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Tag: decision-making processes

  • Materiality Assessment

    Materiality assessment A materiality assessment is a process used to identify and prioritize key environmental and social issues that are most relevant to a business. These issues are critical either due to the company’s reliance on them or because of the significant impact or interaction between the business and those issues. For example, a paper…

  • Stakeholder Engagement

    Stakeholder Engagement Stakeholder engagement is an ongoing process used in business, government, and non-profits to ensure that projects and decisions are inclusive and responsive to those affected. It typically involves analyzing and planning for stakeholders, sharing information, consulting for meaningful participation, managing grievances, involving stakeholders in monitoring, and regular reporting. Common methods include consultations, surveys,…

  • Principles for responsible investment

    Principles for responsible investment The Principles for Responsible Investment (PRI) are a set of six voluntary guidelines designed to help investors integrate environmental, social, and governance (ESG) factors into investment decisions. Launched by the UN in 2006, the principles aim to encourage sustainable and responsible investment practices that align financial goals with broader societal and…

  • Environmental footprint reporting

    Environmental footprint reporting Environmental footprint reporting refers to the process of assessing and disclosing the environmental impact of an organization’s activities, products, or services. This reporting provides insight into various aspects of environmental performance, such as greenhouse gas emissions, water usage, energy consumption, or waste generation. Reporting can be done voluntarily by organizations or individuals…

  • Corporate Responsibility

    Corporate Responsibility Corporate Responsibility, also known as Corporate Social Responsibility (CSR), refers to a corporation’s ethical obligations to its stakeholders and society at large. It encompasses the idea that businesses should not only aim for financial success but also consider their impact on the environment, communities, employees, customers, and other stakeholders. CSR is generally understood…

  • Corporate Governance

    Corporate Governance Corporate governance encompasses the framework and practices governing how companies are managed and the purposes they serve. It delineates an organization’s power structure, accountability mechanisms, and decision-making processes. Essentially, it comprises a set of tools enabling management and the board to operate an organization efficiently and effectively. Key components of corporate governance include…