CSR: sector-wise analysis of 29 industries
by Vinay
As part of the Karmayog CSR Rating of India's top 500 companies, a sector-wise analysis (of sectors such as automobiles, banking, cement, etc) has also been done for the top 500 companies that have been rated.
See www.karmayog.org/sectortablesofcsr/ where tables for 29 sectors are listed.
1. Automobiles (13)
2. Autocomponents(22)
3. Banks (42)
4. Cement (16)
5. Chemicals (27)
6. Construction & Allied Activities (13)
7. Construction (13)
8. Fertilizers (12)
9. Financial Services (11)
10. FMCG & Consumer Durables (20)
11. Gas Processing (5)
12. Glass & Ceramic (4)
13. Heavy Engineering (19)
14. Hotels (4)
15. Iron & Steel (25)
16. Metal (12)
17. Mining (7)
18. Oil (17)
19. Paper (6)
20. Petroleum & Petrochemicals (5)
21. Pharmaceuticals (32)
22. Polymers & Plastic Products (14)
23. Power (16)
24. Shipping & Logistics (9)
25. Software & ITES (17)
26. Sugar (12)
27. Textiles (28)
28. Trading (11)
29. Tyres (7)
The sector-wise analysis is useful for the following reasons:
- It presents a picture of an entire sector, their common processes and products, their CSR, including examples of companies doing good CSR
- It presents figures of the income (from sales) of the entire sector, the net profit being made by that entire sector, and the amount that a sector should spend on CSR. (Karmayog recommends that companies spend a minimum of 0.2% of income on CSR annually)
- Where available,sector-specific guidelines to be adopted by each sector as specified by the International Finance Corporation are included with the sector tables.
In your experience:
a) What CSR activity can your company do? (even if it's not doing so at the moment)
b) What can trade associations do to promote CSR in their industry group companies?
c) Which companies are doing outstanding CSR work in their industry?
d) Which industries cause the most environmental damage (through processes or products)?