The Danish Government has decided to develop guidelines for voluntary reporting of corporate social responsibility as part of the newly passed law on annual corporate reporting. A Consortium of KPMG, Copenhagen Business School and Ox-ford Research has been assigned to develop these guidelines.
The guidelines will be developed in co-operation with and tested in a number of companies. Furthermore, an important perspective of the development work is to encompass a perception of the global state of the art in corporate social reporting five to ten years from now.
The goal is to develop guidelines for voluntary reporting of corporate social responsibility that follow international trends and have the highest international class. At the same time, the guidelines must be applicable to companies with different back grounds, i.e. size, culture, branch etc. The end goal is to create a model for an integrated triple bottom line report.
Companies that wish to participate in the development of the guidelines still have the opportunity to do so. The benefit for the company will be greater awareness of the company’s role in society, ideas for a clearer company profile in relation to the company’s stakeholders as well as actual reports on corporate social responsibility.