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4.1CITY OF WHEATLAND CITY COUNCIL MEETING STAFF REPORT August 22,2023 SUBJECT:Consideration and Adoption of Resolution Authoring Execution of Agreement for Banking Services with Five Star BankPREPARED
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CC-SR consideration and adoption refers to the formal process through which entities assess and adopt a specific regulatory framework or standard related to corporate social responsibility (CSR) and sustainability.
Typically, businesses and organizations that fall under regulatory requirements for corporate social responsibility disclosures are required to file CC-SR consideration and adoption.
To fill out the CC-SR consideration and adoption form, entities need to provide relevant information regarding their CSR strategies, compliance measures, and the specific standards they are adopting.
The purpose of CC-SR consideration and adoption is to ensure that businesses are aligning their practices with established CSR standards and to promote transparency and accountability in their operations.
Entities must report information such as their CSR policies, implementation strategies, performance metrics, and any impact assessments conducted regarding their social and environmental practices.
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