November 24, 2005 | Read Time: 1 minute
Corporate Citizenship Reporting: Best Practices, by Amy Kao, profiles five companies that have been successful at communicating to stockholders and the public their commitment to causes not directly related to the bottom line. Produced by the Conference Board, a membership organization of approximately 2,000 companies, the report discusses the steps that BP, Hewlett-Packard, Novo Nordisk, Procter & Gamble, and United Parcel Service have taken to measure and report on their corporate citizenship. It attributes each company’s success at integrating corporate citizenship into their business models to four main factors: emphasis on citizenship values, reliance on internal audits and other ways to evaluate their efforts, the incorporation of widely recognized human-rights, environmental, and other standards in their reporting, and the use of nonprofit groups, independent auditors, and other watchdog organizations to monitor their work.
Publisher: Conference Board, 845 Third Avenue, New York, N.Y. 10022; (212) 339-0345; fax (212) 836-9740; 29 pages; $295 for nonmembers; $75 for members.
