Schedule VII

    ESG & Governance

    The list in the Companies Act of activities on which companies can spend their CSR money, and the funds to which unspent amounts can go.

    Schedule VII covers areas such as reducing hunger and poverty, health care, sanitation, education, gender equality, environmental sustainability, heritage, support for armed forces veterans, sports, rural and slum development, disaster management and contributions to specified government funds, such as the PM's National Relief Fund. Spending outside these areas does not count towards the 2% requirement.

    Related terms

    CSR (corporate social responsibility)Unspent CSR account

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