Abstract
Overview
Introduction
Transparent reporting on a range of economic, social and environmental issues
has become a crucial part of utilities' annual CSR reporting activities to
investors, consumers, interest groups and the general public. The traditional
reporting focus on governance, and health and safety has expanded in
particular to cover issues of stakeholder engagement and climate change
protection.
Scope
- A review of how corporate social responsibility (CSR) has evolved in
recent years.
- Examination of climate change survey data and the new industry of CSR
accreditation.
- An analysis of what issues leading utilities are focusing on in their
corporate social responsibility reporting.
- Coverage of the trends in utility CSR reporting over the last several
years.
Report Highlights
Over 80% of EU citizens believe national energy production and consumption
patterns hasten climate change. Utilities are the most visible energy
participants, with direct consumer contact. They are likely to be held
disproportionately responsible for what is perceived to be an energy-related
problem.
Out of a ranking of 64 of the world' s largest companies (based on an extension
of the Fortune Global 50), utilities rank highly in comparison with peers
other industries.
Centrica is unique in massively expanding the resources and CSR coverage it
devotes to charitable activities. Other utilities, in particular EDF, tend to
focus on more structural solutions to social issues, for example through
company-organized programmes of international development assistance.
Reasons to Purchase
- Understand what CSR is and what specific issues are now considered to be
an integral part of CSR reporting.
- Identify the issues that European utilities tend to focus on in their CSR
reports, and how this has changed in recent years.
- Understand the role os CSR standards accreditation.
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