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3 December 2008
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CSR stakeholder forum focuses on transparency of practices and tools 

Published: Thursday 25 September 2003   

The EU Multi Stakeholder Forum on CSR discussed reporting and socially responsible investment during its meeting of 22-23 September 2003.

Background:


The CSR Stakeholder Forum held its second round table meeting dealing with the diversity, convergence and transparency of CSR practices and tools on 22-23 September 2003. This round table meeting focussed primarily on CSR reporting and socially responsible investment (SRI). This "transparency" round table is scheduled to meet one last time before submitting its input to the final recommendations due to be released by the Forum in summer 2004.

 

Other related news:


This two-day conference firstly tackled the issue ofsustainability reporting, under the following themes, based on a number ofpresentationsexternal :

  • The impact of reporting, based on a presentation by AccountAbility and CSR Europe;
  • Benchmarking corporate sustainability reporting, presented by SustainAbility;
  • The Global Reporting Initiative, whose main mission is "to make sustainability reporting as routine and valuable as financial reporting", presented by GRI's Strategic Development Director. BT also talked about its own experience with the GRI;
  • The 2001 social and environmental law in France, presented by ORSE;
  • Company and stakeholder experience on reporting (case study of Lafarge);
  • A sectorial approach to reporting: the tour operators' supplement to the GRI.

The second part of the round table meeting dealt withsocially responsible investment (SRI). In this context, the following topics were discussed:

  • The market of SRI and sustainability indices in Europe, as presented by Eurosif, Avanzi SRI Research and CSR Europe;
  • Eurosif's transparency guidelines for the retail SRI fund sector;
  • The drivers, obstacles and success factors in SRI (Ethibel, FTSE4Good and Siemens).

 

Next steps:

  • The next CSR Multi Stakeholder Forum round table meeting will take place on 29-30 September, dealing with development issues.
  • The third and final "transparency" round table is likely to take place in February 2004.
  • The Forum is to present a report with its recommendations by summer 2004.

 

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