In modern businesses, Corporate Secretaries are key managerial personnel occupying pivotal positions in their companies. They have a central role in fostering good governance practices and supporting the development of h
CS Professional · Multidisciplinary Case Studies · PYQS · December 2023
In modern businesses, Corporate Secretaries are key managerial personnel occupying pivotal positions in their companies. They have a central role in fostering good governance practices and supporting the development of highly functioning Boards. As sustainability has become a business imperative, it is essential that boards provide stewardship and oversight over a company's sustainability performance. The role of the Corporate Secretary in Sustainability Governance provides an overview of how governance professionals can support the board's emerging "environmental, social and governance" (ESG) mandate. Company Secretaries also play a vital role in forming the Board's Corporate Social Responsibility policy. It's the Company Secretaries responsibility to consider the best interest of both the organization and its stakeholders. One of the key roles of the Company Secretary is "to ensure that the CEO and the management communicate effectively and frequently with the Board to establish corporate governance, CSR and internal controls required to enable the organization to effectively execute the Business Strategy, and to facilitate a clear mandate being given to the various departments of the organizations." As a Company Secretary, explain the difference between ESG and Corporate Social Responsibility.
Topics: Corporate Governance
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