Exploring the Synergies: How Sustainable Development Goals Are Shaping Corporate Social Responsibility

Abstract

The professional paper analyzes the integration of the Sustainable Development Goals (SDGs) into corporate social responsibility (CSR) strategies. The primary goal of the work is to identify whether corporations rely on the SDGs framework while setting the goals for their responsibility plans. How aware are corporations of the SDGs? Do they align their internal business goals with the SDGs? What is the role of stakeholders such as customers, employees, investors, and regulators in forming priorities for CSR? Qualitative analysis of the global responsibility reports identified that big corporations do not considerably rely on SDGs as their primary benchmark for composing their responsibility plans. Instead, companies predominantly follow the current political and economic agenda to meet their stakeholders’ interests and needs. By identifying this gap between SDGs and internal CSR goals, the professional paper paves the way to further research on more effective tools of incorporation of SDGs into CSR.