Climate Change and Laws Guiding Corporate Social Responsibility in Nigeria A New Direction for Global Recovery

This study looks at the issue of climate change and corporate social responsibility CSR in Nigeria. Climate change was looked from the social dimensions like its impact on gender equality, health, population and human rights. Corporate social responsibility was looked from the regulations and CRS initiatives by organizations in Nigeria. The policies and regulations governing climate change was analyzed together with an examination of the regulation and concept of CSR in Nigeria. Social and environmental challenges and inadequate and irresponsible CSR initiatives by corporate organization form the problems that this study addresses. The study seeks to establish how unsuitable CSR initiatives by businesses derail climate change goals in Nigeria. A critical review and appraisal through library research on climate change and contributory factors was reviewed. The policies and regulations governing climate change was analyzed, together with an examination of the regulations and concept of CSR in Nigeria. It was found that climate change issues were poorly regulated with inadequate strategies for enforcement and with too much emphasis on mitigation than prevention by corporate organizations. Based on the findings, the study conclude that organizations have not paid the right attention to the issues of climate change in their CSR functions, rather organizations pay lip service to CSR obligations because organizations sees CSR as a voluntary affair with no mandating law for them to be sustainable and responsive to climatic issues in Nigeria. On the bases of this conclusion, the study recommends an enactment of laws with clear approach for the prevention of climate change related issues. Furthermore, CSR should be seen as an effective tool for ameliorating climate change issues by putting in place mandating laws that can change the perception of the organizations operating in Nigeria as this will ensure that organization in Nigeria respond to CSR initiatives with much sense of obligations. Agbeche, Aaron "Climate Change and Laws Guiding Corporate Social Responsibility in Nigeria: A New Direction for Global Recovery" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47890.pdf Paper URL: https://www.ijtsrd.com/management/strategic-management/47890/climate-change-and-laws-guiding-corporate-social-responsibility-in-nigeria-a-new-direction-for-global-recovery/agbeche-aaron