Academicia: An International Multidisciplinary Research Journal

The nine principles of National Voluntary Guidelines are: 
Principle 1: Businesses should conduct and govern themselves with ethics, transparency and 
accountability. 

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ISSN: 2249-7137 Vol. 11, Issue 5, May 2021 Impact Factor: SJIF 2021 = 7.492 
ACADEMICIA: An International Multidisciplinary Research Journal 
https://saarj.com 
ACADEMICIA 
Principle 2: Businesses should provide goods and services that are safe and contribute to 
sustainability throughout their life cycle. 
Principle 3: Businesses should promote the wellbeing of all employees. 
Principle 4: Businesses should respect the interests of, and be responsive toward all stakeholders, 
especially those who are disadvantaged, vulnerable and marginalized. 
Principle 5: Businesses should respect and promote human rights. 
Principle 6: Business should respect, protect, and make efforts to restore the environment. 
Principle 8: Businesses should support inclusive growth and equitable development. 
Principle 9: Businesses should engage with and provide value to their customers and consumers 
in a responsible manner. 
The Best CSR Driven Companies in India 
In the pre-legislation phase, 
only 10 corporates have been recorded to have been spending 
more than 2% of their PAT
. ET Dossier in co-ordination with Futurescape and IIM Udaipur 
has come out with the list of top CSR spenders for 2014. Let‘s take a peek at the top 5 Indian 
companies 
Company 
Name
Foundation 
name
Cause
Tata Steel
TSRDS, TSFIF, 
TSTCS, TSSDS 
Provided healthcare services in collaboration with HP and 
brought down infant mortality rate by 26.5% in Seraikela 
District, rural development around Jharkhand and Odisha, 
nearly 2300 solar street lights were installed in Jharkhand and 
Odisha. Overall spending came to Rs.212 crores which is 
3.31% of PAT