The role of companies in society has undergone a marked change in recent years. Companies’ sustainability efforts have become more strategic and ambitious, not least through the United Nations Sustainable Development Goals (SDGs) or the EU Directive on Non-Financial Reporting. It is no longer a question of whether companies should assume a social responsibility beyond profit making, but rather how they can best contribute to society and to sustainable development generally. In some articles, companies have even been called the new ‘agents of global justice’,1 which well illustrates the high expectations placed on them.
Prof Dr Laura Marie Edinger-Schons
Holder of the Chair of Corporate Social Responsibiliy
University of Mannheim