Corporate Environmental Responsibility (CER) is an evolution of the broader concept of Corporate Social Responsibility (CSR), reflecting a growing recognition of the need for businesses to address environmental issues specifically. CSR, at its core, involves companies taking responsibility for their impact on society and the environment, going beyond mere compliance with legal requirements to engage in ethical practices that benefit both stakeholders and the community. CSR encompasses a wide range of activities, from supporting charitable causes to ensuring fair labour practices and promoting ethical business operations. As global environmental challenges have intensified, CER has emerged as a distinct focus within CSR, emphasizing the necessity for companies to address environmental concerns more rigorously. International policies play a significant role in shaping CER by setting standards and frameworks that guide corporate behaviour in relation to environmental sustainability. These policies, such as the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), establish global benchmarks for reducing greenhouse gas emissions, managing resources efficiently, and mitigating pollution.
For instance, the Paris Agreement mandates emission reduction targets that influence corporate strategies, prompting companies to adopt cleaner technologies and sustainable practices. The SDGs encourage integration of sustainability into business operations, addressing critical issues like responsible consumption and resource management. By aligning with these international frameworks, businesses not only comply with global standards but also contribute to broader sustainability goals.
This article examines CER which was a specialized extension of CSR, focusing on environmental stewardship guided by international policies and how these policies have influenced corporate behaviour, leading businesses to balance their economic activities with environmental protection.
