Exploring the relationship between CSR, SDGs, and Business Sustainability: A Literature Review

Abstract

The paper aims to analyse existing literature research, explore the relationship between CSR, SDGs, and business sustainability, and understand the potential for companies to contribute to sustainable development. To accomplish the paper's primary objective and achieve its goals, a comprehensive review of the existing research in the field of CSR has been carried out through the application of the archival research methodology to accumulate trustworthy resources and information. By aligning their CSR efforts with the SDGs and integrating sustainability practices, businesses can work towards a more responsible and sustainable future, foster stakeholder trust, and enhance their long-term viability. However, incorporating CSR, SDGs, and sustainability into business strategy and operations faces challenges, including the lack of defined criteria and standards for measurement and reporting. While CSR has positive effects, it may not be sufficient to address more significant issues of inequality and injustice, requiring government action as well. Businesses that develop sustainable technologies and models can play a vital role in solving global problems such as poverty alleviation and environmental preservation.