Private Firm Governance.pdf

Private_Firm_Governance_in_the_Context_of_Sustainable_Development_Goals.pdf
Preview of Private Firm Governance
🔗 Source: icsd.wpengine.com
📊 Size: 141 KB
👤 Author: John
⬇️ Downloads: 304

Summary

Private sector firms have developed governance systems to pursue sustainability as a viable business entity, but may need to change to embrace the UN's broader societal definition of sustainability, which incorporates economic, social, and environmental aspects. The governance structures that enable private sector firms to engage with the UN's sustainable development agenda are unclear, and it is uncertain whether the private sector should be concerned with societal/economic sustainability. The caucus discussion revealed that private sector governance may need to change to support broader societal/economic sustainability objectives, and that the definition of corporate social responsibility (CSR) is determined by management, influenced by stakeholder pressures, and varies across industries and companies. Monitoring and measuring CSR is also inconsistent and differs across companies and industries.

Description

Private sector firms have developed governance systems to pursue sustainability as a viable business entity, but may need to change to embrace the UN's broader...

Technical Information

  • File Format: PDF
  • File Size: 141 KB
  • Pages: 5
  • Language: EN
  • Author: John
  • Total Downloads: 304
  • Last Updated: 1 week ago

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