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Corporate social responsibility for implementation of sustainable energy development in Baltic States

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  • Streimikiene, Dalia
  • Simanaviciene, Zaneta
  • Kovaliov, Ruslan

Abstract

This article analyses the main problems and challenges of corporate social responsibility in energy sector in Baltic States. Development of socially responsible business in energy sector can provide for the implementation of sustainable energy development without state interventions. This voluntary measure implemented by energy enterprises can ensure efficient public-private partnership in achieving sustainable development targets. The analysis of corporate social responsibility development in energy sector of Baltic States is provided and positive impact of corporate social responsibility on sustainable energy development is evaluated.

Suggested Citation

  • Streimikiene, Dalia & Simanaviciene, Zaneta & Kovaliov, Ruslan, 2009. "Corporate social responsibility for implementation of sustainable energy development in Baltic States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(4), pages 813-824, May.
    • Handle: RePEc:eee:rensus:v:13:y:2009:i:4:p:813-824
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    References listed on IDEAS

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    1. David P. Baron, 2001. "Private Politics, Corporate Social Responsibility, and Integrated Strategy," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(1), pages 7-45, March.
    2. Mark Bagnoli & Susan G. Watts, 2003. "Selling to Socially Responsible Consumers: Competition and The Private Provision of Public Goods," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(3), pages 419-445, September.
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    1. Halkos, George & Nomikos, Stylianos, 2021. "Corporate social responsibility: Trends in global reporting initiative standards," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 106-117.
    2. Anna Chwiłkowska-Kubala & Szymon Cyfert & Kamila Malewska & Katarzyna Mierzejewska & Witold Szumowski, 2021. "The Relationships among Social, Environmental, Economic CSR Practices and Digitalization in Polish Energy Companies," Energies, MDPI, vol. 14(22), pages 1-20, November.
    3. Wadim Strielkowski & Elena Tarkhanova & Natalia Baburina & Justas Streimikis, 2021. "Corporate Social Responsibility and the Renewable Energy Development in the Baltic States," Sustainability, MDPI, vol. 13(17), pages 1-18, September.
    4. Tomasz L. Nawrocki & Danuta Szwajca, 2021. "A Multidimensional Comparative Analysis of Involvement in CSR Activities of Energy Companies in the Context of Sustainable Development Challenges: Evidence from Poland," Energies, MDPI, vol. 14(15), pages 1-19, July.
    5. Magdalena M. Stuss & Zbigniew J. Makieła & Agnieszka Herdan & Gabriela Kuźniarska, 2021. "The Corporate Social Responsibility of Polish Energy Companies," Energies, MDPI, vol. 14(13), pages 1-16, June.
    6. Aleksandras Vytautas Rutkauskas, 2012. "Using Sustainability Engineering to Gain Universal Sustainability Efficiency," Sustainability, MDPI, vol. 4(6), pages 1-19, May.
    7. Jintao Lu & Licheng Ren & Siqin Yao & Jiayuan Qiao & Wadim Strielkowski & Justas Streimikis, 2019. "Comparative Review of Corporate Social Responsibility of Energy Utilities and Sustainable Energy Development Trends in the Baltic States," Energies, MDPI, vol. 12(18), pages 1-21, September.
    8. Magdalena Kludacz-Alessandri & Małgorzata Cygańska, 2021. "Corporate Social Responsibility and Financial Performance among Energy Sector Companies," Energies, MDPI, vol. 14(19), pages 1-16, September.
    9. Wang, Qunwei & Zhao, Zengyao & Zhou, Peng & Zhou, Dequn, 2013. "Energy efficiency and production technology heterogeneity in China: A meta-frontier DEA approach," Economic Modelling, Elsevier, vol. 35(C), pages 283-289.
    10. Halkos, George & Nomikos, Stylianos, 2021. "Business concerns regarding environmental responsibility," MPRA Paper 105330, University Library of Munich, Germany.
    11. Grishnova Olena & Bereziuk Kateryna & Bilan Yuriy, 2021. "Evaluation of the level of corporate social responsibility of Ukrainian nuclear energy producers," Management & Marketing, Sciendo, vol. 16(2), pages 152-166, June.
    12. Sascha Samadi, 2017. "The Social Costs of Electricity Generation—Categorising Different Types of Costs and Evaluating Their Respective Relevance," Energies, MDPI, vol. 10(3), pages 1-37, March.
    13. Ramírez-Orellana, Alicia & Martínez-Victoria, MCarmen & García-Amate, Antonio & Rojo-Ramírez, Alfonso A., 2023. "Is the corporate financial strategy in the oil and gas sector affected by ESG dimensions?," Resources Policy, Elsevier, vol. 81(C).
    14. Yujing Gong & Cheng Yan & Kung‐Cheng Ho, 2021. "The effect of managerial ability on corporate social responsibility and firm value in the energy industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 581-594, March.
    15. Jintao Lu & Licheng Ren & Jiayuan Qiao & Siqin Yao & Wadim Strielkowski & Justas Streimikis, 2019. "Corporate Social Responsibility and Corruption: Implications for the Sustainable Energy Sector," Sustainability, MDPI, vol. 11(15), pages 1-20, July.
    16. Chang, Rui-Dong & Zuo, Jian & Zhao, Zhen-Yu & Zillante, George & Gan, Xiao-Long & Soebarto, Veronica, 2017. "Evolving theories of sustainability and firms: History, future directions and implications for renewable energy research," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 48-56.
    17. Zuo, Jian & Zillante, George & Wilson, Lou & Davidson, Kathryn & Pullen, Stephen, 2012. "Sustainability policy of construction contractors: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 3910-3916.
    18. Bryan W. Husted, 2021. "Buen Vivir: A Path to Reimagining Corporate Social Responsibility in Mexico after COVID-19," Sustainability, MDPI, vol. 13(11), pages 1-16, June.

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