CSR Spending Surges 13 percentage: Companies Look Beyond Compliance

Bengaluru (Karnataka) [India], October 9: There has been a 13 per cent rise in CSR spending, with total allocations reaching Rs. 29,000 crore for the fiscal year 2022-23, according to the State of CSR Report 2024. This annual report, launched by Sattva Consulting, highlights significant trends in Corporate Social Responsibility (CSR) in India and coincides with a notable increase in profits for over 33,000 companies (between 2020-23).