Socially responsible investment will help Corporate Social Responsibility (CSR) linking corporate with society. While delivering the key note address at CSR Conclave here at the Indian Institute of Forest Management (IIFM) on Saturday, Visiting Professor of Indian Institute of Science, Bangalore A Mahendra Raju said corporate sector thrives on small investor’s money and they have greater responsibility towards society.
Raju also said that Gandhiji’s concept of trusteeship of wealth by means of trade and industry should also spend for the welfare of community. The wealthy industry is less owner of its wealth than the labourer and community, he added.He further said that making laws and penal punishments will not produce better results but commitment is required for working and spending to fulfill corporate social responsibility.
Chairman, MFP Federation and MlA Vishwas Sarang in his inaugural address said that individual social responsibility should be the first step for fulfilling the corporate social responsibility. Changing the mindset and inculcating social, moral and human values in the citizens for serving the society and nation is needed.
Director IIFM Giridahr Kinhal while welcoming the gathering said that the conclave aims to analyze the framework of an actionable approach for CSR policies and to provide a road for synerzinig the business capital with the social capital. He also said that the climate change is a result of manmade mistakes of polluting environment. The IIFM student community will enrich their knowledge through the deliberations of CSR Experts of the industry and corporate sector.
A Magazine “Communicado” produced by Communication Cell, SAlC, IIFM was released by dignitaries on the occasion. Madhu Verma, SAlC, Chairperson, IIFM and Shravan Kumar, SAlC, Student President also spoke on the occasion.The CSR Conclave 2014 was organized on the theme of “Corporate Social Responsibility: linking corporate and society” by Indian Institute of Forest Management student community.