Creation of a CSR vision

Many companies do not know where to start when faced with the challenges of sustainable business development.

As a first step, we suggest setting priorities, identifying key challenges and drawing up an action plan. This requires formulation of a corporate CSR vision based on sector-specific global best practice and the distinct needs of businesses.

The concept specifies the company’s mission and goals in respect of CSR, identifies stakeholders, depicts key programmes, outlines in-house collaboration formats, streamlines the reporting procedure and incorporates CSR efforts into the overall business process. As a result, our clients obtain an effective sustainable development strategy.

Interaction with stakeholders

Stakeholders are a key element of a company’s CSR, with their interests forming the major focus. It is therefore important to ensure clear and detailed understanding of stakeholders’ positions and effective two-way communication.

To that end, we offer the following tools:

• ongoing dialogue with stakeholders (activities aimed at direct communication and identification of stakeholders’ viewpoint concerning specific matters)
• stakeholder mapping (a detailed description of the company’s stakeholders)
• targeted work with groups of stakeholders, e.g. local communities, within dedicated programmes
• identification of material aspects to be disclosed in reports (aspects of the company’s operations which are of priority to stakeholders)

Reporting and information disclosure

Currently, companies are required rather than recommended to disclose non-financial information. In fact, sustainability reports have come to be considered as important as financial disclosures by governments, stock exchanges, business associations, etc. Pursuant to the resolution of the European Parliament, from 2017 onwards the disclosure of information in this area will be mandatory for all European companies with a headcount exceeding 500 employees.

Preparation of a report includes the following:

• conducting a preliminary analysis of sector-specific best practices and providing an analytical report with recommendations
• developing a detailed structure of the report
• identifying material aspects to be disclosed in the report
• drawing up a draft report and editing content and style
• completing the GRI G4 Content Index
• engaging in a dialogue with stakeholders
• obtaining independent expert opinions
• preparing presentations for stakeholders
• organizing certification of the report by GRI
• consulting on further steps