Responsible Boards : Action Plan for a Sustainable Future

As external pressures - including resource scarcity, globalization, and access to information - continue to increase, the way corporations respond to sustainability challenges will determine their long-term viability and competitiveness. In this pa...

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Main Author:	Arguden, Yilmaz
Format:	Brief
Language:	English en_US
Published:	International Finance Corporation, Washington, DC 2015
Subjects:	ACCESS TO INFORMATION ACTION PLAN ACTION PLANS AGENTS ASSURANCE AUDITORS BALANCE SHEET BLOG BOARD MEMBERS BOARDS OF DIRECTORS BUSINESS DECISION BUSINESS DECISIONS BUSINESS ETHICS BUSINESS LEADERS BUSINESS MODEL BUSINESS OPERATIONS BUSINESS PERFORMANCE BUSINESS STRATEGIES BUSINESS VALUE CAPABILITIES CEO CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER COMPANY COMPENSATION COMPETITIVE ADVANTAGE COMPETITIVENESS CONSTITUENCY STATUTES CONTROL SYSTEMS COPYRIGHT CORP. CORPORATE BOARD CORPORATE BOARDS CORPORATE CITIZENSHIP CORPORATE CULTURE CORPORATE GOVERNANCE CORPORATE GOVERNANCE STANDARDS CORPORATE LAW CORPORATE RESPONSIBILITY CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COVERAGE CUSTOMER BEHAVIOR DECISIONMAKING DELAWARE DELAWARE CODE DERIVATIVE ACTIONS DUTY OF CARE ECONOMIC DEVELOPMENT EMERGING MARKETS EXTERNALITIES FAMILY BUSINESSES FIDUCIARY FIDUCIARY DUTY FINANCIAL ASSETS FINANCIAL INFORMATION FINANCIAL METRICS FINANCIAL RESOURCES FIRM PERFORMANCE GLOBAL ECONOMY GLOBAL STANDARDS GLOBALIZATION GOOD CORPORATE GOVERNANCE GOVERNANCE PRINCIPLES HOSTILE TAKEOVERS HUMAN CAPITAL INCORPORATED INDIVIDUAL COMPANIES INDIVIDUALS INDUSTRIAL REVOLUTION INFORMATION FLOW INFORMATION SYSTEMS INNOVATION INSTITUTION INSURANCE INSURANCE COMPANIES INSURERS INTANGIBLE ASSET INTELLECTUAL CAPITAL INVESTIGATION LABOR ORGANIZATIONS LABOR UNIONS LAWS LICENSE LICENSES LIMITED MANAGEMENT SYSTEMS MANAGERS MANUFACTURING MARKETING MATERIAL MITIGATION NETWORKS OUTPUTS PARTNERSHIP PERFORMANCE INDICATORS PRIVATE SECTOR PRODUCT DESIGN PRODUCT DEVELOPMENT PROGRAMS PURCHASING POWER QUERIES REGULATORY AGENCIES REGULATORY COMPLIANCE RESOURCE ALLOCATION RESULTS RISK ANALYSIS RISK MANAGEMENT RISK TAKING SAFETY SAVINGS SHAREHOLDER SHAREHOLDER BASE SHAREHOLDER INTERESTS SHAREHOLDERS SOCIETY STAKEHOLDER STAKEHOLDERS STOCKS SUBSIDIARY SUPPLIER MANAGEMENT SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUSTAINABILITY TARGETS TELEPHONE TOP MANAGEMENT UNIVERSITIES USERS USES VALUE CHAIN VALUE CHAINS
Online Access:	http://documents.worldbank.org/curated/en/2015/02/24225042/responsible-boards-action-plan-sustainable-future http://hdl.handle.net/10986/21700

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spelling	okr-10986-217002021-04-23T14:04:04Z Responsible Boards : Action Plan for a Sustainable Future Arguden, Yilmaz ACCESS TO INFORMATION ACTION PLAN ACTION PLANS AGENTS ASSURANCE AUDITORS BALANCE SHEET BLOG BOARD MEMBERS BOARDS OF DIRECTORS BUSINESS DECISION BUSINESS DECISIONS BUSINESS ETHICS BUSINESS LEADERS BUSINESS MODEL BUSINESS OPERATIONS BUSINESS PERFORMANCE BUSINESS STRATEGIES BUSINESS VALUE CAPABILITIES CEO CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER COMPANY COMPENSATION COMPETITIVE ADVANTAGE COMPETITIVENESS CONSTITUENCY STATUTES CONTROL SYSTEMS COPYRIGHT CORP. CORPORATE BOARD CORPORATE BOARDS CORPORATE CITIZENSHIP CORPORATE CULTURE CORPORATE GOVERNANCE CORPORATE GOVERNANCE STANDARDS CORPORATE LAW CORPORATE RESPONSIBILITY CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COVERAGE CUSTOMER BEHAVIOR DECISIONMAKING DELAWARE DELAWARE CODE DERIVATIVE ACTIONS DUTY OF CARE ECONOMIC DEVELOPMENT EMERGING MARKETS EXTERNALITIES FAMILY BUSINESSES FIDUCIARY FIDUCIARY DUTY FINANCIAL ASSETS FINANCIAL INFORMATION FINANCIAL METRICS FINANCIAL RESOURCES FIRM PERFORMANCE GLOBAL ECONOMY GLOBAL STANDARDS GLOBALIZATION GOOD CORPORATE GOVERNANCE GOVERNANCE PRINCIPLES HOSTILE TAKEOVERS HUMAN CAPITAL INCORPORATED INDIVIDUAL COMPANIES INDIVIDUALS INDUSTRIAL REVOLUTION INFORMATION FLOW INFORMATION SYSTEMS INNOVATION INSTITUTION INSURANCE INSURANCE COMPANIES INSURERS INTANGIBLE ASSET INTELLECTUAL CAPITAL INVESTIGATION LABOR ORGANIZATIONS LABOR UNIONS LAWS LICENSE LICENSES LIMITED MANAGEMENT SYSTEMS MANAGERS MANUFACTURING MARKETING MATERIAL MITIGATION NETWORKS OUTPUTS PARTNERSHIP PERFORMANCE INDICATORS PRIVATE SECTOR PRODUCT DESIGN PRODUCT DEVELOPMENT PROGRAMS PURCHASING POWER QUERIES REGULATORY AGENCIES REGULATORY COMPLIANCE RESOURCE ALLOCATION RESULTS RISK ANALYSIS RISK MANAGEMENT RISK TAKING SAFETY SAVINGS SHAREHOLDER SHAREHOLDER BASE SHAREHOLDER INTERESTS SHAREHOLDERS SOCIETY STAKEHOLDER STAKEHOLDERS STOCKS SUBSIDIARY SUPPLIER MANAGEMENT SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUSTAINABILITY TARGETS TELEPHONE TOP MANAGEMENT UNIVERSITIES USERS USES VALUE CHAIN VALUE CHAINS As external pressures - including resource scarcity, globalization, and access to information - continue to increase, the way corporations respond to sustainability challenges will determine their long-term viability and competitiveness. In this paper, the author traces the development of a corporation s attitude toward sustainability from its being an add - on that is nice to have and may enhance corporate reputation, through an approach that sees it more as a tool of risk management, to considering it a builder of value not just for the corporation but for all its stakeholders as well. The paper focuses on the essential role of the corporate board, bringing very practical guidelines to stimulate and assist any board of a corporation embarking on the journey toward greater sustainability and value creation. The paper concludes with a detailed and invaluable checklist of questions for any board to ask itself. This list helps a board build assurance that it is on the right track. It is as useful to a company just starting on the journey as it will be to those companies already well advanced in creating sustainable shared value and that want to make sure one is not missing any opportunities. 2015-04-08T18:14:27Z 2015-04-08T18:14:27Z 2015-02 Brief http://documents.worldbank.org/curated/en/2015/02/24225042/responsible-boards-action-plan-sustainable-future http://hdl.handle.net/10986/21700 English en_US Private Sector Opinion;no. 36 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO INFORMATION ACTION PLAN ACTION PLANS AGENTS ASSURANCE AUDITORS BALANCE SHEET BLOG BOARD MEMBERS BOARDS OF DIRECTORS BUSINESS DECISION BUSINESS DECISIONS BUSINESS ETHICS BUSINESS LEADERS BUSINESS MODEL BUSINESS OPERATIONS BUSINESS PERFORMANCE BUSINESS STRATEGIES BUSINESS VALUE CAPABILITIES CEO CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER COMPANY COMPENSATION COMPETITIVE ADVANTAGE COMPETITIVENESS CONSTITUENCY STATUTES CONTROL SYSTEMS COPYRIGHT CORP. CORPORATE BOARD CORPORATE BOARDS CORPORATE CITIZENSHIP CORPORATE CULTURE CORPORATE GOVERNANCE CORPORATE GOVERNANCE STANDARDS CORPORATE LAW CORPORATE RESPONSIBILITY CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COVERAGE CUSTOMER BEHAVIOR DECISIONMAKING DELAWARE DELAWARE CODE DERIVATIVE ACTIONS DUTY OF CARE ECONOMIC DEVELOPMENT EMERGING MARKETS EXTERNALITIES FAMILY BUSINESSES FIDUCIARY FIDUCIARY DUTY FINANCIAL ASSETS FINANCIAL INFORMATION FINANCIAL METRICS FINANCIAL RESOURCES FIRM PERFORMANCE GLOBAL ECONOMY GLOBAL STANDARDS GLOBALIZATION GOOD CORPORATE GOVERNANCE GOVERNANCE PRINCIPLES HOSTILE TAKEOVERS HUMAN CAPITAL INCORPORATED INDIVIDUAL COMPANIES INDIVIDUALS INDUSTRIAL REVOLUTION INFORMATION FLOW INFORMATION SYSTEMS INNOVATION INSTITUTION INSURANCE INSURANCE COMPANIES INSURERS INTANGIBLE ASSET INTELLECTUAL CAPITAL INVESTIGATION LABOR ORGANIZATIONS LABOR UNIONS LAWS LICENSE LICENSES LIMITED MANAGEMENT SYSTEMS MANAGERS MANUFACTURING MARKETING MATERIAL MITIGATION NETWORKS OUTPUTS PARTNERSHIP PERFORMANCE INDICATORS PRIVATE SECTOR PRODUCT DESIGN PRODUCT DEVELOPMENT PROGRAMS PURCHASING POWER QUERIES REGULATORY AGENCIES REGULATORY COMPLIANCE RESOURCE ALLOCATION RESULTS RISK ANALYSIS RISK MANAGEMENT RISK TAKING SAFETY SAVINGS SHAREHOLDER SHAREHOLDER BASE SHAREHOLDER INTERESTS SHAREHOLDERS SOCIETY STAKEHOLDER STAKEHOLDERS STOCKS SUBSIDIARY SUPPLIER MANAGEMENT SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUSTAINABILITY TARGETS TELEPHONE TOP MANAGEMENT UNIVERSITIES USERS USES VALUE CHAIN VALUE CHAINS
spellingShingle	ACCESS TO INFORMATION ACTION PLAN ACTION PLANS AGENTS ASSURANCE AUDITORS BALANCE SHEET BLOG BOARD MEMBERS BOARDS OF DIRECTORS BUSINESS DECISION BUSINESS DECISIONS BUSINESS ETHICS BUSINESS LEADERS BUSINESS MODEL BUSINESS OPERATIONS BUSINESS PERFORMANCE BUSINESS STRATEGIES BUSINESS VALUE CAPABILITIES CEO CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER COMPANY COMPENSATION COMPETITIVE ADVANTAGE COMPETITIVENESS CONSTITUENCY STATUTES CONTROL SYSTEMS COPYRIGHT CORP. CORPORATE BOARD CORPORATE BOARDS CORPORATE CITIZENSHIP CORPORATE CULTURE CORPORATE GOVERNANCE CORPORATE GOVERNANCE STANDARDS CORPORATE LAW CORPORATE RESPONSIBILITY CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COVERAGE CUSTOMER BEHAVIOR DECISIONMAKING DELAWARE DELAWARE CODE DERIVATIVE ACTIONS DUTY OF CARE ECONOMIC DEVELOPMENT EMERGING MARKETS EXTERNALITIES FAMILY BUSINESSES FIDUCIARY FIDUCIARY DUTY FINANCIAL ASSETS FINANCIAL INFORMATION FINANCIAL METRICS FINANCIAL RESOURCES FIRM PERFORMANCE GLOBAL ECONOMY GLOBAL STANDARDS GLOBALIZATION GOOD CORPORATE GOVERNANCE GOVERNANCE PRINCIPLES HOSTILE TAKEOVERS HUMAN CAPITAL INCORPORATED INDIVIDUAL COMPANIES INDIVIDUALS INDUSTRIAL REVOLUTION INFORMATION FLOW INFORMATION SYSTEMS INNOVATION INSTITUTION INSURANCE INSURANCE COMPANIES INSURERS INTANGIBLE ASSET INTELLECTUAL CAPITAL INVESTIGATION LABOR ORGANIZATIONS LABOR UNIONS LAWS LICENSE LICENSES LIMITED MANAGEMENT SYSTEMS MANAGERS MANUFACTURING MARKETING MATERIAL MITIGATION NETWORKS OUTPUTS PARTNERSHIP PERFORMANCE INDICATORS PRIVATE SECTOR PRODUCT DESIGN PRODUCT DEVELOPMENT PROGRAMS PURCHASING POWER QUERIES REGULATORY AGENCIES REGULATORY COMPLIANCE RESOURCE ALLOCATION RESULTS RISK ANALYSIS RISK MANAGEMENT RISK TAKING SAFETY SAVINGS SHAREHOLDER SHAREHOLDER BASE SHAREHOLDER INTERESTS SHAREHOLDERS SOCIETY STAKEHOLDER STAKEHOLDERS STOCKS SUBSIDIARY SUPPLIER MANAGEMENT SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUSTAINABILITY TARGETS TELEPHONE TOP MANAGEMENT UNIVERSITIES USERS USES VALUE CHAIN VALUE CHAINS Arguden, Yilmaz Responsible Boards : Action Plan for a Sustainable Future
relation	Private Sector Opinion;no. 36
description	As external pressures - including resource scarcity, globalization, and access to information - continue to increase, the way corporations respond to sustainability challenges will determine their long-term viability and competitiveness. In this paper, the author traces the development of a corporation s attitude toward sustainability from its being an add - on that is nice to have and may enhance corporate reputation, through an approach that sees it more as a tool of risk management, to considering it a builder of value not just for the corporation but for all its stakeholders as well. The paper focuses on the essential role of the corporate board, bringing very practical guidelines to stimulate and assist any board of a corporation embarking on the journey toward greater sustainability and value creation. The paper concludes with a detailed and invaluable checklist of questions for any board to ask itself. This list helps a board build assurance that it is on the right track. It is as useful to a company just starting on the journey as it will be to those companies already well advanced in creating sustainable shared value and that want to make sure one is not missing any opportunities.
format	Brief
author	Arguden, Yilmaz
author_facet	Arguden, Yilmaz
author_sort	Arguden, Yilmaz
title	Responsible Boards : Action Plan for a Sustainable Future
title_short	Responsible Boards : Action Plan for a Sustainable Future
title_full	Responsible Boards : Action Plan for a Sustainable Future
title_fullStr	Responsible Boards : Action Plan for a Sustainable Future
title_full_unstemmed	Responsible Boards : Action Plan for a Sustainable Future
title_sort	responsible boards : action plan for a sustainable future
publisher	International Finance Corporation, Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2015/02/24225042/responsible-boards-action-plan-sustainable-future http://hdl.handle.net/10986/21700
_version_	1764449132432326656

Responsible Boards : Action Plan for a Sustainable Future

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