One response to “Valuable Tools and Instruments for CSR Engagement

  1. Interesting article. Although I am a firm believer in standards I also recognize that they must be enforced judiciously lest they become manacles to progress rather than aids. As an aside, my colleague Dr. Parisa Ellisor and I have a book chapter to be published this fall (we are told). The chapter is called “Corporate Social Responsibility and Stakeholders in the Oil Industry: A Relationship Analysis.” The book is titled “Corporate Responsibility: Social Action, Institutions and Governance”, edited by R. Manos and I. Drori and also published by Palgrave McMillan. An abstract of our chapter follows:
    Petroleum refineries have been identified by the U.S. Environmental Protection Agency as one of the major sources for emissions of hazardous air pollutants. The largest number of active petroleum refineries in the United States is located in Texas. The stringent federal and state environmental regulations and mandates imposed on this industry are only part of the solution in managing such emissions. Following the concept of corporate social responsibility, specifically corporate environmental responsibility, the petroleum refining industry in cooperation and collaboration with its key stakeholders may be more successful in controlling and reducing emissions of hazardous air pollutants from its operations. This study performed a quantitative evaluation of the relationship between stakeholder’s influence and corporate environmental responsibility efforts of the Texas petroleum refineries and offers suggestions for future action by the government, non government organizations and the community.

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