Since we published our first report in 1993, the KPMG International Corporate Responsibility Reporting Surveys have provided the definitive snapshot of the evolving state of CR reporting and continues to deliver unprecedented insight into national, global and industry reporting trends.
The number of companies now reporting on CR has continued to rise since KPMG's last CR study in 2008. Indeed, where CR reporting was once merely considered an 'optional but nice' activity, it now appears to have become virtually mandatory for most multinational companies, almost regardless of where they operate around the world.
The following represents key findings from the study:
It seems clear, therefore, that companies not yet reporting on their CR activities are under significant pressure to start. This will be increasingly critical; not only to stay competitive in a societal context, but also to gain a better understanding of how CR activities affect and benefit the business in areas such as cost savings and new business opportunities and strengthen the core strategy.