Many different companies can significantly contribute to the integrated goals and targets of the United Nations sustainable development goals, such as poverty reduction by 2030. Poverty is not only about people living on less than $1.25 per day, but more fundamentally, it is their lack of capabilities and access to participate in productive economic activities. If companies can contribute in order to provide access and the necessary skills, then individuals will have the capabilities to achieve their aspirations, including earning a higher income.
Corporate Social Responsibility and Sustainable Development supports Sens assertions that poverty can be alleviated if the capability of individuals is improved. Beyond that, this book shows that sustainable development goals can be achieved when the companys CSR programs and social capital development in improving peoples capabilities are combined with necessary finance access and market access for the poor. The theoretical model developed from the journey of Astra International, one of the largest public-listed companies in Indonesia, is replicable for other companies aspiring to be sustainable in developing countries. The model shows a virtuous cycle between the corporate aim, CSR programs, social capital and corporate sustainability.
This volume is of great value to academics, practitioners and policy makers interested in the themes of CSR, social capital and sustainable development of developing countries. It also appeals to professionals in industry associations, development agencies and international organizations, as well as NGOs that are concerned with the achievement of sustainable development goals by 2030.
Contents
List of figures
List of tables
Foreword by David Crowther
Acknowledgements
List of acronyms and abbreviations
1 Introduction: corporations and sustainable development goals
Roles of companies in developing countries
Lessons from a responsible company in a developing country
Implications for sustainable development goals
Structure of the book
References
2 Corporate social responsibility and sustainable development in developing countries
Sustainable development issues in developing countries
Extended roles of companies in developing countries
The concept of corporate social responsibility
Strategic corporate social responsibility (CSR)
The importance of stakeholder management in strategic CSR
CSR in developing countries
Conclusion
References
3 Social capital and corporate sustainability in developing countries
Social capital as a form of capital
Defi nitions of social capital
Bonding, strong ties, bridging, weak ties and structural holes
Social capital investment
Benefi ts from social capital investment to corporate sustainability
Conclusion
References
4 Theoretical linkages between sustainable development, corporate social responsibility, social capital and corporate sustainability
Theoretical framework
Research objectives, research gaps and research questions
References
5 Research approach
Considerations for qualitative case study
Research sampling and unit of analysis
Data collection and data management
Data storage and management
Data reduction and data displays
Data analysis
Discussions and drawing conclusions
Issues of qualitative case study
References
6 Indonesia, a very large developing country
Why Indonesia?
The roles of companies and CSR in Indonesia
Mandatory CSR but lack of government law enforcement
Research and knowledge gap on CSR in Indonesia
References
7 Astra, one of the largest companies in Indonesia
Why Astra?
The journey from small business to very large public company
CSR as a strategic business investment
CSR and corporate self-regulation
CSR and stakeholder management
Taking lessons from Astras strategic CSR programs
References
8 Empowering micro and small enterprises to build supply chain and prosperity
MSMEs and poverty alleviation in Indonesia
Evolution of the companys MSME program
Sustainable development and the MSME development program
The MSME program formulation and implementation
The MSME program and social capital development
Social capital and corporate sustainability
Conclusion
References
9 Developing vocational education to secure skilled workers
Vocational education and lack of skilled workers in Indonesia
Evolution of the companys vocational education program
Sustainable development and vocational education program
Vocational education program formulation and implementation
Vocational education program and social capital development
Social capital and corporate sustainability
Conclusion
References
10 Eradicating poverty by empowering smallholder farmers
Palm oil plantations and sustainable development challenges in Indonesia
Public roles of a palm oil company in sustainable development
An overview of the companys CSR program surrounding its palm oil plantations
Evolution of the companys CSR program in palm oil plantations
Sustainable development and empowerment of smallholder farmers
Smallholder program formulation and implementation
Smallholder farmers program and social capital development
Social capital and corporate sustainability
Conclusion
References
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