scholarly journals Corporate Social Responsibility and Environmental Protection in the Nigerian Energy Sector: Reflection on Issues and Legal Reform

2021 ◽  
Vol 12 (2) ◽  
pp. 332-367
Author(s):  
Abdulkadir Bolaji Abdulkadir
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Industrial Development ◽  
Environmental Control ◽  
Control Measure ◽  
Energy Sector ◽  
Energy Resources ◽  
Environmental Damage ◽  
Coal Fuel ◽  
Corporate Social

The abatement of environmental degradation has been an issue which has received growing attention in recent times. Despite the increased attention however, environment pollution has remained unabated in Nigeria with its adverse impacts on the citizens. The question then is, do businesses owe society any social responsibility as it relates to the protection of environment? The Energy sector in Nigeria plays a very crucial role in Nigeria’s development, as the industrial development and innovation necessary for the economic development of any country is directly linked to the management of energy resources. Nigeria is endowed with abundant (fossil fuel) energy resources, such as oil, gas, coal, fuel wood, etc., which are dominantly the fuel sources for electrical energy production, yet, Nigeria is faced with environmental challenges capable of limiting and destroying access to these energy resources without taking cognizance of their environmental control. Therefore, this article attempts at navigating the imperative of Corporate Social Responsibility. Furthermore, the use of Corporate Social Responsibility as a tool for abatement and prevention of environmental damage to the energy sector is considered. Finally, possible recommendations were made as control measure through CSR in Nigeria in order to protect the energy resources and ensure a clean and healthy environment.

scholarly journals The Corporate Social Responsibility of Polish Energy Companies

Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3815
Author(s):  
Magdalena M. Stuss ◽  
Zbigniew J. Makieła ◽  
Agnieszka Herdan ◽  
Gabriela Kuźniarska
Keyword(s):  
Corporate Social Responsibility ◽  
Literature Review ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Energy Sector ◽  
Study Approach ◽  
Csr Strategies ◽  
Warsaw Stock Exchange ◽  
Corporate Social ◽  
Energy Companies

If corporate social responsibility (CSR) is expected to work efficiently, there should be a standardised approach for implementation of the CSR concept for all businesses, including companies operating in the energy sector. Although many companies declare compliance with CSR standards, further investigation should be undertaken to evaluate if and how those standards have been applied in practice. The aim of this research is to examine the level of standardisation of the CSR activities within Polish energy companies and explore the good practices developed by those companies. The Polish energy companies have been selected for the investigation as the literature review we conducted demonstrates that there is limited research in this area and there is a knowledge gap regarding how Polish energy companies apply CSR regulation in practice. To accomplish the stated aims, the following research questions were developed: (1) What is the essence of applying the CSR concept in Polish energy companies, and at what level of development is the concept applied? (2) To what extent do Polish energy companies have a common approach to the CSR concept, and in what areas are there differences? (3) To what extent have Polish energy companies applied global CSR standards and solutions? (4) Is there a gap between the declared measures of CSR and their actual implementation in Polish energy companies? The research methodology of this study is based on a systematic literature review of the sources acquired from databases such as ProQuest, Emerald, SCOPUS and the Jagiellonian University Library. The multiple case study approach was identified as the most suitable research tool. Companies for the study were selected according to their affiliation to the energy sector and listing on the main market of the Warsaw Stock Exchange. These two assumptions allowed us to base this study on the largest Polish energy companies that have international status. Six areas of CSR annual report disclosures have been identified and used for the investigation and analysis. This research looks at similarities and difference between these six aspects of CSRs disclosed by Polish energy companies. The investigation allows us to conclude that the top three energy companies use similar tools to build their CSR strategies: formalised CSR concept, published CSR reports, disclosure of CSR information on the company website, CSR related activities offered to stakeholders, obtained CSR certificates, and CSR awards. This indicates the existence of a standardised approach to CSR across Polish energy companies.

Assessing Perception and Practice of Corporate Social Responsibility (CSR) by Energy Sector Firms in Ghana

2021 ◽  
Vol 15 (2) ◽  
pp. 83-94
Author(s):  
Andrew Victor Kabenlah Blay Jnr ◽  
Augustine Senanu Komla Kukah ◽  
Julius Akotia
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Energy Supply ◽  
Large Scale ◽  
Energy Sector ◽  
Voluntary Activity ◽  
Social Interventions ◽  
Regulatory Standards ◽  
Corporate Social ◽  
Energy Companies

Corporate social responsibility (CSR) activities in Ghana are spearheaded by large-scale multi-national companies and have gained momentum in recent years possibly due to the discovery of oil. The goal of this study is to learn more about how energy companies in Ghana view and practise CSR. A mixture of quantitative and qualitative methods was adopted for this study. Structured questionnaires and interview guides were used to collect data from selected energy companies and inhabitants. Descriptive statistics, t-tests and content analysis were the analytical tools adopted. The findings suggest that CSR was seen as a voluntary activity in the Ghanaian energy supply industry, with enterprises being obliged to work within societal norms rather than regulatory standards in the country. In the lens of the level of CSR practiced by the energy supply company, the findings indicate that the companies do practice CSR but based on their own planned policy objectives with most of the interventions geared towards social interventions like education, provision of potable water for communities, scholarship schemes, and road development. Policymakers will make use of the findings of the research to inform their knowledge in designing policies related to CSR. The outcome will also guide corporate firms in the energy sector to make decisions to either consider stakeholders as vital movers of development in the communities they operate, or they are being a hindrance to their CSR mandate. This study is unique as it extends knowledge on CSR in the energy sector of Ghana.

scholarly journals Corporate Social Responsibility and Corruption: Implications for the Sustainable Energy Sector

2019 ◽  
Vol 11 (15) ◽  
pp. 4128 ◽  
Author(s):  
Jintao Lu ◽  
Licheng Ren ◽  
Jiayuan Qiao ◽  
Siqin Yao ◽  
Wadim Strielkowski ◽  
...  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Risk Mitigation ◽  
Sustainable Energy ◽  
Energy Sector ◽  
Energy Development ◽  
Positive Contribution ◽  
Socially Responsible ◽  
Corporate Social ◽  
The Impact

This paper focuses on the concept of Corporate Social Responsibility (CSR) and its relationship with sustainability. The authors investigate the linkages between CSR and sustainability at both enterprise and country levels. The main focus of this study is the energy sector due to its importance in terms of economic, environmental, and social impacts. There are some doubts as to whether a socially responsible business meets public welfare expectations and fosters the country’s social and economic development, as well as the successful achievement of sustainable development objectives. However, it becomes apparent that the development of corporate social responsibility in the energy sector faces a plethora of challenges. Corruption is one of the most important challenges of sustainable energy development. The study analyzes the main areas of CSR policies where energy companies are expected to make a positive contribution to sustainable energy development: mitigation of environmental impact, economic and social development, and good governance. The authors argue that the corruption risks represent a very important issue that is hampering sustainable energy development, and CSR can be applied to mitigate these risks in the energy sector. In addition, government policies might be necessary to create a favorable environment for corruption risk mitigation. The study analyzes the main tools of corporate social responsibility in the energy sector and addresses the impact of CSR on the sustainability of energy sector and corruption risk mitigation. The study analyzes a corruption risk mitigation model in the energy sector and provides recommendations for strengthening corporate social responsibility and mitigating corruption risk. Our results show that CSR can play a vital role in dealing with corruption in the energy sector at the enterprise level. It becomes apparent that anti-corruption standards represent the main supporting means for achieving other CSR goals and principles. Therefore, mitigation of corruption risks should become a priority for socially responsible companies that are operating in the energy sector.

The Energy Politics of Corporate Social Responsibility

2019 ◽  
pp. 232-247
Author(s):  
Jessica Steinberg
Keyword(s):  
Corporate Social Responsibility ◽  
Literature Review ◽  
Social Responsibility ◽  
Natural Resources ◽  
Research Agenda ◽  
Energy Sector ◽  
Energy Politics ◽  
Corporate Social ◽  
Economic Goods ◽  
Critical Literature

Corporate social responsibility (CSR) is the practice in which firms voluntarily provide social and economic goods to communities affected by their operations. This chapter addresses several questions related specifically to CSR in the energy and natural resources sector. How is CSR in the energy sector unique relative to other sectors? What about the energy sector is likely to affect the way CSR among energy or extractive firms is conceived, implemented, and studied? This chapter provides a critical literature review and lays the groundwork for a research agenda in the area of CSR in the energy sector.

scholarly journals EFFECT OF THE CULTURAL SYSTEM ON CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE IN THE ENERGY SECTOR

2021 ◽  
Vol 32 (3) ◽  
pp. 217-241
Author(s):  
Alan Bandeira Pinheiro ◽  
Thicia Stela Lima Sampaio ◽  
Daniel Barboza Guimarães ◽  
Sílvia Maria Dias Pedro Rebouças
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Energy Sector ◽  
Cultural Dimensions ◽  
Institutional Pressures ◽  
Environmental Disclosure ◽  
Cultural System ◽  
Managerial Implications ◽  
Corporate Social ◽  
Energy Companies

This study examines the effect of the cultural system on the disclosure of corporate social responsibility by companies in the energy sector. The survey analyzed a sample of 62 leading energy companies from 25 countries. The dependent variable is the level of environmental disclosure of the companies. The independent variables are composed by the cultural system of the analyzed countries, according to the Hofstede cultural dimensions. The data were analyzed using descriptive, inferential statistics, correlation, and regression of panel data. The findings show that in more individualistic and masculine cultures, companies disclose more CSR information. It was found that companies based in cultures with a higher level of indulgence and with a greater orientation for the long term tend to have greater environmental disclosure. The results show that the level of disclosure of corporate social responsibility is different depending on the country's cultural system. There are institutional pressures, which encourage companies to publish a more complete sustainability report. The results of this study have academic and managerial implications.

scholarly journals A Conceptual Framework on the Corporate Social Responsibility Disclosure: Profitability, Leverage and Company Size

2021 ◽  
Vol 13 (1(I)) ◽  
pp. 28-32
Author(s):  
Noegrahini Lastiningsih ◽  
Ermawati
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Environmental Damage ◽  
Company Size ◽  
Full Potential ◽  
Legal Basis ◽  
Social Responsibilities ◽  
Corporate Social Responsibility Disclosure ◽  
Corporate Social

This research begins with environmental damage is mostly carried out by companies with the background of company activities related to nature, and companies in Indonesia have not been able to carry out their social responsibilities to the society and the culture in which they operate to their full potential. This phenomenon also proves that the legal basis is not sufficient to motivate companies to carry out CSR as well as possible, but it also making social concerns a priority and part of the company's corporate plan needs engagement and support from management and shareholders. The aim of this research was to find out what factors influence corporate social responsibility disclosure on the Indonesian stock exchange. This study has three objectives namely to find out profitability, leverage and company size for corporate social responsibility disclosure. Therefore, this study relates to the measurement of corporate social responsibility disclosures by companies listed on the Indonesian stock exchange.

Role of ENGOs in Promoting Corporate Social Responsibility (CSR): A Legal Study of Some Facets, Especially Environment Protection and e-Waste Management

2019 ◽  
Vol 65 (4) ◽  
pp. 810-829
Author(s):  
Jyoti Rattan
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Waste Management ◽  
Large Scale ◽  
Knowledge Society ◽  
United Nations Environment Programme ◽  
Environmental Damage ◽  
Environment Protection ◽  
Corporate Social

Environment protection has become an area of grave significance in the present century, due to new developments, for saving the planet from the evils of pollution, climate change and so on. However, a new kind of pollutant, called ‘e-waste,’ has emerged due to the Internet revolution, otherwise a boon for development, but which is fast becoming one of the biggest threats to environment in the knowledge society of 21st century. It is significant to note that even the United Nations Environment Programme (UNEP) has admitted that the amount of e-waste generated per year grows rapidly. E-waste is dangerous and poses a threat to human health and environment. What is more shocking is its transportation from developed to developing countries, which is being done on a large scale and such e-waste there is being handled and disposed of unscientifically creating environmental damage. It is noteworthy that protection of the environment and e-waste management is fast becoming a major Corporate Social Responsibility (CSR). In promoting CSR as well as other responsibilities such as in the health or education sectors or poverty reduction, roughly 80 non-governmental organ sations (NGOs) (international or national) in collaboration with other actors have made sincere efforts raising awareness through campaigns by lobbying and so on. However, only a few of them are engaged in e-waste management related activates. This article is an attempt to study the role of Environmental NGOs (ENGOs) in promoting CSR, especially with regard to environment protection and e-waste management.

scholarly journals Effectiveness Of Implementation Of Corporate Social Responsibility (CSR) In The Environmental Law Enforcement

2016 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Irwansyah Irwansyah ◽  
Gianto Gianto ◽  
Andi Syahwia
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Environmental Law ◽  
Limited Liability ◽  
Environmental Damage ◽  
Business World ◽  
Environmental Consequences ◽  
Environmental Causes ◽  
Corporate Social

Development in Indonesia refers to the concept of sustainable development (sustainable development) and responsibility for the environment . Companies have a social responsibility to social and environmental consequences of environmental damage that caused . Implementation of corporate social responsibility (Cooperate Social Responsibility) is an important part in the framework part of the enforcement of environmental law . Implementation of CSR growing rapidly , including in Indonesia . Through Law No. 40 Year 2007 regarding Limited Liability Company , specifically in Article 74, in response to the action of the business world to social and environmental causes damages to society . But in application / CSR implementation will be undertaken by the company is not maximized with implications for the enforcement of environmental law.

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