The present work intends to carry out an analysis of the Corporate Social Responsibility (CSR) practices and Business Results (BE) in companies in the hydrocarbons sector in Colombia based on the Theory of Sustainability and the Theory of Accountability, in order to generate a discussion of the importance of the reports based on the results obtained by evaluating the three dimensions of Social Responsibility (economic, social and environmental) and identifying the investments of companies to contribute to sustainable development. It is concluded that the corporate social responsibility allows to increase the competitive advantage, attracting investments and the recognition of the company as a socially responsible entity through the disclosure of non-financial information and in accordance with established standards, for all stakeholders