Corporate social responsibility and Corporate trustee: Difference between pages

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(CSR).
''Law''.
A company, usually with limited liability and on a sole basis, which acts as a trustee.  For example, as a Trustee of a pension scheme. 


''Corporate governance''.
The directors of the corporate trustee effectively act as Trustees in the normal sense.
 
A form of corporate self-regulation integrated into a business model.
 
Ideally, CSR policy is a built-in, self-regulating mechanism where the business or other organisation  monitors and ensures its adherence to law, ethical standards, and international norms.
 
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, other stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere.
 
 
All this means both:
#Adherence to existing laws and
#Acting in a way that is significantly better than the minimum standards required by law.


A corporate trustee of a pension fund may be a nominee of the sponsoring company, or entirely independent, as long as it complies with the relevant law.


== See also ==
== See also ==
* [[Carbon footprint]]
* [[Trustees]]
* [[Corporate governance]]
* [[ESG investment]]
* [[Ethics]]
* [[Greenwash]]
* [[Public interest]]
* [[SRI]]
* [[Stakeholder]]
* [[Sustainability]]
* [[Profit maximisation]]


[[Category:Corporate_finance]]

Revision as of 14:19, 23 October 2012

Law. A company, usually with limited liability and on a sole basis, which acts as a trustee. For example, as a Trustee of a pension scheme.

The directors of the corporate trustee effectively act as Trustees in the normal sense.

A corporate trustee of a pension fund may be a nominee of the sponsoring company, or entirely independent, as long as it complies with the relevant law.

See also


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