The world spotlight is on corporate responsibility and accountability. The recent financial crisis has revealed traditional governance and risk management systems to be inadequate. The world community is becoming acutely aware that business has not been shouldering the true costs of its social and environmental impacts. However, progressive business leaders are embracing the principles of corporate responsibility and sustainability and taking steps to embed them throughout their organisations. Experience from across the globe demonstrates that these moves not only enhance reputation amongst key stakeholders but, if done well, have the potential to save costs, attract new customers and invigorate learning and innovation.

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