Briefing takes a look at the latest reports, and what companies in different fields are focusing on when they present their approach to corporate social responsibility.
Reporting climate change
There is a lot more companies can do to improve the overall reporting of climate change according to research by the Association of Chartered Certified Accountants in partnership with FTSE4Good.
Climate Change: UK Corporate Reporting – An Analysis of Disclosure in UK Corporate Reports found that stakeholders are increasingly interested in how businesses are responding to the threats and opportunities of climate change. It considered how firms approach governance, policy and product impact issues with regard to climate change as well as how disclosures are communicated and assured. Stakeholders are also interested in the kind of targets companies are setting for the coming years.
BAE Systems, the UK defence company, has published its fourth Corporate Responsibility Report. The report highlights new sections on forward thinking, stakeholder engagement and greater transparency and also has a question and answer section on key issues facing the defence industry.
ITV, the UK commercial broadcaster, has issued its corporate responsibility report entitled Airing the Issues. The report will ‘air’ such issues as responsible broadcasting, minority representation and viewers expectations.
Fortis, the financial services provider, has published its 2006 Corporate Social Responsibility Report, which focuses on social inclusion, supply chains and climate change. It does so through Agenda 2009 – a roadmap for corporate responsibility activities from 2007 to 2009.
Rabobank Group, the Dutch financial services provider, published its annual Sustainability Report 2006 in May. The report is available only online and considers the group’s corporate social responsibility policy as well as its CSR targets for this coming year, and up until 2010.
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