Last modified: 2015-04-07
Analysis of CSR Reporting Practices of the Largest Companies Domiciled in the Czech Republic
In this paper we analyze external corporate social responsibility (CSR) reporting by companies falling among the 50 largest (by sales volume) corporations domiciled in the Czech Republic and belonging to the selected industrial sectors. The findings show that only 7 of these 50 companies published a standalone CSR report with indicators computed primarily for their operations within the Czech Republic. Because we already published analysis of these standalone reports, in this paper we extend our analysis to the annual reports. The amount of CSR-relevant information provided in annual reports varies greatly. We found reports that do not contain nearly any CSR-relevant information as well as reports, which provide really comprehensive information. Nevertheless vast majority of annual reports does not provide much numeric CSR-relevant information as can be seen from our analysis of numeric indicators. The situation in the area of disclosure of non-numeric (narrative) information about sustainability issues in annual reports is much better - companies report about their initiatives in the areas of environment, social responsibility, and human resources management practices and also about received certificates, awards and codes of conduct.
Corporate social responsibility reporting; corporate sustainability reporting; environmental accounting; environmental reporting; Global Reporting Initiative (GRI)
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