Social Responsibility of Multinational Oil Companies and the Challenge of Local Communities - Any Prospects for Reconciliation?
Article from: OGEL 4 (2004), in Environmental, Social and Governance (ESG)
Summary
A major issue in corporate social responsibility today is the enlargement of the social obligations of multinational corporations, regardless of the sectors of operation, to cover provision of social services in countries where they operate, particularly in developing countries. This is the new CSR agenda as shaped and pushed by civil society groups. It is this agenda and its implications for MNCs, particularly in the oil and gas industry, which constitutes the focus of this paper. This paper argues that CSR is not a substitute for good governance, viable and efficient ...