sport club corinthians paulista
sport club corinthians paulista
sport club corinthians paulista
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“ALL TEAMS hAVE ThEiR CROwDS.<br />
CORiNThiANS iS A CROwD ThAT hAS A TEAM.”<br />
JOSé ROBERTO DE AqUiNO journalist<br />
kick-off<br />
Sport <strong>club</strong> coriNthiaNS pauliSta, for the<br />
fourth consecutive year, publishes its sustainability report,<br />
an essential initiative for transparency and accountability<br />
of the current management. Corinthians was the first Club<br />
in the world to publish this kind of report, based on the<br />
guidelines of the Global Reporting Initiative (GRI), a multistakeholder<br />
organization that provides global standards for<br />
reporting information that is not exclusively financial.<br />
Although this report was originally intended for<br />
investors, financial institutions, business partners,<br />
trade associations, and other <strong>club</strong>s, we have<br />
noticed a growing interest of other audiences in the<br />
publication, which can be explained by the passion<br />
for football and everything that refers to Corinthians.<br />
PERiOD This report covers the period between<br />
January 1st to December 31st, 2011. Published on<br />
an annual basis, three reports have already been<br />
released for 2008, 2009, and 2010.<br />
SCOPE The information reported covers<br />
all Club activities, especially in the Football<br />
Department, which includes the Training Centers<br />
(CCT) of Parque Ecológico and Itaquera, districts<br />
in the East side of São Paulo.<br />
BOUNDARiES This report does not contain, in<br />
relation to the previous report, any boundaries,<br />
changes or restatements that might affect its<br />
understanding or comparability of the information.<br />
Gri indicators: 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11<br />
MATERiALiTY The process to define<br />
the content of the report and the prioritization<br />
of the topics covered was conducted by<br />
Corinthians’s Presidency and Finance Department.<br />
This process was supported by the other<br />
departments and by a consulting company<br />
specializing in communication and sustainability.<br />
EXTERNAL ASSURANCE This report<br />
was verified by PricewaterhouseCoopers,<br />
an independent third party, and the<br />
economic-financial statements were<br />
audited by Grant Thornton.<br />
CONTACT For additional information<br />
on this report, please contact Raul Corrêa<br />
da Silva, Chief Financial Officer for Corinthians, by<br />
e-mail at rcorrea@sc<strong>corinthians</strong>.com.br.<br />
APPLiCATiON LEVEL In early 2011, GRI<br />
announced some changes to its Application<br />
Level system, with the publication of the related<br />
icons (A, B and C) no longer being authorized.<br />
Therefore, this and the 2010 edition of the report<br />
do not contain the C-level application icon,<br />
published in the 2008 and 2009 editions.<br />
The 2011 Corinthians Sustainability Report<br />
meets the requirements for GRI Application<br />
Level C, according to the parameters presented<br />
in the Table of Contents (see page 74).<br />
sustainability<br />
report 2011 5