Increasingly, organizations recognize their responsibility to consider how their activities affect local communities and the environment, as well as their employees, shareholders and customers.
From strategic planning and executive compensation, outsourcing and plant closings, to strategic philanthropy and employee voluntarism, companies are realizing that the interests of shareholders are best served when the interests of others also affected by corporate decisions are taken into account and balanced in a principled manner.
Ethos works with client boards and executives to:
- Identify the legitimate interests of stakeholders likely to be affected by corporate actions
- Articulate the principles on the basis of which those interests will be considered
- Integrate consideration of those interests into the strategic planning and decision making processes
- Develop and implement a plan for effective communication of company plans, decisions and actions to affected stakeholders
- Assess periodically the adequacy of the principles and processes implemented
- Report annually to shareholders and the public about the company’s commitment to corporate responsibility, its strategy and objectives to achieve that commitment, and its performance to date.