The Journal of World Energy Law & Business Advance Access originally published online on September 10, 2009
The Journal of World Energy Law & Business 2009 2(3):178-195; doi:10.1093/jwelb/jwp012
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© The Author 2009. Published by Oxford University Press on behalf of the AIPN. All rights reserved.
Corporate social responsibility in the oil and gas sector
drzej George Frynas*
| The first 150 words of the full text of this article appear below. |
Companies are increasingly expected to assist in addressing many of the worlds pressing problems including climate change, poverty and HIV/AIDS. According to a 2007 survey by the consultancy firm McKinsey carried out amongst the chief executive officers (CEOs) of companies, 95 per cent of the CEOs believe that society has greater expectations than it did 5 years ago that companies will assume public responsibilities. More than half of the CEOs believe that these expectations will further increase significantly during the next 5 years.1
Corporate social responsibility (CSR) has emerged as a business approach for addressing the social and environmental impact of company activities. Companies from the oil and gas sector have been at the centre of CSR development. With increasing expectations placed on business, one needs to ask if CSR is able to fulfil these larger expectations. Therefore, the aim of this article is to analyse CSRs potential and limitations for contributing
| What is CSR? |
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| CSR in oil and gas |
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| CSR and environment |
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| CSR and development |
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| CSR and governance |
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| Conclusions |
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J World Energy Law Bus 2009 2: 175-177.[Extract] [Full Text]