Introduction

Corporate Responsibility or Corporate Social Responsibility (i.e. "CSR), which can be succinctly defined as the effort of business to pursue activities in a responsible manner taking into consideration the economic, social and environmental impacts of its activities, is not a new concept. Anyone with an interest in business, in particular in the oil and gas sector, has inevitably come across the notion of CSR, which originated sometime in the 1990s. Yet, since the outset, there have been differing views about what it means and how effective it is in practice. Critics have argued ...