Corporate Governance System?

Question

How might a corporation ensure that its corporate governance system addresses social and environment responsibilities?

Answer 1

Have a social and environmental department

Answer 2

That is often done by putting it in their functional mission statement. Mission statements are often non-functioning fluff, but sometimes are accurate representations of a company's intent, process, and purpose. Another is a long-term alliance with organizations that are recipient to the corporate donations of cash, resources, or operational services (like sharing warehouse space, passing on good but replaced equipment like copiers and computers, etc.) Another is shared advertising or additional mentions--Bob Barker used to put a plug in at the end of every episode of The Price is Right for getting pets spayed and neutered to avoid the suffering of abandoned kittens and puppies. Bill Gates sometimes includes a mention of what the Bill and Melinda Gates Foundation is doing when he is there to talk about Microsoft products and services. McDonalds has the Ronald McDonald house charity and when they speak of the charity, they often piggy-back with a mention of a problem, like children suffering from cancer, but of course who hears about the Ronald McDonald House without hearing McDonald or seeing the clown that is their mascot. It becomes an advertising feature. Welchs' has been doing charitiable work for years. Paul Newman, "Newman's Own" brands, have as well. The Green Bay Packers football franchise caused the NFL to change the ownership rules, lest other less-than-mercenary ownership organizations sponsor teams to the financial benefit of their community instead of some rich owner becoming richer.