ISO 26000 2010 was developed using a multi-stakeholder approach involving experts from more than 90 countries, 40 international or broadly-based regional organizations, 6 different stakeholder groups: consumers; government; industry; labour; non-governmental organizations (NGOs); and service, support, research, academics and others. Balanced representation between developing and developed countries as well as a gender balance in drafting groups.
ISO 26000 guidance can be used to assesses the performance of the organisation as well as the impact of the organisation’s contribution to social and environmental causes (as listed in Section 135 Schedule VII of the Companies Act 2013 )
The Ministry of Corporate Affairs (MCA), Government of India, released a set of guidelines in 2011 called the National Voluntary Guidelines on the Social, Environmental and Economic Responsibilities of Business (NVGs).
In order to align the NVGs with the Sustainable Development Goals (SDGs) and the ‘Respect’ pillar of the United Nations Guiding Principles (UNGP) the process of revision of NVGs was started in 2015.
After, revision and updation, the new principles are called the National Guidelines on Responsible Business Conduct (NGRBC).
Corporate Social Responsibility (CSR) means and includes but is not limited to (i) Projects or programs relating to activities specified in Schedule VII of the Indian Companies Act 2013; or (ii) Projects or programs relating to activities undertaken by the board of directors of a company (Board) in pursuance of recommendations of the CSR Committee of the Board as per declared CSR Policy of the company, subject to the condition that such policy will cover subjects enumerated in Schedule VII of the Act.