Belgium

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  • Type: Business and industry issue
  • Date: 07/11/2011

KPMG International Corporate Responsibility Reporting Survey 2011 

KPMG is pleased to introduce its seventh International Survey of Corporate Responsibility Reporting. In the most comprehensive survey of Corporate Responsibility (CR) reporting ever published, we found nearly every Global Fortune 250 company now reports on CR activity, while the top 100 companies in 34 countries have increased reporting by 11 percent to 64 percent since 2008.
This means that CR reporting is now firmly on the business reporting agenda for our clients around the world, hovering at close to 100 percent in the UK, Japan and South Africa, with the US at 83 percent. However a key finding in the report was that restatements and errors are high. 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.
Corporate responsibility reporting has become the de facto law for business while the publication also outlines that it enhances financial value, which leads to integrated reporting albeit still in an experimental stage and that leading companies are making the most of assurance.
 

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