Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World

The COVID-19 pandemic has changed consumer behaviors and company practices, leading to the rise of corporate social responsibility. This book explores the challenges and opportunities of CSR and the Sustainable Development Goals in a post-COVID-19 world, focusing on how businesses can shift towards more genuine and authentic CSR that contributes to addressing urgent social and environmental challenges.

Format: Hardback
Length: 340 pages
Publication date: 17 September 2021
Publisher: IGI Global

The COVID-19 global pandemic has left an indelible mark on the global business community, ushering in a new era of uncertainty and transformation. As countries cautiously reopen their economies, businesses are faced with a rapidly evolving landscape where consumer behaviors and company practices are undergoing a significant shift. In this context, corporate social responsibility (CSR) has emerged as a powerful tool for organizations to demonstrate their commitment to fighting against COVID-19 and alleviating the negative consequences for their stakeholders.

The pandemic has accelerated the adoption of CSR practices, with many companies leveraging their resources and influence to support communities affected by the crisis. From providing medical supplies and financial assistance to implementing social distancing measures and supporting local businesses, CSR initiatives have become a critical component of business operations.

As we look towards the post-pandemic era, corporate social responsibility is expected to assume an even more critical role. Managers and researchers will increasingly focus on understanding the impact of COVID-19 on CSR practices and exploring how businesses can adapt and evolve to meet the changing needs of their stakeholders.

One significant challenge facing CSR in the post-COVID-19 world is the need for greater transparency and accountability. Consumers are increasingly demanding that businesses demonstrate their commitment to social and environmental issues through concrete actions rather than mere lip service. Companies will need to be transparent about their supply chains, environmental impact, and social policies to build trust and credibility with their stakeholders.

Another challenge is the integration of CSR with sustainable development goals (SDGs). The SDGs provide a framework for businesses to align their operations with social and environmental concerns, and the pandemic has highlighted the interconnectedness of these issues. Companies will need to find ways to integrate their CSR practices with the SDGs to create long-term value for their stakeholders and contribute to the broader societal good.

In response to these challenges, there are several opportunities for businesses to shift towards more genuine and authentic corporate social responsibility. One approach is to focus on social entrepreneurship, which involves creating innovative solutions to social and environmental challenges. Social entrepreneurship can help businesses tap into new markets, build brand loyalty, and create a positive social impact.

Another opportunity is to prioritize sustainability leadership. Sustainability leaders are individuals who have the ability to drive change within their organizations and inspire others to do the same. By promoting sustainability leadership, businesses can create a culture of sustainability that permeates all aspects of their operations.

Furthermore, businesses can leverage technology to enhance their CSR practices. Digital platforms and tools can help businesses track their environmental impact, monitor their social performance, and engage with their stakeholders more effectively. By using technology to improve their CSR practices, businesses can demonstrate their commitment to sustainability and build trust with their stakeholders.

In conclusion, the COVID-19 global pandemic has had a profound impact on the global business community, shaping the way
Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World discusses the challenges and opportunities of corporate social responsibility and studies the reactions to the COVID-19 global pandemic that may lead to changes in corporate social responsibility,corporate approaches to sustainable development goals,and stakeholders reactions to the post-COVID-19 era. This book addresses the opportunities for businesses to shift towards more genuine and authentic corporate social responsibility that contributes to addressing urgent social and environmental challenges. Covering topics from social entrepreneurship typologies to sustainability leaders,this book is ideal for managers,executives,entrepreneurs,business professionals and practitioners,policymakers,academicians,researchers,and students.

Weight: 633g
Dimension: 279 x 216 (mm)
ISBN-13: 9781799880653