CSR Committee Sample Clauses
The CSR Committee clause establishes a dedicated group within an organization responsible for overseeing and guiding its corporate social responsibility (CSR) initiatives. Typically, this committee is composed of members from various departments or levels of management, and it is tasked with setting CSR policies, monitoring compliance, and reporting on progress to stakeholders. By formalizing the structure and responsibilities of the CSR Committee, this clause ensures that the organization's social and environmental commitments are managed systematically and transparently, thereby promoting accountability and alignment with broader ethical or regulatory expectations.
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CSR Committee. 3.1 The Sugar and Ethanol Co shall establish a corporate social responsibility committee (the “CSR Committee”). The CSR Committee shall have 2 members comprising members of the Supervisory Board nominated by each of Cosan and Shell in equal proportions.
3.2 The CSR Committee shall:
(a) prepare and oversee the implementation of a plan relating to corporate social responsibility adopted by the Sugar and Ethanol Co;
(b) monitor the performance of the Sugar and Ethanol Co in relation to the corporate social responsibility, and regularly report details of such performance to the Supervisory Board;
(c) oversee the implementation of the “Sustainable Development Remediation Plan” adopted by the Sugar and Ethanol Co; and
(d) monitor the performance of the Sugar and Ethanol Co in relation to the Sustainable Development Remediation Plan, and regularly report details of such performance to the Supervisory Board.
CSR Committee. 3.1 The Downstream Co shall establish a corporate social responsibility committee (the “CSR Committee”). The CSR Committee shall have 2 members comprising members of the Supervisory Board nominated by each of Cosan and Shell in equal proportions.
3.2 The CSR Committee shall:
(a) prepare and oversee the implementation of a plan relating to corporate social responsibility adopted by the Downstream Co;
(b) monitor the performance of the Downstream Co in relation to the corporate social responsibility, and regularly report details of such performance to the Supervisory Board;
(c) oversee the implementation of the “Sustainable Development Remediation Plan” adopted by the Downstream Co; and
(d) monitor the performance of the Downstream Co in relation to the Sustainable Development Remediation Plan, and regularly report details of such performance to the Supervisory Board.