Odisha News Insight

ICC organizes CSR Symposium 2015 in Bhubaneswar

ICC organizes CSR Symposium 2015 in BhubaneswarBhubaneswar: Indian Chamber of Commerce organizes Corporate governance and CSR symposium 2015 here at May Fair convention today. On this auspicious occasion Mr. Debiprasad Mishra, Hon’ble Minister for Industries, Government of Odisha lighting the Lamp on the presence of eminent dignitaries on the dies.

On Inaugural session Dr Rajeev Singh, Director General, Indian Chamber of Commerce delivered welcome address. On this occasion Mr Gokul Chandra Pati, Hon’ble Chief Secretary & Chief Development Commissioner, Government of Odisha, Mr R K Sharma, Chairman, Odisha Mining Corporation Ltd &Principal Secretary, Department of Steel & Mines Government of Odisha, Mr Sanjiv Chopra, CMD, IPICOL & Principal Secretary, Department of Industries, Government of Odisha, Ms Sibani Swain, IES, Economic Adviser , Ministry of Corporate Affairs Government of India, Mr G S Prasad ,CEO, Rourkela Steel Plant (SAIL), Mr S K Mohapatra, Director, Dhamra Port Company Ltd presents and emphsised about the corporate governance. At last Mr J B Pany, MD, Radiant Telesystems Pvt Ltd & Executive Member, ICC Odisha Expert Committee gave vote of Thanks.

After the end of Inaugural session 2 plenary sessions were held on this occasion. On its first plenary session experts discussed about New company bill and its relevance. The session was address by session chair Mr S C Bhadra, FCA, Partner, SRB & Associates. Panellists discussed on Policy frame work in corporate governance, new policies in corporate governance, efficient prioritization & balancing of interests, Board Composition & Diversity , Monitoring & Measuring the Effectiveness . Prof (Dr) J B Das, Professor, Business Law, XIMB, Bhubaneswar , Dr Amiya Kumar Behera, Chairman, Overseas Projects & Services Ltd , Mr Shubhenjit Chaudhury, Chief, Corporate Sustainability, TATA Steel Ltd , Mr Prashant Hota, VP Corporate Communication & CSR, JSPL joined as panellist on this session.

 On second plenary session panellists discussed on Corporate CSR & Success Stories. This session Address by session chair Mr Dillip Satapathy, Resident Editor, Business Standard. On this occasion Panelists discussed Children’s interests and Corporate, Issues on mandatory CSR, CSR-Measurement & Reporting, and CSR & Shareholders Value, Establishing linkage between sustainability & CSR, Challenges in implementing CSR, Showcasing Best Practices in CSR. Mr P K Sahoo, Chairman, CYSD, Ms Yumi Bae, Chief, Field Office, UNICEF, Bhubaneswar, Mr Manikanta Naik, CRE, TATA Steel Ltd, Mr Ranjan Mishra, Executive Director, Visa Steel Limited.

Speaking on this occasion Mr. Debiprasad Mishra, Hon’ble Minister for Industries, Government of Odisha said, CSR takes a major role in this Era. CSR needs to be holistic and integrated with the core business strategy to contribute to economic development while improving the quality of life of the workforce and their families as well as the community and society at large. CSR can not only refer to the compliance of human right standards, labour and social security arrangements, but also to the fight against climate change, sustainable management of natural resources and consumer protection.

“Over the last few years, an increasing number of companies worldwide have started promoting their business through Corporate Social Responsibility strategies because the customers, general public and the investors expect them to act in sustainable as well as responsible manner. Global consumers have definitive expectations for the role companies should play in addressing social and environmental issues and are avidly considering CSR in a variety of decisions. ICC feels very happy that lot of initiatives on CSR have already been undertaken by NALCO, OMC, Tata Steel, MCL, NTPC, JSPL, Vedanta etc and also helping the state economy being responsible corporate entities. Indian Chamber of Commerce (ICC) looks forward to work closely with stake holders of the sector for the all round development of the sector.” Said Dr Rajeev Singh, Director General, Indian Chamber of Commerce.

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