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Rescooped by Anikait Chavan from @The Convergence of ICT & Distributed Renewable Energy
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India passes world's first corporate responsibility law | GreenBiz.com

India passes world's first corporate responsibility law | GreenBiz.com | Getting into Corporate World | Scoop.it

India is the first country to pass a corporate responsibility law requiring larger companies to spend 2 percent of each year's profit on those kinds of initiatives.

 

The law kicks in for companies with a profit of at least $80 million over the past three years.

 

It outlines nine "pillars" that can fulfill the requirement, one of which is "ensuring environmental sustainability," under which installing solar systems falls. This likely will incentivize more solar development because it's an area that provides businesses with a return in investment.

 

Demand for solar is light at the moment because the Ministry of New and Renewable Energy has delayed introducing subsidies for rooftop solar, reports CleanBiz Asia.

 

The concept beyond the legislation is to ensure equitable, sustainable growth in India. It updates the Companies Act of 1956, the country's version of corporate law.

 

Some elements are quite progressive, according to First Post Business:

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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How To Survive A Job You Hate… But Can’t Quit

How To Survive A Job You Hate… But Can’t Quit | Getting into Corporate World | Scoop.it
Some people are doing a job they simply can't stand. But you need the income! Here are tips for surviving a job you hate.

Via Skip Boykin
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This might help some stuck souls...

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Competitive Intelligence: ethical challenges and good practice.

Competitive Intelligence: ethical challenges and good practice. | Getting into Corporate World | Scoop.it

The Institute of Business Ethics regularly publishes reports on business ethics issues. Below is a complete list of publications and prices. Includes Competitive Intelligence: ethical challenges and good practice

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