The Role of Social Responsibility Disclosure in Achieving Sustainable Development: Overview of Contributions by Various Countries and Business Organizations to Sustainable Development through the Activation of Social Responsibility Roles

Abstract

 This study aims to underscore the pivotal role of corporate social responsibility (CSR) and its disclosure in promoting sustainable development, particularly in the wake of global crises that have depleted public resources and escalated significant international challenges. The exigencies of these crises have spurred business organizations to embrace a profound sense of responsibility and actively engage in sustainable practices. Notably, this shift has substantially enhanced the profitability of these organizations. By disseminating information through annual reports, these organizations have successfully engaged various stakeholders and civil society, thereby garnering extensive support.

This study employs a descriptive methodology to explore key concepts of CSR disclosure and sustainable development. It assesses the impact of CSR on sustainable growth, examines contributions from selected countries and corporations, and highlights the specific gains accrued by Algeria from these global practices. The findings underscore the urgent need for a globally standardized and effective framework to assess the costs and benefits of CSR. It also identifies a limitation within Algerian enterprises, which tend to restrict their CSR activities to philanthropy, with developmental initiatives largely confined to state-affiliated entities.