Australia

Details

  • Service: Audit, Accounting Advisory Services, Climate Change & Accounting Assurance, Advisory, Risk Consulting, Climate Change & Sustainability Services
  • Industry: Automotive, Building materials, Chemicals, Media, Technology, Energy & Natural Resources, Forestry, Mining, Power & Utilities, Financial Services, Insurance, Pharmaceuticals, Real Estate & Construction, Telecommunications
  • Type: Survey report
  • Date: 20/11/2011

KPMG International Survey of Corporate Responsibility Reporting 2011 

Nearly every Global Fortune 250 company now reports on CR activity, demonstrating that CR reporting is now firmly on the business reporting agenda. As the global momentum in corporate responsibility grows, so too will demand for higher quality CR information and greater use of assurance to maintain standards and stakeholder confidence.

This survey provides a definitive snapshot of the evolving state of CR reporting and delivers unprecedented insight into national, global and industry reporting trends. 

 

Key insights

  • CR reporting, once considered 'optional but nice' is now virtually mandatory for multinational companies, with 95 percent of the largest 250 global companies reporting.
  • 57 percent of top 100 Australian companies now report on Corporate Responsibility (up 12 percent since the 2008 survey).
  • The bar on data integrity is rising. In Australia there has been a significant increase in companies seeking external assurance on their reports up from 42 percent in 2008 to 51 percent in 2011.
  • Most Australian companies (72 percent) are choosing to use the Global Reporting Initiative framework for their reporting.