Green Investments and Corporate Social Responsibility: Driving Forces for Sustainable Business Growth

This conceptual paper examines the role of green investments and corporate social responsibility (CSR) as foundational strategies for sustainable business growth. With environmental concerns increasingly shaping corporate practices, green investments—which prioritize eco-friendly and resource-efficient projects—are vital for companies striving to reduce their ecological footprint while enhancing long-term profitability. CSR, as an established framework, integrates social, environmental, and economic priorities, positioning businesses to balance profit generation with societal responsibility. This paper aims to build a theoretical model outlining the synergies between green investments and CSR, emphasizing their collective impact on economic performance, corporate reputation, and stakeholder trust. Through a comprehensive review of the literature, the paper categorizes insights into how CSR and green investments interact to foster resilient, sustainable business practices. The study’s conceptual approach, while constrained by its lack of empirical data, provides a structured foundation for understanding the interplay between these strategies. Future research is encouraged to empirically validate the proposed relationships across industries to deepen insights into how green investments and CSR jointly drive sustainable development and corporate growth.

Authors

Publication Details

Journal
Economic Sciences.
Published
2024-12-20
DOI
https://doi.org/10.69889/eh76b457
Citations
1
Primary Topic
Corporate Social Responsibility Reporting
Type
article
Field-Weighted Citation Impact
0.55
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article

Green Investments and Corporate Social Responsibility: Driving Forces for Sustainable Business Growth

S. S. Tomar, Parveen Yadav Mohd Irfan Pathan
1 citations
Economic Sciences.
Corporate Social Responsibility Reporting
0.55
article

Green Investments and Corporate Social Responsibility: Driving Forces for Sustainable Business Growth

S. S. Tomar, Parveen Yadav Mohd Irfan Pathan
article en
1 citations

Abstract

This conceptual paper examines the role of green investments and corporate social responsibility (CSR) as foundational strategies for sustainable business growth. With environmental concerns increasingly shaping corporate practices, green investments—which prioritize eco-friendly and resource-efficient projects—are vital for companies striving to reduce their ecological footprint while enhancing long-term profitability. CSR, as an established framework, integrates social, environmental, and economic priorities, positioning businesses to balance profit generation with societal responsibility. This paper aims to build a theoretical model outlining the synergies between green investments and CSR, emphasizing their collective impact on economic performance, corporate reputation, and stakeholder trust. Through a comprehensive review of the literature, the paper categorizes insights into how CSR and green investments interact to foster resilient, sustainable business practices. The study’s conceptual approach, while constrained by its lack of empirical data, provides a structured foundation for understanding the interplay between these strategies. Future research is encouraged to empirically validate the proposed relationships across industries to deepen insights into how green investments and CSR jointly drive sustainable development and corporate growth.

Economic Sciences.Vol. 20(2)
Openalex Percentile: Top 19%
Corporate Social Responsibility Reporting
0.55
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Green Investments and Corporate Social Responsibility: Driving Forces for Sustainable Business Growth — S. S. Tomar, Parveen Yadav Mohd Irfan Pathan · Economic Sciences. (2024) | TGRS Research Map | TGRS