PSIR DeepAnalysis

Institutional responsibility

Institutional responsibility is the responsibility of the organization for its decisions, activities and their results.

The organization may be held accountable for these activities before official bodies and stakeholders, who benefit from its services such as standards, testing, certification and reporting.

This responsibility has three dimensions: legal, ethical and societal. Moreover, it represents a responsibility of a national dimension. Organizations should:

° Adopt international and establish national criteria for social responsibility;

° Include the principles and values of responsibility and accountability in their practices;

° Adopt a sustainability reporting initiative such as the Global Reporting Initiative in their work.