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CSR in Hazardous Sector
The Indian Scenario
R.K. Mishra‚ Shulagna Sarkar‚ J. Kiranmai
About the Book
The United Nations SDGs as a reflection on the shifts fromthe MDGs is one of the prime move for the 21st Century forstrengthening the social protection movement. The worldis increasingly becoming aware that environmental and social issues associated with business activities can create risks to living beings. The environmental and social impacts caused, or perceived to have been caused, by a business can result in consequences such as production delays, negative publicity, threats to operating licenses and unforeseen expenditures. Social Risk Management (SRM) is a new concept. The main objective of SRM is to extend the traditional framework of social protection to include prevention, mitigation, and coping strategies to protect basic livelihoods and promote risk taking (Holzmann and Jorgensen 2001). It is with this background it was important to understand the CSR practices of Oil and gas and mines and minerals.