Sunday, 23 December 2012

Europe - Electricity companies less transparent than claimed - Multiple discrepancies found in sustainability reports - Press release - Centre for Research on Multinational Corporations (SOMO)

http://www.epsu.org/a/9190 Press release - Centre for Research on Multinational Corporations (SOMO) Amsterdam, December 20th, 2012 - There are systematic, widespread and significant discrepancies between what electricity companies claim they are reporting on and the information they actually provide in their sustainability reports. These discrepancies diminish the accuracy and credibility of the Global Reporting Initiative (GRI) and lead to whitewashing of business conduct. In a report published today, the Centre for Research on Multinational Corporations (SOMO) and the European Federation of Public Service Unions (EPSU) present the findings of in-depth research into the sustainability reporting of 20 major European electricity companies. Most of the companies follow the GRI Sustainability Reporting Guidelines, which encourage companies to voluntarily disclose a large degree of information about the social and environmental impacts of their operations.

Full details on the report by Centre for Research on Multinational Corporations can be located at  http://somo.nl/publications-en/Publication_3918

Full news item and links at http://www.epsu.org/a/9190
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