Corporate social responsibility and sustainable development in the context of environmental challenges
The article discusses the interconnection of corporate social responsibility and sustainable development of companies considering climate changes. Corporate sustainable development imposes attention to environmental problems that makes companies to switch to environmentally friendly technologies, re...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2022-06-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/3501 |
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| _version_ | 1832541594214989824 |
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| author | D. V. Voyko A. V. Voyko |
| author_facet | D. V. Voyko A. V. Voyko |
| author_sort | D. V. Voyko |
| collection | DOAJ |
| description | The article discusses the interconnection of corporate social responsibility and sustainable development of companies considering climate changes. Corporate sustainable development imposes attention to environmental problems that makes companies to switch to environmentally friendly technologies, reducing carbon emission, cutting natural sources’ deployment. The main goal of the article is to research if there are different strategies may be applied to shift companies’ activities to environmentally friendly mode. Different opinions and points of view were introduced within the article and confirm the importance of corporate social responsibility. According to corporate cases of corporate social responsibility implementation several principles were elaborated to manage environmental issues. As a result, actual business practices were observed through the principles of corporate social responsibility so, that an average strategy of companies’ sustainable development was described. There is a conclusion in the article, that corporate social responsibility can’t be applied within the company’s activity without dealing with sustainable development, because the responsibility appears as a tool of sustainability, but not the independent purpose. It has been outperformed that social responsibility within environmental issues takes significant place in strategies of sustainable development in present time and even overshadows the issue of financial achievements increase. |
| format | Article |
| id | doaj-art-0cab5182f5a4480881cd48b541178b38 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2022-06-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-0cab5182f5a4480881cd48b541178b382025-02-04T08:28:12ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-06-0104131910.26425/1816-4277-2022-4-13-192428Corporate social responsibility and sustainable development in the context of environmental challengesD. V. Voyko0A. V. Voyko1State University of ManagementFinancial UniversityThe article discusses the interconnection of corporate social responsibility and sustainable development of companies considering climate changes. Corporate sustainable development imposes attention to environmental problems that makes companies to switch to environmentally friendly technologies, reducing carbon emission, cutting natural sources’ deployment. The main goal of the article is to research if there are different strategies may be applied to shift companies’ activities to environmentally friendly mode. Different opinions and points of view were introduced within the article and confirm the importance of corporate social responsibility. According to corporate cases of corporate social responsibility implementation several principles were elaborated to manage environmental issues. As a result, actual business practices were observed through the principles of corporate social responsibility so, that an average strategy of companies’ sustainable development was described. There is a conclusion in the article, that corporate social responsibility can’t be applied within the company’s activity without dealing with sustainable development, because the responsibility appears as a tool of sustainability, but not the independent purpose. It has been outperformed that social responsibility within environmental issues takes significant place in strategies of sustainable development in present time and even overshadows the issue of financial achievements increase.https://vestnik.guu.ru/jour/article/view/3501climate changecorporate growthenvironmenteco-efficiencysocial responsibilitystakeholdersstrategysustainable development |
| spellingShingle | D. V. Voyko A. V. Voyko Corporate social responsibility and sustainable development in the context of environmental challenges Вестник университета climate change corporate growth environment eco-efficiency social responsibility stakeholders strategy sustainable development |
| title | Corporate social responsibility and sustainable development in the context of environmental challenges |
| title_full | Corporate social responsibility and sustainable development in the context of environmental challenges |
| title_fullStr | Corporate social responsibility and sustainable development in the context of environmental challenges |
| title_full_unstemmed | Corporate social responsibility and sustainable development in the context of environmental challenges |
| title_short | Corporate social responsibility and sustainable development in the context of environmental challenges |
| title_sort | corporate social responsibility and sustainable development in the context of environmental challenges |
| topic | climate change corporate growth environment eco-efficiency social responsibility stakeholders strategy sustainable development |
| url | https://vestnik.guu.ru/jour/article/view/3501 |
| work_keys_str_mv | AT dvvoyko corporatesocialresponsibilityandsustainabledevelopmentinthecontextofenvironmentalchallenges AT avvoyko corporatesocialresponsibilityandsustainabledevelopmentinthecontextofenvironmentalchallenges |