First World Report on CSR Main Conclusions
- CSR is not improving over time surprisingly
- CSR is still viewed as essentially philanthropy
- Only 27% of companies produced a social report
- Cos that had a code of ethics did better than those without and yet produced a social report
- Only 35% of cos had a suppliers code of conduct
- Only 41% of cos applied an environmental code
- 71% of the cos supported their community in some way
- 72% of cos felt that their products were socially responsible
- It cannot be assumed that all cos in highly corrupt countries are low on CSR
- Small cos (10 to 50 members) have a worse record on CSR than other size cos. Training of ethics more in larger cos.
- Cos. With specific ethics programme had a much higher CSR score than those without
- Highest CSR score in telecom cos.
- Lowest CSR score in service cos.
- Few cos have a manager responsible for CSR initiatives
- 60% of cos in the energy sector do not have a CSR manager
- 90% of companies stated that they were active in ensuring social responsibility in the use of their products.
- 55% of cos had a human rights policy
- Cos that paid better wages had a better score on CSR initiatives.