This Week: Corporate Social Responsibility News Aug 12-19

The following releases focus on Corporate Social Responsibility and moved during the week of August 12, 2015 – August 19, 2015.

TACOMA, Wash. -- Give an Hour Receives $1.6 Million from United Health Foundation to Support Mental Health Care for Military Service Members Source: United Health Foundation

HOUSTON -- NAPE Partners Donate $100,000 to IPAA Educational Foundation Source: NAPE

APOPKA, Fla. -- Sam’s Club Set to Open in Apopka Thursday Source: Sam’s Club

MEMPHIS, Tenn. -- Axalta Coating Systems and Ducks Unlimited paint a bright future for wetlands Source: Axalta Coating Systems and Ducks Unlimited, Inc.

NEW YORK -- American Express Announces Grant to the Student Conservation Association to Help Preserve More Than 200,000 Acres of Parkland as Part of the Find Your Park Movement Source: American Express

BOULDER, Colo. -- Aurora Organic Dairy Publishes 2015 Corporate Citizenship Report, Progress Made toward Baseline Year Goals Source: Aurora Organic Dairy

DENVER & MONTREAL -- Molson Coors Releases ‘Our Beer Print’ Corporate Responsibility Report Source: Molson Coors Brewing Company

CHICAGO -- 100,000 Opportunities Initiative Launches in Chicago with More than 4,000 Participants and 600 Immediate Job Offers to Young People Source: Schultz Family Foundation

AUSTIN, Minn. -- Hormel Foods Awards First International Winner for Its Environmental Sustainability Best of the Best Award Source: Hormel Foods Corporation

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FIITJEE Conducts FORTUNATE 40

FIITJEE Conducts FORTUNATE 40 to help economically deprived IIT aspirants
 A Social Initiative by FIITJEE to help the economically deprived


Test Date – 8th February 2015 (Sunday)
No Registration Fee
For meritorious students studying in Class VIII (going to IX) & Class X (going to XI); whose total parental income is below Rs. 10,000/- per month


Delhi, 8 Jan, 2015: FIITJEE, the country’s premier institute for IIT-JEE training, will conduct a nation-wide examination on February 8 to select 40 underprivileged but highly meritorious students who will be groomed and tutored for free by the institution for entrance to India’s most reputed engineering colleges.



The “FORTUNATE 40” examination will be held across designated test centres in India for all students studying in class VIII and X, who aspire to make it to IIT-JEE in the year 2019 & 2017 respectively, but do not have the financial resources to afford an effective coaching institution.



The selected 40, who show potential for doing well in the field, will be taken under the wing of FIITJEE, an organization which sends a large number of students to IITs and other prestigious engineering colleges of India every year.


While students from a cross section of society aspire to make it to the IITs, it is not an easy exercise. Having the intellectual capability and potential is not enough as cracking JEE also requires a rigorous training and guidance. Students from economically less fortunate backgrounds often fail to avail the benefits of such coaching programmes.


Keeping in mind the aspirations of such students, FIITJEE being a social responsibility-conscious organization, designed the FORTUNATE 40 programme in 2008. It’s a program exclusively created to provide world-class training to serious students from financially weaker backgrounds and enthuse them to achieve their goal of success & top ranks in IIT-JEE and other competitive exams.


This program will select and financially support those capable students presently studying in class VIII (going to IX) & class X (going to XI) whose total parental income is below Rs.10, 000/- per month. FIITJEE will support these meritorious students in their preparation for achieving their dream goals by awarding 100% scholarships for FIITJEE programs & 100% waivers on hostel charges.


“Talent and potential is not exclusive to the elite sections of the society. Every child with potential should be given a level playing field in competition. IITs are India’s foremost intellectual institutions and the best talents from this cross section of society also deserve their due place in them. Our FORTUNATE 40 programme is designed to propel into the big league 40 such students who might get lost in absence of essential guidance and training. Over the past few years, many of these students nurtured by us have created new benchmarks of success and have made us immensely proud,” says Mr. R L Trikha, Director, FIITJEE.


The selection test will be conducted at the centres in Delhi (South Delhi, Punjabi Bagh, Dwarka &; East Delhi), Delhi NCR (Faridabad, Ghaziabad, Gurgaon & Noida), Amritsar, Anantapur, Bangalore, Bhilai, Bhopal, Bhubaneswar, Bokaro, Chandigarh, Chennai, Dhanbad, Durgapur, Hyderabad, Indore, Jaipur, Kalpakkamm, Kanpur, Karimnagar, Khammam, Kolkata, Kurnool, Lucknow, Mumbai, Nagpur, Netarhat, Patna, Pune, Ramgarh, Ranchi, Shaktinagar NTPC, Trichy, Vadodara, Varanasi & Visakhapatnam.


The last date to apply for test is 1st February 2015 (Sunday) and there will be no registration fee for this selection test. To be eligible for the FORTUNATE 40 batch, students have to clear the individual subject cut-offs & also the grand total cut-off.

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Business Model: Corporate Social Responsibility

Corporate social responsibility (CSR) is the best business model for success in the mixed economies like India. The role of corporate is not only to earn profit but also to serve the society through its self regulated –corporate social responsibility. It has been part of business over many decades.

The contribution through the CSR could bring many changes in the society, and could prove bliss for the poor people. The high rise buildings, highly skilled staff, and corporate cultures too think about the society, it is not that they have been only earning profit.

There are many multi-national companies run major CSR programs and have been successful too in their bid for the improvement in the society and addressing social evil.

No the article is not aimed to praise the corporate but to encourage their active participation in CSR. For a better society, there is need of better business model and success stories.

These are possible if the companies would be social accountable towards the development of the society. Many do follow the CSR as the best business model, why not, if you want to do business in a society and the company or business not a part of the society itself.

The social, cultural activities from a corporate would have positive impact on its human resources, that those are associated with the policies would consider their significance and role in the development.

The CSR is not only applicable for the external affairs in terms of development, but this will help to have a conducing and strong work environment inside too.

Here are the some of the major companies started the CRS:

Renault

Renault has long been aware of its own social responsibility to its employees, its customers and the planet, and has actively taken this responsibility for many years. The creation of the Corporate Social Responsibility Department (DRSE) in May 2009 represents the continuation of this policy.

Indian Oil

At Indian Oil, corporate social responsibility (CSR) has been the cornerstone of success right from inception in the year 1964. The Corporation’s objectives in this key performance area are enshrined in its Mission statement: "…to help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience.

Cognizant

At Cognizant, we know that we cannot prepare any business — our clients’ or our own — for the future of work without also considering the future of our society and our planet. It is our responsibility to apply our collective knowledge, talent and energies to the challenges we all face in our workplace, our communities and our environment.

MphasiS

Corporate Social Responsibility (CSR) at MphasiS strives to build bridges between: the company and the communities we live in; our employees and social issues and our skills and society's needs

Bharat Petroleum Corporation Limited

BPCL mentioned “We are a Model Corporate Entity with Social Responsibility. Build a Powerful Partnership with Society for ‘Sustainable Development’”

Leela Palaces, Hotels and Resorts

The Leela Palaces, Hotels and Resorts is committed towards prevention of pollution and continual improvement in environmental performance by controlling the impact of activities, products and services on the Environment.

There are many companies, corporate and industries having best CSR policies in practice for the development of the society. And they have been contributing much more in form of taxes also. CSR has been the best business model to follow.

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