Thursday, June 09, 2005

Companies that go "Beyond Reporting" create business value, new report says


Companies can turn regulatory compliance and heightened corporate governance efforts into opportunities that create value for their businesses, according to a new report from the World Business Council for Sustainable Development (WBCSD).

Companies now invest heavily in time and money to comply with increased levels of regulation and expectations of improved corporate governance. Yet the push to make companies more “accountable,” either through legislation or voluntary compliance with guidelines, has been slow to inspire confidence among investors and other stakeholders. Critics continue to find fault with big business for not being accountable enough or insufficiently transparent.

See full Report.