The costs of social responsibility and its impact on the reduction of environmental risks

Abstract

The research purposes to study the awareness of the industrial firms in the Kurdistan Region towards the environment and society. It investigates social responsibility costs that companies defray. Additionally, it examines the impact of those costs on reduction of environmental risks. To obtain the research objectives, both primary and secondary data set were collected and analyzed. Questionnaires, distributed among selected manufacturing companies and the directorate of environment in Sulaimani city, were depended on in addition to the data were received from the monthly environmental reports of the companies regarding their operating activities. Using statistical analysis, the results indicate that industrial firms in the Kurdistan Region follow to the instructions and laws of social and environmental responsibility issued by the ministry of environment. Moreover, it indicates that social responsibility costs leads to reduce environmental risks concerning the pollution of air, water, land.