Corporate Social Responsibility, Sustainability and Climate Change

Abstract

Corporate social responsibility (CSR) is a central feature of today's corporate landscape. So too is sustainability. While the notion of sustainability has been closely aligned with environmental actors, today it is also a growing concern in the corporate sector - albeit for different reasons. CSR emerges from the major economic changes that have occurred over the past few decades, particularly globalisation. CSR's key proposition is a straightforward one: modern corporations owe a duty not only to their shareholders but also to the broader society in which they operate. Their primary duty to generate profits should not overlook these broader social responsibilities.