Corporate Social Responsibility through Collaboration in the Supply Chain: Insights into a More Sustainable Economy
Purpose The purpose of this study is to explore and analyze corporate social responsibility (CSR) as a helpful tool in solving significant societal concerns in countries where there is a greater desire for social and economic growth, such as Pakistan. Methodology In order to examine the current issu...
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Published in: | Reviews of management sciences Vol. 5; no. 1; pp. 50 - 62 |
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Main Authors: | , , , , , |
Format: | Journal Article |
Language: | English |
Published: |
BMER Consultancy
24-03-2023
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Subjects: | |
Online Access: | Get full text |
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Summary: | Purpose
The purpose of this study is to explore and analyze corporate social responsibility (CSR) as a helpful tool in solving significant societal concerns in countries where there is a greater desire for social and economic growth, such as Pakistan.
Methodology
In order to examine the current issues on supply chain collaboration for sustainability, this paper used a triangulation research method. In order to determine indicators in a CSR-intensive environment, data, and literature, the energy sector publications on EUR-Lex, international and European official papers, and the online site of the European Commission data sources were analyzed in this study. The indicators were divided into groups based on their sources (sets of standards and guidelines, council frameworks, document series, tools, and comprehensive legislation), as well as their intended uses (financial, social, and environmental).
Findings
The findings state that supply chain collaboration completely fulfills CSR for a viable economy. It focuses on three leading fashion brands and assesses their impact using open-source data, past research, and their official websites. It also highlights how, in comparison to global corporations, Pakistani business satisfies their corporate social responsibility.
Conclusion
It is concluded that a supply chain can help companies minimize the environmental impact of their supply chain processes. Further, CSR is a part of the supply chain that helps businesses determine their social and economic responsibilities by focusing on environmental aspects to add to a more sustainable economy. |
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ISSN: | 2709-9601 2709-961X |
DOI: | 10.53909/rms.05.01.0196 |