That's what I'm worried about and that's why I'm calling BS on this. The executive uses big words like "responsibility", I'd like to know what concrete measures are then hidden behind it.
Corporations talk only BS for the past 10-15 years, words have no longer a meaning. Failures are usually rewarded, not punished, failing upwards is the norm in many places. Expectations of real responsibility, actions, etc are for people from other times, that are old or retired.