Linking corporate social responsibility and energy poverty: An environmental sustainability paradigm

Abstract

This article considers the motivational nature of business contributions toward sustainable development through corporate social responsibility. This study measures the corporate social responsibility contributions to maintain sustainable development by performing different sustainable development goals projects. The researchers use the quantitative techniques to analyze the data collected by using the monkey survey research method from the top 200 corporate social responsibility international origin companies, including public sector undertaking, private and exchange-listed companies (Bombay Stock Exchange, and National Stock Exchange) in India. For analysis purposes, results are calculated through coding, sorting, figures, and tabulation methods. Study results illustrate that corporate social responsibility is the best source to maintain sustainable development as overall contributions towards sustainable development goals are positive. But a particular contribution towards sustainable energy as sustainable development goal 7 is low, such as only 5.5%. It is possible that India's green energy sector may be advanced if more companies invest in energy-related projects like the others sustainable development goals performance. Based on the results, possible steps are also needed from the Indian government to maintain sustainable development at the national and global levels.