Corporate social responsibility and Non-Executive Director: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Link with new Sustainability page.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
(CSR).
(NED).  


''Corporate governance''.
A member of a board of directors who does not form part of the executive management team.
 
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 (1) adherence to existing laws and (2) going significantly better than the minimum standards required by law.




== See also ==
== See also ==
* [[Board of directors]]
* [[Corporate governance]]
* [[Corporate governance]]
* [[ESG investment]]
* [[INED]]
* [[Ethics]]
* [[Senior independent director]]
* [[Greenwash]]
* [[Sustainability]]


[[Category:Corporate_Strategy]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 01:46, 27 May 2021

(NED).

A member of a board of directors who does not form part of the executive management team.


See also