Which is the better company, Hyundai Engineering and Construction or Apple?

This question would be pointless without a report openly stating the accounting rules for determining company financial performance and their calculations. We cannot compare apartments and smartphones. The two companies make such completely different products that there is no comparison in terms of price, usage, or materials.

But the story changes if you have such a report. Even two seemingly completely different companies can be assessed simply and ranked according to performance with just a handful of numbers, including net profits, sales, assets, and liabilities.



Reflecting a Company’s Social Performance

In this way, business reports on corporate financial performance have led to revolutionary changes in measuring and assessing results. Such is the power of standardization.

Recently, however, a new form of report has been in the spotlight: the “corporate sustainability report.” Instead of financial performance data such as sales and expenses, this report includes information about “social performance”: carbon emissions, percentage of temporary workers on staff, amount of donations, and so forth.

Behind the emergence of this kind of social performance reporting is the concept of corporate social re-sponsibility, or CSR.
  • 싸이월드 공감
  • 추천
  • 인쇄
서비스 선택
댓글
로그인해주세요.
profile image
powered by SocialXE
List of Articles
번호 제목 글쓴이 날짜 조회수
27 [HERI Report No. 23] A Social Economy for the ‘99 Percent’ file HERI 2012-06-04 547086
26 [HERI Report No. 22] Global economy at a turning point : Keywords for emerging new order “cooperation, reflection, responsibility” file HERI 2012-02-20 793657
25 [HERI Report No. 21] East Asia to Make Choices, Facing the Three-layer Crisis file HERI 2011-11-07 495267
24 [HERI Report No. 20] Reconstructing the National Finances: Shifting the Focus on ‘Balance’ to 'Health' file HERI 2011-11-03 420296
23 「East Asia 30」 Series – 2011 Announcement: Top 30 CSR Performers in Asian context file [106] HERI 2011-10-24 709049
22 [HERI Report No. 19] The Cooperative: A Kinder Alternative in the Age of Unlimited Competition file HERI 2011-10-10 605628
» [HERI Report No. 18] The Promise of Corporate Sustainability Reporting, The Reward of CSR file HERI 2011-10-10 574534
20 [HERI Report No. 17] CSR: The Password to Mitigating a Digital Risk Society file HERI 2011-10-10 651376
19 [HERI Report No. 16] Drawing up of the “East Asia 30” file HERI 2011-09-08 636851
18 [HERI Report No. 15] Eight Essential Questions file HERI 2011-09-08 441423
17 [HERI Report No. 14] Policy juggling file HERI 2011-09-08 556161
16 Statement on Japan Earthquake from Asia CSR Experts file HERI 2011-06-28 554736
15 [HERI Report No. 13] Corporate China Turning its eye. file HERI 2011-06-28 564184
14 [HERI Report No. 11] Independent 'Think Tanks' file HERI 2011-06-28 519021
13 [Report No. 1] Global CSR Conference file HERI 2011-06-28 662316
12 [HERI Report No. 10] 2009 Global CSR Evaluation Project file HERI 2011-06-28 483668
11 [HERI Report No. 9] The Eden Project file HERI 2011-06-28 512069
10 [HERI Report No. 8] Local Food’s ‘Transaction with Face’ HERI 2011-06-28 459224
9 [EIRIS Report No. one] More disclosures on ESG issues file HERI 2011-06-28 616297
8 [HERI Report No. 6] SVC: Social Value Cluster file HERI 2011-06-28 566094
Publications