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Survey of reporting on CSR
Survey of reporting on CSR by the 10 largest listed companies (by market capitalization) in 11 Central and Eastern European countries published
The annual reports and websites of the companies were analysed to assess the current disclosure practices of this "blue-chip" peer group and identify best practice.
The Partners for Financial Stability (PFS) Program have carried out this survey. Companies in Czech Republic, Estonia, Latvia, Lithuania, Slovakia and Slovenia were surveyed for the tenth time; companies in Hungary and Poland were surveyed for the ninth time; and companies in Bulgaria, Croatia and Romania were surveyed for the eighth time. Moreover, a fourth analysis of peer companies (the ten largest listed companies by market capitalization) in Brazil, Russia, India and China (BRIC) as well as Ukraine allows for ongoing benchmarking with these emerging market peers. This tenth semi-annual survey was co-financed by DWS Investments (Deutsche Bank Group).
Survey findings include the following:
- 24 % of the 110 CEE companies surveyed disclose information on energy and water use on their website
- 29 of the 110 CEE companies surveyed (26%) publish a stand-alone English-language ESG report as of April 15, 2008. Of these, 27 (93%) use recognized standards and eight (28%) include a third-party assurance statement
- 17 of the 40 BRIC companies surveyed (42.5%) publish a stand-alone English-language ESG report. Of these, 14 (82%) use recognized standards and ten (59%) provide a third-party assurance. No Ukrainian company produces such a report as of the record date of April 15, 2008
Note: The survey consists of the three following documents:
- a report of the survey findings presenting data aggregated by country
- a database of individual data by company for the ten largest listed companies in each of the 11 CEE countries
- a separate database of individual data by company for the ten largest listed companies in BRIC and Ukraine