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- Title
CORPORATE SOCIAL RESPONSIBILITY IN ENERGY SECTOR.
- Authors
Stjepcevic, Jelena; Siksnelyte, Indre
- Abstract
Energy companies are increasingly stimulated to deal with the growing societal challenges - like scarcity of resources, climate change, pollution, employment, ect. Citizens, environmental and government organizations define energy company environmental and social responsibility as the duty. That means that for energy companies CSR is a requirement. A company operating in the energy sector should understand the social, environmental and economic impacts created in all the regions affected by its activity. The drivers of CSR in energy sector are the mix of incentives and requirements. These drivers are market-based or requirement-based, they can be categorized in three groups: economic, social and political drivers. The paper deals with the development of corporate social responsibility in the energy sector. There are identified and characterized the critical issues, identified drivers, present critical issues of implementation of advanced corporate social responsibility.
- Subjects
SOCIAL responsibility of business; ENERGY industries; ENERGY shortages; CLIMATE change; ENVIRONMENTAL responsibility
- Publication
Transformations in Business & Economics, 2017, Vol 16, Issue 1, p21
- ISSN
1648-4460
- Publication type
Article