IMPACT OF CSR AND SDGS INITIATIVES ON IT SECTOR

Abstract

Over the past decades, the topic of sustainable development has become increasingly important, both in terms of economic policies and human development of a country. Around the world, countries are focusing more on long term sustainability goals to achieve a steady and continuous development of their people and communities. To concur problems which has occurred due to selfish needs and comfort of human beings. United Nations along with world leaders have proposed Sustainable Developmental Goals famously known as SGDs. There are 17 SGDs in total which UN is currently focusing on. As major role in a country development and advancement was driven by companies who were working in core sectors like coal, oil, textile, minerals, liquors, weapon and technology. These sectors were also known to have quite negative impact on environment. So, to create a positive image on society as well as give back to community Frederick Goff, suggested idea of social contract to between business and society. Similar, to that concept later idea of Corporate Social Responsibilities (CSR) initiatives. So, that corporate companies around the world have a positive relationship with society and contribute towards its development as well instead of just being limited to business transactions.