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    From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy
    From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy
    From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy
    Ebook96 pages1 hour

    From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy

    By Adeyemi Egbeleke

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    The prevalence of Corporate Unsustainability is because businesses and companies practices guided by the "Almighty CSR" are not able to deal with Corporate Responsibilities (CR) performance issues. Corporate Unsustainability contributed to global sustainability problems such as devastation to lives and properties caused by high frequencies of natural disasters occurrences, public health emergencies, food shortages and famine, refuges crises, banking and corporations' operational failures. These problems are a manifestation of Greenhouse gases effects, environmental damages, and human and economic development inequalities outputs from business enterprises value chains in reality. We have no Planet B, and these problems are already threatening the existence of planet earth we all share. This book offers the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy as the business –society relationships transformative pathway from Brown (pollution) economy to a Green economy, the sustainable future we want. From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy book is recommended to public organizations and business enterprises managers and leaders, academics, students and other individuals interested in the general knowledge of corporate responsibilities and sustainability.
    LanguageEnglish
    PublisherESG Monitor Press
    Release dateFeb 21, 2018
    ISBN9781999959005

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      Book preview

      From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy - Adeyemi Egbeleke

      From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy

      By

      Adeyemi Egbeleke

      Copyright © 2018 Adeyemi Egbeleke

      All rights reserved.

      Table of Contents

      Editorial Reviews

      Preface

      Chapter One

      Chapter Two

      Chapter Three

      Chapter Four

      Chapter Five

      References

      About the Author

      Editorial Reviews

      From CSR to the Ladders of Corporate Responsibilities and Sustainability (CRS) Taxonomy marks an end of the era, which defined or described the business and society relationships as Corporate Social Responsibility (CSR)? The book has attempted a reconciliation between two diverse perspectives; one that considers the CSR obsolete and the other that claims the continued existence of the Almighty CSR. According to the author, this term almighty CSR entails that CSR, is, in fact, the answer to all business-society relationship problems. The reconciliation of views on whether CSR is an obsolete concept or dead has subsequently resulted in the author's creation of the Ladders of CRS Taxonomy. Again, one can safely infer that previous works of the current author on ethics, CSR and corporate responsibilities and sustainability themes present profound influence on the creation of CRS taxonomy. Correspondingly, several readers would find the theoretical and practical cases used towards building arguments in support of the creation of CRS taxonomy informative. As they would be able, to relate to the reviewed business CRS performance cases and, in turn, this would help them gain insight on how CRS taxonomy ladders contribute towards achieving the globally sustainable development goals. The author’s perspective in this debate on the CSR’s future is evident, from the preface and pronounced across the five chapters of the book. The author is of the opinion that CSR as a concept is not dead, but in fact, there is an impending need for it to transform to conform to the present time's sustainability demands. Evidently, CSR has not helped to resolve many of the broader society sustainability issues as regards - financial, social and environmental issues. Thus, the book is championing a clear boundary and a logical conceptual explanation of corporate responsibilities to contemporary multidimensional society. Furthermore, the ladders of CRS taxonomy categorization of corporate responsibilities offer a transformative path for achieving corporate sustainability. Therefore, recommend the book for public organizations and business enterprises managers and leaders, academics, students and other individuals interested in the general knowledge of corporate responsibilities and sustainability.

      ESG monitor Academy.

      Preface

      The global sustainability problems such as devastation to life and property caused by high frequencies of natural disasters occurrences, public health emergencies, food shortages and famine, refuges crises and banking failures are manifestation of cross-continental environmental damages, human and economic development inequalities in reality. The role of government as provider and custodian of the sustainable development plan, policy, strategy, project, program, and processes formulator, implementation regulator, implementation enforcer, and implementer is widely recognized. However, corporate enterprises as the direct implementer and direct or indirect agency or contractor implementer of sustainable development actions are equally important. As stakeholders now demand corporate value chain activities sustainability as a matter of necessity. Corporate Social Responsibility (CSR) became crucial because of its perception as a conceptual answer to all multi-dimensional business—society problems. However, prevailing corporate unsustainability is evidence that almighty CSR cannot enable tripartite corporate responsibilities performances. Moreover, the fact that some corporations have abandoned the general view of CSR as a company giving something back to the community for sustainable development practices is an attestation to the limitation of CSR in practice. The move towards sustainability delivery practices has made some organizations to communicate their efforts to stakeholders as corporate sustainability, or corporate environmental responsibility or simply corporate responsibility instead of CSR. The ladders of corporate responsibilities and sustainability (CRS) taxonomy represent a breakaway from the almighty CSR.. A provision of conceptual guidance for corporate practices moves towards contributing to global sustainable development goal delivery. The three pillars of sustainable development were influential for the taxonomy creation of Corporate Responsibilities and Sustainability -CRS Governance, Corporate Responsibilities -CR categorization of Corporate Financial Responsibility -CFR; Corporate Social Responsibility -CSR; Corporate Environmental Responsibility -CER, and Corporate Sustainability -CS.

      Chapter One

      1.1 Introduction

      Business relationship with society describes as corporate social responsibility (CSR) has been a subject of contentious arguments. The increasing level of irresponsible corporate practices has helped sustained arguments for or against CSR over the past decades. However, the inability of CSR performance to meet stakeholders’ demands for corporate sustainability contribution to sustainable development goals achievement has raised the question Is CSR dead. The failures of CSR to guide corporate responsibilities performance that meets stakeholders’ expectations was due to problems associated with its meaning. The truth is that CSR has no consensus definition, but it has got many definitions and meanings. For many CSR means the activities that is not related to the value chain performed by corporate enterprises to show that they are giving something back to the communities where they operate. CSR enjoyed universal acceptance until recently when its existence became uncertain. This book attempt to provide insight into the reason for a conclusion that CSR is dead. It offers ladders of corporate responsibilities and sustainability (CRS) taxonomy as a complete path to corporate sustainability achievement.

      Chapter one explores historical narratives on theoretical explanations of corporate responsibilities to society that led to CSR conceptual development.

      Chapter two focuses on issues that affected CSR models and definitions, conceptual evolution and problems related to its practice. Also, we explored CSR movements’ translations of international standards, norms, and acts on human rights, labor standards, environmental protection and anti-corruption

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