Thursday, August 27, 2015

Amnesty International India (AI India) and IIMA Alumni Association, Bangalore are proud to present a discussion on Broadening CSR: How businesses can promote human rights and business principles on Aug 29th 2015 at Royal Orchid, Old Airport Road, Next to KGA, Bangalore

Amnesty International India (AI India) and IIMA Alumni Association, Bangalore are proud to present a discussion on Broadening CSR: How businesses can promote human rights and business principles on Aug 29th 2015 at Royal Orchid, Old Airport Road, Next to KGA, Bangalore
The Companies Act 2013 had introduced a new provision requiring companies meeting certain parameters to invest in and promote Corporate Social Responsibility. Simultaneously the Act had also tightened the provisions for Corporate Governance and Internal Controls in running a business. Other regulatory bodies have followed in tandem: The top 100 listed businesses in India have been mandated by the Securities and Exchange Board of India to include ‘Business Responsibility Reports’ as part of their annual reports in line with the National Voluntary Guidelines for Social, Environmental and Economic Responsibilities of Business (NVGs) issued by the Ministry of Corporate Affairs in 2011. Following these measures, there has been a general trend in increasing focus on CSR with a reported spend of about Rs 7000-8000 Crores in the first year of operation (2014-15) of the provision. We hope that this companies will go further in thinking beyond bottom lines towards sustainable development and triple bottom line approach as is becoming the norm in the Global Reporting Initiative of G4. India presently has 17.5 % of the world’s population contributing to just about 3 % of the world’s GDP and is set to become the 3rd largest economy by 2030 ( it is already the 3rd largest in terms of PPP) and the world’s most populous country in 2022 ( with the world’s largest workforce). A new development structure with an inclusive growth is an imperative and the need of the hour: 
The IIMA Alumni Association, Bangalore had looked beyond the narrow Companies Act definition of CSR in our last workshop: we looked at how businesses could expand into socially inclusive initiatives within their own activities This workshop had a tremendous response and there was a felt need at its conclusion that there should be many more of this kind.
The current workshop once again looks beyond CSR as defined in the Act with a focus on ethics and corporate governance, drawing on the UN Guiding Principles on Business and Human Rights (BHR) that provides a roadmap of the actions that governments and businesses must take to prevent business-related human rights abuse and to provide effective remedy and justice. As India begins to implement an ambitious new plan to increase manufacturing and boost foreign investment, there is an urgent need to develop and implement adequate frameworks to address issues related to the responsibility of businesses to be socially responsible and respect human rights in their work

The workshop has been designed with the following sub themes: 

1) CSR and fundamental rights: How the concept of corporate social responsibility can encompass respect for human values in a company's operations

Conversations around corporate social responsibility usually center around how companies spend 2 per cent of their net profits on social work or charity. But business responsibility must go beyond what a company does with its profits to how it actually makes those profits too.

2) Human rights makes good business sense: Why respecting human rights can increase predictability, reduce litigation and delays, and enhance reputation

 Human rights and ease of business are often wrongly positioned as contrary objectives. However respect for human rights can have several benefits for companies, which can be linked to their profitability. 
3) Business integrity and due diligence: How companies can ensure that their operations show due respect for human values and enable good governance
Businesses can take several preventive steps to ensure that they do not contribute to corruption and human rights abuses, including by assessing actual and potential impacts, acting upon findings, tracking responses, and communicating how impacts are addressed.
4) Role of academia: What role can academia play in enabling companies to fulfill their rights and responsibilities?
What should a responsible business do to ensure that it does not commit, contribute to or benefit from human rights abuses? Little research exists on how questions like these can be answered, partly because of a lack of sustained rigorous examination of the intersection of business and human rights by academia.
The workshop will have some very illustrious speakers who have excelled in the areas of CSR / Academia and Business. Senior company representatives, CSR practitioners, social activists and academics are expected to attend the knowledge sharing and interactive workshop.
Who Should Attend?
1)     Middle and senior executives from Corporates who wish to understand more about Human Rights and the interplay with Business.
2)     Social activists engaged in the area of Human Rights , CSR and corporate governance
3)     Academicians interested in the area of Human Rights / CSR/corporate governance from a perspective of teaching and research
4)     Non Profit Organisations in these areas who would like to gain more understanding in the area and network with Corporates
Objectives
1)     To introduce BHR and its need in organisations
2)     To look at BHR in the organisation (including the backward and forward linkages), the society and the environment

3)     To plan for possible strategic action in BHR and interweaving these actions with the CSR programmes

Amnesty International and the IIM Ahmedabad Alumni Association (Bangalore chapter) are jointly conducting a seminar on Broadening CSR: How businesses can promote human rights and business principles. The discussion, led by eminent speakers and activists, will be focused on how business can proactively promote the cause of respect of human rights as a part of their organizational CSR initiatives. The confirmed speakers/panelists apart from Prof Satish Deodar are: Prof Samuel Paul (former Director, IIMA), Prof Satish Deodar ( IIMA faculty and expert on CSR and sustainability ),V. Ravichander (an IIMA Alumni and Civil expert), Aaker Patel (columnist, writer and ED of Amnesty International, India) , Sudeep Chakravarthi (a leading commentator on Business & Human Rights) , Dr Hardeep Kaur,( an expert on BHR), Saeed Mirza,( noted filmmaker)  and K Jairaj ( former Addl Chief Secretary, Govt of Karnataka and Chairman BMS Institute of Technology & Management).”

Seminar date:  29th August 2015: 9.30 AM to 2.00 PM. Lunch and Networking after the Seminar.
Venue: Royal Orchid Hotel, Old Airport Road, Next to KGA, Bangalore
Cost: Early Bird Registration – INR 1500 (until 27th Aug 2015).
Event details and registration at: http://iimacsr.doattend.com/
 Contact - S.Viswanathan : sv@kentreeglobal.com OR Rupali Babu: rupali.babu@amnesty.co.in
 Who should attend?
  1.  Senior and middle executives from corporates who wish to understand more about Human Rights and the interplay with Business.
  2. Executives and Management responsible for CSR initiatives of the organization 
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