Question

The Sustainable Development Goals (SDG) stress the necessity of private businesses’ active participation, appealing for their creativity and innovation to create value for the common good, such as reducing poverty, eradicating hunger, and protecting biodiversity. Recent research reveals that company’s involvement in SDGs is largely symbolic and intentional, rather than substantive [van der Waal, J. W., & Thijssens, T. (2020). Corporate involvement in Sustainable Development Goals: Exploring the territory. Journal of Cleaner Production, 252, 1-11.].

Using the theories relating to corporate social responsibility and your understanding of United Nation’s Agenda for sustainable development (2015), suggest why this is the case and what companies can do to promote SDGs?

Answer 1

Companys involvement is nore symbolic and intentional for showcasing of how good corporate citizens they are and deliberately act to comply with laws and regulations where 2 percent of annual profits of are to be kept aside for CSR Causes. Moroever comoanies wish media limelight and exposure a smeans of PR activities and thus the substantive investment is lacking.

To promote this The United Nations must rewaed corporates for CSR spends and create awareness campaign and contest competition to elect best CSR player to infuse energy for more reasonable, deliberate and substantive spends and contribution towards CSR.

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