Driving Social and Environmental Impact: Exploring Sustainability and Corporate Social Responsibility Frameworks

Abstract

The pursuit of sustainability and corporate social responsibility has become critical for businesses as they strive to create positive social and environmental impacts while ensuring long-term profitability. This chapter investigates the significance and implementation strategies of sustainability and corporate social responsibility in driving positive social and environmental impacts for businesses. By analyzing the origins, key principles, and practical applications of these frameworks, the research explores the evolving societal expectations and regulatory landscape that demand responsible and sustainable business practices. It examines the benefits and challenges associated with adopting sustainability and CSR, drawing on case studies of successful organizations that have integrated these principles into their core strategies. The findings contribute to the existing knowledge on sustainability and CSR, offering insights for practitioners, policymakers, and researchers, and encouraging businesses to embrace these frameworks to create long-term value for society and the environment. © 2023, IGI Global. All rights reserved.