Skip to main content

Corporate Social Responsibility in the Energy Sector: Towards Sustainability

  • Chapter
  • First Online:
Energy Transition

Abstract

The energy sector faces challenges to ensure long-term supply from reliable sources in order to satisfy demand, which has been growing due to modern lifestyles and technological innovations. Simultaneously, attention needs to be paid to the Corporate Social Responsibility (CSR) and Sustainability of energy companies as they belong to the environmentally sensitive sector. Globalization, industrialization, and urbanization have triggered climate change, emissions, and pollutions. Both CSR and Sustainability address the responsible and sustainable use of resources while considering social, ecological, and economic dimensions of business practice. To increase sustainability and satisfy the demand for energy, countries should develop and utilize renewable resources as well as efficiently use energy sources. Responsible energy companies integrate sustainability into their business strategies. In this chapter, the corporate social responsibility of energy companies is discussed with the emphasis on sustainable energy resources, and sustainability in the energy sector is outlined, followed by the examples of CSR of Bulgarian and Georgian energy companies. The final section deals with conclusions.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Iza Gigauri .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Gigauri, I., Vasilev, V. (2022). Corporate Social Responsibility in the Energy Sector: Towards Sustainability. In: Khan, S.A.R., Panait, M., Puime Guillen, F., Raimi, L. (eds) Energy Transition. Industrial Ecology. Springer, Singapore. https://doi.org/10.1007/978-981-19-3540-4_10

Download citation

Publish with us

Policies and ethics