Corporate Social Responsibility in Tourism: International Practices

Abstract

The global trends demonstrate that the environmental and social issues need serious concerns of business and investment societies. This article focuses on the importance of corporate social responsibility (CSR) within the hospitality and tourism industry in Russia. Over the recent several decades, this industry has observed significant changes in business environment that have stressed the role of corporate social responsibility. Recent researches have shown that CSR may determine a company's long-term success and profitability. There are different approaches to explain the nature of CSR influence on the internal and external processes of hospitality and tourism. The article examines the issues related to the best practices of socially responsible corporate behavior of international companies in the Russian tourism sector. These companies have contributed many efforts and resources in solving the environmental and social issues through their CSR policies and make their brand well known. Their best practices can be very useful for the Russian companies in hospitality and tourism to implicate different CSR policies, plans and strategies and having positive results.

Nonfinancial Disclosures as a Marketing and Governance Instrument for Tourism Organizations

“…In Russia, corporate practices for public nonfinancial disclosures have evolved actively since year 2000 in accordance with global trends, but disclosures of nonfinancial reports have retained the voluntary initiative of Russian companies. In order to compete with the developed countries in this field, Russian companies started large-scale social responsibility and sustainability projects to deliver their economic, environmental and social performance [11]. By 2005, 24 Russian companies had disclosed their nonfinancial activities based on international standards and GRI guidelines, and in accordance with the UN global compact.…”

Towards sustainability in hospitality operations: how is quality of life and work–life balance related?

“…In this regard, as the industry is involved in activities that are in constant interaction with these systems, companies in the industry have the capacity to make significant economic, natural, social, cultural and environmental changes (OECD, 2020). Moreover, as noted by Blinova et al. (2018), international tourism associations have shown greater involvement in responsible and sustainable business practices.…”

Sustainability Initiatives for Green Tourism Development: The Case of Wayanad, India

“…Tourism service companies, like other corporate sectors, have been implementing CSR initiatives that benefit the environment and community (Bohdanowicz 2006). CSR programs, according to proponents, will boost a tourism destination's desirability and popularity (Abaeian et al 2019;Asadi et al 2020;Blinova et al 2018;Dodds and Kuehnel 2010;Melubo et al 2019;Williams et al 2007). RT has now been formally adopted and supported by many important tourism destinations, marketers, policymakers, and academic research organizations around the world as a result of its advancement in multiple strands of study (Banerjee 2012;Lian Chan and Baum 2007;Chan and Tay 2016;Del Chiappa et al 2016).…”