BIOFIN is increasing corporate social responsibility investments in biodiversity in India [Video]

In India, corporate social responsibility (CSR) is an important part of corporate philanthropy. Companies with a net worth of US$ 70 million or an annual turnover of US$ 140 million must spend 2% of their average net profit over three years on social, environmental, and developmental projects. Of the 11 activities listed for CSR, eight qualify for nature protection and natural resource conservation. Despite this mandate, only 2-3% of total CSR investments are currently channeled into biodiversity conservation due to a limited understanding of natural resource management and its impacts.

See how #BIOFIN is working to change this. By helping formulate effective proposals, providing practical guidance to companies, and raising awareness of national biodiversity priorities, BIOFIN contributes to the increase of CSR investment in biodiversity.