Sustainability as an object of corporate social responsibility

Abstract

<p>We can observe that in the last few years companies and organizations of any nature have begun to show an increasing interest in establishing sustainable relationships with the environment by bridging those groups that are impacted or that impact on their activities, . In this context, the social responsibility report emerges as a management tool that allows companies to be accountable to society and its groups and measure, their environmental, financial and social actions.</p><p>The Triple Bottom Line, triple accountability or triple counting of results, should be understood as the methodology to measure and report the performance of organizations contrasted with environmental, economic and social parameters. In addition, it allows companies to surpass accountability solely for their economic value as it used to be in the past, and also to consider the social and environmental value they add or destroy.</p><p>Concern about these social and environmental issues generates a demand for information, which, in turn, leads to the need to have a document that collects the information demanded by society and that should be offered by the Companies, what is known as Social Responsibility.</p><p>It is the American companies that originally, already in the late sixties and early seventies, found themselves in need of having to offer information regarding their social responsibility. This information was collected in what, we might conclude, is the first social balances, which were addressed mainly to groups outside the company itself, especially to consumers, since in the United States it was this collective that showed a greater concern about the issue.</p>

Where Does CSR Come from and Where Does It Go? A Review of the State of the Art

“…Three areas of CSR recurring in most definitions are economic, social, and environmental (Chowdhury et al 2019;Marí-Farinós 2017;Uribe-Macías et al 2018). The economic area of CSR has evolved from the sole obligation of accountability to shareholders (Carroll 1991;Friedman 1962;Friedman 1970) and analyzing the impact of actions on financial performance, to broadening its scope in the sense of considering other aspects, such as the capacity to create jobs, research leading to the discovery of new resources or new applications for them, as well as innovation and the promotion of technological progress (Jamali 2008).…”

“…The environmental area refers to the obligation of companies to take care of the environment, understanding the fundamental role it plays in obtaining sustainable development and taking into account the effects that it may have on climate change (Lu et al 2019;Marí-Farinós 2017;Taliento et al 2019).…”

“…Fifth, and as a result of the increasing awareness of the strong social and environmental impact of companies, CSR would aim at long-term sustainability (Brønn and Vidaver-Cohen 2009;Marí-Farinós 2017;Schönherr et al 2017). To this end, CSR must be integrated into the strategy and the various business actions, allowing the management of the three areas included in the triple bottom line-the economic, the social, and the environmental (Schönherr et al 2017).…”

Government Support and Market Proximity: Exploring Their Relationship with Supply Chain Agility and Financial performance

“…In addition, Government support is a major reason for any organization to get into new processes and change its policy for both the environment and society. For its part, the Government is also a key factor for companies achieving sustainability, since it is necessary to configure a set of rules or systems that allow for the better management of the business of a company through different benefits that the Government can offer [30].…”

What do we know about corporate social responsibility and stakeholders physical activity? A Public Health Perspective

“…external stakeholders). 23 Companies are seen as having responsibilities to their employees and to society in general, implemented through delicately balancing the interests of different stakeholders. 30,31 It is in the social dimension that we see CSR as well positioned to promote the health and wellbeing of both internal and external stakeholders…”