THE ENVIRONMENTAL ASPECT OF CORPORATE SOCİAL RESPONSIBILITY: DOCUMENT ANALYSIS OF SOCAR

Over the recent years, the interest in the concept of corporate environmental responsibility has been increased in Azerbaijan, like in many other countries in the world. A lot of companies in the country are directly or indirectly involved in one or more environmental responsibility activities. This paper intends to examine the leading Azerbaijani energy company, SOCAR’s (The State Oil Company of Azerbaijan Republic) CSR practices focusing on the environmental dimension to determine to what extent it is fulfilling its reponsibility toward the environment. To do the research, a qualitative method was also used, specifically document analysis method. The secondary data on environmental activities and initiatives are culled out from the annual sustainability reports of the company. Moreover, the available literature on corporate environmental responsibility is undertaken for the theoretical underpinnings on the subject.