Diligent
Diligent
Solutions
chevron_right
Products
chevron_right
Industries
chevron_right
Resources
chevron_right

Board oversight: Issuing a corporate response to social issues

July 22, 2021


When social issues arise that stimulate public expectations, there are numerous factors and constituencies to be considered before a corporation can make a formal response. It's critical to have a process, communication plan, and monitoring capabilities to maintain a pulse on public sentiment and manage accordingly. How can boards and business leaders stay proactive rather than reactive when it comes to initiating corporate responses?

In Part 1 of this series, Paul Washington, Executive Director, Environmental, Social and Governance Center, The Conference Board, outlines a best practice framework for issuing a public response to social issues:

  • What criteria should boards and management teams use to determine if a public stance and response is needed?
  • What process should boards follow for developing and issuing a public response?

Read The Conference Board's Executive SummaryUnder Pressure: How Corporate America Can Address Social Issues

security

Your Data Matters

At our core, transparency is key. We prioritize your privacy by providing clear information about your rights and facilitating their exercise. You're in control, with the option to manage your preferences and the extent of information shared with us and our partners.

© 2024 Diligent Corporation. All rights reserved.