Journal
INTEGRATED ENVIRONMENTAL ASSESSMENT AND MANAGEMENT
Volume 19, Issue 5, Pages 1254-1275Publisher
WILEY
DOI: 10.1002/ieam.4740
Keywords
Corporate social responsibility; European Union; Fuzzy approach; Multicriteria decision models; Sustainable development goals (SDGs)
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Corporate social responsibility (CSR) is crucial for sustainable development, but faces multiple challenges. This study ranks EU countries using a novel picture fuzzy SWARA-TOPSIS method and identifies leadership mindset and corporate commitment as the most significant issues for CSR adoption. Italy performs the best, while Malta performs the worst in adopting CSR for sustainability.
Corporate social responsibility (CSR) has become crucial to businesses seeking to adopt sustainable development. However, there are several challenges to CSR adoption for sustainability that the present research aims to identify and evaluate, in addition to assessing the EU's response to these challenges. To this end, a novel picture fuzzy SWARA-TOPSIS method is proposed to rank EU countries after identifying the challenges that they face through a literature review. The results indicate that out of eight identified challenges, Leadership Mindset and Corporate Commitment is the most significant issue to CSR adoption for sustainability. Additionally, Italy shows the best performance in adopting CSR for sustainability, while Malta shows the worst. These results are discussed, and policy implications are presented. (c) 2023 SETAC
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