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Top UK companies reject Government plea to disclose environmental
and social performance
(posted 9/7/01)
The UK's top companies have rejected Government demands to disclose
environmental and social responsibility information, according to
a survey by corporate social responsibility consultants Environmental
Context and design consultancy SalterBaxter.
For over six
years the UK Government has been pushing companies to report. Last
year, prime minister Tony Blair called on all large UK-listed companies
to publish an environmental report by the end of this year. In a
speech to the CBI in October 2000 he said: "I am issuing a
challenge today, to all of the top 350 companies to be publishing
annual environment reports by the end of 2001."
A survey of
the top 200 FTSE companies shows:
97 do not disclose any information on their social and environmental
performance. Only 54 companies produce stand-alone reports covering
environmental and social issues. Only 16 companies said they would
produce a report for the first time this year.
"Only a handful of non-reporting companies say they will report
this year. This leaves the total well short of the prime minister's
target, " says Nigel Salter, director of SalterBaxter.
Both Tony Blair and Michael Meacher, environment minister, have
been encouraging companies to report, with thinly-veiled threats
of legislation if they don't comply. If this happens companies could
be forced to disclose information on issues such as polluting emissions
and ethical behaviour.
"It appears that companies resent attempts by Government to
browbeat them into reporting. They see this as simply scratching
the backs of the politicians and are calling the Government's bluff
on threatened legislation. These companies don't yet recognise the
many benefits, of taking the initiative and telling people what
they are doing for the environment and society," says Simon
Propper, director of Environmental Context.
Directions in Environmental and CSR Reporting 2000/01. Published
by SalterBaxter and Environmental Context.
Click here to request
a copy.
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