• Register
Return to: Home > News > Standards > Europe takes the lead in corporate responsibility reporting

Europe takes the lead in corporate responsibility reporting

Six European countries are among the top10 nations reporting on their corporate responsibility (CR), according to KPMG’s survey.

The International Survey of Corporate Responsibility Reporting 2011, surveying 100 largest companies in 34 countries, found that CR reporting is now undertaken by 64% of all those companies.

KPMG also found that 94% of the Global Fortune 250 (G250) companies report on their CR activity.

The UK was at the top of the list as all of the largest 100 companies are reporting on their CR activities, against 99% in Japan, 97% in South Africa, 94% in France and 91% in Denmark.

The rest of the top 10 include Brazil, Spain, Finland and the US, with 80% to 88% of companies reporting on their CR activities.

According to the survey 60% of Chinese companies have reported their CR activities in 2011.

At the bottom of the list was Israel where only 18% of companies reported on CR, 20% in India and the 38% in Taiwan.

The survey also found that publicly owned and state-owned companies did better that other types of companies, with 69% and 57% respectively reporting on CR.

KPMG found 67% of companies said reputation and their branding was the main motivation for reporting on their CR activities, for 58% ethics, for 44% employee motivation, innovation and learning, for 35% it was risk management.

KPMG said it is apparent that CR reporting is gathering momentum year on year as companies are benefiting financially from such practice as well.

Top Content

    Blockchain and the Big Four: does it deserve all the hype?

    Although still in its infancy, blockchain is one of the most talked-about technologies of 2018. Will the blockchain bubble burst, or will it live up to its reputation as the ‘new internet’? Eleanor Jerome investigates

    read more

    Malaysia: Ready to show its strength

    Recent changes have enhanced the quality of audit reports in Malaysia, giving the profession a welcome opportunity to demonstrate its value to clients. Paul Golden reports

    read more

    China: Regulating the Chinese dragon

    Harsh regulatory actions and looming US trade wars have been dampening expectations in a Chinese market still full of potential, finds Jonathan Minter

    read more

    Indigenous Australians: New checks and balances

    With fewer than 40 known qualified Indigenous Australian accountants, Jonathan Minter speaks to Shelley Cable from PwC Australia about how increasing this number is an important part of improving the financial literacy of Indigenous communities

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.