corporate governance
Being accountable to our members, communities and employees for the impact of our decisions and actions is fundamental to the way mecu goes about its business.
The move towards greater transparency and accountability in public reporting is a means of meeting our stakeholders and the community’s increasing need for information on corporate performance in managing economic, social and environmental activities.
mecu believes that a number of business benefits flow from greater transparency and accountability in public reporting. These benefits include:
- enhanced corporate reputation and brand benefit
- securing and maintaining a 'social licence to operate'
- attraction and retention of high calibre employees
- better alignment of stakeholder needs with management focus, and
- improved access to the growing socially progressive market.
mecu demonstrates its accountability and organisational transparency through the process of stakeholder engagement, sustainability reporting as well as participation in publicly reported benchmarking initiatives such as the St James Ethics Centre’s - Corporate Responsibility Index.
Key findings from our stakeholder engagement activities are used to guide our business planning process, resulting in the establishment of objectives and strategies that ensure continuous performance improvement. Progress made on these objectives and strategies are published in our annual Sustainability Reports.
Download the mecu Constitution 2007 (316KB PDF)
