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Context publishes ‘CR Reporting in Context 2006′ - ReportAlert.info!

Posted By iain_mcghee On July 31, 2006 @ 2:32 pm In +english, ReportAlert | Comments Disabled

Dramatic global rise in corporate responsibility reporting

A record number of leading global companies are voluntarily reporting on social and environmental issues, according to a report published today (Global Corporate Responsibility Reporting Trends 2006) by the corporate responsibility consultancy Context ([1] www.econtext.co.uk)

But there are still question marks about the quality of reporting. Context directors argue:

  • Experienced reporters are eager to escape conformity with informal reporting standards to produce more effective communications
  • Companies need to focus on key issues, but find guidance on “materiality” issues unhelpful
  • Reports need to be part of a process of improving performance and are not an end in themselves.

    • The Context report, based on information from the [2] www.CorporateRegister.com/ database, analyses reporting of the world’s 300 leading public companies. It shows:

  • Only 10 of the top 100 in Europe do not report
  • A majority of the US top 100 now publish a report
  • Most companies report on a wide range of issues rather than focusing solely on environment or philanthropy
  • The majority of European reporters use external assurance to validate their reports, but this is less common elsewhere and very rare in the US
  • A growing number of these companies acknowledge the Global Reporting Initiative (GRI) guidelines, but very few are formally “in accordance” with them.

    • The report is available as a pdf on the Context website: [3] www.econtext.co.uk/ or as a hard copy by request to [4] peterk@econtext.co.uk

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    URL to article: http://csr-news.net/main/2006/07/31/context-publishes-cr-reporting-in-context-2006-reportalertinfo/

    URLs in this post:
    [1] www.econtext.co.uk: http://www.econtext.co.uk
    [2] www.CorporateRegister.com/: http://www.CorporateRegister.com/
    [3] www.econtext.co.uk/: http://www.econtext.co.uk/
    [4] peterk@econtext.co.uk: mailto:peterk@econtext
    6;co.uk