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TCS Named Best Corporate Steward by U.S. Chamber of Commerce Foundation for Its Impactful Global CSR Initiatives

3BL Media

WASHINGTON and MUMBAI, India, November 22, 2024 /3BL/ - Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has been recognized by the United States Chamber of Commerce Foundation as the Best Corporate Steward for 2024 in the ‘Large Business’ category.

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ESG Acronyms and What They Mean

3BL Media

Corporate Social Responsibility (CSR) CSR is viewed as a form of self-regulation or a voluntary initiative by organizations to contribute to environmental or social goals and to be accountable to themselves, their stakeholders and broader society.

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Tips for auditing an ethical supply chain

GreenBiz

The rise of conscious consumers has altered how brands compete, and ethical supply chains have become a source of competitive advantage as brands leverage prestigious certifications such as B Corp status to closely align themselves with mindful consumers who value sustainability, transparency and accountability. .

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Top 40 MBAs double down on commitments to sustainability

Corporate Knights

A business course that once focused on maximizing shareholder profit now teaches how to measure purposeful value creation. A risk-management class, once strictly concerned with fiscal threats to corporate profits, now assesses climate impacts on bottom-line decisions.

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Leaving a Legacy: Preparing for the Future With a Social Impact Strategy

3BL Media

By adopting a more proactive approach to risk management, they achieved a better understanding of their current operating environment and also the ability to make more informed decisions on future priorities for risk mitigation. By setting clear goals and tracking progress, the company is holding itself accountable for its social impact.

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Hari Balasubramanian on Investor Interest in Nature-based Solutions

3BL Media

Furthermore, companies are also beginning to redefine their corporate social responsibility (CSR) efforts, shifting away from viewing sustainability efforts as a function separate from their primary operations and one that existed mainly to counteract the negative impacts of those core operations. Life on land and water.

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A $500 Billion+ Market Opportunity for Real Impact: Three Ways Corporations Can Engage in Social Procurement

James Militzer

Since global procurement budgets amount to trillions of dollars, dedicating even a small percentage of these budgets to social enterprises could generate billions of dollars in new revenue for the sector – and substantial new impact for both corporate ESG efforts and the communities and causes they target.