Valuing Corporate Responsibility: How Do Investors Really Use Corporate Responsibility Information?

ISBN-13: 9781906093600 / Angielski / Twarda / 2011 / 202 str.

Sullivan, Rory

Opis

Investors have taken a long time to pay attention to corporate responsibility. Despite the growing number of companies that were taking action to manage the social and environmental impacts of their activities and operations and that were reporting on their corporate responsibility performance, mainstream investors' interest in governance issues was, on the whole, piqued only in those situations where a major accident or scandal hit the headlines.

Spis treści

Preface 1. Introduction2. Investors and their interests2.1 Responsible investment: an overview2.2 Investors’ expectations of corporate responsibility reporting 3. Case studies on investment research and engagement3.1 About Insight Investment3.2 Case study: linking policy and performance in the oil and gas sector3.3 Case study: climate change disclosures in the European electricity sector3.4 Case study: taking the temperature on greenhouse gas emissions management and reporting 4. Analysing and interpreting corporate responsibility reports4.1 Does the company publish a corporate responsibility report?4.2 What is the scope of the report?4.3 How are corporate responsibility risks and opportunities identified and assessed?4.4 What governance and management systems are in place?4.5 Are corporate responsibility policies important?4.6 Issues in performance evaluation 5. Key issues in corporate responsibility reporting5.1 Uncertainty in performance data5.2 Reporting boundaries5.3 Assurance 6. Investment practice and its implications for corporate responsibility6.1 Materiality6.2 Social issues6.3 Investors are not the only stakeholder 7. Wider recommendations and proposals7.1 Recommendations to companies7.2 Recommendations to investors7.3 Public policy design and implementation 8. Conclusions8.1 The value of corporate responsibility reporting8.2 The evolution of corporate responsibility reporting8.3 Responsible investment and sustainable development References