Transdisciplinary approach of understanding and analyzing CSR and its implication on social domain(CSR)

The transdisciplinary approach is the study of the CSR and sustainability which integrates multiple instruments and measures from different domain of societies and communities. Indeed, the fragmentation of CSR and sustainability has necessitated the corporation to undertake transdisciplinary approach (Thiel, 2016). It is a holistic study of the different dimension of CSR and sustainability. The use of transdisciplinary model helps the corporation to understand and analyze beyond just one-to-one relation between the corporation and community but will also help in understanding various hidden issues related to formal and informal society and their impact in the trust and CSR outcome.

The transdisciplinary approaches are heterogeneous which is helpful when the knowledge about the societal relevant filed is uncertain and nature of the problem is disputed. The CSR impact, outcome, and reciprocation among the corporation, community, government, and individuals are impacted by various explicit and implicit factors, here the analysis of financial and non-financial data helps to provide a clear view of the relationship between multiple factors which may have directly or indirectly influenced the CSR and sustainability of the corporations.

Let us see it with an example, the Trump administration recently revoked the “Paris Climate Accord” which was imperative to tackle global warming. It looks weird but was good for those who have billion dollars invested in the coal, gas and mining industries. But this one-to-one relation is also impacted and influenced by multi-factors; international communities and watchdog expressed their discontent over US decision, similarly the environmentalist showed their strong reservation, environment scientist also disparaged Trump administration for their inability to limit the carbon emission to combat greenhouse gas and these all leads to the mockery of Trump speech at United Nation General Assembly (UNGA 73) that happened in New York(18^th September 2018). The whole audience laughed when Mr. President detailed US achievement in past two years of his presidency. A serious and critical situation where international community has lost faith on US reducing environmental footprints. Had transdisciplinary approach studied this would not had happened.

Bibliography

Thiel, M. (2016). The Social Domain in CSR and Sustainability: A Critical Study of Social Responsibility among Governments, Local Communities and Corporations. New York: Routledge.