The Future of CSR and the New Ecosystem for CSR 4.0

Munro, Virginia

doi:10.1108/978-1-80043-035-820200009

Cited by 7 publications

(15 citation statements)

References 17 publications

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“…As the next step, the CSR 3.0 perspective encompassed what forward--looking companies are doing and how they are updating their CSR strategies to match global changes in the way they do business. CSR moved towards a more integrated, networked and partnership-oriented concept (Crespin, 2013;Dumont, 2012;Munro, 2020). It focused on social innovation (Buła & Żak, 2017;Munro 2020;Osburg & Schmidpeter, 2013), the commonality of goals and values of all stakeholders in the company (Dumont, 2012;Sánchez-Bayón & García--Ramos Lucero, 2020), the networking aspect and social media presence (Crespin, 2013;Dumont, 2012), up to the challenges of artificial intelligence (D'Cruz et al, 2022).…”

Section: Contemporary View Of Corporate Social Responsibilitymentioning

confidence: 99%

“…CSR moved towards a more integrated, networked and partnership-oriented concept (Crespin, 2013;Dumont, 2012;Munro, 2020). It focused on social innovation (Buła & Żak, 2017;Munro 2020;Osburg & Schmidpeter, 2013), the commonality of goals and values of all stakeholders in the company (Dumont, 2012;Sánchez-Bayón & García--Ramos Lucero, 2020), the networking aspect and social media presence (Crespin, 2013;Dumont, 2012), up to the challenges of artificial intelligence (D'Cruz et al, 2022). In the third wave of CSR, organisations are oriented towards stakeholders and their needs and driven by the Sustainable Development Goals (SDGs).…”

Section: Contemporary View Of Corporate Social Responsibilitymentioning

confidence: 99%

“…Initiatives and movements that have the potential to significantly influence global change in organisational performance and stakeholder (especially youth) attitudes are also currently being widely discussed in academic literature, in the business community and on social media. Munro (2020) and Carroll (2021) point to conscious capitalism, the Be the Change movement, business-for-purpose or B-corp, among others. Equally important is the Business Roundtable's 2019 initiative on a more ethical way of doing business, which argues for a shift away from shareholder primacy to engagement with all stakeholders (Harrison et al, 2020).…”

Section: Contemporary View Of Corporate Social Responsibilitymentioning

confidence: 99%

“…In considering the evolution of corporate social responsibility, the Australian researcher Munro (2020) proposed the concept of CSR 4.0. According to her, CSR has now become a new type of responsibility -with innovation and partnership as key themes, which has an important role to play in the era of the fourth industrial revolution and the new era of Globalisation 4.0.…”

Section: Munro's Concept Of Csr 40mentioning

confidence: 99%

“…The aim of this article is to analyse the activities of the 10 largest multinational corporations operating in Krakow in terms of CSR 4.0 principles with a particular focus on achieving SDGs. Munro's (2020) concept emphasises a global perspective, but also focuses on social and intrapersonal entrepreneurship, innovation, shared value, social impact, stakeholder engagement and achieving sustainable development goals. In this article, the authors undertake a consideration of selected elements of the CSR 4.0 idea, using the following research methods: literature analysis, content analysis of sustainability reports, and comparative analysis.…”

Section: Introductionmentioning

confidence: 99%

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Does Our Future Rest in Corporate Hands? Study of Krakow Top Ten Corporate Employers’ Commitment to UN Sustainable Development Goals

Buła,

Thompson,

Żak

2023

Game Changers in Management

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Increasingly, and to a greater extent than in the past, the private sector is taking responsibility to confront global game changers and wicked problems, and act on the UN Sustainable Development Goals (SDGs). This approach offers a huge opportunity to build alliances and work with different sectors, which is one of the key approaches to meeting the challenges of VUCA and realising CSR 4.0. In order to find an answer to the question of whether our future rests in corporate hands, the authors analysed the activities of the 10 largest multinational corporations operating in Krakow in terms of selected CSR 4.0 principles with a particular focus on the implementation of the SDGs. For this purpose, the following research methods were used: literature analysis, content analysis of sustainability reports and comparative analysis. Even within the limited scope of the presented literature review and comparative analysis, this article highlights the enormous potential of the private sector in driving the positive change we need globally, as laid out in the UN Sustainable Development Goals. The private sector has greater resources, is better able to handle risk and innovate, it stands to be not just a key partner, but potentially the key agent of change, in particular in the face of mounting global game changers and wicked problems.

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