scholarly journals Mainstreaming Global Sustainable Development Goals through the UN Global Compact: The Case of Visegrad Countries

2020 ◽  
Vol 13 (3) ◽  
pp. 41
Author(s):  
Štěpánka Zemanová ◽  
Radka Druláková
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Qualitative Content Analysis ◽  
Global Compact ◽  
Un Global Compact ◽  
The Sustainable Development ◽  
Self Assessments ◽  
Development Goals ◽  
Sustainability Initiatives ◽  
Corporate Social

Since 2016, the United Nations Global Compact (UNGC), one of the most prominent worldwide corporate social responsibility and sustainability initiatives, has been linked to the Sustainable Development Goals (SDGs). However, despite the enormous scholarly interest in the UNGC since the very beginning, its impact on the integration of the SDGs into the business activities, risk management and reporting of its participants remains understudied. This paper examines support and action for the SDGs among companies from the Visegrad Four (V4) countries. It attempts to find out whether the recent UNGC efforts result in their mobilisation towards the SDGs’ implementation or merely creates a new space for instrumental adoption to improve image and reputation. The paper adopts qualitative content analysis of 42 Communications of Progress (COPs), submitted by 25 companies from the V4 in 2017–2019. The related self-assessments in the UNGC Participation Database were also used. It reveals that the companies obviously fulfil their obligation to report their activities related to SDGs but fail to provide relevant details. Moreover, divergences between the challenges faced by V4 countries and the priorities of the companies related to individual SDGs are also identified. This raises serious concerns about the UNGC’s practical effects.

scholarly journals Formation of labour resources reproduction conditions of a transnational industrial corporation in the concept of sustainable development goals

2021 ◽  
Vol 7 (3D) ◽  
pp. 198-209
Author(s):  
Olga I. Klimenko ◽  
Roman N. Velikanskiy ◽  
Yulia V. Bezuglova ◽  
Irina U. Emirova ◽  
Ahmad I. Laipanov
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Industrial Sector ◽  
Responsible Leadership ◽  
Socially Responsible ◽  
Global Compact ◽  
Un Global Compact ◽  
The Sustainable Development ◽  
Development Goals ◽  
National Economies

The recovery of labour resources became a topicality of our study. The purpose of the study was the identification and justification the specific conditions for the reproduction of labour resources of a transnational industrial corporation. In the presented research was used the identification of typical problems characteristic of labour resources reproduction of the industrial sector of national economies, as well as the unification of the conditions for reproduction of labour resources, determined by international rules for socially responsible business. And the conditions for the reproduction of labour resources are presented such as: the formation of values of responsible leadership based on the principles of the UN Global Compact; commitment to the Sustainable Development Goals in supporting the reproduction of labour resources; development of interaction with stakeholders.

Sustainable Development Goals and progressive business models for economic transformation

2019 ◽  
Vol 34 (6) ◽  
pp. 510-524 ◽  
Author(s):  
Jacob D Rendtorff
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Corporate Social Responsibility ◽  
Business Ethics ◽  
Social Responsibility ◽  
Sustainable Development Goals ◽  
Economic Transformation ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social

This paper analyses the Sustainable Development Goals of the United Nations in the 2030 ‘Transforming the World’ Agenda, from 2015, as a contribution to business ethics and ethical economy. The Sustainable Development Goals combine political aims with visions of economic development and social justice and are therefore important for business ethics and corporate social responsibility. Thus, the Sustainable Development Goals constitute a driver for ethical economic development and social change. However, there is a need for critical analysis of the possibilities of Sustainable Development Goals of functioning as a vision and a strategic tool for management and governance. The aim of the paper is to investigate these possibilities of the Sustainable Development Goals of contributing to business ethics and ethical economy with mobilization of business, public institutions and organizations, and non-governmental organizations. After presenting the Sustainable Development Goals, the paper critically discusses their scope and potential for corporate social responsibility, business ethics and corporate sustainability. This involves the problem of how the Sustainable Development Goals can contribute to a transformation towards another economy. As a contribution to business ethics, the paper elaborates on partnerships for Sustainable Development Goals, sustainable performance management systems and the Sustainable Development Goal Compass with the aim of interpreting Sustainable Development Goals as a basis for progressive business ethics models.

Achieving the Sustainable Development Goals

2021 ◽  
pp. 280-295
Author(s):  
Nur Farhah Mahadi ◽  
Nor Razinah Mohd. Zain ◽  
Shamsuddeen Muhammad Ahmad
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Empirical Studies ◽  
Financial Inclusion ◽  
Policy Makers ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social ◽  
The Relationship

The purpose of this study is to explore the role of Islamic social finance towards realising financial inclusion in achieving nine of the seventeen goals of sustainable development goals (SDGs) which are SDG1, SDG2, SDG3, SDG4, SDG5, SDG8, SDG9, SDG10, and SDG17 in the 2030 agenda for SDGs, as propagated by United Nations Member States in 2015. Then, a critical analysis is made to explain the possible contribution of Islamic social finance in achieving financial inclusion which is aligned with SDGs that brings balanced to the physical, emotional, mental, and spiritual of the community in supporting overall economic growth which finally combats the economic impact of the COVID-19 pandemic. Further research and empirical studies can be conducted to explore the relationship between Islamic social finance, financial inclusion, and SDGs which in tandem with Maqᾱṣid al-Sharῑ῾ah to equip ourselves in unpredictable economic hiccups during COVID-19. The results may also motivate the financial industries to promote Islamic social finance products and corporate social responsibilities as well as enhance the development of Islamic social finance towards achieving financial inclusion in fulfilling SDGs which soon will provide significant social impacts as the results will enable new initiatives by industries and policy makers to develop Islamic social finance in attaining financial inclusion to achieve SDGs which is seen as being parallel with Maqᾱṣid al-Sharῑ῾ah especially in resolving economic issues of COVID-19.

scholarly journals Attaining the sustainable development goals in Africa: The new CSR for multinational corporations

2020 ◽  
Vol 11 (1) ◽  
pp. 86-105
Author(s):  
Nojeem Amodu
Keyword(s):  
Sustainable Development ◽  
Multinational Corporations ◽  
Social Services ◽  
Regional Integration ◽  
Sustainable Development Goals ◽  
The Sustainable Development ◽  
Left Behind ◽  
State Actor ◽  
Development Goals ◽  
Corporate Social

The fact that Africa is one of the worst performing regions in global audits about long-term development trends is longer news. The continent has repeatedly missed targets set by the United Nations and there are concerns it might just be left behind in the attainment of the latest 2030 Agenda Sustainable Development set by world leaders in 2015. With a view to complementing states’ responsibilities towards the provision of public goods and social services useful to actualize the Sustainable Development Goals (SDGs) in Africa, this article interrogates the nature of multinational corporations (MNCs) and juxtaposing the non-state actor responsibilities within wider societal contexts with state duties in advancing the SDGs. The article not only sets the tone for a “new corporate social responsibility” in terms of improved pursuit of sustainability within business communities in corporate Africa, it also recommends workable measures, integrating progressive roles for both the state and MNCs towards the realization of the SDGs on the continent. Keywords: Corporate Responsibility; MNCs; SDGs in Africa; New CSR Roles; Regional Integration.

scholarly journals The Effect of Product Diversification on Corporate Social Performance in the Non-Renewable Energy Industry: Exploring the moderating effects of host country development and the Sustainable Development Goals

2020 ◽  
Vol 4 (4) ◽  
pp. 69-95
Author(s):  
Renske Jongsma ◽  
Bart Jan (Bartjan) Pennink
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Sustainable Development Goals ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Product Diversification ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social ◽  
The Relationship

Aim: Building upon stakeholder and institutional theory, this paper investigates the relationship between product diversification and corporate social performance (CSP), thereby attempting to make essential contributions to the current literature. Based on an extensive literature review, it was expected that related, unrelated and total product diversification are positively related to CSP. Moreover, it was hypothesized that the exposure to weak institutional host country environments negatively affects the relationship between diversification and CSP, and that the Sustainable Development Goals (SDGs) have a positive effect on the relationship. Design / Research methods: The sample selected for this research is the non-renewable energy industry, since the industry shows great divergence in terms of corporate social responsibility (CSR) performance. In addition, the industry is highly susceptible to regulatory changes, while the Sustainable Development Goals have an enormous focus on the reliability and sustainability of energy, making it a highly relevant industry to study. This study analyzed 40 a 40 non-renewable energy firms over a time frame of seven years, by using OLS regression. Conclusions / findings: The results reveal that unrelated diversification is positively related to CSP, while the other forms of diversification show insignificant results. Contrary to expectations, the Sustainable Development Goals negatively affect the relationship between product diversification and CSP, while the moderating effect of exposure to weak institutional environments is insignificant. Originality / value of the article: Research on the relationship between product diversification on corporate financial performance is well-established, but the way in which product diversification influences a firm’s behavior towards stakeholder demands and social concerns remains largely unexplored. Accordingly, the results of this study challenge existing theories while adding more context to the existing relationship, and in turn provide promising avenues for future research.

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