RIL features in list of Asian 'corporate good guys'
Mukesh Ambani-led RIL is the sole Indian firm to get a perfect score in a list of Asia's best companies in terms of corporate social responsibility.business Updated: Nov 14, 2010 21:39 IST
Mukesh Ambani-led RIL is the sole Indian firm to get a perfect score in a list of Asia's best companies in terms of corporate social responsibility.
In a report titled, 'Ethical Asia', by global research firm CLSA, Reliance Industries, Australian airline Cathay Pacific and Japanese conglomerate Mitsubishi UFG have been named as the companies maintaining the highest CSR standards in the region and have been termed the region's 'corporate good guys'.
In the same report, two Indian companies — Tata Motors and ITC — have been named among the six companies that need to make a significant improvement in terms of CSR disclosure.
The other companies in the league of laggards include China Merchants Bank, Dongfang Electric, SK Energy and Telkom Indonesia, CLSA said.
The companies were identified from among the 50 largest entities in Asia, CLSA said.