Management

Continuing Action

This section explains the main steps involved in setting up systems to manage your environmental impacts and some of the forms of recognition (standards, labels, reporting) available should your company wish to gain environmental credentials. Finally, initiatives such as corporate social responsibility, corporate governance and ethical investment are explained as these can overlap with environmental responsibility initiatives and they are being adopted by the screen production industry overseas and in New Zealand.

Corporate governance

Corporate governance deals with the rights and responsibilities of a company’s management, its board, shareholders and various stakeholders. How well companies are run affects market confidence as well as company performance. Good corporate governance is therefore essential for companies that want access to capital and for countries that want to stimulate private sector investment. If companies are well run, they will prosper. This in turn will enable them to attract investors whose support can help to finance faster growth.
The Organisation for Economic Cooperation and Development (OECD) Principles of Corporate Governance provide the basis for corporations wishing to demonstrate best practice in their governance.