Review Paper- “CSR ACTIVITY BY TATA GROUP”

In recent years, a growing number of companies are adopting various corporate social responsibility (CSR) initiatives – the voluntary incorporation of social and environmental issues into a company’s business model and operations in an attempt to meet the needs and expectations of a range of stakeholders, including but not confined to the company’s shareholders. Meanwhile, numerous information intermediaries have been established to gather and make publicly available information about these CSR initiatives – what is termed as “CSR ratings” or “CSR scores” – thus rating and ranking corporations across several dimensions of environmental, social, and corporate governance performance. Not only information intermediaries, but also a number of voluntary reporting standards have emerged to enable these information intermediaries to standardize the way they disclose their CSR ratings. Therefore, CSR scores have increasingly become more credible but also more easily comparable across industries and geographies.