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Positioning Corporations as Sustainability Leaders: A Roadmap to Align Strategic Corporate Social Responsibility With the SDGs

Positioning Corporations as Sustainability Leaders: A Roadmap to Align Strategic Corporate Social Responsibility With the SDGs
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Author(s): Nicholas Palaschuk (University of Waterloo, Canada), Amr El Alfy (University of Waterloo, Canada)and Jeffrey Wilson (University of Waterloo, Canada)
Copyright: 2022
Pages: 26
Source title: Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World
Source Author(s)/Editor(s): Andrea Pérez (University of Cantabria, Spain)
DOI: 10.4018/978-1-7998-8065-3.ch002

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Abstract

This chapter explores the evolving field of corporate social responsibility (CSR) research and practices in the Sustainable Development Goals era. The authors introduce a contemporary definition of CSR reflective of the SDGs era. Section 1 provides an exploration of the conceptual and theoretical foundations underpinning the evolution of CSR approaches. Section 2 advocates for the SDGs framework in support of the proliferation of sustainability management across business settings. Section 3 delineates how adopting the SDGs as a framework for corporate sustainability can enhance corporate resilience towards economic shocks. Section 4 discusses strategic perspectives on corporate sustainability management and elaborates on the role of business in satisfying promises of sustainable development. Illuminating the legitimacy of the SDGs as a framework for positioning corporations as global sustainability leaders, this chapter serves as a roadmap outlining how business can advance their CSR strategies to align business goals with societal needs in a post-COVID-19 world.

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