Present approaches and tendencies in sustainable energy strategies in relation to CSR

Abstract

In the context of climate change and increasing globalization, the current business environment has led to more and more norm and society focused business practices specifically pushed by the most recent development in energy economics described earlier. Business networks, business ethics, sustainability, social entrepreneurship and especially social corporate responsibility experience an increasing focus (Olaru et al., 2011b; Loew et al., 2011; Altenburger, 2015). Corporate Social Responsibility (CSR) occasionally also titled as Corporate Responsibility (CR) hereby is the responsibility enterprises voluntarily take on for people as well the environment and the society above existing legal obligations (Suchanek, 2015).