Main Article Content
Abstract
Purpose: This study examines the integration of Corporate Social Responsibility (CSR) into environmental social accounting to promote corporate sustainability and community welfare. The goal is to assess how CSR practices contribute to long-term corporate value while ensuring transparency in reporting social and environmental impacts.
Research Design and Methodology: The research employs systematic literature review methodology, analyzing academic papers, reports, and case studies on CSR and environmental social accounting. The review identifies frameworks and practices that help companies measure and report CSR outcomes effectively.
Findings and Discussion: The study highlights the effectiveness of CSR integration in enhancing corporate reputation, stakeholder trust, and sustainability efforts. It also identifies challenges in reporting consistency, mainly due to the lack of standardized frameworks, which can lead to discrepancies in evaluating CSR performance. The role of technology in improving CSR reporting accuracy and transparency is emphasized.
Implications: The research offers practical insights for businesses integrating CSR into their operations. It suggests adopting standardized reporting frameworks and digital tools for better data collection. These steps will enhance CSR’s impact on corporate performance and community welfare, fostering long-term sustainability.
Keywords
Article Details

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References
- Ali, S. S., & Kaur, R. (2021). Effectiveness of corporate social responsibility (CSR) in implementation of social sustainability in warehousing of developing countries: A hybrid approach. Journal of Cleaner Production, 324, 129154. https://doi.org/https://doi.org/10.1016/j.jclepro.2021.129154
- Baldassarre, F., & Campo, R. (2016). Sustainability as a marketing tool: To be or to appear to be? Business Horizons, 59(4), 421–429. https://doi.org/https://doi.org/10.1016/j.bushor.2016.03.005
- Baumann-Pauly, D., Wickert, C., Spence, L. J., & Scherer, A. G. (2013). Organizing Corporate Social Responsibility in Small and Large Firms: Size Matters. Journal of Business Ethics, 115(4), 693–705. https://doi.org/10.1007/s10551-013-1827-7
- Bennett, M., James, P., & Klinkers, L. (2017). Sustainable measures: Evaluation and reporting of environmental and social performance. Routledge.
- Caputo, F., Pizzi, S., Ligorio, L., & Leopizzi, R. (2021). Enhancing environmental information transparency through corporate social responsibility reporting regulation. Business Strategy and the Environment, 30(8), 3470–3484. https://doi.org/10.1002/bse.2814
- Carroll, A. B. (1961). The Pyramid of Corporate Social Responsibility : Toward the Moral Management of Organizational Stakeholders Wp. 39–48.
- Cezarino, L. O., Liboni, L. B., Hunter, T., Pacheco, L. M., & Martins, F. P. (2022). Corporate social responsibility in emerging markets: Opportunities and challenges for sustainability integration. Journal of Cleaner Production, 362, 132224. https://doi.org/https://doi.org/10.1016/j.jclepro.2022.132224
- Crane, A., Matten, D., & Spence, L. (2014). Corporate social responsibility: Readings and cases in a global context. Routledge.
- Crifo, P., Diaye, M.-A., & Pekovic, S. (2016). CSR related management practices and firm performance: An empirical analysis of the quantity–quality trade-off on French data. International Journal of Production Economics, 171, 405–416. https://doi.org/https://doi.org/10.1016/j.ijpe.2014.12.019
- ElAlfy, A., Palaschuk, N., El-Bassiouny, D., Wilson, J., & Weber, O. (2020). Scoping the evolution of corporate social responsibility (CSR) research in the sustainable development goals (SDGS) era. Sustainability (Switzerland), 12(14). https://doi.org/10.3390/su12145544
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- Fatima, T., & Elbanna, S. (2023). Corporate Social Responsibility (CSR) Implementation: A Review and a Research Agenda Towards an Integrative Framework. Journal of Business Ethics, 183(1), 105–121. https://doi.org/10.1007/s10551-022-05047-8
- Halkos, G., & Nomikos, S. (2021). Corporate social responsibility: Trends in global reporting initiative standards. Economic Analysis and Policy, 69, 106–117. https://doi.org/https://doi.org/10.1016/j.eap.2020.11.008
- Laine, M., Tregidga, H., & Unerman, J. (2021). Sustainability accounting and accountability. Routledge.
- Le, T. T. (2023). Corporate social responsibility and SMEs’ performance: mediating role of corporate image, corporate reputation and customer loyalty. International Journal of Emerging Markets, 18(10), 4565–4590. https://doi.org/10.1108/IJOEM-07-2021-1164
- Liang, H., & Renneboog, L. (2020). Corporate Social Responsibility and Sustainable Finance : A Review of the Literature. September. https://doi.org/10.2139/ssrn.3698631
- Lu, J., Liang, M., Zhang, C., Rong, D., Guan, H., Mazeikaite, K., & Streimikis, J. (2021). Assessment of corporate social responsibility by addressing sustainable development goals. Corporate Social Responsibility and Environmental Management, 28(2), 686–703.
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- Pompper, D. (2015). Corporate social responsibility, sustainability and public relations: Negotiating multiple complex challenges. Routledge.
- Rela, I. Z., Awang, A. H., Ramli, Z., Md Sum, S., & Meisanti, M. (2020). Effects of environmental corporate social responsibility on environmental well‐being perception and the mediation role of community resilience. Corporate Social Responsibility and Environmental Management, 27(5), 2176–2187. https://doi.org/10.1002/csr.1956
- Seele, P. (2016). Digitally unified reporting: how XBRL-based real-time transparency helps in combining integrated sustainability reporting and performance control. Journal of Cleaner Production, 136, 65–77. https://doi.org/https://doi.org/10.1016/j.jclepro.2016.01.102
- Sethi, S. P., Martell, T. F., & Demir, M. (2017). An Evaluation of the Quality of Corporate Social Responsibility Reports by Some of the World’s Largest Financial Institutions. Journal of Business Ethics, 140(4), 787–805. https://doi.org/10.1007/s10551-015-2878-8
- Shayan, N. F., Mohabbati-kalejahi, N., & Alavi, S. (2022). Sustainable Development Goals ( SDGs ) as a Framework for Corporate Social Responsibility (CSR). 1–27. https://doi.org/10.3390/su14031222
- Sheehy, B., & Farneti, F. (2021). Corporate Social Responsibility , Sustainability , Sustainable Development and Corporate Sustainability : What Is the Difference , and Does It Matter ? https://doi.org/10.3390/su13115965
- Svendsen, A. (1998). The stakeholder strategy: Profiting from collaborative business relationships. Berrett-Koehler Publishers.
- Wahyuni, W., Hidayat, J., Ramli, N. R. A., Syam, S. A. N., & Salsabilah, D. (2024). Sustainability in Business: Integrating CSR into Long-term Strategy. Advances in Business & Industrial Marketing Research, 2(3 SE-Articles), 138–149. https://doi.org/10.60079/abim.v2i3.354
- Williams, O. F. (2013). Corporate social responsibility: The role of business in sustainable development. Routledge.
- Wood, T. J., & Agricultural, N. C. (2024). Perceived Corporate Social Responsibility And Customers. August. https://doi.org/10.13140/RG.2.2.16643.92960
References
Ali, S. S., & Kaur, R. (2021). Effectiveness of corporate social responsibility (CSR) in implementation of social sustainability in warehousing of developing countries: A hybrid approach. Journal of Cleaner Production, 324, 129154. https://doi.org/https://doi.org/10.1016/j.jclepro.2021.129154
Baldassarre, F., & Campo, R. (2016). Sustainability as a marketing tool: To be or to appear to be? Business Horizons, 59(4), 421–429. https://doi.org/https://doi.org/10.1016/j.bushor.2016.03.005
Baumann-Pauly, D., Wickert, C., Spence, L. J., & Scherer, A. G. (2013). Organizing Corporate Social Responsibility in Small and Large Firms: Size Matters. Journal of Business Ethics, 115(4), 693–705. https://doi.org/10.1007/s10551-013-1827-7
Bennett, M., James, P., & Klinkers, L. (2017). Sustainable measures: Evaluation and reporting of environmental and social performance. Routledge.
Caputo, F., Pizzi, S., Ligorio, L., & Leopizzi, R. (2021). Enhancing environmental information transparency through corporate social responsibility reporting regulation. Business Strategy and the Environment, 30(8), 3470–3484. https://doi.org/10.1002/bse.2814
Carroll, A. B. (1961). The Pyramid of Corporate Social Responsibility : Toward the Moral Management of Organizational Stakeholders Wp. 39–48.
Cezarino, L. O., Liboni, L. B., Hunter, T., Pacheco, L. M., & Martins, F. P. (2022). Corporate social responsibility in emerging markets: Opportunities and challenges for sustainability integration. Journal of Cleaner Production, 362, 132224. https://doi.org/https://doi.org/10.1016/j.jclepro.2022.132224
Crane, A., Matten, D., & Spence, L. (2014). Corporate social responsibility: Readings and cases in a global context. Routledge.
Crifo, P., Diaye, M.-A., & Pekovic, S. (2016). CSR related management practices and firm performance: An empirical analysis of the quantity–quality trade-off on French data. International Journal of Production Economics, 171, 405–416. https://doi.org/https://doi.org/10.1016/j.ijpe.2014.12.019
ElAlfy, A., Palaschuk, N., El-Bassiouny, D., Wilson, J., & Weber, O. (2020). Scoping the evolution of corporate social responsibility (CSR) research in the sustainable development goals (SDGS) era. Sustainability (Switzerland), 12(14). https://doi.org/10.3390/su12145544
Elkington, J. (2018). 25 years ago I coined the phrase “triple bottom line.” Here’s why it’s time to rethink it. Harvard Business Review, 25(June), 2–5.
Endrikat, J., Guenther, T. W., & Titus, R. (2020). Consequences of strategic performance measurement systems: A meta-analytic review. Journal of Management Accounting Research, 32(1), 103–136. https://doi.org/10.2308/jmar-52575
Fatima, T., & Elbanna, S. (2023). Corporate Social Responsibility (CSR) Implementation: A Review and a Research Agenda Towards an Integrative Framework. Journal of Business Ethics, 183(1), 105–121. https://doi.org/10.1007/s10551-022-05047-8
Halkos, G., & Nomikos, S. (2021). Corporate social responsibility: Trends in global reporting initiative standards. Economic Analysis and Policy, 69, 106–117. https://doi.org/https://doi.org/10.1016/j.eap.2020.11.008
Laine, M., Tregidga, H., & Unerman, J. (2021). Sustainability accounting and accountability. Routledge.
Le, T. T. (2023). Corporate social responsibility and SMEs’ performance: mediating role of corporate image, corporate reputation and customer loyalty. International Journal of Emerging Markets, 18(10), 4565–4590. https://doi.org/10.1108/IJOEM-07-2021-1164
Liang, H., & Renneboog, L. (2020). Corporate Social Responsibility and Sustainable Finance : A Review of the Literature. September. https://doi.org/10.2139/ssrn.3698631
Lu, J., Liang, M., Zhang, C., Rong, D., Guan, H., Mazeikaite, K., & Streimikis, J. (2021). Assessment of corporate social responsibility by addressing sustainable development goals. Corporate Social Responsibility and Environmental Management, 28(2), 686–703.
Mishra, L. (2021). Corporate social responsibility and sustainable development goals: A study of Indian companies. Journal of Public Affairs, 21(1), e2147. https://doi.org/10.1002/pa.2147
Pompper, D. (2015). Corporate social responsibility, sustainability and public relations: Negotiating multiple complex challenges. Routledge.
Rela, I. Z., Awang, A. H., Ramli, Z., Md Sum, S., & Meisanti, M. (2020). Effects of environmental corporate social responsibility on environmental well‐being perception and the mediation role of community resilience. Corporate Social Responsibility and Environmental Management, 27(5), 2176–2187. https://doi.org/10.1002/csr.1956
Seele, P. (2016). Digitally unified reporting: how XBRL-based real-time transparency helps in combining integrated sustainability reporting and performance control. Journal of Cleaner Production, 136, 65–77. https://doi.org/https://doi.org/10.1016/j.jclepro.2016.01.102
Sethi, S. P., Martell, T. F., & Demir, M. (2017). An Evaluation of the Quality of Corporate Social Responsibility Reports by Some of the World’s Largest Financial Institutions. Journal of Business Ethics, 140(4), 787–805. https://doi.org/10.1007/s10551-015-2878-8
Shayan, N. F., Mohabbati-kalejahi, N., & Alavi, S. (2022). Sustainable Development Goals ( SDGs ) as a Framework for Corporate Social Responsibility (CSR). 1–27. https://doi.org/10.3390/su14031222
Sheehy, B., & Farneti, F. (2021). Corporate Social Responsibility , Sustainability , Sustainable Development and Corporate Sustainability : What Is the Difference , and Does It Matter ? https://doi.org/10.3390/su13115965
Svendsen, A. (1998). The stakeholder strategy: Profiting from collaborative business relationships. Berrett-Koehler Publishers.
Wahyuni, W., Hidayat, J., Ramli, N. R. A., Syam, S. A. N., & Salsabilah, D. (2024). Sustainability in Business: Integrating CSR into Long-term Strategy. Advances in Business & Industrial Marketing Research, 2(3 SE-Articles), 138–149. https://doi.org/10.60079/abim.v2i3.354
Williams, O. F. (2013). Corporate social responsibility: The role of business in sustainable development. Routledge.
Wood, T. J., & Agricultural, N. C. (2024). Perceived Corporate Social Responsibility And Customers. August. https://doi.org/10.13140/RG.2.2.16643.92960