Skip to content

CS Professional · CSR and Social Governance · CSR Projects and Implementation Agency

Under the CSR Rules, the Board of Tara Steels Ltd is considering a recommendation by its CSR Committee. Which of the following is the Board's responsibility, as opposed to a CSR Committee function?

The Board's responsibility is to ensure the activities in the CSR Policy are undertaken and to disclose the Committee's composition and the approved policy and projects on the website. Formulating the policy, recommending expenditure and monitoring are Committee functions.

  1. AFormulating the CSR Policy and recommending it to the Board
  2. BRecommending the amount of expenditure to be incurred on CSR activities
  3. CEnsuring that the activities included in the CSR Policy are undertaken and disclosing the composition of the CSR Committee and the CSR Policy and projects approved on its websiteCorrect
  4. DInstituting a transparent monitoring mechanism for the projects

Explanation

The Board approves the CSR Policy after taking the Committee's recommendations into account. It ensures the activities in the policy are undertaken, and it discloses the committee composition and the approved policy and projects in its report and on the website. The other options are Committee functions: formulating and recommending the policy, recommending the expenditure and monitoring.

Did you get it right without looking?

One question tells you little. A timed set on CSR Projects and Implementation Agency shows your real accuracy, how long you take and where you lose marks.

Practise CSR Projects and Implementation AgencyFree diagnostic mock

More CSR Projects and Implementation Agency questions