Corporate social responsibilities in oil and gas industries

Corporate Social Responsibility (CSR) has emerged as a business approach for addressing the social and environmental impact of company activities. Companies from the oil and gas sector have been at the center of CSR development. With increasing expectations placed on business, one needs to ask if CSR is able to fulfill these larger expectations. Therefore, the aim of this article is to analyze CSR’s potential and limitations for contributing towards wider societal challenges. This investigates the key areas of CSR policies where oil companies are expected to make a positive contribution improvement in environmental performance, development and governance. 

12.1 Reputational Risk

12.2 Corporate social Responsibilities and Environment

12.3 Corporate social Responsibilities and Governance

12.4 Corporate social Responsibilities and Development

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