CORRELATING THE CONCEPTS OF CORPORATE SOCIAL RESPONSIBILITY (CSR) AND SUSTAINABILITY TOWARDS SUSTAINABLE PLASTIC WASTE MANAGEMENT IN LAGOS, NIGERIA

So far, many CSR studies have focused on developed countries, while little attention has been paid to CSR activities in developing countries. On the other hand, the increasing discussion on sustainable development in developing countries, especially in Nigeria, has made a significant difference and triggered a wide debate on the relationship between CSR and sustainable development. CSR is arguably a dynamic concept that promotes sustainable development irrespective of the motivations and approaches of business organizations. The CSR components implemented by companies should lead to high levels of moral sustainability. The productivity scope of manufacturers and producers in the Nigerian plastics and packaging industry has been limited to economic growth and profit maximization, neglecting product life cycle management. This negligence has resulted in the indiscriminate dumping of empty plastic waste on the streets, leading to environmental degradation. However, it is important to explore how the concepts of corporate social responsibility (CSR) and sustainable development can enable the reduction of plastic waste. The aim of this review paper is to link the concepts of corporate social responsibility and sustainable development to advance the management of plastic waste. The paper is important because it addresses the issues of corporate social responsibility, sustainable development and social well-being of the environment.