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In response to this wave of public activism, some corporations began expanding their CSR efforts
               beyond  employee  welfare  to  include  initiatives  that  addressed  the  broader  social  and

               environmental  impacts  of  their  operations.  As  a  result,  the  1970s  marked  the  beginning  of
               governmental responses to growing public expectations regarding environmental and quality-of-
               life  issues.  Under  pressure  from  labor  unions,  civil  society,  and  academia,  the  United  States
               government established the Environmental Protection Agency (EPA) in 1979 to begin addressing
               these concerns through formal regulation and oversight.

               As public pressure continued to mount, the 1980s marked a pivotal shift in the economic and
               regulatory  landscape.  In  response  to  domestic  economic  challenges,  the  administrations  of
               President Ronald Reagan in the United States and Prime Minister Margaret Thatcher in the United

               Kingdom introduced deregulatory policies aimed at revitalizing national economies. Despite this
               loosening of business oversight, there were growing calls for the private sector to acknowledge
               and address its environmental responsibilities.

               Meanwhile,  scholars  began  to  formalize  the  conceptual  boundaries  of  corporate  social
               responsibility (CSR). Influential frameworks emerged, including Carroll’s Pyramid of CSR in 1991
               and  Elkington’s  Triple  Bottom  Line  in  1994,  which  advanced  the  notion  that  economic
               development should be pursued alongside environmental and social well-being. Environmental
               concerns  became  increasingly  global  in  scope.  The  Brundtland  Commission’s  landmark  1987

               report, Our Common Future, defined sustainability as development that “meets the needs of the
               present without compromising the ability of future generations to meet their own needs.” That
               same year saw the adoption of the Montreal Protocol to control ozone-depleting substances,
               followed in 1988 by the formation of the Intergovernmental Panel on Climate Change (IPCC) to
               assess climate risks.

               By the end of the decade, environmental issues had moved to the forefront of global attention. A
               major  catalyst  was  the  1989  Exxon  Valdez  oil  spill  off  the  coast  of  Alaska,  which  caused
               catastrophic  damage  to  marine  ecosystems  and  biodiversity.  The  disaster  intensified  public

               awareness of the environmental costs of globalization and sparked a broader reckoning with
               climate  change.  From  the  early  1990s  onward,  businesses  began  to  engage  with  CSR  more
               seriously and systematically.

               In 1992, the United Nations convened the Conference on Environment and Development (UNCED),
               commonly known as The Earth Summit. The conference was a watershed moment, leading to key
               international  agreements:  the  Convention  on  Biological  Diversity  (CBD),  the  United  Nations
               Framework Convention on Climate Change (UNFCCC), and Agenda 21, a comprehensive action
               plan for sustainable development. These agreements helped bring environmental challenges into

               sharper public focus and generated a surge in climate-related research and discourse.



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