Mining in Goa was initiated in the erstwhile Portuguese regime during the 1940’s. From manual operations in the early days to completely mechanized operations presently, the Goan mining industry has progressed leaps and bounds. This progress has not been limited to the business operations but has seen the industry become more environmentally and socially responsible. Individual mining companies have taken their business beyond boundaries by not only adopting the best practices in pollution abatement and environment conservation but also being receptive to the needs of the people and sustainable social investment. Environmental concern has earned many a companies ISO 14001 certification. Most of the educational institutes, research centre and medical facilities have been set up under the patronage of the industry. But these efforts, though genuine, were individual and sporadic. Hence, the industry sat together to conceptualize the Mineral Foundation of Goa (MFG), a society set-up as a collective approach to address the social and environmental issues concerning the community living in the mining belt of Goa. Identifying that working in areas where your core-business has an impact is the crux of Corporate Social Responsibility (CSR), the industry came together to give birth to a body that would work exclusively in the mining areas of Goa. India has a history of philanthropic activities by individual corporate houses working in diverse fields sometimes not related to their business, but MFG is an entity that is unique not only to the country but a model for other countries as well, where an industry in a state has come together to implement CSR in the true sense of letter and spirit.