Corporate Accountability V Corporate Responsibility
Susan Power Bergin, Member
Corporate accountability is about running your operations openly and honestly, from every level of the organization.
In the event an audit is undertaken, the management know that protocols are in place. So they do not have to worry about any irregularities. Any questions or queries that anyone has on any aspect of the organisation a clear honest account of what is being done to resolve any conflicts or discrepancies can be accounted for.
Example: Hazardous waste - complies with local, national and International legislation.
So corporate accountability is very much a PR tool.
Corporate responsibility is insuring that a company works within the relative legislative criteria relevant to their business. This also includes the legal requirements of Health and Safety in the workplace.
To sum up in brief: Corporate Responsibility is being responsible for what your business is doing and then being able to account for the policies and procedures that are put in place to prove compliance.