World’s best CSR companies? Think again
29th Oct 2008 by Alex Briggs
This Salter-Baxter report on the world’s leading CSR reporting companies has led to increasing debate. With companies such as British-American Tobacco, Nestle and Shell at the top of the rankings, controversy is the order of the day.
Sir Jonathon Porritt, the chairman of the government’s Sustainable Development Commission, and founder of Forum for the Future, led the attack on the report,
When any company is systematically mispricing risks and systematically misallocating capital it makes no sense to talk about corporate responsibility. We’re going to have to face the fact some of the measures used to judge relative CSR performance are useless. They don’t help shareholders. They don’t help citizens. They don’t help the companies themselves.