Corporate Affairs

Corporate Affairs refers to a company's activities and strategies for managing its relationships with external stakeholders like the government, media, and public, and is concerned with reputation, risk, and trust. This function includes public relations, government relations, investor relations, and corporate social responsibility, and is crucial for ensuring compliance with legal and regulatory requirements.

Key responsibilities and functions

  • Stakeholder communication: Managing relationships and communication with a wide range of stakeholders, including government, consumers, investors, media, and employees.
  • Public and media relations: Handling public perception, writing press releases, and communicating the company's message through various media.
  • Regulatory compliance: Ensuring the company follows all legal and regulatory requirements and guiding the company on corporate governance matters.
  • Risk management: Protecting the company's reputation and managing risks by ensuring all perspectives are considered in decision-making.
  • Corporate social responsibility (CSR): Overseeing the company's social and environmental impact.

What the function includes

  • Public Relations: Managing the company's public image.
  • Government Relations: Building relationships with government agencies and regulators.
  • Investor Relations: Communicating with investors and analysts.
  • Internal Communications: Managing communication with employees.
  • Crisis Communications: Handling and responding to crises effectively.
  • ESG (Environmental, Social, and Governance): Addressing the company's performance on these key areas.