Long-term corporate social responsibility agenda considering climate change policy and conservation of forest - an exploratory analysis of Kerala-based companies

Abstract

Nowadays, corporate social responsibility (CSR) is being viewed as a valuable approach for achieving stronger relations with an organisation's internal and external stakeholders. Also, environmental management initiatives are crucial in the present scenario owing to the growing environmental concerns. The business organisations also view environment-related CSR activities as a social obligation and a way of paying back to society. In light of such considerations, the present paper discusses the significance of CSR statutory policies related to CSR, climate change and conservation of forest, and the organisational motives behind taking CSR initiatives with particular reference to the Kerala-based organisations. The purpose is to recognise the challenges sourced by climate change along with shortage of forest conservation and the role that can be assumed by the organisation-based CSR initiatives in re-mediating such rising environmental concerns. Also, the benefits of undertaking such efforts for the organisations have been discussed.