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The Stakeholder View –
How reports are read
and used
.
Chair: Lena Geraghty, Network Manager, Focal Point Australia,
Global Reporting Initiative

Dr Leeora Black, Managing Director, Australian Centre for Corporate Social
Responsibility
Peter Colley, National Research Director, Construction, Forestry, Mining and
Energy Union
Amanda Dobbie, General Manager, Bloomberg Australia and New Zealand
Nicola Hayhoe, Executive Leader of Policy, Research and Communications,
Ability Options
Bastien Mignonneau, Consultant, Banarra
STAKEHOLDERS AS READERS OF
  SUSTAINABILITY REPORTS
   Report Launch at Australian GRI
             Conference

           27 March 2012
ABOUT THE RESEARCH
FIRST REPORTER BONUS

                                           First time      Experienced
                                           reporters       reporters
Read at least several sections             49%             79%
Get a good impression of the reporting     73%             64%
organisation from the report
Wanter simpler language in reports         10%             22%
Want a shorter report                      34%             40%
Have concerns about information in the     20%             32%
report


       Key takeout: Publishing your first report will earn greater
        reputational uplift, less criticism, and less scrutiny than
                           subsequent reports
CONCERNS IN REPORTS




 Key takeout: Reports lack balance and transparency. This may reduce the
 effectiveness of reports as a tool for stakeholders to evaluate sustainability
                                 performance
HOW REPORTS ARE USED
CONCLUSIONS


• A balanced report helps build trust with stakeholders and
  the effectiveness of the report
• Reports need greater focus on materiality, especially with
  trend to integrated reporting
• Stakeholder expectations are rising – reports need to
  convey new information to obtain reputational boost
• Stakeholders want shorter, more succinct reports with
  detailed performance data available if required.

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@GRIAusConf_The Stakeholder View: How reports are read and used - Leeora Black

  • 1. The Stakeholder View – How reports are read and used . Chair: Lena Geraghty, Network Manager, Focal Point Australia, Global Reporting Initiative Dr Leeora Black, Managing Director, Australian Centre for Corporate Social Responsibility Peter Colley, National Research Director, Construction, Forestry, Mining and Energy Union Amanda Dobbie, General Manager, Bloomberg Australia and New Zealand Nicola Hayhoe, Executive Leader of Policy, Research and Communications, Ability Options Bastien Mignonneau, Consultant, Banarra
  • 2. STAKEHOLDERS AS READERS OF SUSTAINABILITY REPORTS Report Launch at Australian GRI Conference 27 March 2012
  • 4. FIRST REPORTER BONUS First time Experienced reporters reporters Read at least several sections 49% 79% Get a good impression of the reporting 73% 64% organisation from the report Wanter simpler language in reports 10% 22% Want a shorter report 34% 40% Have concerns about information in the 20% 32% report Key takeout: Publishing your first report will earn greater reputational uplift, less criticism, and less scrutiny than subsequent reports
  • 5. CONCERNS IN REPORTS Key takeout: Reports lack balance and transparency. This may reduce the effectiveness of reports as a tool for stakeholders to evaluate sustainability performance
  • 7. CONCLUSIONS • A balanced report helps build trust with stakeholders and the effectiveness of the report • Reports need greater focus on materiality, especially with trend to integrated reporting • Stakeholder expectations are rising – reports need to convey new information to obtain reputational boost • Stakeholders want shorter, more succinct reports with detailed performance data available if required.