Telecom Italia - Sustainability duties of the Internal Control and Corporate Governance Committee
Sector
Telecommunication Services
CSR Issues
CSR strategy & corporate governance, Risk management
Year of implementation
2009
Business challenge
Mainstreaming sustainability and bringing sustainability issues to the attention of the Board of Directors.
Description of solution
The Internal Control and Corporate Governance Committee consists of five non-executive directors, all independent, two of whom chosen from a minority slate. At least one of the members must have adequate skills in accounting and finance. Among other duties, the Committee oversees CSR matters.Telecom Italia External Relations Director and Sustainability Manager report periodically to the Committee the main results achieved and the future targets for improvement.
The solution got a special mention within the prize for corporate governance that Telecom Italia won in the contest “Oscar di Bilancio 2011” promoted by FERPI (Italian Federation for Public Relations) with the high patronage of the Italian Presidency of the Republic.
Regions
Global
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