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The View from the Boardroom - UNDP Trinidad and Tobago

The View from the Boardroom - UNDP Trinidad and Tobago

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<strong>The</strong> <strong>View</strong> <strong>from</strong> <strong>the</strong> <strong>Boardroom</strong> - CEO Study on Corporate Social Responsibility in <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong>ContentsForeword................................................................................................................................................................. 4Preface..................................................................................................................................................................... 5Participating CEOs............................................................................................................................................... 6Additional Insights <strong>from</strong> Business Leaders...................................................................................................... 7Acknowledgements............................................................................................................................................... 8Acronyms................................................................................................................................................................ 8Executive Summary.............................................................................................................................................. 9Definitional Questions – CSR <strong>and</strong> Sustainability.........................................................................................12Methodology........................................................................................................................................................14Chapter 1..............................................................................................................................................................17CSR in <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> – Strategic Evolution or Preserving <strong>the</strong> Status Quo?InterviewSharon Christopher, Deputy CEO, First Citizens Bankon Corporate Ethics, Risk Management <strong>and</strong> Morality in Business.......................................................30Chapter 2..............................................................................................................................................................37Government, Consumers <strong>and</strong> Employees – <strong>The</strong> Drivers of CSRInterviewCharles Percy, CEO Methanex <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Ltd.on Sweat Equity, Corporate Volunteerism <strong>and</strong> <strong>the</strong> Value of Human Capital......................................44Chapter 3..............................................................................................................................................................49<strong>The</strong> Third Sector Revisited – Private Sector <strong>and</strong> Nonprofit PartnershipsChapter 4..............................................................................................................................................................57Managing Human Capital through CSR – <strong>The</strong> Business Case for Corporate Volunteering3

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