A LEGAL STUDY ON CSR IN FOSTERING BLUE ECONOMY AND BLUE JUSTICE

Abstract

The article emphasizes the importance of corporate social responsibility (CSR) in integrating the concepts of the blue economy and blue justice. The Blue Economy promotes the sustainable utilization of marine resources while preventing environmental degradation. Blue Justice focuses on guaranteeing equitable distribution of benefits while safeguarding maritime ecosystems. The study indicates that CSR activities in the maritime industry may serve as a crucial mechanism to reconcile commercial objectives with social and environmental requirements. The research examines policy frameworks and case studies to demonstrate how CSR initiatives can benefit coastal communities, safeguard the environment, and facilitate sustainable management of ocean resources. The findings indicate that integrating CSR concepts into Blue Economy strategies can enhance their equity, environmental stewardship, and sustainability. This research enhances the current body of knowledge on sustainable ocean governance, offering significant insights for policymakers, enterprises, and other stakeholders in the marine sector.