The current CSR issue and the impact it has on some stakeholders

  [Insert exact wording of proposed board resolution that the Executive Committee will propose to the Board of Directors] The draft resolution must be clear, concise and unambiguous. Up to here you should have used fewer than 50 words. 1) Executive Summary Explain in no more than 100 words what the paper is about and what it is endeavoring to achieve. The paragraph should be clear and concise and should state that the paper is seeking the Board of Directors approval for a specific action. 2) Background Outline in 150 words the background of the current CSR issue and the impact it has on some stakeholders; be specific on which stakeholder group is affected. Please provide the information necessary for a non-executive director - who does not have the background knowledge of an executive director - to understand the proposal. If it is not possible to explain the background to the proposal in the space of 150 words include an appendix and provide further details like for example tables, graphs or images. 3) Recommendation Outline the recommendation in around 250 words. Do not repeat the statements made in the sections above. Mention, if possible, alternative options that were considered by management and explain why the preferred option was chosen. Also detail the outcomes that management is seeking to achieve from the proposal. If the implications of the proposal are complex include an appendix and provide further details. 4) Implications of non-action and of the recommendation Explain in 200 words the implication(s) of the recommended action on the company’s (key) stakeholders. You should also review the implication that ‘action’ (implementing the recommendation) vs ‘non-action’ (letting things how they are) will have for the company in all or some of the following areas (please use the appendix for tables and graphs): 1) Company’s strategy, mission and CSR policies 2) Corporate governance and compliance as well as liability/personal accountability for CEO/ Board of Directors 3) Markets and competition 4) Financial implications