CSR

BP and the Gulf of Mexico: 10 lessons for corporate responsibility

Image: U.S. Coast Guard

Simon Propper, managing director of sustainability strategy consultancy Context, considers weaknesses in the CSR industry that should be addressed in light of the BP Deepwater Horizon case. He suggests ten proposals to make CR more robust:
1. Strong governance
2. Non-executive director representation
3. Governance
4. Enhanced compliance function
5. External oversight
6. Culture change
7. Performance related pay
8. Get the KPIs right
9. Risk identification
10. An overhaul of ISO14001 and OHSAS18000

Full article here