India: 2017 Responsible Business Index ranks top 100 listed companies
In an attempt to gauge how Indian firms are coping with the interests of various stakeholders, a collaborative effort of non-profits—Oxfam India, Corporate Responsibility Watch, Praxis and Partners in Change—has put together the second edition of India Responsible Business Index (IRBI). The index ranks the top 100 BSE-listed companies on their performance on five parameters—inclusive supply chain, community as stakeholders, community development, employee dignity and human rights and non-discrimination at the workplace. While there are some improvements being witnessed, barely half the firms (of the total 100) have committed to inclusive supply chains. In 2015, only 40 firms extended human rights policies to their supply chain whereas in 2016 the number has gone up to 54.