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Non-financial reporting: Wood for the trees - Are company reports on their social and environmental impact any use?

Author: Economist, Published on: 4 November 2004

The only tool standardising non-financial reports is the Global Reporting Initiative (GRI)...But firms can (and do) choose carefully which of its questions they answer...But if investors follow S&P in recognising “the importance of non-financial disclosure in the overall assessment of a company's risk profile”, that may not be good enough. [refers to top 10 non-financial reports: Co-operative Financial Services (part of Co-operative Group), Novo Nordisk, BP, British American Tobacco, BT Group, British Airports Authority (BAA), Rabobank, Rio Tinto, Shell, HP, Unilever] [also refers to ExxonMobil, Ernst & Young, Ford, Anglo American]

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Related companies: Anglo American BP British Airports Authority (now Heathrow Airport Holdings) British American Tobacco BT Co-operative Bank (part of Co-operative Group) Co-operative Financial Services (CFS) (part of Co-operative Group) Co-operative Group ExxonMobil EY (Ernst & Young) Ford HP (Hewlett-Packard) Novo Group Novo Nordisk (part of Novo Group) Rabobank Rio Tinto Shell Unilever