A study launched by the two famous audit firms concerning the involvement of business in sustainable development.
According to the study by experts from Mazars on 82 listed companies in Europe, the verdict is not subject to appeal: 95% of companies publish their annual reports on their sustainable development policy (83% in the KPMG study), and more 50% of them consider this information in a strategic way as well as financial information. This approach would have allowed DD 30% of companies to put forward the gains and another 23 percent, earnings picture resulted from an environmental approach is interesting.
The study shows that companies no longer view sustainable development as an opportunity for communication green without real effects, the overwhelming majority (71%) set of indicators for measuring internal their performance in this area. It does not give up on the information read by financial analysts of European stock markets.
The KPMG study shows it, that this comes in response to the need to take into account the environment in the development of strategies, including financial institutions, as well as the emergence of these criteria in the DD grids selection shareholders. Thus the contents of this communication sustainable development within the annual report puts forward the environment (38% indicators), and in particular the concerns of greenhouse gases, the pollution of water and waste. The other subjects targeted by KPMG indicators are HR (18%), ethics and governance (11%), health and safety (10%).
The question raised by KPMG is to create a grid or recognize that comparing these performance indicators or transparency. The standard ISO 14001, for example, is now used in most of the reports (95% of the energy sector groups have integrated). The same is true of the Global Reporting Initiative (GRI), which formalises an outline of actions by companies: 90% of the sample reports make reference to it. "To meet the needs of groups in the energy sector, IPIECA (International Petrloeum Industry Environmental Conservation Asssociation), which includes companies in the oil and gas working on developing a standard financial reporting extra. The data verification by a third party outside can help improve the comparability of groups, "says Philippe Arnaud, Associate Head of Environment and Sustainable Development of KPMG.
The performance of the companies in their annual reports are even certified by a third party for 60% of them. 52% of firms rely on these partners control to try approaches and the results in terms of sustainable development. The auditors, who are empowered to judge the financial performance, are even more capable of judging the environmental performance that the concept of sustainable development is associated with 20% of firms to the word "responsibility", 17% word "long-term" and 13% in "value creation".
According to the study by experts from Mazars on 82 listed companies in Europe, the verdict is not subject to appeal: 95% of companies publish their annual reports on their sustainable development policy (83% in the KPMG study), and more 50% of them consider this information in a strategic way as well as financial information. This approach would have allowed DD 30% of companies to put forward the gains and another 23 percent, earnings picture resulted from an environmental approach is interesting.
The study shows that companies no longer view sustainable development as an opportunity for communication green without real effects, the overwhelming majority (71%) set of indicators for measuring internal their performance in this area. It does not give up on the information read by financial analysts of European stock markets.
The KPMG study shows it, that this comes in response to the need to take into account the environment in the development of strategies, including financial institutions, as well as the emergence of these criteria in the DD grids selection shareholders. Thus the contents of this communication sustainable development within the annual report puts forward the environment (38% indicators), and in particular the concerns of greenhouse gases, the pollution of water and waste. The other subjects targeted by KPMG indicators are HR (18%), ethics and governance (11%), health and safety (10%).
The question raised by KPMG is to create a grid or recognize that comparing these performance indicators or transparency. The standard ISO 14001, for example, is now used in most of the reports (95% of the energy sector groups have integrated). The same is true of the Global Reporting Initiative (GRI), which formalises an outline of actions by companies: 90% of the sample reports make reference to it. "To meet the needs of groups in the energy sector, IPIECA (International Petrloeum Industry Environmental Conservation Asssociation), which includes companies in the oil and gas working on developing a standard financial reporting extra. The data verification by a third party outside can help improve the comparability of groups, "says Philippe Arnaud, Associate Head of Environment and Sustainable Development of KPMG.
The performance of the companies in their annual reports are even certified by a third party for 60% of them. 52% of firms rely on these partners control to try approaches and the results in terms of sustainable development. The auditors, who are empowered to judge the financial performance, are even more capable of judging the environmental performance that the concept of sustainable development is associated with 20% of firms to the word "responsibility", 17% word "long-term" and 13% in "value creation".
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