Wednesday, 23 March 2016
The Institute of Business Ethics, in conjunction with ICSA and Mazars, has published a report exploring the role of FTSE350 board committees formed with specific responsibility for corporate responsibility, sustainability or ethics: see here (pdf). The report notes that 30 companies in the FTSE100 and 25 in the FTSE250 have formed such committees; these committees are more common in sectors with reputation and regulatory risk (e.g., banking, mining, defence). The report also explores the mandate given to such committees. An overview of the report is available here (pdf).