IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i23p7965-d690667.html
   My bibliography  Save this article

Selected Aspects of Corporate Social Responsibility in the Industry Related to the Production and Supply of Energy

Author

Listed:
  • Mateusz Kurowski

    (Department of Logistics and Information Systems, Faculty of Economics and Management, University of Zielona Góra, ul. Podgórna 50, 65-001 Zielona Góra, Poland)

  • Katarzyna Huk

    (Department of Logistics and Information Systems, Faculty of Economics and Management, University of Zielona Góra, ul. Podgórna 50, 65-001 Zielona Góra, Poland)

Abstract

The development of the economy is related not only to its benefits, but also its negative aspects. One of the negative impacts is the impact on the environment and society. Many types of industry and, in a narrower sense, of enterprises, adversely affect their surroundings. It is one of the many factors that has contributed to the growing popularity of the concept of corporate social responsibility (CSR). It is important to balance business and industry with the environment and community impacts. This study presents selected aspects of corporate social responsibility, such as society, the environment, and corporate governance in relation to the industry responsible for energy production and distribution. This group includes the energy sector (mining oil, gas, consumer fuels, and energy equipment and services), the materials sector (metallurgy and mining), as well as distribution (gas, electricity supply, independent energy producers, and renewable energy). The aim of the article was to present the level of implementation of the concept of corporate social responsibility in enterprises responsible for the production and supply of energy. The article uses the analysis of the literature and the statistical analysis showing the level of use of the described concept in the analysed entities. It was based on an analysis of 1904 companies from 41 countries around the world. The article presents the level of implementation of the concept of corporate social responsibility in selected sectors, divided into three areas: social, environmental, and corporate governance. In each of them, the analysis was performed with regard to the selected, most important factors. In addition, an analysis of the described industry, in relation to the others, is presented, which shows the level of use of individual CSR aspects. Thus, it shows which criteria are followed by enterprises in their activities and indicates the real areas of CSR impact on companies.

Suggested Citation

  • Mateusz Kurowski & Katarzyna Huk, 2021. "Selected Aspects of Corporate Social Responsibility in the Industry Related to the Production and Supply of Energy," Energies, MDPI, vol. 14(23), pages 1-16, November.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:23:p:7965-:d:690667
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/23/7965/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/14/23/7965/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Ben Abdallah, Khaled & Belloumi, Mounir & De Wolf, Daniel, 2013. "Indicators for sustainable energy development: A multivariate cointegration and causality analysis from Tunisian road transport sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 34-43.
    3. Carroll, Archie B., 1991. "The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders," Business Horizons, Elsevier, vol. 34(4), pages 39-48.
    4. Saraswat, S.K. & Digalwar, Abhijeet K., 2021. "Evaluation of energy alternatives for sustainable development of energy sector in India: An integrated Shannon’s entropy fuzzy multi-criteria decision approach," Renewable Energy, Elsevier, vol. 171(C), pages 58-74.
    5. Alan Colin Brent, 2021. "Renewable Energy for Sustainable Development," Sustainability, MDPI, vol. 13(12), pages 1-2, June.
    6. Karaman, Abdullah S. & Orazalin, Nurlan & Uyar, Ali & Shahbaz, Muhammad, 2021. "CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?," Energy Policy, Elsevier, vol. 149(C).
    7. Khaled Ben Abdallah & Mounir Belloumi & Daniel de Wolf, 2013. "Indicators for sustainable energy development: A multivariate cointegration and causality analysis from Tunisian road transport sector," Post-Print halshs-02396815, HAL.
    8. Genevieve LeBaron, 2021. "The Role of Supply Chains in the Global Business of Forced Labour," Journal of Supply Chain Management, Institute for Supply Management, vol. 57(2), pages 29-42, April.
    9. Shahbaz, Muhammad & Karaman, Abdullah S. & Kilic, Merve & Uyar, Ali, 2020. "Board attributes, CSR engagement, and corporate performance: What is the nexus in the energy sector?," Energy Policy, Elsevier, vol. 143(C).
    10. Heledd Jenkins, 2004. "Corporate social responsibility and the mining industry: conflicts and constructs," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 11(1), pages 23-34, March.
    11. Schlör, Holger & Fischer, Wolfgang & Hake, Jürgen-Friedrich, 2013. "Methods of measuring sustainable development of the German energy sector," Applied Energy, Elsevier, vol. 101(C), pages 172-181.
    12. Islam, Sardar M.N., 1997. "Sustainable economic developments in the australian energy sector: Findings of the australian energy planning system optimization model (AEPSOM)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 1(3), pages 229-238, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elżbieta Jasińska & Michał Jasiński, 2022. "Mining Industry Corporate Social Responsibility to Education Development," Resources, MDPI, vol. 11(7), pages 1-18, July.
    2. Helena Fidlerová & Augustín Stareček & Natália Vraňaková & Cagri Bulut & Michael Keaney, 2022. "Sustainable Entrepreneurship for Business Opportunity Recognition: Analysis of an Awareness Questionnaire among Organisations," Energies, MDPI, vol. 15(3), pages 1-15, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Katarzyna Huk & Mateusz Kurowski, 2021. "The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy," Energies, MDPI, vol. 14(18), pages 1-17, September.
    2. Ben Abdallah, Khaled & Belloumi, Mounir & De Wolf, Daniel, 2015. "International comparisons of energy and environmental efficiency in the road transport sector," Energy, Elsevier, vol. 93(P2), pages 2087-2101.
    3. Juhyun Oh, 2023. "The Effects of Local Government Expenditures on Carbon Dioxide Emissions: Evidence from Republic of Korea," Sustainability, MDPI, vol. 15(20), pages 1-15, October.
    4. Larissa Shnayder & Frank J van Rijnsoever & Marko P Hekkert, 2015. "Putting Your Money Where Your Mouth Is: Why Sustainability Reporting Based on the Triple Bottom Line Can Be Misleading," PLOS ONE, Public Library of Science, vol. 10(3), pages 1-23, March.
    5. Shelby D. Hunt, 2017. "Strategic marketing, sustainability, the triple bottom line, and resource-advantage (R-A) theory: Securing the foundations of strategic marketing theory and research," AMS Review, Springer;Academy of Marketing Science, vol. 7(1), pages 52-66, June.
    6. Dyah Maya Nihayah & Evi Gravitiani & Siti Aisyah Tri Rahayu, 2021. "Does the Clean Development Mechanism Exist in Developing Countries After an International Agreement?," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 409-417.
    7. Vintró, Carla & Fortuny, Jordi & Sanmiquel, Lluís & Freijo, Modesto & Edo, Joaquín, 2012. "Is corporate social responsibility possible in the mining sector? Evidence from Catalan companies," Resources Policy, Elsevier, vol. 37(1), pages 118-125.
    8. Laskurain, Iker & Heras-Saizarbitoria, Iñaki & Casadesús, Martí, 2015. "Fostering renewable energy sources by standards for environmental and energy management," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1148-1156.
    9. Shahbaz, Muhammad & Khraief, Naceur & Jemaa, Mohamed Mekki Ben, 2015. "On the causal nexus of road transport CO2 emissions and macroeconomic variables in Tunisia: Evidence from combined cointegration tests," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 89-100.
    10. Mónica Santana & Rafael Morales-Sánchez & Susana Pasamar, 2020. "Mapping the Link between Corporate Social Responsibility (CSR) and Human Resource Management (HRM): How Is This Relationship Measured?," Sustainability, MDPI, vol. 12(4), pages 1-28, February.
    11. Magazzino, Cosimo & Giolli, Lorenzo, 2021. "The relationship among railway networks, energy consumption, and real added value in Italy. Evidence form ARDL and Wavelet analysis," Research in Transportation Economics, Elsevier, vol. 90(C).
    12. Mª Del Mar Ramos-González & Mercedes Rubio-Andrés & Miguel Ángel Sastre-Castillo, 2017. "Building Corporate Reputation through Sustainable Entrepreneurship: The Mediating Effect of Ethical Behavior," Sustainability, MDPI, vol. 9(9), pages 1-19, September.
    13. Bongani Munkuli & Renee Horne, 2018. "Financial Markets Value Reputation for Corporate Social Responsibility (CSR) – A Study of the South African Mining Sector," Africagrowth Agenda, Africagrowth Institute, vol. 15(2), pages 17-22.
    14. Mark Anthony Camilleri, 2017. "Corporate sustainability and responsibility: creating value for business, society and the environment," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 2(1), pages 59-74, September.
    15. Anna-Maija Lämsä & Suvi Heikkinen & Raminta PuÄ Ä—taitÄ—, 2023. "Social Sustainability, Leadership and Human Resource Management," South Asian Journal of Business and Management Cases, , vol. 12(1), pages 7-13, April.
    16. Joseph Sarkis & Marilyn Michelle Helms & Aref A. Hervani, 2010. "Reverse logistics and social sustainability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 17(6), pages 337-354, November.
    17. Emilio Abad-Segura & Francisco Joaquín Cortés-García & Luis J. Belmonte-Ureña, 2019. "The Sustainable Approach to Corporate Social Responsibility: A Global Analysis and Future Trends," Sustainability, MDPI, vol. 11(19), pages 1-24, September.
    18. Pablo-Romero, M.P. & Cruz, L. & Barata, E., 2017. "Testing the transport energy-environmental Kuznets curve hypothesis in the EU27 countries," Energy Economics, Elsevier, vol. 62(C), pages 257-269.
    19. Schlör, Holger & Fischer, Wolfgang & Hake, Jürgen-Friedrich, 2013. "Sustainable development, justice and the Atkinson index: Measuring the distributional effects of the German energy transition," Applied Energy, Elsevier, vol. 112(C), pages 1493-1499.
    20. Changzheng Zhu & Wenbo Du, 2019. "A Research on Driving Factors of Carbon Emissions of Road Transportation Industry in Six Asia-Pacific Countries Based on the LMDI Decomposition Method," Energies, MDPI, vol. 12(21), pages 1-19, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:23:p:7965-:d:690667. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.