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Showing posts from March, 2021

A Glimpse into the Global and Local Water Crisis | World Water Day 2021

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Written by: Vrinda Panpalia Compiled and Edited by: Rebecca Shibu The world’s population has doubled in the last 40 years, and water consumption has quadrupled. Foreseeing the future, by 2050, 1 in 5 developing countries will face water shortages . And, the shortage would lead to a consequent water stressed globe. The World Resources Institute observed that India with a number of its neighboring countries ranked in the top 50 for the world's most water stressed countries projected for 2040. In light of this, the road ahead is a tough one and only conscious measures can bring the required change. World Water Day is a United Nations initiative aimed at raising awareness about the importance of water and encouraging people to take action to address the emerging water crisis. The day focuses on the importance of fresh water and advocates for the sustainable management of freshwater resources. World Water Day is also used to highlight required improvements for access to water, sanitat

International Women’s Day | Support Women Empowerment projects | March 08, 2021

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Our team wishes all women across the world a very Happy Women’s Day . To commemorate this day and celebration we would like to thank all the women from global leaders to frontline workers to everyday women who are striding through stereotypes, and the changing world each day! The theme for this year’s International Women’s Day is #ChooseToChallenge . It is a call-to-action to challenge the status quo by raising awareness against bias, celebrating women's achievement, and taking action for equality of rights and empowerment.  Gender equality has been an important sustainable development goal for many countries and organizations for many years now. It is due to relentless efforts of many leaders, activist, feminist authors, journalist, artist, social workers etc. who initiated conversations, highlighted role of women in the society, household and workplace, through their work. Thus, we have come so far in achieving global women empowerment mass movement and #ChoosetoChallenge campai

From 'Comply or Explain' to 'Comply or Suffer' | Amendments to Provisions related to CSR Law effective from 22nd January 2021

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Author: CS Pradeep Kumar Parakh | Date: 03-March-2021  Introduction The Ministry of Corporate Affairs (MCA) have notified certain important amendments in the provisions of section 135 of Companies Act, 2013 dealing with Corporate Social Responsibility (“CSR”) along with amendment in the CSR Policy Rules, 2021 vide its notification no. G.S.R. 40(E) date 22-01-2021.  These inter alia include Mandatory CSR Implementation entity registration in Form CSR-1 w.e.f. April 1, 2021; Impact Assessment for big CSR projects; Carry forward and set off of CSR expenditure; Annual action plan for CSR by Board every year in addition to CSR policy; Tweaks in reporting format for the annual report on CSR activities forming part of the Board Report; Mandatory disclosure of CSR projects and activities on website of company, if any; Capital Asset acquisition and its ownership/ holding restricted to the three categories of non-profit bodies; Transfer of unspent amount to Govt notified fund in Schedule VII, u

World Wildlife Day 2021| Forests and Livelihoods: Sustaining People and Planet | truCSR

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Written by: Yamini Peter World Wildlife Day, March 03, 2021 March 03, 2021, is a global observance of World Wildlife Day on the UN calendar. This year’s theme of World Wildlife Day is “Forests and Livelihoods: Sustaining People and Planet”, the objective is to highlight the role of forests, forest biodiversity, and ecosystems and sustain the livelihoods of millions of people globally, especially the indigenous communities. The total forest area around the world is approximately 4.06 billion hectares, or approximately 5000 sq.m. (or 50 x 100m) per person, but forests are not equally distributed around the globe. Global distribution of Forests Showing ten countries with the largest Forest Area, 2020 (Million hectares and % of World’s Forest) Source: FAO More than half of the world’s forests are found in only five countries (the Russian Federation, Brazil, Canada, the United States of America, and China) and two-thirds (66 percent) of forests are found in ten countries (FAO). For several