ABSTRACT
The chapter examines the success of the current framework for corporate social responsibility (CSR) and reveals that, while CSR is bringing progress, it is having little effect in tackling a considerable number of structural unsustainabilities in the global economy. In practice it is a rapidly changing and dynamic framework and, while a snapshot of the current regulations is a helpful indicator of the current legal status of CSR, that the current regulations only provide a partial overview of the potential legal framework for CSR. Here it sees that the social licence may influence the legal licence. Therefore, before it can understand the current legal framework for CSR, it helps to examine the dominant socio-political theory of the last few decades neoliberalism. The chapter has previously discussed the conceptual framework for CSR. Finally, we have seen that, despite the efforts of many passionate practitioners, quasi-voluntary CSR has failed to tackle structural unsustainabilities in the global economy.
