CS Professional · Environmental, Social and Governance (ESG) - Principles and Practice · Green Initiatives
Kaveri Textiles Ltd wants to cut paper use in board processes. The Company Secretary proposes sending notices, agenda and notes for board and committee meetings through a secure electronic board portal and holding some meetings by video conferencing. Which role is the Company Secretary mainly performing?
The Company Secretary is promoting paperless governance. Electronic notices, board portals and video conferencing reduce paper use and travel, and the CS facilitates these as part of board process management. Approving policy remains with the board, and auditing or environmental verification are separate professional functions.
- APromoting paperless governance by using electronic means for meeting processesCorrect
- BActing as the statutory auditor reviewing environmental costs
- CReplacing the board in approving the company's green policy
- DCertifying the carbon footprint of the plant as an environmental verifier
Explanation
Using electronic notices, board portals and video conferencing is a green initiative that reduces paper and travel. The Company Secretary facilitates this as part of governance administration. The CS does not replace the board in policy approval, nor act as auditor or environmental verifier.
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