Top 100 firms in the country spent a mere 4% of their total expenditure on corporate social responsibility (CSR) activities on women’s economic empowerment, according to a new report by United Nations Development Programme India prepared.
The study titled ‘Corporate Engagement in Women’s Economic Empowerment’ maps the efforts and initiatives of BSE 100 companies towards economic empowerment of women, identifies gaps and makes recommendations on how companies can work towards a more gender equitable India. The report has been prepared in partnership with a CSR consulting firm, Samhita.
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It shows that the top 100 companies reported a total expenditure of ₹423.84 crore on women’s empowerment and ₹250.62 crore on their economic empowerment out of the total ₹6,314.30 crore spent on CSR activities in financial year 2017-2018 . The average median per company was ₹1.97 crore.
Source: The Hindu
