Ratings and Surveys

Leveraging G4 to Standardize Sustainability Reporting across Global Platforms

By Rati Bhattachary Sustainability Strategist and Consultant, Innovation and Transformation Group Tata Consultancy Services

G4: Initial Impressions

The fourth-generation (G4) Sustainability Reporting Guidelines developed by the Global Reporting Initiative (GRI) may well have complicated the reporting environment, instead of streamlining it. Launched in May 2013, and mandatory for reports published after 31 December 2015, the G4 tries to harmonize with other international reporting frameworks, instructing reporters to focus on material topics or aspects instead of outlining their organization’s broad sustainability footprint. With renewed interest and attention on corporate social responsibility, companies are pulling out all the stops to ensure that their sustainability initiatives occupy center stage. They are interested in measuring the effect of their sustainability programs, to identify new opportunities, while remaining informed on risks. Program disclosures are in the form of detailed reports, full of catchy phrases and engaging visuals to invite larger readership.

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Executive Director’s Report – April 2016

allie-w Allie Williams, IOM Executive Director, CRA CR Magazine and the Corporate Responsibility Association (CRA) share a common purpose in advancing corporate accountability and responsibility. Together with direct input from the CR community we’ve developed and manage a fully transparent, objective, fact-based methodology for evaluating corporate accountability and responsibility. Through our Ratings & Rankings Thought Leadership Council (composed of a cross-section of corporate responsibility experts, including active practitioners, academics, NGOs, investment firms, and other relevant communities), the CRA stewards the methodology to ensure its relevance, transparency, and efficacy. The Association plays a vital role as a convener, consensus builder, and promulgator of standards and practices.

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4 Different Brand Ranking Systems Show Common Ties to Perceived Sustainability Performance

By Jennifer Saunders and Bahar Gidwani, CSRHub Many aspects of a company’s performance affect its brand value. Marketing spend, distribution strength, and product quality all have proven effects. This study indicates that a company’s perceived sustainability performance may be another important factor. In 2013, CSRHub showed that its measures of perceived corporate sustainability performance had a 28% correlation with Brand Finance’s Brand Strength Indicator (BSI). CSRHub recently published an update that showed this correlation continues to persist for financial companies. This study extends our analysis to include three other independent brand ranking systems:
  • RepTrak Pulse Score.

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Congratulations to CRA Members on 100 Best Corporate Citizens List!

allie-wAllie Williams, IOM Executive Director, CRA This is a very exciting time of year for CR practitioners, some of whom are buried deep in report writing for their company’s Sustainability, CSR, Corporate Citizen or Annual Reports. The Corporate Responsibility Association engages with many companies struggling to find a balance with survey fatigue, launching of a new strategic CR initiative and submitting the proper documentation to the ratings & rankings research firms in hopes of their deserved recognition. For the past 16 years, this publication has been responsible for announcing the list of the 100 Best Corporate Citizens and this year, 31 of the companies we celebrate are Continue reading →

Let’s Put More Effort into Sustainability and Less into Surveys

Kim Bach Vu
Sustainability/Corporate Responsibility Associate
TE Connectivity (Tyco Electronics)

The growth in acceptance and popularity for corporate responsibility and sustainability has propelled many companies to look into their own operations and of their supply chains. This has created a need to measure and disclose their sustainability efforts both internally and externally. The external audience might vary by industry and position of the supply chain, some external stakeholders that companies engage with are investors, customers, non-governmental organizations, and suppliers to name a few. The increasing scrutiny of corporate responsibility efforts by investment efforts has left too many different types of surveys, from Dow Jones Sustainability Index to Vigeo. Furthermore, many companies that engage in their suppliers also have sustainability surveys.

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Why should we and our companies participate in the CR 100 Best Corporate Citizens assessment and the CRA?

Why should we and our companies participate in the CR 100 Best Corporate Citizens assessment, and the CRA?
By Pete Sherrard
Sustainability Manager, Duke Energy

Why should we and our companies participate in the CR 100 Best Corporate Citizens assessment, and the CRA? Cynics might say that participation is just a self-serving pursuit to get recognition. They’re wrong.

Sure, the recognition is nice for our companies, and frankly may be an initial attraction for many. But as companies and their professionals engage, some great things happen.

When we study the criteria used for the 100 Best assessment, we learn, or at least get confirmation of, the things that are important to stakeholders - including many of our companies’ shareholders.

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