globo.sustain brings a keen interest in the issues of reporting and communicating sustainability strategies and initiatives. It’s leadership has an extensive global communications, trade and investment publishing track record, leadership development expertise and is certified in Global Reporting Initiative’s GRI-G4 reporting guidelines and by the Barrett Values Centre values assessment methodology. The resulting perspective means messaging is tailored for precise audiences, delivered in-language, on-platform, in a timely, effective manner.
Corporate Social Responsibility (CSR) takes many forms of corporate self-regulation and reporting. Once elaborated, it is integrated into a business model, setting a company’s framework for maintaining alignment with ethical values, industry regulations, and international standards. CSR reporting aims to detail a company’s responsibility to its employees, communities, vendors, customers, and investors. Beyond greenwashing, the trend is to increasingly bring rigor to the process of measuring impact, innovation and implementation.
CSR reporting follows myriad formats. Standards are being developed and aggregated from different industries daily.
The ISO26000 sets guidelines — not requirements as such — to help businesses and organizations clarify what social responsibility means for their operation. It helps them identify and communicate principles into effective actions and shares best practices relating to social responsibility, globally.
It addresses the needs of all organizations worldwide, regardless of activity, size or location. Launched in 2010, the ISO26000 is the result of five years of negotiations between government, NGOs, industry, consumer groups and labor organizations worldwide.
Among those that are being refined and gaining the most traction helping create industry and sector standards for reporting are:
- AccountAbility’s AA1000 standard
- The Prince’s Accounting for Sustainability Project’s Connected Reporting Framework
- The Fair Labor Association which conducts audits based on its Workplace Code of Conduct
- The Fair Wear Foundation verifies labor conditions in companies’ supply chains, and uses interdisciplinary auditing teams
- Global Reporting Initiative’s Sustainability Reporting Guidelines globalreporting.org
- GoodCorporation’s Standard developed in association with the Institute of Business Ethics
- Earthcheck Certification / Standard earthcheck.org
- Social Accountability International’s SA8000 standard
- Standard Ethics Aei guidelines
- The ISO 14000 environmental management standard
- The United Nations Global Compact requires companies to communicate on their progress (or to produce a Communication on Progress, COP), and to describe the company’s implementation of the Compact’s ten universal principles.
- The United Nations Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) which provides technical guidance on eco-efficiency indicators, corporate responsibility reporting, and corporate governance disclosure.
- The FTSE Group publishes the FTSE4Good Index, an evaluation of CSR performance of companies