Industry sector-specific CSR initiatives
The CSR study helped to identify several sector-specific CSR initiatives that should be taken up by companies of that industry sector, as these initiatives are directly connected to the processes and products of that industry sector. As a society, we would expect any company working in these sectors to be doing the following as an integral part of their CSR initiatives:
Table showing Expected CSR initiatives for different sectors
S. No. | Industry Sector | Example of expected CSR |
1 | Automobiles & Auto Ancillaries | Reduction of auto emissions |
2 | Banking | Support small entrepreneurs |
3 | Cement | Quarry Rehabilitation |
4 | Chemicals | Minimise air and water pollution |
5 | Construction | Low cost housing |
6 | Computers | E-Waste management |
7 | Electronics | Energy efficient products |
8 | Engineering | Reduce material content and wastage |
9 | Entertainment and Media | Raising awareness on social issues |
10 | Fertilizers | Promote use of organic fertilizers |
11 | Financial Services | Support small entrepreneurs |
12 | FMCG and Consumer Durables | Reduce packaging |
13 | Heavy Engineering | Mitigating impact on environment |
14 | Hotels | Promote local tourism |
15 | Iron and Steel | Environment restoration |
16 | Jewelery | Promote local artisans and craftspeople |
17 | Logistics | Fuel efficient vehicles |
18 | Metal | Environmental restoration |
19 | Mining | Quarry rehabilitation |
20 | Oil and Gas | Promote and develop alternate energy resources |
21 | Packaging | Use of recyclable material |
22 | Paper | Farm Forestry |
23 | Petroleum and Petrochemicals | Environmental restoration |
24 | Pharmaceuticals | Focus on prevention of diseases |
25 | Polymers and Plastics | Environmental restoration |
26 | Power | Use of renewable energy sources |
27 | Retail | Reduce use of plastic and packaging |
28 | Software and ITES | Green IT |
29 | Sugar | Using by-products and waste to generate energy |
30 | Telecommunications | Improving connectivity and services in rural areas |
31 | Textiles | Use of environmentally friendly materials |