Abstract

The article examines a range of problems related to the process of institutionalization in the corporate social policy, characterizing the social responsibility of business and representing a part of the general strategy of corporate social responsibility. The experience of the social policy implementation in oil and gas companies is analyzed.

Highlights

  • Both in Russia and abroad a number of researches, based on the prediction of social existence including those of futuristic character, and basic social and economic indicators of the global community have appeared

  • Within the framework of corporate social policy, companies can develop a variety of social programs: non-state pension fund, social and medical insurance, training and retraining of workers

  • Until now there is no universal algorithm of corporate social responsibility (CSR) strategy development

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Summary

Introduction

Both in Russia and abroad a number of researches, based on the prediction of social existence including those of futuristic character, and basic social and economic indicators of the global community have appeared. One of the scientific discussions concerns the change of views on the role of business, especially the large one, in the life of modern society It requires revealing contradictions in the use of indicators of economic growth, which is the main goal and means to resolve national and global challenges of our time. They are involved in protecting the environment and solving social problems at the level of society through social investment

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