Coinciding with the revival of the Rio 2012 talks, corporate entities in the Philippines have upped the ante when it comes to reporting their non-financial performance, better known as sustainability report. A week ago, the 2012 CSR expo in Manila delivered yet another remarkable turnout which saw more and more companies demonstrating marked improvements in implementing corporate responsibility programs. In my next blog article, I will write about the thought leaders — companies that have paved the way in corporate reporting — and how their recently released sustainability reports are growing in breadth and scope. From well-thought titles to assurance statements, Philippine business are stirring amid stakeholder clamor for sincere and consistent reporting.
Here are links to some of the sustainability reports worthy of your scrutiny. While some have shown maturity (getting it right) others have given it a shoddy attempt. Nonetheless, a worthy batting average for a sector that has been known to be conservative in stakeholder engagement. Give them a try and tell me what you think. I will discuss(and critic) their content and context in the next article.
Now, about Aboitiz’ 2011 Sustainability Report, there seems to have been similarities with an earler report published by its competitor. Interestingly, both reports work on the similar themes and design execution. Take a look below. Aboitiz Power released their 2011 Sustainability Report looking similar to the Integrated Report released by Energy Development Corporation in 2009 for its 2008 performance. Maybe the corporate communications unit of Aboitiz or its design agency failed to research on the matter? Whatever the reasons are, the published works look almost the same. Exciting times for Philippine company sustainability reporting.AQA
For the mean time, here is a “Practical advice to accelerate your company’s sustainability journey” by Richard Hardyment and Andrew Wilson of Corporate Citizenship. The first step is to assess what stage the leadership of your company is at regarding sustainability.