Impact of Socially Responsible Business Behavior on Implementing the Principles of Sustainable Development (Experience of Large Business)

2023

Closed access Metadata (CSL-JSON)
DOI 10.18280/ijsdp.180819
Data confidence 85 high
How this score is calculated

It is built from checkable properties of the record itself: whether the article has a DOI, how many independent sources confirmed its data, whether the required fields are filled in, and how recent the latest confirmation is. Disagreement between sources and a missing identifier lower it. A value of 80 or above means the record was published without further checking; 60 to 79 means it is published at reduced confidence, with a manual check advisable. A record verified by an editor by hand is never pushed below 90 by a recalculation. This scores our data about the article, not the article itself.

Abstract

The study of business social responsibility often revolves around determining factors that influence the orientation and content of social responsibility programs.This study aims to ascertain the impact of large businesses' social responsibility on implementing sustainable development principles in Russia and Kazakhstan, specifically in the oil and gas industry.Through an expert survey, the paper identifies key efforts in conducting socially responsible business, major components of business social responsibility, and critical arguments for adopting a socially responsible policy.An analysis of oil and gas companies' corporate websites reveals principles of sustainable development implemented by large Kazakh and Russian companies.The findings suggest that corporate social responsibility underpins the principles of sustainable development and the achievement of the UN Sustainable Development Goals.Such responsibility creates opportunities for improving human life quality, environmental protection, and rational resource usage at the regional level.Therefore, enhancing corporate social responsibility is recommended for businesses, regardless of their operational scope.