Integrating
corporate responsibility communications into your
IR website
By Dominic
Jones and Pam
Agnew, ABC Related: Best
Practices for Corporate Governance Sections
CORPORATE collapses, mutual
fund scandals and management malfeasance have
heightened investors' sensibilities about ethical
and fair business practices. And this new interest
and concern about the moral character and ethical
behavior of companies will impact the products
people buy, where they want to work and how they
choose to invest their money.
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Most
fund managers and analysts expect
responsibility issues to become more
important in the next two years.
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The impact is spreading beyond the narrow confines
of corporate governance and accounting integrity
to broader indicators of good corporate behavior.
A variety of high quality surveys and studies
have identified the beginnings of a groundswell
of interest among the regular investing public
in the social and environmental practices of the
companies they invest in. This in turn is driving
mainstream public and private institutional money
managers to respond to the market's needs by increasingly
incorporating corporate responsibility screening
into their investment decision making processes.
Few public companies currently are using their
websites to effectively communicate their corporate
responsibility standards and practices. To ensure
that they address the growing interest in ethical
business practices, investor relations executives
must communicate a message of corporate credibility,
accountability and trust to their audiences. And
as the primary source of company information,
the company's website is pivotal to an effective
IR communications program.
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