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WCD Boston Chapter Event

 Export to Your Calendar 10/24/2016
When: Monday, October 24, 2016

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WCD Boston Chapter Event

 

Event Topic: The New Face of Corporate Social responsibility

Date:  October 24, 2016, Dinner

Colonnade Hotel, 120 Huntington Avenue, Boston
6:00 PM Cocktails, 7:00PM Dinner and Discussion
 

Details of the Event and Guest Speakers:

On Monday, October 24 from 6-9PM we will hold the next Women Corporate Directors dinner at the Colonnade Hotel. The topic will be the New Face of Corporate Social Responsibility with the discussion lead by Karina Funk, Portfolio Manager and Head of Sustainable Investing Strategies at Brown Advisory, and Cheryl Kiser, Executive Director of the Lewis Institute for Social Enterprise at Babson College. Details are below and in the attached document. Also attached is a report entitled Defining the Competitive and Financial Advantages of Corporate Responsibility and Sustainability, which was co-authored by Cheryl. Also please let us know any changes in your boards or committees. If in doubt please send in your information. As you know we distribute a list of attendees with their boards and committees so members can think of each other when doing confidential board searches. If you have not already done so, please pay your annual dues. If you have any questions on that issue please email Jennifer Hunter: jennifer@womencorporatedirectors.com. Finally, we are always looking for new members who are directors of public companies so consider bringing a colleague as our guest, just let us know her name, contact information and boards. We look forward to seeing you on October 24.

Elaine Eisenman, Pam Lenehan, Mary Ann Tocio
 
RSVP to Pam Lenehan: plenehan@ridgehillconsulting.com or 781-449-9665
 

The New Face of Corporate Social Responsibility
 
What is the Board’s role in corporate social responsibility?  Why is it that too few directors put CSR on their agendas? How can boards help reframe Corporate Social Responsibility to become Corporate Social Relevance? Traditional CSR typically falls into the categories of either “compliance” or “philanthropy”, but no organization has ever “complied” themselves to greatness, and philanthropy is rarely seen as a source of strategic alignment. 
 
Today, investors are looking for companies to not only show that they have the resilience necessary to sustain growth in the face of challenging environmental and social issues, but to actually demonstrate leadership around these issues. In order for companies to reap the significant financial and reputational benefits possible, CSR activities must go beyond compliance and philanthropy. Employees and customers are increasingly interested in the company’s commitment to being a good corporate citizen. The Deloitte study on millennials found that having a sound model for CSR is often the threshold requirement for millennials to consider working for a particular company. In addition, some of the most forward-looking management teams – and increasingly, their directors and investors – understand that CSR is a lens by which companies can innovate and create opportunities for profits and growth. Should the board impact these initiatives? How should CSR be governed? What are the best practices for companies and boards?
 

Our panelists will be Karina Funk, Portfolio Manager and Head of Sustainable Investing Strategies at Brown Advisory, and Cheryl Kiser, Executive Director of the Lewis Institute for Social Enterprise at Babson College. Cheryl is the co-author of Project ROI, Defining the Competitive and Financial Advantages of Corporate Responsibility and Sustainability, sponsored by the Campbell Soup Company and Verizon.  A copy of the report is attached. We look forward to seeing you on October 24.

Elaine Eisenman, Pam Lenehan, Mary Ann Tocio
 
RSVP to Pam Lenehan: plenehan@ridgehillconsulting.com or 781-449-9665

Please contact the Chapter Chairs for further details.
Please contact the Chapter Chairs for further details.

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