Critical Study of Environmental CSR Policies Implementation and Sustainable Development Goals

  • Pournima U. Bandri and Kajori Bhatnagar
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  • Pournima U. Bandri

    LL.M. student at Christ Deemed to be university, India

  • Kajori Bhatnagar

    Assistant Professor at Christ Deemed to be university, India

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Abstract

The phrase 'The World is one family' symbolizes the significance of Sustainable Development Goals (SDGs) and underscores the interdependence among the 17 specified goals, aiming for global balance and peace. In light of current global events and resulting conflicts, the protection of the environment and strides toward sustainability emerge as paramount considerations in all human endeavors, particularly in trade. Trade, as a fundamental driver of globalization and transformation, assumes a crucial role in striving toward the benchmarks of Sustainable Development Goals. Consequently, Environmental Corporate Social Responsibility (ECSR) policies are posited to exert a considerable influence on the achievement of SDGs . This paper aims to scrutinize the implementation of ECSR policies in aligning with the United Nations' SDGs and their pertinence to international trade activities through the examination of various reports and secondary data sources. Global trade has expanded its scope for the exchange of goods and services due to globalization, yet it also contributes to inequitable circumstances among different groups, disparate resource allocations across communities, limited accessibility and opportunities, and environmental harm resulting from various trade activities. Recent events, such as warfare and pandemics, have highlighted globally shared vulnerabilities, reinforcing the notion that a threat to security or health in one part of the world can imperil the entire globe. Moreover, measures implemented in one region for safety and health purposes can propagate worldwide, underlining the concept of 'humans' as a unified global community. This paper provides an analysis of the implementation, significance, and impact of ECSR policies in international trade, examining their interconnectedness with the SDG 2030 agenda.

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Research Paper

Information

International Journal of Legal Science and Innovation, Volume 6, Issue 2, Page 218 - 227

DOI: https://doij.org/10.10000/IJLSI.111798

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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