demands of investors and financial institutions looking for ESG data and reporting capabilities. Hence boosts the market expansion.
Maintenance and implementation costs associated with CSR software are hampering the market growth
The CSR software requires high maintenance as well as implementation cost due to which it is hampering the market growth. This can be mostly affected by small and medium-sized enterprises as they are not affordable to buy this software due to high cost. Moreover, the high upfront investment as well as the ongoing expenses may also restrain their adoption of CSR software.
Impact of the COVID-19 Pandemic on the CSR software market:
Since the lockdown brought more attention to the value of corporate responsibility, sustainability, and ethical business practices, the COVID-19 pandemic had a positive impact on the corporate social responsibility software sector. During the pandemic, working from home became the norm for the majority of enterprises, which increased the demand for digital solutions to manage CSR initiatives. As a result, CSR software offers a crucial monitoring tool for evaluating and assessing the effects of actions like supply chain management, especially in the areas of worker safety, human rights, and environmental sustainability. What is CSR software?
CSR refers to the market for software products made to help businesses plan, carry out, monitor, and report on their Corporate Social Responsibility (CSR) and sustainability efforts. Businesses can manage and track their social, environmental, and ethical performance more efficiently by using CSR software to automate and streamline their CSR activities. CSR software offers a range of features and functions like data collection, stakeholder engagement, analysis, reporting, and impact assessment. Key CSR parameters like carbon emissions, energy use, waste management, community development, employee engagement, and supply chain sustainability may be measured and managed more easily with the help of these software tools. This software gives businesses the flexibility to set objectives, track their progress, and produce in-depth reports that show their dedication to CSR and sustainability.
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The CSR package encompasses data on corporate social responsibility activities mandated by the Companies Act of 2013. This dataset details CSR expenditures by eligible companies based on net worth, turnover, or profitability criteria, ensuring at least 2% of their average net profits over the preceding three years are allocated to CSR initiatives. It covers diverse areas such as education, healthcare, poverty alleviation, and environmental sustainability. This dataset reflects Himachal Pradesh's corporate contributions to community development, aligning with legal obligations and fostering socio-economic growth in the region.
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The dataset contains year- and state-wise compiled data on the names of the companies which have been registered under Corporate Social Responsibility (CSR) by their registration location (roc), the class to which they belong i.e. unlisted (private) and listed (public), etc and by type of their ownership i.e., government, etc.
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This record contains the underlying data/supplementary materials/appendix for the publication "Socially responsible firms" published in Journal of Financial Economics in 2016.
The corporate social responsible (CSR) investments of Deutsche Bank peaked in 2019, when the investments for their various CSR programs reached **** million euros. The investment value dropped in 2020, to a lower level than in both 2018 and 2019, of **** million euros. In 2022, the value of CSR investments increased compared to the previous year, but has not reached the value registered in 2019.
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ABSTRACT With the increased use of the internet, social networks have acted as a relationship channel between consumers and companies. This paper aims to analyze the communication between an organization and its customers in a Brazilian online community, based on corporate social responsibility (CSR) criteria VBA model, which is composed of the elements of value, balance, and accountability. Netnography was applied to the Facebook fan page of a company brand that manufactures and sells coffee machines and capsules. The results demonstrated that the elements of the VBA model do not meet the expected criteria in the social network analyzed, showing a discrepancy between what the organization intends to deliver and what is delivered to customers. These findings have implications for the theory and practice of organizations, broadening the discussion about CSR practices and consumer behavior. It also highlighted the need to investigate deeply the constructs that built the VBA Model contributing to develop the field.
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The Corporate Social Responsibility (CSR) Software market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 2.8 billion by 2032, reflecting a robust CAGR of around 9.8% during the forecast period. This growth is primarily driven by the increasing emphasis on sustainable business practices and the rising importance of transparent corporate governance. As businesses across the globe are becoming more socially conscious, the need for CSR software that enables organizations to effectively manage and report their CSR activities has never been more pressing. This trend is further amplified by regulatory pressures and the growing demand from stakeholders for businesses to demonstrate their commitment to corporate social responsibility.
One of the key growth factors for the CSR software market is the expanding regulatory requirements imposed on corporations to uphold ethical practices. Governments worldwide are instituting stringent guidelines that mandate companies to disclose their social and environmental impact, thereby necessitating the adoption of sophisticated software solutions to track and report these metrics accurately. Moreover, as the public becomes increasingly aware of corporate footprints, companies are under pressure to not only comply with regulations but to exceed them, cultivating a culture of accountability and transparency. This regulatory landscape presents a unique opportunity for CSR software vendors to expand their market presence by offering solutions that simplify compliance management for organizations.
Another significant driver is the evolution of consumer preferences towards brands that exhibit responsible corporate behavior. Modern consumers, especially millennials and Gen Z, are more inclined to support businesses that align with their values concerning social justice, environmental sustainability, and ethical governance. This shift in consumer attitude has prompted companies to invest in CSR initiatives to build brand loyalty and enhance their market reputation. Consequently, organizations are deploying CSR software to streamline their initiatives, monitor progress, and effectively communicate their achievements to both internal and external stakeholders, thereby fostering a positive brand image and gaining competitive advantage in the marketplace.
Furthermore, the integration of advanced technologies such as AI and data analytics in CSR software is empowering businesses to derive actionable insights from their CSR activities. These technologies allow organizations to measure the impact of their initiatives more accurately and efficiently, facilitating strategic decision-making processes. Additionally, the use of cloud-based platforms is enhancing the accessibility and scalability of CSR software, enabling companies of all sizes to adopt these solutions without significant infrastructure investments. This technological advancement is expected to drive the market further as it offers seamless integration with existing systems and provides real-time visibility into CSR performance metrics.
Regionally, North America is anticipated to dominate the CSR software market, driven by the presence of major technology providers and a strong focus on sustainable business practices. Meanwhile, Europe is expected to witness significant growth due to stringent regulatory frameworks and heightened awareness around environmental and social issues. The Asia Pacific region presents lucrative opportunities as well, with rapid economic growth and increased adoption of CSR initiatives by businesses seeking to enhance their global competitiveness. Emerging markets in Latin America and the Middle East & Africa are also gradually recognizing the value of CSR software, providing a promising outlook for market expansion in these regions.
The CSR software market can be categorized by deployment type into cloud-based and on-premises solutions, each exhibiting distinct advantages and challenges. Cloud-based CSR software is gaining traction due to its flexibility, scalability, and cost-effectiveness. Companies, especially small and medium enterprises (SMEs), are gravitating towards cloud solutions as they offer lower upfront costs and the ability to scale resources according to business needs. The cloud model facilitates remote access to data and real-time collaboration, which is particularly beneficial for organizations with distributed teams. Moreover, cloud-based solutions simplify software maintenance and updates, as they are managed by the service provider, allowing companies to
In a survey conducted from June to August 2021 in Japan, approximately ** percent of the companies, which engaged in corporate social responsibility (CSR), stated that they recognized some positive impacts on the companies through to CSR activities. The majority of the companies, which responded that they recognized positive impacts, stated that the activities improved their image.
This repository contains data and code for the cumulative dissertation titled "Essays on Corporate Social Responsibility - Performance, Risk, and Value" at the University of St.Gallen (HSG). The dissertation was submitted in July 2020. The dissertation consists of three essays: Corporate Social Performance and Earnings Quality: The Role of Materiality (Fauser, Daniel V. (2019) Corporate Social Performance and Earnings Quality: The Role of Materiality. Journal of Environmental Law and Policy, 2019 (02). 127-160. ISSN 0931-0983) Risk Mitigation of Corporate Social Performance in US Class Action Lawsuits (Under review at the Financial Analysts Journal) Corporate Social Irresponsibility and Credit Risk Prediction: A Machine Learning Approach (Under review at the journal Credit and Capital Markets)
During a late 2022 survey conducted among marketers worldwide, ** percent of respondents said they planned to invest in social responsibility in 2023. This marked an increase from the ** percent of respondents who stated that they planned to do so in 2022.
This statistic displays the importance of Corporate Social Responsibility (CSR) to companies in Belgium in 2018 and 2019. Professionals working in different fields were asked to what extent they agreed with the statement: "CSR is a necessity to survive in this changing world". Of the respondents working in SME in Belgium, just under ************** stated to agree or strongly agree with the statement in 2019.
During a global survey held in November 2022, ** percent of respondents stated that corporate businesses were not doing enough for climate change in 2022. At the same time, ** percent of respondents said that corporations did not do enough for the economic inequality and energy shortages. In contrast, only **** percent of global consumers said that businesses are overstepping on the issue of trustworthy information.