The Role of the Board of Directors in Corporate Social Responsibility
Report by
Coro Strandberg, Strandberg Consulting
July 2008, Source: The Conference Board of Canada, 52 pages
This report examines corporate social responsibility and ways in which a board of directors can provide oversight and strategic direction on the firm's social and environmental performance.
Document Highlights:
This report looks at how good corporate governance will be redefined over this decade to include ways in which a board provides oversight and strategic direction on the firm's social and environmental performance. Key issues include the critical role of the firm's CEO and chair and their influence on the board's uptake of corporate social responsibility (CSR). As well, the integration of CSR into the firm's performance management system and strategic planning (both of which come under the influence of the board of directors) will have a profound effect on CSR performance in the years ahead.
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