Nasscom meet to focus on CSR trends in IT industry
Saturday - December 8, 2018 7:16 pm , Category : BUSINESS
Bengaluru, Dec 8 (IANS) Indian IT industry apex body's social arm Nasscom Foundation will host a conference here on December 10-11 to discuss corporate social responsibility (CSR) trends in IT industry."The CSR Leadership Conference will discuss innovative approaches to CSR and help create a roadmap to a new, developed and inclusive India," the Nasscom Foundation said in a statement here.The conference will see the participation of 300 delegates including industry leaders from IT and business process management sectors, heads of NGOs, policymakers, social innovators and CSR thought leaders."In the five years of the mandated CSR era, India Inc has made progress -- from adoption to the application of the law, and now to alignment to UN's Sustainable Development Goals (SDGs)," the statement said.Section 135 of the Indian Companies Act, 2013 prescribed a mandatory CSR spend of 2 per cent of net profits for companies having net worth of Rs 500 crore or more or a net profit of Rs 5 crore or more during any financial year."This year the conference will go beyond discussing the intervention areas to new developments, innovative tools and disruptive ways of making the ecosystem more impactful and efficient," the Foundation said.Some of the discussion topics will include re-skilling the workforce, environment protection initiatives, collaborative models of CSR, rural development, re-imagining healthcare, employee volunteerism, mapping CSR to SDGs, and science, technology, engineering and mathematics (STEM) education.The meet will witness the participation of global IT firms and organisations including IBM, Intel, Cognizant, Accenture, Atal Innovation Mission and National Skill Development Corp.