In a fast changing and dynamic global business environment, corporate sectors are seen to be increasingly engaging into social and environmental responsibility projects within and outside their company (firm) jurisdictions. Given this, this topic would like to engage into serious academic and policy discussions to address important questions, such as:
(a) How corporate entities are devising their CSR and CSER strategies and how these strategies are aligned with sustainable development goals across countries?;
(b) How much the corporate sectors are allocating to meet/ implement their CSR/CSER strategies?;
(c) How far such CSR/CSER engagements are impacting the economic and social wellbeing of the communities globally and locally?;
(d) Can public (state) - private (corporate/ non-state) partnerships can be fostered in achieving better synergy between CSR-SDGs globally and locally?
Regarding corporate social responsibility for sustainability in practice, consider the example of Arctic petroleum:
1. https://doi.org/10.17585/arctic.v7.418
2. https://doi.org/10.1016/j.erss.2016.03.008
3. https://doi.org/10.1108/SRJ-10-2015-0150
Regarding the Sustainable Development Goals, a critiquing perspective is helpful:
1. https://doi.org/10.1108/DPM-02-2017-0043
2. http://doi.org/10.17645/pag.v4i4.729
3. https://www.psychologytoday.com/gb/blog/disaster-choice/202007/sustainable-development-goal-18
4. https://www.psychologytoday.com/gb/blog/disaster-choice/202009/the-sustainable-development-goals-after-five-years
As well as wider critiques of sustainability:
1. https://doi.org/10.1016/j.geoforum.2020.08.004
2. http://www.urbanislandstudies.org/UIS-2-Grydehoj-Kelman-Island-Smart-Eco-Cities.pdf
3. https://doi.org/10.1111/area.12300
4. http://www.shimajournal.org/issues/v8n2/c.-Baldacchino-&-Kelman-Shima-v8n2-1-21.pdf
5. https://doi.org/10.1080/14616688.2019.1619825
Dear Prof. Viswanathan P K1
You pointed to a key topic. I claim this case is related to the actions of multinational companies:
1) Van Tulder, R., Rodrigues, S.B., Mirza, H. et al. The UN’s Sustainable Development Goals: Can multinational enterprises lead the Decade of Action?. J Int Bus Policy 4, 1–21 (2021). https://doi.org/10.1057/s42214-020-00095-1 Free access: Article The UN’s Sustainable Development Goals: Can multinational en...
2) Editors: Leal Filho, Walter, Tortato, Ubiratã, Frankenberger, Fernanda (2021). Integrating Social Responsibility and Sustainable Development - Addressing Challenges and Creating Opportunities, eBook ISBN978-3-030-59975-1, Springer International Publishing, Available at: https://www.springer.com/gp/book/9783030599744
3) Jintao Lu et al. (2021). Assessment of corporate social responsibility by addressing sustainable development goals, Corporate Social Responsibility and Environmental Management, Volume 28, Issue 2, March/April 2021, Available at: Article Assessment of corporate social responsibility by addressing ...
4) Anca Antoaneta Vărzaru et al. (2021). Rethinking Corporate Responsibility and Sustainability in Light of Economic Performance, Sustainability 2021, 13(5), 2660; https://doi.org/10.3390/su13052660, Free access: Article Rethinking Corporate Responsibility and Sustainability in Li...
Yours sincerely, Bulcsu Szekely
Ilan Kelman & Bulcsu Szekely - Thank you very much for your valuable responses and sharing the literature.
Hermann Gruenwald Bulcsu Szekely thanks for the responses and endorsements. Is it possible to suggest a database on country-wise CSR expenditures and SDG allocations?
The issue of social responsibility and sustainable development is an issue that most countries are willing to implement in their region, and I think India is one of the leading countries in this field, but some countries do not invest much in achieving their short-term goals.
Thank you Seyed Reza Seyed Nezhad Fahim for your observation. India has entered into a mandatory CSR regime since 2014, following the Company's Act 2013. Section 135 of the Companies Act provides the threshold limit for applicability of the CSR to a Company i.e. (a) net worth of the company to be Rs 500 crore or more; (b) turnover of the company to be Rs 1000 crore (10,000 million) or more; (c) net profit of the company to be Rs 5 crore (INR 50 million) or more.
India`s new Companies Act 2013 (Companies Act) has introduced several new provisions which change the face of Indian corporate business" Companies Act 2013 (Companies Act) has introduced several new provisions which change the face of Indian corporate business. One of such new provisions is Corporate Social Responsibility (CSR). The concept of CSR rests on the ideology of give and take. Companies take resources in the form of raw materials, human resources etc from the society. By performing the task of CSR activities, the companies are giving something back to the society.
Ministry of Corporate Affairs has recently notified Section 135 and Schedule VII of the Companies Act as well as the provisions of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (CRS Rules) which has come into effect from 1 April 2014.
https://www.mondaq.com/india/corporate-governance/366528/corporate-social-responsibility--indian-companies-act-2013#:~:text=Applicability%3A%20Section%20135%20of%20the,Rs%205%20crore%20or%20more
Regarding your first point (a), I have recently published in Corporate Governance a a qualitative content analysis that performs an exploration of SDGs implementation in Colombia, analyzing sustainability reports from a sample of private MNEs. Title: "Moving the 2030 agenda forward: SDG implementation in Colombia" DOI:10.1108/CG-11-2017-0268
Thanks Maria A Pineda-Escobar for your viewpoint and information on your interesting paper. Could you please share the copy of the same?
An interesting topic.
This heavily depends on country and region, besides that the covid-19 proved that relations on the global level needs to be reconsidered. One of the very early claims in the covid-19 pandemic states that if global cooperation was more serious, the losses might be far less (lots can be said here)!
Something to point out about this topic. 6G of wireless communications is provisioned to play an important role in SDGs, and push CSR. Mobile communications is evolving rapidly due to quick earnings and profiting, hence, SDG and CSR may ride the wave to be developed quickly due to its implications on 6G, or the implications of 6G on them.
Thanks P K Viswanathan , Bulcsu Szekely , Ilan Kelman and all respected colleagues.
Afraa Ibrahim
: I agree with you.
Yasser Jaamour Thank you for your very interesting and thoughtful observations on the evolving CSR-SDG interface in the post-pandemic global context...
Especially for CSR, we ought to think beyond and do better than the SDGs:
1. After Five Years https://www.psychologytoday.com/gb/blog/disaster-choice/202009/the-sustainable-development-goals-after-five-years
2. #SDG18 https://www.psychologytoday.com/gb/blog/disaster-choice/202007/sustainable-development-goal-18
3. Connecting with #DRR #ClimateChange https://doi.org/10.1108/DPM-02-2017-0043
4. Connecting with #Health #GlobalHealth http://doi.org/10.17645/pag.v4i4.729
Ilan Kelman Thank you very much for your points and sharing the documents.