Appendix 3 – Reporting Standards and Principles

An overview of some of the more common reporting standards and principles.

INNOVEST, Caux Round Table, Social Accountability (SA) 8000, ISO14000, ISO14063, Account Ability (AA) 1000, Global Reporting Initiative(GRI), Global Compact, Global Sullivan Principles, OECD Guidelines, Ethical Accounting Statement (EAS), WBCSD.

Caux: Provides seven general principles and is considered the widest reaching in CSR.

GRI supports more on supporting economic, social and political value quality standards and principles than ethics compared to Caux, but includes Global Compact, AA1000, ISO14000, OECD guidelines for MNE’s.

Furthermore the Brundtland Commission (formerly: World Comission on Environment and Development) has worked with CSR on an global scale for more than 20 years and defines sustainability as “the ability to meet today’s global economic, environmental and social needs without compromising the opportunity for future generations to meet theirs.”

To increase the value in stakeholder relationships the SPIRIT methodology provides information about the drivers of stakeholderis own experience and outside influencers and links them to the stakeholders emotional and behavioural outcomes. The methodology supports the measurement and controls aspect in CSR governance, and provides the basis for applying the RIT tool (McMillan et al, 2004 p27-28) to improve relationships.