Sustainable Development and Corporate Social Responsibility: Linking Goals to Standards

Corporate social responsibility (CSR) is the core of sustainable development of companies. On one hand, the corporate social responsibility of companies is a prerequisite for sustainable business, on the other - sustainable development sets specific requirements for the development of businesses in...

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Bibliographic Details
Main Author: Radostina Bakardjieva
Format: Article
Language:English
Published: Innovations and Sustainability Academy 2016-12-01
Series:Journal of Innovations and Sustainability
Subjects:
Online Access:https://sites.google.com/site/journalinsust/home/journal-of-innovations-and-sustainability-vol-2-no-4-2016/sustainable-development-and-corporate-social-responsibility-linking-goals-to-standards
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Summary:Corporate social responsibility (CSR) is the core of sustainable development of companies. On one hand, the corporate social responsibility of companies is a prerequisite for sustainable business, on the other - sustainable development sets specific requirements for the development of businesses in the context of increasing requirements to the degree of quality and reliability of financial information. In recent years, sustainable development has become a strategic issue for companies and this trend applies to Bulgarian companies too. Development of non-financial reporting is a very dynamic process, whose peak is the establishment of an integrated system of accountability. Current paper makes analyses of advantages of CSR linking it to the implementation of sustainable development goals through the integrated reporting following the requirements of the standards of the Global Reporting Initiative (GRI).
ISSN:2367-8151
2367-8151