Abstract
The paper reviews the capabilities of companies around the world regarding to Corporate Social Responsibility and its relation to sustainable development. In the first section of the text key findings are being presented regarding the recent development in the field of CSR and sustainability by sectors and the countries.
Additionally, the paper mentions that GRI principles, UN Global Compact standards are being mandatory guideline for companies to adopt CSR and increase the awareness on sustainability. Lastly, the paper discusses the modern developments of CSR and lists the areas that can be identified within the national strategy for the development of CSR companies in globally.