Corporate socio-environmental responsibility

the competitive differential that promotes sustainable development

Abstract

The contemporary company took on new roles in the Democratic Rule of Law, and in this guise, profit, despite its importance in the business context, is no longer the exclusive scope and the relationships built with the community, environment, consumers and workers are effective instrument for promoting sustainable development. Thus, this article seeks to analyze the social function of the company, foreseen in the constitution and to investigate whether the actions of social and environmental responsibility constitute a competitive differential. In particular, actions linked to ESG (Environmental, Social and Governance), which has been the fundamental guide for investments. Furthermore, given its relevance, it will deal with State action and the use of tax incentives as a mechanism to induce socially responsible behavior, especially those that contribute to the promotion of human dignity. This is bibliographic research analyzed by the deductive method, in a theoretical and conceptual-normative approach. It was verified that, given the relevance of the company in the national context and the unequivocal transformation that it is capable of operating within society, the State, as a way of encouraging the business community to implement social responsibility projects, in addition to the tax incentives already provided for in national legislation, it could institute other tax benefits, since taxes represent an important ally in the consolidation and dissemination of corporate social responsibility actions.