How Corporate Governance and Powerful CEOs Can Affect Environmental Performance

On 05/02/2014, in Corporate Governance, Corporate Sustainability, CSR, ESG, by Dr. Paola Fiore

Corporate Governance and Environmental Performance

 

An interesting, recent study has investigated how the relationships between company’s owners, its managers and boards of directors may influence its environmental performance.

Today, many companies want to make a positive impact on their stakeholders, including the public, and the environment through Corporate Social Responsibility (CSR) programs, and some include social impacts in their corporate goals.

While internationally recognized voluntary initiatives, such as the UN Global Compact and International Corporate Governance Network, encourage companies to include social goals into their governance agenda, only few of these schemes offer any detailed guidance on how to build socially accountable governance structures.

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