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An Investment Office P.O. Box 2749 Sacramento, CA 95812-2749 Telecommunications Device for the Deaf (916) 795-3240 (916) 795-3400 February 14, 2005, AGENDA ITEM: 7a(7) TO: MEMBERS OF THE INVESTMENT
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Environmental corporate governance strategy refers to the policies, practices, and initiatives implemented by a corporation to manage and mitigate its impact on the environment while ensuring sustainability and compliance with environmental regulations.
The requirement to file an environmental corporate governance strategy may vary depending on the specific laws and regulations of each jurisdiction. Generally, large corporations, especially those operating in environmentally sensitive industries, are usually required to file such strategies.
Filling out an environmental corporate governance strategy typically involves conducting an environmental audit, identifying key areas of improvement, setting performance targets, implementing relevant policies and practices, and regularly monitoring and reporting progress towards environmental goals.
The purpose of an environmental corporate governance strategy is to minimize a corporation's negative impact on the environment, enhance environmental performance, ensure compliance with environmental laws and regulations, and improve overall sustainability by integrating environmental considerations into its business operations.
The specific information required to be reported on an environmental corporate governance strategy can vary, but it typically includes details on the corporation's environmental policies, targets, initiatives, performance indicators, monitoring and reporting mechanisms, and risk management practices.
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