By Jedrzej George Frynas
Company Social accountability (CSR) has emerged as a huge strategy for addressing the social and environmental effect of corporation actions. but businesses are more and more anticipated to move past this. they're now usually anticipated to help in addressing the various world's such a lot urgent difficulties, together with weather switch, poverty and HIV/AIDS. With expanding expectancies put on company, this e-book asks if CSR is in a position to offering on those greater expectancies. It does so through investigating an that has been on the centre of the CSR improvement - the oil and fuel area. businesses from constructed international locations comparable to Exxon and Shell, in addition to businesses from rising economies corresponding to Brazil's Petrobras and China's CNOOC, the booklet investigates the opportunity of CSR for addressing 3 very important demanding situations within the business-society courting: the surroundings, improvement and governance.
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Extra info for Beyond Corporate Social Responsibility: Oil Multinationals and Social Challenges
The word hydrocarbon refers to mixtures of chemical substances, which primarily consist of carbon and hydrogen atoms. But names can be confusing to the layman. As liquid and gaseous hydrocarbons are closely related, the word ‘petroleum’ is sometimes used to refer to both petroleum and natural gas. Coal is also a hydrocarbon, but petroleum-related books usually refer to oil and natural gas when they talk about hydrocarbons. Hydrocarbons come in different shapes and have very different characteristics.
Taking climate change strategies as an example of this convergence, they argued: Participation in industry associations and climate change meetings provided arenas within which expectations concerning science, policy, markets and technologies tended to converge. Key managers 28 * Beyond Corporate Social Responsibility responsible for climate strategy in each of the companies studied were on first name terms and had met each other frequently during many official negotiating sessions and conferences.
A holistic understanding of the industry’s social and environmental impact depends, therefore, on a relatively high level of technical expertise. The industry’s social and environmental impact does, of course, depend on the manner in which companies operate. The next section explains how companies go about finding and producing hydrocarbons. Exploration and production In the early days of the modern oil and gas industry in the nineteenth century, the search for oil was conducted in a haphazard manner.
Beyond Corporate Social Responsibility: Oil Multinationals and Social Challenges by Jedrzej George Frynas