Transparency Generates Economic Value, Concludes New Research by Forética
The latest Forética’s publication RSEARCH – "The Value of Transparency" highlights the need for increased transparency in social, environmental and governance aspects.
Barcelona (I-Newswire) September 26, 2012 - Forética, the leading CSR organisation, launched the fifth edition of the RSEARCH, entitled "The Value of Transparency". RSEARCH is a digital publication about current trends and news in Corporate Social Responsibility (CSR). The latest edition contains a detailed article about the value of transparency in the risk management and business opportunities in companies, organisations and governments.
The study emphasises that transparency in organisations enables an open environment, builds confidence and also facilitates accountability to the organisation’s stakeholders.
The new issue of the publication highlights the need for increased transparency in social, environmental and governance aspects. It also points out that economies with better transparency and quality of institutions will grow by an average of 12% more than the average of advanced economies.
The report discusses transparency from within three main topics: transparency and the common good, examples of transparency and the link between transparency and sustainability.
At the level of government and public institutions, the study argues that there is a critical link between transparency and economic development, to the point that transparency levels affect the risk premium of a country.
As noted by the Study Director and speaker at the RSB Event, Jaime Silos, "in the world in the process of quick transformation that is supported by significant imbalances, different agents need more information on the challenges of long-term sustainability, such as climate change, access to water and the availability of natural resources or the disparity of wealth in the economy. This is relevant to any institution, whether it is a state agency or a political party, but it seems especially critical for the private sector."
In addition, this RSEARCH includes new content in its regular sections: "CSR Made in Americas" in the Trends section, the "Value Chain Indices" as outstanding CSR tool, and new news, current events and indicators. This publication is sponsored by MSD.
The publication is available for download at Forética website (also available in Spanish).
Digital publication RSEARCH started in 2009 with the purpose of bringing closer all kinds of public and periodically report what happened in CSR with a component of technical analysis and a number of ingredients that allow reading and interpretation of CSR trends.
In previous issues, the RSEARCH has showed keys of CSR policies of major governments in the European Union, explained in detail the functioning of SRI (Socially Responsible Investment), has analyzed the phenomenon of demographic change and the link between CSR and competitiveness. The four copies are available in Spanish and in English on the website of Forética.
Forética is an association of companies and CSR professionals whose mission is to promote a culture of ethical management and social responsibility of organizations by providing knowledge and tools to develop a successful model of a competitive and sustainable business.
Forética is a member of the Board of Directors of CSR Europe. It is also a partner of Eurosif, Organizational Stakeholder of the Global Reporting Initiative (GRI) and a member of the Red Fórum Empresa. It also owns the SGE 21 to implement and certify a socially responsible management system. http://www.foretica.org. Follow us on Twitter: @ FORETICA and @ SGE21.
About RSB Event
RSB Event is an Impact Five Group Production. It is business and value centred, focused on empowering the CSR Professional and their company with step-by-step insight on all aspects of successful CSR implementation; from Strategy to Employee and Stakeholder engagement, to Best Practice, Metrics and Reporting, to Communications and Future Trends.
Invaluable whether you need to formalise your policy or consolidate your initiative; be inspired by speakers and companies who are transforming and regenerating their business through CSR. For more information, visit: www.rsbevent.com.
About Impact Five Events
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Published On:September 26, 2012
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