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Corporate Responsibility Risk Not Sufficiently Tied to Remuneration: KPMG

 

About the Survey

This KPMG Survey of Corporate Responsibility Reporting 2013 is published primarily for business leaders, company boards and CR and sustainability professionals. It provides a snapshot of current global trends in CR reporting with benchmarks, guidance and insights to help companies worldwide determine their own approaches to CR reporting and to assess and improve the quality of their reports. This year the survey, which has been regularly published since 1993, covers a record 41 countries and 4100 companies across 15 industry sectors.

The growth in the number of countries and companies covered in this survey is just one indication of how CR reporting has evolved into a mainstream business practice over the last two decades.

The format of this survey has changed to reflect that evolution. This year the survey is divided into two parts:

Part 1: Global Trends in CR Reporting: A View Across 41 Countries

This section looks at the 100 largest companies by revenue in 41 countries to explore how many companies are producing CR reports and other issues such as the drivers for reporting, sectoral variances, and the use of standards and assurance for CR reports.

Part 2: The Quality of Reporting Among the World’s Largest Companies

This section looks specifically at the world’s largest 250 companies. It assesses the quality of their CR reports, identifies leaders and uses these examples to offer guidance and insights.

 

Click here to read/download the Full Report:

 

Source: KPMG.

 

Notes:

[1] Defined as the 250 largest companies by revenue according to Fortune 2012

[2] 10% of G250 companies that report on CR explain which employees are remunerated based on CR performance, the percentage of employee remuneration linked to CR performance, and the process for assessing performance. KPMG’s analysis identified a further 12% of G250 companies that report on CR and discuss employee remuneration related to CR performance, but do not give further details and offer only a partial explanation of the link.

About KPMG

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. The company operates in 156 countries and has 152,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such. For more information, visit www.kpmg.com.