Announcing the Karmayog CSR Ratings of the largest 500 Indian Companies 2009
- Date: 31st March 2010ANNOUNCINGThe Karmayog Corporate Social Responsibility Ratings 2009of the largest 500 companies in IndiaThe 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 2009No. of cos.% of cos. Level 500% Level 4133% Level 36613% Level 214629% Level 114729% Level 0 (lowest)12826%Total500100%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/csr2009The 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 2007200920082007RatingNo. of cos.%No. of cos.%No. of cos.%Level 500%00%00%Level 4133%102%41%Level 36613%388%388%Level 214629%16132%14429%Level 114729%11824%9318%Level 0 (lowest)12826%17335%22144%Total500100%500100%500100%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.