The 2013 report marks 20 years since KPMG's first survey on CR reporting was published, which covered just 10 countries. The growth in the number of countries and companies covered in this survey is just one indication of how CR reporting has evolved into a mainstream business practice over the last two decades.
KPMG's survey is published primarily for business leaders, company boards and CR and sustainability professionals.
The first part of the survey looks at the 100 largest companies by revenue in 41 countries, exploring how many companies are producing CR reports and other issues, such as the drivers for reporting, sector variances, and the use of standards and assurance for CR reports.
The second part of the survey looks specifically at the world's largest 250 companies. It assesses the quality of their CR reports, identifies leaders and uses these examples to offer guidance and insights.
Vitaly Chaikin, Partner, Head of Risk Consulting and Management Consulting, KPMG in Kazakhstan and Central Asia, commented: “In 2013 Kazakhstan was included for the first time in the list of countries participating in the global KPMG survey of Corporate Responsibility Reporting. More and more Kazakhstan companies are paying attention to this issue in their business activities and include corresponding information in their annual reporting. Thank to this work, we managed to become one of 41 countries globally that are leading the way in submitting information on corporate responsibility in their non-financial reporting and on corporate websites. The survey shows that almost 40% of the top 100 companies in Kazakhstan (selected according to the rating of the Expert RA Kazakhstan agency) publish information on corporate responsibility issues in some form or other. Despite this fact, we believe that this indicator will increase perceptibly by the time of KPMG’s new survey in 2015. We are already observing today an increase in the number of Kazakhstan companies publishing information on corporate responsibility, in particular from the number of companies present on the Kazakhstan Stock Exchange (KASE). This is due to the introduction of new requirements on annual reports according to KASE listing rules, stipulating that companies must prepare annual reports that include a section with information on corporate social responsibility.
KPMG is a global network of professional firms providing Audit, Tax and Advisory services, operating in 155 countries with over 155,000 people working in member firms around the world.
KPMG has been working in Kazakhstan and Central Asia for more than seventeen years, and was rated as one of the leading audit and advisory firms in 2010, 2011 and 2012 by Expert Kazakhstan RA. Our essential principle has always been to use the firm’s global intellectual capital, combined with the practical experience of our local professionals. KPMG provides audit services as well as a wide range of advisory services covering tax and legal matters, performance improvement, risk management, transaction support, financing, and restructuring.
In Kazakhstan and Central Asia, KPMG now has offices in Almaty, Astana, Atyrau, and Bishkek employing together approximately 450 people.
For more information please contact:
Karlygash Kaltayeva, Head of Markets, KPMG in Kazakhstan and Central Asia
Tel.: +7 (727) 298 08 98 (ext 61136)