Elevating the performance of your business
It is a representative report issued by a corporation as a communication means to inform stakeholders (customers, regional society, shareholders, financial institutions, NGOs, government offices etc.) of the organization economic and social results, and is commonly constructed according to the GRI guidelines and distributed in booklets and files attached with the verification report of a 3rd party verification organization.
The necessity to publish Sustainability Reports
There were events made a chance to take a serious view of social responsibility from off financial assessment in business of the past. There were such things as Import rejection of SONY Play station’s cadmium detection in 2001, the no-buy campaign by NIKE’s child labor in South-East Asia, bankruptcy by Enron's fraudulent accounts etc.
By demanding of sustainability management to enterprise follow the global environmental changes in business, a number of enterprises publishing Sustainability Report have been increased to 900 companies in 50 countries March, 2006. In 2005, according to the account foundation KPMG’s survey of 500 enterprises in Global Fortune, The number of companies publishing Sustainability Reports increased from 14% in 2002 to 68% in 2005.
It means the enterprises publishing sustainability reports recognized as an enterprise performing their ethical, environmental responsibility, not only it has growth potential for continuous profit. In this country, fourteen of companies in automotive fields, steel fields, electronics, financial industries published Sustainability Reports in 2005, and it’s expected more than double in 2006.
KMR and assurance serivce of Sustainability Report
It is an activity that offers a data evaluated item integrity, information reliability and communication definitude etc about of Sustainability Report framed itself for the 3rd assurance institute make interested party, fund and evaluation party depend on the report.
Assurance institute must have abilities to evaluate objectively through the sufficient infra, professionalism and international reliability. KMR is the largest ISO certification institution in Korea, and a KMA Group renowned internationally for operation of education, certification and award program for 43 years.