Sustainability integration in corporate environments.

Abstract

Corporate social responsibility (CSR) is the concept that companies should pursue a role in society that is above just profits. Companies are seen to be socially responsible when they align themselves with values such as: ethical values, accountability and transparency, adhere to legal requirements and overall respect for the communities in which they operate. (Carroll 1991; Visser 2006). Companies are under pressure to adapt to these values due to the increase in awareness of the negative impacts of organizations, for example on the ecosystem. Social responsibility of organizations comprises of economic, legal, ethical, and altruistic expectations that society has of organizations at any particular time (Carroll 1991). It is expected that this attitude should go beyond the occasional community service activity. Furthermore, CSR is supposed to be a corporate philosophy that drives strategic decision-making, partner selection, hiring practices and, consequently, firm reputation is crucial. For instance, a lack of sensitivity of reputational risk led to the Shell Brent Spar case in 1995 which affected the profits and reputation of the company in continental Europe (Zyglidopoulos 2002).

Citation

AJIDE, O. and ONYEJEKWE, C. (eds.) 2016. Sustainability integration in corporate environments. Aberdeen Business School working paper series, 9(1): revised papers from the proceedings of the 2014 Robert Gordon University Institute for Management, Governance and Society (RGU IMAGES) research students conference, June 2014, Aberdeen, UK. Aberdeen: Robert Gordon University.

• Conference Name: 2014 Robert Gordon University Institute for Management, Governance and Society (RGU IMAGES) research students conference
• Conference Location: Aberdeen, UK
• Start Date: Jun 1, 2014
• End Date: Jun 30, 2014
• Acceptance Date: Jan 1, 2016
• Online Publication Date: Sep 16, 2016
• Publication Date: Jan 1, 2016
• Deposit Date: Sep 16, 2016
• Publicly Available Date: Sep 16, 2016
• Print ISSN: 1753-6766
• Electronic ISSN: 1753-6774
• Publisher: Robert Gordon University
• Series Title: Aberdeen Business School working paper series
• Series Number: 9(1)
• Series ISSN: 1753-6774
• Keywords: Corporate social responsibility; Sustainability; Oil and gas industry
• Public URL: http://hdl.handle.net/10059/1721