There is indeed a very close connection between good for society and good for business. A public disclosure communication in the form of CSR Reporting provides investors and stakeholders with a clear understanding of a company’s approach, goals, and performance most material to their business.
A number of government, legislative bodies and stock exchanges around the world have started demanding Corporate Social Responsibility Reporting or CSR reporting. They expect the report to be structured and contentful. It was important for the engineering conglomerate to communicate and disclose that this data is available to the government, investing/funding community and the general public. It was also a crucial step in encouraging the systematic adoption of CSR initiatives.
CSR Reporting & Disclosure Consulting – How we did ity
We helped them to develop a structured CSR Report tailored to their requirements based on the demography, industry sector, and company-specific issues. It includes:
- Developing a communications strategy
- Developing engaging reports
- Making the report relevant, easy to navigate, clear and concise
- Data visualisation through infographics, graphs & charts and pictures
- Professional and easy to understand quality language
What standards and guidelines were used?
How we helped our customer?
Corporate Social Responsibility Reporting or CSR reporting helped the engineering conglomerate to measure, understand and communicate their social and governance performance, and then set goals, and manage change more effectively.
This series of yearly CSR reports are considered as the key platform for communicating social and community performance and impacts.
It also enables them to be transparent about the social risks and opportunities they face. This increased transparency leads to better decision making, which helps build and maintain trust in businesses and governments.
As one of the Independent CSR Consultancy Companies in India, Consultivo offers CSR Strategy and Policy Development, Baseline and Need Assessment Survey, Stakeholder Engagement, Monitoring and Evaluation, CSR Impact Assessments, SROI and CSR Reporting.