EUROPEAN JOURNAL OF SUSTAINABLE DEVELOPMENT RESEARCH

Keyword: GMoU

1 result found.

Research Article
Achieving Sustainable Development Goals in the Niger Delta: A Corporate Social Responsibility Pathway
European Journal of Sustainable Development Research, 2019, 3(4), em0098, https://doi.org/10.29333/ejosdr/5877
ABSTRACT: Is corporate social responsibility (CSR) practice of international oil companies contributing to the achievement of Sustainable Development Goals in the Niger Delta? The international community prescribes a role for business in the good of society. In a similar vein, a significant segment of the literature suggests a positive role for CSR practice. However, adequate analysis of how this is unfolding remains a task yet to be accomplished. This paper examines whether CSR practice in the aforesaid region is contributing to the attainment of SDGs. It focuses on the new CSR model – Global Memorandum of Understanding (GMoU) – initiated in 2005 and 2006 by Chevron and Shell respectively, specifically in relation to goals number one, two and three, which focus on poverty, hunger, better health, and well-being. Relying on data generated from secondary sources, the paper addresses the aforementioned question, and argues that recent oil multinational companies’ CSR practice is yet to properly respond to the development needs of local community people.