Oireachtas Joint and Select Committees

Wednesday, 20 March 2024

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Challenges Facing Businesses in Relation to Sustainability and Corporate Social Responsibility: Discussion

Ms Bernadette Phelan:

The Business Working Responsibly mark is modelled on the ISO. It is a "plan, do, check" act. It is a management structure around corporate responsibility. We designed the mark with our members and it is about ten years in operation. It is a robust framework to develop a strategic, holistic view of sustainability.

Not having corporate social responsibility as a stand-alone part of the business means that it can be, dare I say, chopped off in difficult times. It should be integrated into business decision-making. It is a framework we use with our companies to help them understand how decision-making can be influenced by sustainability parameters and really get it into the DNA of companies. A large part of the focus of it is around the governance structure and the responsibility of the board and senior team. It looks at governance, environmental practice and social practice.

Comments

No comments

Log in or join to post a public comment.