Corporate Social Responsibility (CSR) in the Oil & Gas Industry Course Overview

Corporate Social Responsibility (CSR) in the Oil & Gas industry refers to the commitment by companies to manage the social, environmental, and economic effects of their operations responsibly and in line with public expectations. This involves going beyond compliance with regulatory requirements and proactively striving to benefit communities, preserve the environment, maintain high ethical standards, and ensure economic sustainability. Companies use CSR to build trust with stakeholders, mitigate risks, and create long-term value. It encompasses a range of activities, such as investing in community development projects, reducing environmental footprints, ensuring employee safety, and engaging in transparent reporting practices.