Corporate environmental and social reports are playing an increasingly vital role in building trust between companies and their stakeholders. ERM’s latest survey reveals that leading firms are beginning to question what they really want from verification. In the absence of >>> read more
ISIS Asset Management pioneers study of Environmental Credit Risk Factors in the Banking Sector
Source: ISIS, 4 October 2002European banks have much room for improvement with regard to their assessment of the environmental credit risk of projects for which potential clients are seeking funding, says a leading investment company. The study of 10 Western European banks by investment >>> read more
GRI update October 2002
Source: Global Reporting Initiative, 4 October 2002October update of The Global Reporting Initiative (GRI). NEW CEO, NEW TEAM, NEW HEADQUARTERS Ernst Ligteringen has been named as the new Chief Executive of the Global Reporting Initiative. His appointment was announced by GRI on 3 October, following approval >>> read more
Many Companies Consider "Triple Bottom Line" In Corporate Reporting
Source: PriceWaterhouseCoopers UK, 2 October 2002Multinational companies in Europe and the U.S. are expanding their corporate reporting to include information on "triple bottom line" — economic, social and environmental — performance in order to influence stakeholders and the global capital markets, according to PricewaterhouseCoopers’ latest >>> read more
Shareholders and analysts want compulsory sustainability reporting,
Source: ECC Group, 2 October 2002Three-quarters of all respondents to a survey of German-speaking readers of sustainability reports want the process to be compulsory for larger companies, a study has found. The demand for compul-sory reporting extends beyond environmental pressure groups to analysts and investors. >>> read more
New Norwegian Act on the Right to Environmental Information
Source: Ministry of The Environment Norway, 1 October 2002The Norwegian Government today submitted a proposal for a new Act on the Right to Environmental Information. It provides all citizens with a legal right to obtain environmental information, both from public authorities and from public and private enterprises. Environment >>> read more
First Corporate Responsibility Index Survey Issued to FTSE 350 Companies
Source: Business in the Comunity, 30 September 2002On Monday, September 23, over 500 companies including the FTSE 350 have been invited to participate in the new Corporate Responsibility Index. The Index will define what corporate responsibility means in practice, setting the management and reporting boundaries against which >>> read more
Forbes Magazine published its first CSR special
Source: Forbes Magazine, 26 September 2002Forbes Magazine this month published its first CSR special, which features contributions from CSR Europe and a number of leading companies. CSR Europes Senior Director Ann Vandenhende has also been named a member of Forbes Corporate Sustainability Advisory Board. CSR >>> read more
New CSR guide for the energy industry
Source: Euractiv.com, 26 September 2002FINERGY, a consortium of Finnish energy companies, has published industry-specific guidelines and tools for better Corporate Social Responsibility (CSR) management. Inspired by the European Commission’s Green Paper on CSR, the Finnish Energy Industries Federation (FINERGY) has recently published a business >>> read more
Corporate Responsibility Needs A Broader Definition, New NPA Report Says
Source: The National Policy Association, 20 September 2002President Bush has argued that there is "no capitalism without conscience." He and other policymakers have developed an array of public policies to promote corporate responsibility. But these officials define corporate responsibility too narrowly. In a new book released today >>> read more
study confirms link between CSR and better sales
Source: Hill and Knowlton, 19 September 2002A tough economic climate and a wave of boardroom scandals have turned the spotlight on company reputation and that of the CEO. The overriding current concern of CEOs is sales, according to a survey of over 800 Chief Executive Officers >>> read more
First survey of environmental and social reporting in Scotland
Source: Centre for Human Ecology, 5 September 2002The Centre for Human Ecologys Transparency Index is the first survey of environmental and social reporting in Scotland. It provides a snap shot of the performance of major companies in Scotland in an area that is increasingly important for competitiveness. >>> read more