An integrated Approach for Corporate Social Responsibility and Corporate Sustainability (original) (raw)
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The Strategic Corporate Social Responsibility (CSR) for Sustainable Corporate (Business)
Wisdom, 2022
Corporate social responsibility (CSR) is essential to sustainable business development within and outside the workplace. If we think of corporate (business) as being through, by, and for society, then we can readily analyse the impact of corporate social responsibility (CSR) on our community as a whole as well as in corporate (business). This paper analyses specific strategic objectives and motivations for adopting corporate social responsibility (CSR) to provide a text for regulating sustainable business. Why is corporate social responsibility (CSR) a strategic tool for long-term corporate (business) sustainability? This concept focuses on generating extraordinary corporate results and establishing an incredible practical effort on corporate social responsibility (CSR) for Sustainable Corporate (Business). We are now advancing our study agenda on the analytical method in this work. Here, we provided a roadmap for moving forward with our theoretical, analytical, and empirical investigation of corporate social responsibility (CSR). This research and documentation on corporate social responsibility (CSR) as a strategic tool for sustainable corporate (business) is one of the "first" of its kind. It serves as a foundation for understanding the dynamics of sustainable business through corporate social responsibility (CSR) in the years to come.
Corporate Social Responsibility: Towards a Sustainable Future
In recent years, the discussion about sustainability has risen above average and a huge amount of different terms have been established. This leads to a very broad and unspecified discussion about this topic, especially in economic and business management. The aim of this paper is to find out – due to an extended literature study – where the focus in the discussion of Sustainable Development (SD) and Corporate Social Responsibility (CSR) and recent trends in CSR . whether CSR represents SD on a corporate level; whether SD and CSR are used synonymously; or whether articles exist which focus especially on the social dimension of SD but do not use terms such as CSR. A framework is presented in which the relationship between SD and CSR is defined to ease further research in SD and CSR, moreover, to enhance the development of new methodologies and instruments towards the implementation of SD / CSR strategies into companies. Keywords: Sustainable Development, Corporate Social Responsibility, Corporate Sustainability
The Corporate Sustainability and Responsibility Proposition: A Review and Appraisal
CSR 2.0 and the New Era of Corporate Citizenship, IGI Global, Hershey, PA, USA., 2016
Businesses are capable of implementing responsible behaviours as they pursue their profit-making activities. The subject of corporate sustainability and responsibility (CSR 2.0) is a promising theoretical concept in social science and humanities. Its roots within the academic literature can be traced back to Bowen's book entitled, 'Social responsibility of the businessman' (Bowen, 1953). There have been numerous reviews of the business case for corporate social responsibility (CSR) as there were also some distinguished authors who criticised the notion altogether. Many academic articles have dedicated their energies on organising and evaluating the evidence to establish a link (usually through regression analysis) between corporate social performance and corporate financial performance. Other authors referred to similar concepts as corporate citizenship which evolved following the concept of stakeholder engagement. In the light of the past empirical work and theoretical underpinning throughout the last years, this conceptual paper sheds light on many constructs of the corporate sustainability and responsibility agenda. This paper shows how CSR practices can differentiate firms from their competitors. In conclusion, it maintains that strategic approaches to CSR may lead towards a competitive advantage for the business in the long run.
Issues in Social and Environmental Accounting, 2012
Although many different theories exist of the notion of Corporate Social Responsibility (CSR) and the terms associated with it (sustainability, Corporate Governance, sustainable development), very few have managed to develop a comprehensive model of CSR or sustainability but instead concentrate on either one or a few stakeholders within specific contexts or examples. Aras and Crowther (2009) present an interesting new 'Model of Sustainable Development' that can be usefully contrasted with Carroll's (1991) Pyramid of Corporate Social Responsibility', now almost twenty years old.
Corporate Sustainability and Responsibility
Encyclopedia of Sustainable Management, 2021
The Corporate Social Responsibility 'CSR' notion is increasingly drawing the attention of a number of academic authors. Very often, they are using CSR as well as Corporate Sustainability, without clearly distinguishing the differences in their meanings. This contribution defines the meaning of corporate sustainability and responsibility.
2013
Corporate Sustainability & Responsibility (CSR) – incorporating corporate responsibility, sustainable development, business ethics, corporate citizenship, business & society and corporate governance – has become a widely taught subject in business schools and practiced in companies around the world. Presented here is a comprehensive textbook that introduces students and practitioners to CSR theory and practice, looking at the past, present and future. The text begins with definitions and drivers of CSR, including the all-important “business case”, then traces the evolution of CSR over more than 100 years up to the present day. Next, CSR trends from around the world are examined, including regional and cross-country comparisons. There is a chapter on the 7 steps to implementing CSR, followed by an exploration of CSR leadership and how CSR can be used as a catalyst for change. Finally, 25 case studies are introduced, before concluding on the future of CSR, including CSR 2.0, scenarios and forecasts for the next 10 years. Throughout the text, there are over 60 sets of discussion questions (nearly 200 questions), which allow teachers, students and practitioners to reflect on the presented content and to discuss, debate and dig deeper into the issues. The text itself is written in a highly readable style, without sacrificing academic rigour (there are over 200 references cited). The result is an inexpensive, accessible and searchable introduction to a management discipline that has become critical to the future of business, written by one of the world’s leading authorities on the subject.
Sustainable development through corporate social responsibility
Global Journal of Business, Economics and Management: Current Issues, 2020
In the 21st century, business and society demonstrate a stronger strive for achieving a stable balance between social, economic and ecological goals, which is the basis of the concept for sustainable development. In the context of “Europe 2020,” the concept of Corporate Social Responsibility (CSR) affirms its role as one of the most effective strategies for achieving this kind of development. The aim of this article therefore , is to clarify the conceptual nature of CSR by putting an emphasis on the Carroll’s pyramid, and its importance to the corporate social initiatives as an expression of company’s commitment to CSR. This article is a qualitative article that gives an exposition on the implementation of CSR and its communication effect. This exposition proves that CSR offers many other positive effects for the companies apart from the strong communication effect to their current and prospective clients. By examining the six types of corporate social initiatives and their m...
SUSTAINABLE CORPORATE SOCIAL RESPONSIBILITY- AN ANALYSIS OF 50 DEFINITIONS FOR A PERIOD OF 2000-2011
Despite numerous efforts to bring about a clear and unbiased definition of CSR, there is still some confusion as to how sustainable corporate social responsibility should be defined. In this paper five dimensions of sustainable corporate social responsibility are developed through a content analysis of existing corporate social responsibility definitions. Frequency counts are used to analyze how often these dimensions are invoked. The analysis shows that the existing definitions are to a large degree congruent. This paper presents an overview of the results of a longitudinal analysis of the coverage of sustainability-corporate social responsibility related concepts worldwide between 2000-2011 covering 557 articles. From these articles it reveals that how corporate social responsibility is defined by based on the dimensions. And 50 definitions were analyzed based on the five dimensions. Thus it is concluded that the confusion is not so much about how sustainable corporate social responsibility is defined, as about how CSR is socially constructed in a specific context.
Responsible behaviours are increasingly being embedded into new business models and strategies that are designed to meet environmental, societal and governance deficits. Therefore, the notions of Corporate Sustainability, Social Responsibility and Environmental Management have become very popular among academia as corporations are moving beyond transparency, business ethics and stakeholder engagement. This book provides business students and scholars with a broad analysis on the subject of Corporate Social Responsibility (CSR). It builds on the previous theoretical underpinnings of the CSR agenda, including Corporate Citizenship (Carroll, 1998; Waddock, 2004; Matten and Crane, 2004), Creating Shared Value (Porter and Kramer, 2011; 2006), Stakeholder Engagement (Freeman, 1984) and Business Ethics (Crane and Matten, 2004) as it features the latest Corporate Sustainability and Responsibility (CSR2.0) perspective (Visser, 2010). These recent developments imply that the organisations’ commitment to responsible behaviours may represent a transformation of the corporation into a truly sustainable business that is adding value to the business itself, whilst also adding value to society and the environment. This ‘new’ proposition is an easy term that may appeal to business practitioners. CSR2.0 is linked to improvements in economic performance, operational efficiency, higher quality, innovation and competitiveness. At the same time, it raises awareness on responsible behaviours. Therefore, this promising concept can be considered as strategic in its intent and purposes, as businesses are capable of being socially and environmentally responsible ‘citizens’ whilst pursuing their profit-making activities. Carroll (1979) affirmed that the businesses have economic responsibilities as providing a decent return on investment to owners and shareholders; creating jobs and fair pay for workers; discovering new resources; promoting technological advancement, innovation, and the creation of new products and services along with other objectives. Lately, there is similar discourse in many international fora, conferences, seminars and colloquia about corporate sustainability and responsible behaviours. However, the discussions are usually characterised by the presentation of theories that define the concepts, rather than being practical workshops (which involve the businesses themselves). In this light, this book clearly identifies the business case for CSR. It attempts to trigger active participation in corporate suites. Inevitably, it contends that there are still some challenging opportunities facing businesses, which will have to be addressed in the foreseeable future; including Stakeholder Relations and Collaborations, Government Regulation for CSR Compliance and the role of Strategic CSR in Education and Training. This publication combines theory and practice with case studies. Part I introduces the readers to the CSR Agenda. Chapter 1 provides a broad overview of the CSR terminology and its emerging constructs. It presents the business case for CSR. Chapter 2 reports on several international policies and regulatory instruments on the subject of environmental, social and governance disclosures of large organisations. Chapter 3 suggests that there is a rationale to maintain ongoing communications with stakeholders through integrated marketing communications including digital media and traditional channels. Chapter 4 sheds light on socially reponsible and sustainable investments that are being offered in the financial services market. Chapter 5 discusses about the importance of stakeholder engagement with responsible suppliers in the value chain. In Part II; this book contains five detailed case studies on a wide array of corporate sustainable and responsible initiatives that have been taken on board by global corporations in different contexts.