Exploring the Intersection of Business Reputation, Consumers, and Sustainability

Taiga Company blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
Dec 3, 2012 7:00 AM ET
For the second year in a row, reputational risk is the top concern for board members according to a survey of 193 directors. Regulatory risk concerns remained stable while concerns for reputational risks grew.  The survey, conducted from October 2011 through February 2012, measures the opinions of directors serving on the boards of publicly traded and private companies.
Of respondents surveyed, more than two-thirds serve on audit committees and half sit on nominating and/or compensation committees. The respondents serve on boards across a variety of industries: 30% in the financial sector, 19% in the technology sector, and 18% in the consumer sector, according to EisnerAmper.  Taken together, the top areas of concern in reputational risk are product quality, liability, and customer satisfaction, at 39%. Second is a combination of concerns about integrity, fraud, ethics, and the Foreign Corrupt Practices Act, which totaled 24%. Click here to continue reading, Exploring the Intersection of Business Reputation, Consumers, and Sustainability

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".