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India is the world’s fifth-largest economy and third-largest emitter of carbon. Its pledge to achieve net zero emission by 2070 will contribute substantially to global efforts in limiting global warming. Some of India’s foremost financial institutions risk being left behind in the transition from fossil fuels, and if current patterns of lending continue, India could be […]
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With climate change actively forcing us to rethink the way we conduct business, many companies have responded by announcing net-zero or carbon-neutral commitments by pledging to reduce greenhouse gas emissions and investing in climate action. With a rapidly growing demand for climate action amongst consumers, adopting Environmental, Social and Governance (ESG) measures are now more […]
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The Business Responsibility and Sustainability Report (BRSR) introduced by SEBI in May, 2021 has made it mandatory for the top 1000 listed companies, as per market capitalisation, to disclose ESG-related information starting FY 22-23. This reporting is based on the 9 principles outlined in the ‘National Guidelines on Responsible Conduct’ published by the Ministry of […]
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In the present times, the world has turned to using both cutting-edge technology and Artificial Intelligence (AI) in most facets of life. In the face of this, a call has arisen to use technology and AI to create and improve solutions for social development. Moreover, since technology has permeated almost all daily life, extending it […]
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While ESG practices have steadily increased globally in the past decade, there has also been increasing concerns about greenwashing whereby inaccurate or exaggerated climate friendly claims have been made by companies. India has recently embarked on its ESG reporting journey with SEBI’s Business Responsibility Sustainabiltiy Report, mandatory for top-1000 listed Indian entities by market capitalization. There are no […]
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The COVID-19 pandemic has created another devastation in its wake, viz there has been a massive increase in the number of children who have lost either one or both their parents or their primary caregiver (custodial grandparent/family member) to the virus. While the issue exploded in popular media platforms through hashtags such as #COVIDorphans, real […]
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The COVID pandemic has accelerated the shift to e-learning for schools in India. Virtual classes through video-conferencing tools like Zoom and Skype, online learning software, and even social media apps like Whatsapp have quickly become the norm. However, this shift comes with critical challenges. In India, a significant difference exists between private, government and aided […]
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At SoStakes, we have been working from home since Lockdown 1.0 and have had our hands full. We have been supporting Not-for-Profit partners at the forefront of the fight against COVID-19 in raising CSR funds and also advising our corporate partners in extending support to COVID-19 related responses. The CSR sector has been abuzz as […]
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The topic of Malnutrition has gathered momentum over the last year following the stark figures presented by research findings such as the Comprehensive National Nutrition Survey Report (CNNS) 2016-2018, the Global Hunger Index Report 2019, a report on the state of the world’s children by UNICEF and others. So we decided to take a closer […]
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It’s been five years since the Companies Act made it mandatory for corporates to contribute 2% of their profits to social development. SoStakes has been analysing the CSR trends in India since 2015. The purpose of this article is to analyse the expenditure pattern of the corporates towards CSR activities and understand the direction of […]
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