Global study assesses quality of companies' corporate social responsibility and sustainability reporting

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Article
18 October 2010

Critical Look at How Companies Report on Corporate Social Responsibility and Sustainability

Author: Sethi International Center for Corporate Accountability, Inc.

Sethi CSR Monitor has analyzed reports by 514 companies selected from a worldwide database...findings are offered in a just-released study, Making Sense of CSR 2010...companies in Europe have better quality reports than their counterparts in the United States...The analysis does not evaluate...these reports against independent external standards...Instead, it compares the content and quality of…reports against their peers in the industry, country and region...Poorly performing companies invite adverse public reaction and are encouraged to improve their performance...Companies…continue to emphasize philanthropic activities in their CSR-S reports...The most important shortfall in the CSR-S reports is the reluctance of the companies to provide independent external assurance as to the integrity of the factual data provided…[Refers to: Adobe Systems, Aetna Inc., Alcoa Inc., Barrick Gold, BHP Billiton Ltd., BMW, Goldman Sachs, Husky Energy, Hyundai Motor, Infosys Technologies, Lufthansa, Samsung, Sinopec, Sunoco, Unilever]

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Article
1 October 2010

About the "Making Sense of CSR 2010" Report

Author: Sethi International Center for Corporate Accountability

"Making Sense of CSR 2010" is a unique and a comprehensive report that provides a comparative analysis of corporate CSR reporting techniques from around the world. The report is based on a rigorous evaluative framework developed by SICCA that assesses non-financial CSR/ Sustainability reports...513 companies that have published CSR/Sustainability reports are examined in the report...SICCA has categorized the report based on...12 contextual elements...Each of the 12 topics have been allocated a score point based on its relative importance...Each topic is further evaluated and categorized on the basis of the quality and specificity of information, measurement criteria, progress from previous years, targets for future achievement and verification of information accuracy, to name a few...[Full report can be purchased at this web address]

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