ABSTRACT
This chapter provides Australia profiles, including key information about the relevant corporate sustainability and responsibility (CSR) history, country-specific issues, trends, research, education and leading organizations. Australia was widely considered as a lazy backwater when it came to CSR. The liberalisation was accompanied by an increase in two-way trade between Australia and the rest of the world, and with that trade, increasing exposure to far more complex market and non-market environments, for which CSR is a helpful strategy. The events have more explanatory power for Australian approaches to CSR than models of CSR developed through scholarship which has been used in Australian studies with mixed results. Australian business leaders consider that the major challenge of CSR is to create business behaviours which meet community standards the firm's strategic needs. The Australian Climate Change Regulatory Authority is being established to oversee the CPRS.
