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Synergy of corporate social responsibility and sustainability finance: a nexus for positive impact

By: Banerjee, Arindam.
Contributor(s): Banerjee, Sutapa.
Publisher: Kolkata CMA Kaushik Banerjee 2023Edition: Vol.58(12), Dec.Description: 47-50p.Subject(s): Construction Engineering and Management (CEM)Online resources: Click here In: Management and accountant journalSummary: The connection between corporate social responsibility (CSR) and sustainable finance signifies a crucial juncture in the development of business and finance. As businesses acknowledge the interdependence between their activities and the welfare of society and the environment, the incorporation of corporate social responsibility and sustainable financing becomes a crucial strategic need. This synergy represents not just a passing fad, but a profound transformation towards a more sustainable and ethical global economy. The future of business and finance is likely to be shaped by the examples set by industry leaders and the increasing support from regulatory frameworks. This future will prioritize a harmonic balance between profitability and beneficial societal effect. Within this nexus, both enterprises and investors discover not just financial prosperity but also a profound feeling of mission in their efforts to foster a more sustainable and fair world.
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The connection between corporate social responsibility (CSR) and sustainable finance signifies a crucial juncture in the development of business and finance. As businesses acknowledge the interdependence between their activities and the welfare of society and the environment, the incorporation of corporate social responsibility and sustainable financing becomes a crucial strategic need. This synergy represents not just a passing fad, but a profound transformation towards a more sustainable and ethical global economy. The future of business and finance is likely to be shaped by the examples set by industry leaders and the increasing support from regulatory frameworks. This future will prioritize a harmonic balance between profitability and beneficial societal effect. Within this nexus, both enterprises and investors discover not just financial prosperity but also a profound feeling of mission in their efforts to foster a more sustainable and fair world.

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