Corporate Social Responsibility: a Tool for Sustainable Development

Abstract

In this paper the author proposes as to how CSR can be utilized for sustainable development. The author focuses in analyzing about Corporate Social responsibility (CSR) and relevant legal provisions and how these legal provisions in the company law can be utilized in attaining sustainable development. The author illustrates a model. By analyzing the amount of money top 7 fertilizer companies, liable to spend under CSR can be utilized for constructing cold storage houses which plays a major role in storage of agricultural products. This improves agricultural sustainability resulting in sustainable development further facilitating environmental protection.