Page 147 - SBL Integrated Workbook STUDENT 2018

Reporting to stakeholders

Social and environmental reporting

Except in some highly regulated situations (such as water), the
production of a social and environmental report is voluntary. The
problem, and the subject of most debate is what should be the typical
contents of such a report and how do we measure it

7.1 Environmental reporting

The 'disclosure of information on environment related issues and
performance by an entity'.

It typically contains details of environmental performance in areas such as:

 measures of emissions (e.g. pollution, waste and greenhouse gases)

 consumption (e.g. of energy, water and non-renewable mineral deposits).

Note: Published in either the annual report and/or as a self-standing report.

7.2 Social reporting

A significant concept underlying corporate social responsibility is that
corporations should be concerned about society at large.

Social reporting is generally context specific, and typical contents will
vary with industry. For examples, the following issues should be
included in a company's considerations:

 human rights issues

 work place, occupational health and safety
 training and employee issues

 fair pay for employees and suppliers

 fair business practices

 minority and equity issues
 marketplace and consumer issues

 community involvement

 indigenous peoples

 social development
 charitable, political donations and sports sponsorship.

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