The Interplay of Corporate Social Responsibility (CSR) and Sustainable Development Goals (SDGs): An Overview of Relevant Literature on CSR's and SDGs

Abstract

The rapid and unchecked growth of human activities has resulted in significant ecological and social challenges globally. In response, the concept of sustainable development emerged, which encompasses social, environmental, and economic issues. Companies are crucial players in pursuing sustainable development through their implementation of corporate social responsibility initiatives. To this end, this study conducts a systematic literature review to examine the theoretical and empirical evidence of the contributions or implications of corporate social responsibility to sustainable development over the last six years. The review includes 57 articles, of which 92% belong to Q1 based on predetermined search strategies and scientific rigor. The findings suggest that corporate social responsibility is a vital element of sustainable development, even though the motivation behind such activities may not always align with this goal. Overall, the study concludes that both concepts complement each other, and corporate social responsibility plays a significant role in achieving sustainable development.