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What does a sustainable corporation look like? A range of practices are proposed, which together can lead to a dramatic reduction in a company's environmental footprint, including green purchasing, public sustainability reports, senior executive leadership and cultural change programs. Principles for Corporate Social Responsibility (joint Aust environment, consumer, social welfare, union position) Environmental Sustainability Ladder (TEC)
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As demands for more corporate social reponsibility grow, so does the need for accurate and transparent reporting on corporate activities. A great deal of work has been undertaken in this area and Australian corporations are beginning to embrace it. |
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It has long been argued that in the real world, the fiduciary responsibility of directors is the only major duty. However there is now a debate about responsibility to other stakeholders and social and environmental concerns. With corporations having such a large role in society, can the narrow interpretation survive? |
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Climate change has the potential to have far reaching impacts on business, the economy and society. As the impacts emerge and there are economic and regulatory responses by government to minimise the threats - company and investor decisions will be increasingly affected. |
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