The Note then considers corporate social responsibility as a potential solution
that could lead to the achievement of sustainable development. In doing
this, the note examines the implications of adopting a corporate social responsibility
regime for a multinational enterprise. The European Union’s (EU) initiative
in creating corporate social responsibility guidelines is used as a detailed case
study for scrutinizing the potential of corporate social responsibility as a viable
solution. After analyzing the concept of corporate social responsibility and the
need for sustainable development in light of globalization, the Note concludes
that while corporate social responsibility may indeed lead to the desired