Corporate Social Responsibility in Oil and Gas Industry: Performance of Neste Oil Corporation

The goal of the study is to discover corporate social responsibility (CSR) in oil and gas sector in Finland. CSR is increasingly gaining its importance in everyday business due to the rising awareness of society towards companies being socially active. In other words, companies have been remarkably invested in CSR activities. The main objective is clarifying the CSR performance of a Finnish organization as well as demonstrating benefits and challenges related to CSR issues. Theoretical and empirical parts are the main cores of the study. The former will introduce the concept of CSR and the empirical part is relatively structured based on the theory. In the literature review, the audience is provided with basic knowledge about CSR notions, its structure, importance, opportunities, and obstacles so that they could understand the reason why enterprises see CSR as the extremely significant topic. Neste Corporation is one of the biggest Finnish organizations in the energy industry, and the author will take it as the case study for forming the empirical part. The concentration is Neste’s implementation on CSR and the illustration of results of Neste’s performance. Suggestions for improving CSR in the company are also mentioned. At the end of the thesis, the conclusion is drawn in respect of theory and practices. The research validity and reliability is also evaluated in the framework. In addition, there will be the author’s expression of this study progress and recommendations of the future research paper