Corporate social responsibility practices of selected power & electricity sector companies in India

Corporate Social Responsibility (CSR) is a continuing commitment of business towards society for economic development & for improving the quality of life of the workforce & their families as well as of local community. CSR is treated as a vehicle through which companies give something back to the society. This paper is an attempt to explore CSR initiatives & Sustainable Development practices of selected power sector companies in India.

For this purpose 4companies (2 public sectors& 2 private sectors) are selected from power & electricity sector in India. Data has been collected from websites, annual reports, sustainability reports & case studies of selected companies. Appropriate statistical tools (mean, Rank etc.) have been used.

The findings of this study deliver avision about the CSR practices and fund allocation for CSR & Sustainable development by selected companies on the basis of parameters given by Ministry of Corporate Affairs India. All these companies are doing well in relation to CSR initiatives but there are some suggestions regarding better CSR initiatives.

Main limitation of this study is that it is based only on the one year data i.e. 2012–13 given in annual reports and sustainability reports of selected companies.