scholarly journals Corporate Social Responsibility during the Coronavirus Pandemic: An Interim Overview

2020 ◽  
Vol 10 (2) ◽  
pp. 250
Author(s):  
Shaike Marom ◽  
Robert N. Lussier

The Coronavirus outbreak caught the world by surprise, spreading like wildfire and causing fatal illness to many. The ongoing pandemic and its implications have led to severe global socioeconomic disruption, halting most regular activities. Coping with the pandemic and its horrible consequences required to pull together all resources and unite efforts by individuals, organizations and governments. Businesses have embarked on an effort to support coping with the pandemic in various ways, as aligned with the concept of corporate social responsibility (CSR). The article reviews the various ongoing CSR efforts in the fight against the Coronavirus pandemic, serving better understanding on best CSR practices at times of crisis and in the afterwards ‘new normal’.

2020 ◽  
Vol 1 (1) ◽  
pp. 45-52
Author(s):  
Ellen Nur Aini

The COVID-19 pandemic that has hit all corners of the world from early 2020 until now has brought changes that are still in all areas of people’s lives. The efforts to handle and prevent the transmission of COVID-19 that have been implemented in the policies of countries in the world have an impact on the economic crisis. At times like this, the company faces a situation that is quite vulnerable and risky, however, activities Corporate Social Responsibility must be carried out. Corporate social responsibility activities can not only benefit stakeholders such as the community, workers, and consumers but can also have a positive impact on the company›s efforts to improve the company›s economic conditions. The purpose of this journal article is to describe strategies and corporate social responsibility programs that are appropriate in facing the era new normal in Indonesia. The method used in this journal article is descriptive qualitative with data sources derived from previous literature studies. As a result, the company can implement new strategies in its program corporate social responsibility for stakeholders. Areas that became the main focus of social responsibility activities in the new normal included economics, health, and education. Innovation and creativity in seeing opportunities are very important to be an empowerment strategy for the community, non-governmental organizations, workers/employees, and consumers. With the help of the Corporate Social Responsibility program carried out by the company together with stakeholders, if it is successful, it can help the Indonesian Government’s efforts to suppress the spread of COVID-19 and develop the Indonesian community.


2021 ◽  
Vol 303 ◽  
pp. 01003
Author(s):  
Olena Kozyrieva ◽  
Nataliia Tkalenko ◽  
Valentina Vyhovska ◽  
Alina Pinchuk

The article proves that the implementation of the principles and use of the tools of corporate social responsibility can increase the reputation of the corporation and its activity in the world market. The purpose of the article is to substantiate and determine the role of corporate social responsibility of the mining and metals companies in ensuring and improving their reputation in the world market. The article substantiates that the low level of corporate governance practice and insufficient part of social contribution to the companies negatively affect formation of corporate social responsibility of the corporations. The article analyzes the indicators of Corporate sustainability and Transparency for 2018-2019 according to the professional rating of the largest Ukrainian mining and metals companies, based on leading international practices. The analysis of indicators made it possible to identify the proportional dependence of the reputation of the corporation on the measures of corporate social responsibility that the latter implements. It is determined on the basis of the study that corporate social responsibility is an effective tool to increase the competitiveness of mining and metals companies.


Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5993
Author(s):  
Katarzyna Huk ◽  
Mateusz Kurowski

Sustainable development is now an important direction for the further development of all economies in the world. It is important to balance economic development with the impact on the environment and our planet. Another direction in the development of management sciences is the emergence of the concept of Corporate Social Responsibility, which considers this impact in three key aspects—economic, environmental and social—in terms of microeconomics. This concept gives companies specific guidelines and tools that minimize their negative impact on the environment. Reducing the negative impact of companies influences the environment and this is what is mainly associated with them. However, companies should also pay attention to internal consistency and caring for employees. Company practices such as the exploitation of people, including children, and injustice in the workplace are some of the factors that can be observed in less developed countries. The article focuses on the presentation of the environmental aspect in the context of the concept of corporate social responsibility. We analyzed individual sectors of the economy in terms of the environmental aspect, with particular emphasis on the energy industry. The study is based on a statistical analysis taking into account data from 1718 companies from all over the world. The aim of the article is to present the environmental aspect in the context of corporate social responsibility in the energy industry as a direction for sustainable development of the economy. The article is based on the analysis of the literature and databases presenting CSR, which was created on the basis of questionnaire research. The article shows which regions of the world are worse and which are better in terms of the environmental aspects of CSR. Conclusions on the main CSR guidelines for the environment are also presented. We analyzed factors such as environmental routines, policies and targets, implementation of environmental management systems, ISO 14001/EMAS certification, environmental reporting, environmental requirements inside the supply chain, the trend of GHG emissions and the trend of energy consumption for their environmental impact. The analysis was carried out on the basis of given regions of the world and individual sectors of the economy, especially the energy industry.


Author(s):  
Rauno Rusko

Due to the general tendency to express environmental protection, environmentalism, and the actions to slow down the greenhouse effect in the world, the enterprises have noticed the importance of environmental values in their public announcements, documents, and homepages. In other words, corporate social responsibility (CSR) is a very important and topical theme of the firms. The popularity of environmentalism tempts the firms to follow the direction of public opinion even though the actual environmental activities might be minor or even absent. This kind of quasi-environmentalism is called as greenwashing. This chapter focuses on greenwashing and CSR in the Finnish context via public discussions about greenwashing. This chapter is emphasizing the understandings and the sense-makings in the concepts of greenwashing and CSR and their numerous connotations basing on the results of the textual analysis. The outcomes are completed and compared with the international contexts, and, therefore, they are also internationally robust.


Author(s):  
Terry Clayton ◽  
Nicole West

There are few places in the world where hydropower development is progressing as intensely as the Mekong River Basin in Southeast Asia. In searching for ways of supporting public dialog on development, the Challenge Program on Water and Food found that the hydropower sector speaks of social responsibility only in terms of “benefit sharing,” while the development sector and Non-Governmental Organizations (NGOs) largely ignore or are unaware of Corporate Social Responsibility (CSR). The chapter begins with an overview of hydropower development in the Mekong, considers some possible reasons for the absence of CSR in the ongoing debate over hydropower development, and concludes with recommendations for designing a project to build on the findings from this research.


2019 ◽  
Vol 10 (5) ◽  
pp. 381 ◽  
Author(s):  
Sheikh Muhamad Hizam ◽  
Zulkarnian Iylia Syazana binti Othman ◽  
Mohammad Mohammad Amin ◽  
Zalina Zainudin ◽  
Mohd Faiq Abdul Fattah

The field of corporate social responsibility (CSR) has developed exponentially in the last decade and is consistently getting to be a worldwide slant. Corporate social responsibility (CSR) has become a worldwide matter around the world that comes about an expanding number of studies on CSR universally as well as in Malaysia. Furthermore, the importance of CSR practices was emphasized by companies in order to ensure its sustainability in corporate world which are focused on (a) environment, (b) social dimension sustainability, (c) economic advancement, (d) stakeholder behaviour and (e) ethical evolution of society. In this manner, this paper gives a concept of CSR writing that has been conducted in Malaysia to assess the execution of CSR among organizations in Malaysia. It is presently anticipated that organizations expressly take into consideration all perspectives of their execution, not as it were their money related comes about, but moreover their social and commerce environment. Subsequently, most of organizations are presently locked in genuine endeavours to characterize and coordinated CSR into all perspectives of their businesses and exhibitions. The point of our think about is to get it this slant in Malaysia and particularly to explore (i) the status of CSR in Malaysia; (ii) different CSR practices in Malaysia; and (iii) future dissemination of CSR in Malaysia. Finally, over the last few decades, Malaysia has been gradually improving its alignment with global management practices such as quality management and ISO 9002.


Corporate Social Responsibility has become a mainstream global business strategy in recent years and a large number of firms in the world issue numerous activities as a part of it. India is one of the first among few countries in the world to have a CSR act and the first to bring about legislation to implement CSR activities.The Government of India has made two significant interventions in the field of CSR-- in 2010, it made compulsory for public as well as private enterprises to spend 2 to 5 percent of their net profit on CSR; and it amended the Companies Act, 1956 that made compulsory provision for CSR under Section 135 in 2013. In this context this article is an attempt to discuss the progress in CSR initiatives in India over the years.


Sign in / Sign up

Export Citation Format

Share Document