Latest news with #CorporateSocialResponsibility
Deccan Herald
14 hours ago
- Business
- Deccan Herald
DK Shivakumar flags 'illegal' CSR donation practice by corporates in Karnataka
The Deputy CM was taking stock of the progress on building 500 model Karnataka Public Schools (KPS) using Corporate Social Responsibility (CSR) funds, which is his pet project.
Hindustan Times
2 days ago
- Business
- Hindustan Times
Scheme enabling pvt entities to be part of green initiatives gets Himachal govt nod
Himachal Pradesh government has recently approved to launch Mukhya Mantri Green Adoption Yojna to involve the private sector under Corporate Social Responsibility (CSR) towards environmental sustainability, a state government spokesperson said on Thursday. Chief minister (CM) Sukhvinder Singh Sukhu has specially mentioned this scheme in his budget speech for 2025-26 fiscal year. A spokesperson of the state government said that this would enable private entities to participate financially and engage directly in the ecological restoration of specific degraded forest sites. Under the scheme, the forest department will sign a memorandum of understanding (MoU) with the private entrepreneurs for a period of five years, the spokesperson added. The MoU would have all details, including approved budget, cost of plantation, maintenance, protection, soil/moisture conservation, fencing and other approved activities. He said that the aim of this initiative is to increase the state's actual forest area through plantations on degraded forest lands. The spokesperson said that community involvement was a cornerstone of sustainable forest management. Adopting private entities would encourage the integration of local communities in the project, providing employment opportunities in activities such as site preparation, planting, watering, weeding and acting as chowkidars for protection. He said that local institutions like mahila mandals, yuvak mandals, self help groups and panchayat representatives would foster ownership and long term protection of the planted areas thereby ensuring livelihoods to the locals.
The Hindu
3 days ago
- Business
- The Hindu
Ride along Vizag Beach Road on double-decker bus to be a reality soon
Ever dreamt of travelling along the scenic Beach Road from RK Beach to Bheemunipatnam in a double-decker open-top bus, covering the pristine coastline on one side and lush green hills on the other? Well, it may become a reality soon as the Greater Visakhapatnam Smart City Corporation Limited (GVSCCL), in collaboration with the Tourism Department, is planning to introduce double-decker bus services, covering key tourist hotspots in Visakhapatnam. The Ashok Leyland Group donated a double-decker bus to the Andhra Pradesh government to promote tourism in the State. IT and HRD Minister Nara Lokesh has ensured that the bus is allocated to Visakhapatnam, recognising the strong tourism potential of the city. Tender floated Building on this, the GVSCCL, with the support of the Tourism Department, is planning to procure two more double-decker buses by using the Corporate Social Responsibility (CSR) funds. Tenders (Request for Proposal) have already been floated for this purpose and the last date for accepting the proposals is May 31. Chief Engineer G. Siva Prasad Raju states that the new service will operate on a 'hop-on, hop-off' model, providing tourists with an innovative and flexible way to explore the city's tourist attractions. 'For example, a tourist can board the bus at RK Beach and get off at Tenneti Park to spend some time there and hop onto another bus to reach Rushikonda. The buses will operate on a circuit, with high frequency to suit passengers' needs, allowing tourists to explore the city at their own pace,' he explains. Of the three proposed bus services, two will feature closed-top decks, while one will have an open-top design. The decision has been taken, keeping in the view of the local weather conditions and preferences of tourists. The authorities are yet to finalise the routes and fare structures. The initial plan focuses on the Beach Road stretch from RK Beach to Bheemunipatnam, which features a string of tourist spots including Kursura Submarine Museum, Visakha Museum, Kailasagiri Ropeway, Tenneti Park, Jodugullapalem View Point, Rushikonda Beach, and Erra Matti Dibbalu. Future expansions may include other popular locations such as the Simhachalam temple and One Town.
Associated Press
5 days ago
- Business
- Associated Press
PSEG Foundation & Corporate Social Responsibility Manager, Maria Spina, Recognized as a 2025 Innovate100 Honoree!
Congratulations to Maria Spina, manager of our PSEG Foundation & Corporate Social Responsibility, who has been recognized as a 2025 Innovate100 honoree! Through her leadership, Maria has helped build lasting partnerships and programs that uplift our communities and expand access to opportunity. We're grateful to have her on our team – and proud to see her impact recognized. Congratulations, Maria! View original content here
Korea Herald
5 days ago
- Business
- Korea Herald
PU Prime Drives Coastal Restoration Efforts in Thailand
SINGAPORE, May 26, 2025 /PRNewswire/ -- PU Prime, a globally recognised financial services provider, has reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles through a Corporate Social Responsibility (CSR) initiative at the Air and Coastal Defense Command of the Royal Thai Navy (RTN) in Sattahip, Thailand. Held on 22 May 2025, this one-day program focused on restoring coastal ecosystems through three key environmental activities: beach cleanup, mangrove seedling planting, and crab release. As part of PU Prime's ESG framework, the initiative was structured around three key environmental activities designed to contribute meaningfully to the restoration and preservation of coastal ecosystems. Each activity was selected for its ecological relevance and alignment with regional sustainability goals. 1. Beach Cleanup The beach cleanup activity targeted the removal of marine debris and non-biodegradable waste, such as plastic bottles, fishing nets, rope, and other litter found along Sattahip's shoreline. These pollutants are a growing concern due to their detrimental impact on marine life. Sea turtles, fish, and dolphins are often endangered by such waste, risking entanglement or ingestion that can result in injury or death. By removing this waste, the initiative not only improved the local environment but also contributed to the global fight against marine pollution and microplastics. This cleanup effort also highlighted the power of community-driven conservation and the responsibility businesses have in safeguarding biodiversity. It sent a strong message about the importance of collective action in preserving marine habitats and preventing further environmental degradation. 2. Mangrove Seedling Cultivation Another significant part of the initiative involved the planting of Avicennia marina, a species of mangrove well-suited to coastal and brackish environments. Mangroves serve as crucial coastal buffers, protecting shorelines from erosion, storm surges, and saltwater intrusion. They also provide shelter and breeding grounds for a wide range of marine and terrestrial species. By planting mangrove seedlings, PU Prime not only supported biodiversity but also contributed to climate mitigation. Mangrove forests are known for their exceptional capacity to sequester carbon, helping absorb atmospheric CO₂. The initiative further educated participants on the ecological, social, and economic value of mangroves—essential ecosystems that support local fisheries, sustain coastal livelihoods, and bolster eco-tourism. 3. Crab Release The crab release component involved the careful reintroduction of native crab species into their natural habitat. This effort was aimed at supporting the regeneration of local marine populations, maintaining ecological balance, and strengthening food web dynamics in the area. Crabs play an essential role in benthic ecosystems by recycling nutrients, aerating sediments, and serving as prey for larger species. The release was carried out in collaboration with local environmental coordinators to ensure that species selection and handling adhered to best practices in marine conservation. This activity, while symbolic, formed a tangible part of PU Prime's effort to promote sustainable marine ecosystems and enhance local biodiversity. A Broader ESG Vision PU Prime ensured the initiative was well-supported with logistical planning, including transportation, facilitators, necessary equipment, and refreshments. Activities were conducted in line with local environmental guidelines, ensuring minimal disruption and lasting positive impact. This CSR program illustrates PU Prime's broader ESG vision—one that prioritises sustainable practices, ethical leadership, and social responsibility. As the company expands its global footprint, it remains dedicated to initiatives that deliver long-term environmental and societal benefits, reinforcing the belief that sustainability is vital to building a better future for all. About PU Prime Founded in 2015, PU Prime is a leading global fintech company providing innovative online trading solutions. Today, we offer regulated financial products across various asset classes, including forex, commodities, indices, and shares. Committed to providing advanced technology and educational resources, PU Prime supports traders and investors at every stage, from beginner to professional. With a presence in over 200 countries and exceeding 40 million app downloads, PU Prime is dedicated to enabling financial success and fostering a global community of empowered traders. Discover PU Prime's latest promotions and join us for a fruitful trading journey today.
