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Reprioritising Sustainable Development Goals in the Post-COVID-19 Global Context: Will a Mandatory Corporate Social Responsibility Regime Help?

Author

Listed:
  • Rajiv Nair

    (Department of Management, Amrita Vishwa Vidyapeetham, Amritapuri, Kollam 690525, India)

  • P.K Viswanathan

    (Department of Management, Amrita Vishwa Vidyapeetham, Amritapuri, Kollam 690525, India)

  • Bettina Lynda Bastian

    (USEK Business School, Holy Spirit University of Kaslik, Jounieh 1200, Lebanon)

Abstract

The impact of COVID-19 on the United Nations Sustainable Development Goals (SDGs) continues to be researched. Initial signals warn of significant setbacks in achieving SDG targets by 2030. The achievement of SDGs could abet improved protection from future pandemics. This article suggests reprioritizing SDGs to facilitate a more robust global response to future pandemics. Specifically, we recommend that SDGs 3, 6, 5 and 4 (in that order) are prioritized in order to optimize efforts at a more inclusive and resilient socio-economic recovery post-pandemic. This paper suggests that mandatory CSR regimes enable governments, in combination with corporate fiscal resources, to influence the selection and progress of these SDGs. The case of India’s mandatory CSR regime is employed to illustrate our position. This study extends the debate on SDGs by raising the possibility of universal concentration on a few critical SDGs.

Suggested Citation

  • Rajiv Nair & P.K Viswanathan & Bettina Lynda Bastian, 2021. "Reprioritising Sustainable Development Goals in the Post-COVID-19 Global Context: Will a Mandatory Corporate Social Responsibility Regime Help?," Administrative Sciences, MDPI, vol. 11(4), pages 1-16, December.
  • Handle: RePEc:gam:jadmsc:v:11:y:2021:i:4:p:150-:d:697778
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    References listed on IDEAS

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    1. Izabella Lecka & Janusz Gudowski & Tomasz Wołowiec, 2022. "CSR in Poland and the Implementation of Sustainable Development Goals in the Energy Sector during the COVID-19 Pandemic," Energies, MDPI, vol. 15(19), pages 1-25, September.
    2. Nadia A. Abdelmegeed Abdelwahed & Bettina Lynda Bastian & Bronwyn P. Wood, 2022. "Women, Entrepreneurship, and Sustainability: The Case of Saudi Arabia," Sustainability, MDPI, vol. 14(18), pages 1-18, September.

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