Investors and regulators are increasingly demanding that directors and management strengthen business outlook by building in long-term sustainability. This requires a complex, integrated approach across financial and non-financial standard and a strong culture of compliance.
The decision-making processes at director and management levels are critical. Cohesive and principled decision-making, combined with effective processes and procedures, will help build a culture of compliance and insulate the business from reputational risks and future shocks.
Corrs’ Responsible Business practice offers services across four key areas:
At Corrs, we believe an integrated approach to governance, social and environmental decision-making helps businesses to exceed stakeholder expectations, preserve and build on their corporate reputation and promote long-term value. This begins with embedding the foundations of sustainability in a business:
Corporate ‘greenwashing’ the latest target for climate change litigation
Consumers, regulators and stakeholders are clearly alive to ‘greenwashing’ and, in an atmosphere where climate-related shareholder activism and litigation loom large for corporate Australia, there is a growing need to manage and understand this risk.
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