CSR at Torrent Group

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Abstract

Corporate Social Responsibility (CSR) has emerged as an important area of corporate attention in an informationally integrated world. Corporates are realizing that how they are perceived by the larger society, has a bearing on their capacity to function effectively and create shareholder value. The task of developing and implementing the CSR strategy for Torrent Group was entrusted to Markand Bhatt, a veteran executive in the group. Documenting the challenges faced by Bhatt and the decisions he was required to make the case details the context for an in-depth discussion on the process of design and execution of CSR strategy.

Additional Information

Product Type Case
Reference No. BP0442
Title CSR at Torrent Group
Pages 15
Published on Mar 31, 2020
Year of Event 2018
Authors Barua, Samir K; Agarwalla, Sobhesh K;
Area Strategy (STR)
Discipline Ethics and Governance, Public Policy and Law, Strategic Management
Sector Health
Learning Objective The role of CSR for business organizations in the context of increasing concern for planet and people in addition to profits. The key design elements for framing an effective CSR strategy in the emerging context. The appropriate organizational arrangement for managing CSR activities with a view to also sensitizing the organization to the larger societal needs and concerns. The right metric for impact assessment of CSR interventions with emphasis on the sustainability of benefits from CSR interventions.
Keywords CSR; Healthcare Services; CSR Strategy
Country India
Organization Torrent Group
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