CARROTS AND STICKS – PROMOTING ... - Global Reporting Initiative

30 Carrots and Sticks - Promoting Transparency and Sustainability
Country/Region Standards, Codes and Guidelines
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(Social Report) consists of a statement disclosed
every year by the corporation, providing information on
projects, benefits and social and environmental actions
addressed to employees, investors, market analysts,
shareholders and the community. The statement
provides quantitative information which is organised in
a table or chart, in a clear and objective way, making
it easier to make comparisons between different
companies. http://www.ibase.br
Ethos Indicators on Corporate Social
Responsibility, 2001 – 2009 issued by the Ethos
Institute. It is a non-profit organisation that acts
on corporate social responsibility mobilisation and
engagement, providing assistance for companies
to improve their business in a socially responsible
way. The Institute launched the Ethos Indicators as
an evaluation system of organisational practices on
social responsibility. They have an indirect impact
on reporting by providing awareness and need to
be used as part of a wider management process.
These indicators were developed in 2000 and have
been amended and reviewed yearly since then. They
are organised in a questionnaire form that includes
topics on values, transparency and governance,
workforce, environment, suppliers, customers,
consumers, community, government and society.
Ethos Indicators are meant to be an internal tool to
evaluate a company´s sustainability management and
corporate social responsibility practices, including
strategic planning and development monitoring. The
results are compared to the CSR Best Practices on
Confidential Benchmarking reports, developed by
the Ethos Institute. In addition, sector supplement
guidelines have been developed between 1999 and
2008. They provide the company with the possibility
of evaluating the typical opportunities and challenges
from their sector of business. The indicators are
provided for the following sectors: electricity utilities,
franchising, newspapers, financial, mining, pulp &
paper, construction, land transport, oil & gas, bakery,
bars and restaurants and retail. There are also
indicators for small companies which became available
in 2006. This is an adaptation from the original Ethos
Indicator system to be applied to small businesses.