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The Stakeholder Engagement Manual Volume 2 - AccountAbility

The Stakeholder Engagement Manual Volume 2 - AccountAbility

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Annex<br />

JARGON BUSTER<br />

JARGON BUSTER<br />

Accountability<br />

An organisation can be considered as accountable when it accounts to its<br />

stakeholders regarding material issues (transparency), responds to stakeholders<br />

regarding these issues (responsiveness) on an ongoing basis, and complies with<br />

standards to which it is voluntarily committed, and with rules and regulations<br />

that it must comply with for statutory reasons (compliance).<br />

Communication<br />

Any manner of information-sharing with stakeholders, generally through oneway,<br />

non-iterative processes.<br />

Consultation<br />

Th e process of gathering information or advice from stakeholders and taking<br />

those views into consideration to amend plans, make decisions or set directions.<br />

Corporate Social Responsibility (CSR)<br />

A concept whereby companies integrate social and environmental concerns in<br />

their business operations and in their interaction with their stakeholders. Other<br />

terms used to refer to the same concept include CESR (corporate environmental<br />

and social responsibility), corporate citizenship and corporate responsibility.<br />

Dialogue<br />

An exchange of views and opinion to explore diff erent perspectives, needs and<br />

alternatives, with a view to fostering mutual understanding, trust and cooperation<br />

on a strategy or initiative.<br />

<strong>Engagement</strong><br />

An organisation’s eff orts to understand and involve stakeholders and their<br />

concerns in its activities and decision-making processes.<br />

Margins of Movement<br />

<strong>The</strong> boundaries which defi ne what an organisation can and cannot do in<br />

order to address an issue and the related stakeholders’ expectations. Margins of<br />

movement are determined by the resources an organisation has for addressing an<br />

issue, and by organisational objectives which are not changeable but in confl ict<br />

with potential ways of addressing an issue that stakeholders might expect.<br />

THE PRACTITIONER'S HANDBOOK ON STAKEHOLDER ENGAGEMENT | 135

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