The Corporate Social Responsibility Report and Effective Stakeholder Engagement

The Harvard Law School Forum on Corporate Governance and Financial Regulation 2014-01-06

Summary:

Editor's Note: The following post comes to us from Bill Libit, partner concentrating in corporate and securities and municipal finance at Chapman and Cutler LLP, and is based on a Chapman publication by Mr. Libit and Todd Freier.

Companies today are being called upon by their shareholders and other stakeholders to not only boost the bottom line, but also to help address some of the country’s most challenging problems, including those concerning economic development and the environment. While opinions differ on how responsibility should be allocated across the public and private sectors, corporate stakeholders (which typically include shareholders, employees, customers, suppliers, communities, governments and regulators) are demanding that companies recognize a broader scope of responsibility in addressing those problems. As a result, companies are increasingly working with stakeholders to understand their views and concerns on various environmental, social, corporate governance and economic issues (such issues often referred to as corporate social responsibility (“CSR”) issues) and to incorporate and address those views and concerns in the company’s strategic decision-making processes.

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Link:

http://blogs.law.harvard.edu/corpgov/2013/12/28/the-corporate-social-responsibility-report-and-effective-stakeholder-engagement/

From feeds:

Blogs.law Aggregation Hub » The Harvard Law School Forum on Corporate Governance and Financial Regulation

Tags:

accounting & disclosure corporate social responsibility practitioner publications bill libit chapman climate change compliance & ethics environmental disclosure shareholder communications sustainability todd freier

Authors:

Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation,

Date tagged:

01/06/2014, 15:58

Date published:

12/28/2013, 09:00