CSR's Role in Achieving UN Sustainable Development Goals: ACCT20071

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Added on  2023/03/20

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This report examines the crucial role of Corporate Social Responsibility (CSR) in achieving the United Nations' Sustainable Development Goals (SDGs). The analysis focuses on Aldi's published sustainability reports within the Australian context, critically evaluating the company's efforts to align with the SDGs. The report delves into how CSR initiatives, such as creating employment opportunities, promoting better farming education, and supporting environmental protection, can contribute to the success of the SDGs. The research incorporates peer-reviewed sources and reputable financial media to support arguments and conclusions. The study emphasizes the importance of CSR in fostering equality, human development, and sustainability, highlighting the significance of partnerships and funding in implementing the SDGs. The conclusion underscores the necessity of CSR for achieving a sustainable world by 2030, whether through individual company efforts or collaborative initiatives.
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Corporate social responsibility stands at the center of achieving every goal of the set
united nation sustainable development goals. This is because every goal that the united nation set
revolves around human development, sustainability and lastly equality. It is the role of CSR to
make sure that equality is achieved; human development and sustainability are met. Partnership
and other worldwide CSR funding play a very critical role in ensuring the implementation of the
set SDGs (Deradjat, 2016). CSR goes beyond the management of corporate activities and seeks
on positively impacting on the society as a whole where every company or organization operates.
Among the SDG committed corporate social responsibility is, the management of social
impact programs to win a counterbalance the operations of the company, this can be achieved
through the donation of services and funds and also managing a foundation which will be
partially operated by the company’s income. One of the best ways to achieve a well SDG
determined corporate social responsibility is through engaging all the employees and the
beneficiaries of the social responsibility and coming up with a well set CSR program. ALDI has
published its corporate social responsibility objectives and target which are aligned to cater for
ten sustainability goals. The company has outlined a well elaborate target which rhymes and will
have added to the success and attainment of the united nation sustainable goals
(Https://corporate.aldi.com.au/en/corporate-responsibility/sustainable-development-goals/, n.d.).
Although the company has left several sustainable goals CSR the ten targeted goals are well
addressed and the SDG CSR of the company looks adorable.
If for example, we consider the first SDG, a well aligned corporate responsibility by the
public or private sector would be the creation of employment opportunities and a healthy
business environment. Through such an initiative the goal on no-poverty can be easily be
achieved without the government having to offer relief support to the people. Moreover, the zero
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FOUNDATION OF ACCOUNTING
hunger goals can be easily achieved through a corporate responsibility which seeks to offer better
farming education to farmers as well as providing the required farming materials such as
fertilizers ate reasonable price (Widiasari, Iedarwati & Isololipu, 2015).
Corporate social responsibilities aimed at the protection of the environment, the fight for
gender equality, fight for peace and also a fight for quality education will be among the key
success factors of then seventeen United Nations set sustainable development goal. Several
initiatives such as educating the public, the building of ultra-modern hospitals, schools, and other
learning facilities by bothering the public and private sector will be among the greatest effort in
achieving the vision 2030 (Behringer & Szegedi, 2016). Finally, it is through corporate social
responsibility that the sustainable goals will be achieved, Regardless of whether individual
company or a partnership between companies or between the governments will lead to successful
attainment of a sustainable world in 2030.
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References
Behringer, K., & Szegedi, K. (2016). The role of CSR in achieving sustainable development–Theoretical
approach. European Scientific Journal, ESJ, 12(22), 10.
Deradjat, S. (2016). Pertamina Sobat Bumi: Reviving and Integrating Corporate Social Responsibility
Platform to Achieve the Sustainable Development Goals (SDGS).
Https://corporate.aldi.com.au/en/corporate-responsibility/sustainable-development-goals/.
Widiasari, N., Iedarwati, P., & Isololipu, K. (2015). The Role of Business in Achieving Millennium
Development Goals through CSR (Corporate Social Responsibility). Bisnis & Birokrasi Journal,
21(2), 103-113.
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