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Announcing the Karmayog CSR Ratings of the largest 500 Indian Companies 2009

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  • karmayog.org
    Date: 31st March 2010 ANNOUNCING The Karmayog Corporate Social Responsibility Ratings 2009 of the largest 500 companies in India www.karmayog.org/csr2009 The
    Message 1 of 1 , Mar 30 10:34 PM
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      Date: 31st March 2010
       
      ANNOUNCING
       
      The Karmayog Corporate Social Responsibility Ratings 2009
      of the largest 500 companies in India
       
      The Karmayog Corporate Social Responsibility Ratings 2009 is the 3rd CSR study and rating by Karmayog. This is the only such CSR study and rating of its kind in the world.
       
      Results of the Karmayog CSR Ratings 2009
      Karmayog CSR Rating 2009
      No. of cos.
      % of cos.
                    Level 5 
      0
      0%
                    Level 4
      13
      3%
                    Level 3
      66
      13%
                    Level 2
      146
      29%
                    Level 1
      147
      29%
                    Level 0 (lowest)
      128
      26%
      Total 
      500
      100%
       
      Companies with a Level 4 Rating are: 
      Ballarpur Industries, HDFC, Infosys Technologies, Jubilant Organosys, Kansai Nerolac Paints, Larsen & Toubro, Moser Baer (India), Tata Chemicals, Tata Consultancy Services, Tata Steel, Titan Industries, Wipro, and Yes Bank.
       
      Details of CSR activities and profiles of each of the 500 companies as well as the rating criteria are available at www.karmayog.org/csr2009
       
      The 2009 results are encouraging with more companies at Levels 3 and 4, along with a marked increase in the number of corporates doing at least some CSR (74%) despite this period (financial year 2008-2009) being a recessionary year, which may have also caused a drop in the ratings of 45 companies. 
       
           Comparative Results of the Karmayog CSR Ratings for 2009, 2008 and 2007
       
      2009
       
      2008
       
      2007
      Rating 
      No. of cos. 
      % 
       
      No. of cos. 
      % 
       
      No. of cos. 
      % 
      Level 5 
      0
      0%
       
      0
      0%
       
      0
      0%
      Level 4
      13
      3%
       
      10
      2%
       
      4
      1%
      Level 3
      66
      13%
       
      38
      8%
       
      38
      8%
      Level 2
      146
      29%
       
      161
      32%
       
      144
      29%
      Level 1
      147
      29%
       
      118
      24%
       
      93
      18%
      Level 0 (lowest)
      128
      26%
       
      173
      35%
       
      221
      44%
       Total
      500
      100%
       
      500
      100%
       
      500
      100%
       
      About Karmayog:
      Started in June 2004, Karmayog is a platform that integrates the perspectives of all stakeholders of society on various social and civic issues.
       

      Regards,

      Vinay Somani  / Tanya Mahajan

      Karmayog

      C/o Shri R.O.Somani Charitable Trust

      Shreeniwas House, 2nd Floor,

      H. Somani Marg,

      Fort, Mumbai 400 001

      Email: info@...

      Website: www.karmayog.org 

       

      Post your responses at www.karmayog.org/messages/message.aspx?id=2503

       

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