22 Dec 14

Why communication and verification are essential to CSR reports

We are all familiar with the adage ‘communication is key’, however when it comes to CSR reports this could not be more fitting because communication is a key element in making a company socially responsible. Communicating CSR provides evidence of a commitment to social and environmental issues, which, if transparent and correctly communicated, can encourage and embed sustainability within the wider internal and external environment.  While transparent communication can be seen to inspire others, magnifying the positive impact of CSR, there is risk associated with communicating information that is false or misrepresented for promotional purposes. Companies often focus the majority of their attention on external reporting as this is normally where the largest potential risks are identified, but it is vitally important to give internal communications the same attention in order to educate and further embed sustainable practises within the organisation. 

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18 Dec 14

The key drivers behind CSR reporting

CSR reporting has increased significantly in the last decade, with a substantial rise in the number of companies from Asia and Latin America publishing reports.  As a result The Americas has now become the leading CSR reporting region, overtaking Europe, with 76% the world’s top 100 companies producing a public CSR report, making it now considered standard global practise [KPMG 2013 sustainability survey]. The old debate of whether to report or not is waning and companies should instead be asking how they can implement relevant and effective CSR reporting processes. 

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16 Dec 14

Why engaging with your stakeholders is important for CSR reporting

Your organisation doesn’t exist in isolation. It relies on multiple interdependent relationships with customers, employees, suppliers, communities and investors; in other words your organisation’s stakeholders.

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15 Dec 14

The role of your supply chain in CSR reporting

Historically, organisations have not considered themselves responsible for the actions of business partners further down their supply chain. However, research suggests that in some sectors, such as manufacturing, the supply chain can account for up to 70% of both total expenditure and greenhouse gas emissions, accentuating the necessity to integrate supply chains into responsible business management processes [Accenture: why a sustainable supply chain is good business] and include them as part of CSR reporting.

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Non-Financial Reporting , supplychain , Frameworks

5 Dec 14

5 need to know facts about the EU directive on non-financial reporting

Back in April of this year, the EU adopted a new directive on disclosure of non-financial and diversity information by large companies and organisation.

This new directive will have direct implications for those affected by the change. But before you begin to worry about what this might involve and how quickly you need to act to, read these 6 facts to find out more about what you need to know on the new EU directive on the disclosure of non-financial information.

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