Reporting
"Don't tell me, show me" has become the mantra of the Corporate Responsibility (CR) community. It was once enough to simply tell interested stakeholders how their money is made. Now they want to be shown. Public reporting has become fundamental to a company’s trustworthiness.
In 2006 the new Companies Act in the UK introduced new responsibilities for directors, in areas beyond the balance sheet such as how businesses handle environmental matters, employees, and social and community issues. Investors also value public disclosure – for example Morley Asset Management has threatened to use its £100 billion of stock holdings to vote against the Annual Report and Accounts of FTSE100 companies failing to publish an environmental report. This message reinforced the Turnbull Report’s emphasis on environmental and reputational risk.
The theme is also underlined by FTSE4Good and Dow Jones Sustainability Indices, the global indices which analyse companies according to environmental and social criteria. It was again amplified when the Association of British Insurers announced that it expects companies to disclose in their Annual Reports how environmental, social and ethical risks are incorporated into conventional financial risk management. Disclosure through reporting is now therefore increasingly standard practice.
What we do
Sancroft provides a one-stop-shop of researching, drafting, editing, and producing Corporate Responsibility, Sustainability or Environment reports, and the relevant sections of Annual Reports. We work closely with designers and printers to ensure that the company’s CR values are evident in every aspect of the report. In addition, we offer the following services;
- Analysis of public reporting frameworks on CR, including the Global Reporting Initiative and the Business in the Community guidelines;
- Linking CR strategies and reports to wider corporate goals, practices, brands and values;
- Report benchmarking of competitors and industry leaders;
- Creation and facilitation of stakeholder feedback and advisory groups;
- Development of communication strategies.
For further information on our work, please click on the following links: