Corporate Social Responsibility in Power Companies: Strategies for Sustainable Development and Community Engagement

Abstract: This paper explores the critical role of Corporate Social Responsibility (CSR) in power companies, focusing on strategies that promote sustainable development and enhance community engagement. As the energy sector faces increasing scrutiny regarding environmental and social impacts, effective CSR initiatives have become essential for maintaining stakeholder trust and fostering long-term sustainability. This study analyzes various CSR strategies implemented by leading power companies, examining their impact on local communities, environmental stewardship, and overall corporate reputation. Through qualitative and quantitative research methods, the paper identifies best practices in CSR and their contributions to sustainable development goals. The findings highlight the importance of stakeholder collaboration, transparency, and innovative approaches in designing CSR initiatives that not only address regulatory requirements but also enhance community well-being. By presenting a comprehensive framework for CSR in the power sector, this research aims to provide actionable insights for practitioners and policymakers striving to align corporate practices with sustainable development objectives. Keywords: Corporate Social Responsibility; Sustainable Development; Power Companies; Community Engagement; Stakeholder Collaboration. Title: Corporate Social Responsibility in Power Companies: Strategies for Sustainable Development and Community Engagement Author: Feng Jianli, Bobby P. Atayan International Journal of Social Science and Humanities Research ISSN 2348-3156 (Print), ISSN 2348-3164 (online) Vol. 12, Issue 4, October 2024 - December 2024 Page No: 187-192 Research Publish Journals Website: www.researchpublish.com Published Date: 06-November-2024 DOI: https://doi.org/10.5281/zenodo.14044837 Paper Download Link (Source) https://www.researchpublish.com/papers/corporate-social-responsibility-in-power-companies-strategies-for-sustainable-development-and-community-engagement