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Corporate Social Responsibility
News
4.12.2002 ET
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Corporate Responsibility Communication the Focus of Expanded CSRwire Services
New report service highlights companies' positive social and environmental performance
(CSRwire) Brattleboro, VT - CSRwire, the corporate social responsibility newswire
service, today introduced a non-financial report service to further aid
companies in communicating their environmental and social performance.
This new web-based service features more than 100 sustainability,
environmental, and corporate responsibility reports and is available at no
cost to the public. Not available anywhere else on the Internet, CSRwire
can add value to companies' reporting efforts by ensuring the information
is distributed as widely as possible. Users can access html or PDF
versions of the corporate reports and order hardcopy versions online at
www.CSRwire.com.
CSRwire operates the only newswire service devoted specifically to
corporate social responsibility issues. Its archive of press releases
includes information from hundreds of companies and nonprofit groups,
which are distributed globally through syndicated websites and email
alerts. CSRwire clients include: Nokia, Procter and Gamble, McDonald's,
SC Johnson & Sons, Agilent Technologies, and Chiquita Brands
International.
According to the 2001 Benchmark Survey of The State of Global
Environmental and Social Reporting conducted by CSR Network, 50 of the
world's largest 100 companies produce environmental and social reports, an
increase of nearly 15 percent from 1999. Environmental and social
reporting by companies is a trend likely to continue in the future, as
hundreds of large companies produce annual non-financial reports.
"Our annual report outlines our workplace, philanthropic and environmental
goals and accomplishments. This information is critical to communicate to
our stakeholders in order to help ensure our reputation as a good
corporate citizen. CSRwire is the ideal outlet to help us do that," said
Therese Van Ryne of SC Johnson, the first company to subscribe to the
CSRwire report service.
A BusinessWeek/Harris Poll Survey shows that the public demands corporate
transparency and accountability. Ninety-five percent of respondents
interviewed stated that, "US corporations should have more than one
purpose. They also owe something to their workers and the communities in
which they operate, and they should sometimes sacrifice some profit for
the sake of making things better for their workers and communities."
"Every sector of the marketplace is demanding greater transparency from
companies," said Meghan Connolly, Director of CSRwire. "By utilizing
this report service, companies can meet the information needs of their
stakeholders and enhance their reputation."
Other services offered by CSRwire include a comprehensive event calendar
detailing corporate responsibility related events throughout 2002 and an
extensive resource center with articles, links, and research.
CSRwire is a service of SRI World Group, Inc., a leading provider of
information on social investing and corporate responsibility. SRI World
Group also operates SocialFunds.com for individual investors and
InstitutionalShareowner.com for institutional investors.
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