The 3 M’s in CSR reporting
11th July 20081 Comment
The 3 Keys To CSR Reporting Are Materiality, Materiality And Materiality, by Alex Hausman, CSR Reporting Manager, The Timberland Company.
In the past, the importance of CSR reporting was that it existed at all. Stakeholders just wanted to know if a company was willing to talk about their impacts on the community or the environment. Once companies opened up a communication channel in the form of a report, then the focus became the Global Reporting Initiative (GRI). This framework was necessary for the comparability, consistency and credibility of the report.
The GRI has legitimized sustainability reporting and brought it to the masses. Today, over 50% of the world’s biggest 250 companies report and over 2,500 worldwide. This new level of transparency and information has opened up new and unthinkable conversations between companies and its stakeholders. It has helped support, and is necessitated by, the sea change of responsible business initiatives seen around the world.
12th July 2008 at 3:25 pm
Very well, but at least in Spain, the country whith more A* autoscoring, we see that most companies are more interesrted in, communicating their score that really getting engaged with stakeholders, lost of cosmetics, little substante.