GLOBAL CSR LEADERSHIP SUMMIT AND AWARDS 2010

India has 1.27 lakh millionaires in 2009, a rise of 50.9 %. HNWI (high net worth individual) are defined as those having investible assets of $ 1 million or more. Hongkong topped the global growth in HNWI followed by India.

India is home to more than 1 billion people. A walk down one of Mumbai's streets will reveal contradictory scenes of amazing affluence and heartrending poverty; India has the world's largest disparity between the rich and the poor.Most affected by poverty and social inequality are India's more than 445 million children, 25.7 million of whom are orphans. India's orphaned children can be found on the streets, in under funded institutions and, in cases where one parent is still alive, in their home where they take over the deceased parent's role.Orphans who remain in their homes generally have to leave school to take care of the house work or find jobs, including migrant work. ......read more

WHY GLOBAL CSR SUMMIT?

For companies that are active worldwide, sustainability is a global responsibility. It cannot be separated from everyday business and is not simply a marketing tool. We in the pharmaceutical industry appreciate that our operations have environmental effects and impact society at the local, national and international level – and sustainability is consequently the duty of every employee from every business area. Corporate social responsibility (CSR) is becoming a bigger priority to organizations in Asia Pacific. Companies today must look beyond profit objectives and be mindful of the non-economic impact of their operations. While CSR is not a new concept or practice, actual initiatives in the region are still at its infancy. Where CSR was viewed as a non-revenue generating activity by some corporations, many others that have ingrained CSR as part of their organizational culture and business initiative are reaping the benefits in both monetary and non monetary terms such as enhanced goodwill,..... read more