Understanding Corporate Social Responsibility of the Corporate Sector to SDG 7: Energy for All: A Lesson of Developing Countries, Nepal

Authors

  • Dr. Raghu Bir Bista Lecturer, Department of Economics, PMC, Tribhuvan Univesity, Nepal

Keywords:

SDG, CSR, Corporate Sector and CSR Fund

Abstract

Sustainable Development Goal (SDG) 7: energy for all is a global agenda to Nepal, where about 85 percent rural population have not access to energy for lighting and about 40 percent of the bottom 20 percent extreme poor access energy. The government has been initiating alternative energy to reduce such huge energy gap. Still it is not sufficient for wider impact. The corporate sector’s social responsibility is alternative hope for further collaboration. However, still energy for all campaign is sluggish. In this context, this paper examines CSR of the corporate sector in Nepal and its contribution in SDG 7: energy for all. The paper has employed explorative and descriptive method based on secondary and primary data. The paper finds a better knowledge of stakeholders about CSR but its fund is informal and small. Its size is unsystematically least. It is voluntarily nature to the corporate sector. Its impact is narrow. In SDG 7: energy for all, there is no knowledge about SDG 7, no CSR activity and event because of no mandatory, no knowledge and no idea. Therefore, almost all stakeholders opine to make it mandatory and prioritized SDG 7: energy for all for its positive impacts in the society at large and wider.

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Published

2019-05-16