Good 360
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Corporate Engagement, Good Business

Corporates Missing Community Benefit Reporting


Friday, 9th July 2010 at 2:24 pm
Staff Reporter
Leading Australian companies are failing to measure the community benefits that flow from their corporate community engagement according to a new research paper.

Friday, 9th July 2010
at 2:24 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Corporates Missing Community Benefit Reporting
Friday, 9th July 2010 at 2:24 pm

Leading Australian companies are failing to measure the community benefits that flow from their corporate community engagement according to a new research paper.

The paper, by research academic at the Centre for Social Impact, Gianni Zappala and Denni Arli explores the strategies, structures, measurement and patterns of corporate community involvement (CCI) among a group of 52 leading companies in Australia and New Zealand.

The findings are based on data from the St James Ethics Centre Corporate Responsibility Index since 2003.

While the research reports finds that the majority of companies have developed strategies, management targets and structures and processes to address community issues, the emphasis remains on the measurement of inputs to the company i.e. the dollar cost and staff time involved, while fewer companies measure CCI outputs and outcomes in terms of leverage, community and business benefits.

As well while most companies publicly report on their Corporate Community Involvement the content remains on inputs rather than on the community benefit and few have an independent assurance process of their CCI programs.

On the positive side, the research says companies are taking a strategic approach to these partnerships with over three quarters of participants indicating that most of their partnerships have clearly set and agreed objectives, terms of involvement and measures to evaluate the success of the project.

Dr Zappala says almost two-thirds of companies measured their inputs in terms of cash, with just under half of companies measuring staff time and management costs, and fewer still measuring inputs in terms of in-kind gifts across most of their operations.

He says a sizeable proportion of companies, from one third to almost half did not measure any of their inputs into community investment at all.

The report can be downloaded here.

 



FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers


YOU MAY ALSO LIKE

Warning to CEOs – CSR May Get You Fired, Study Finds

Lina Caneva

Tuesday, 24th October 2017 at 10:07 am

LEGO Comes Top For CSR

Wendy Williams

Wednesday, 4th October 2017 at 8:57 am

Matched Giving with Charity Gift Vouchers is the Perfect Match

Naomi Barson

Thursday, 17th August 2017 at 11:07 am

POPULAR

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

Disability Advocacy Group Fights to Restore State Funding

Luke Michael

Thursday, 9th November 2017 at 8:37 am

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Good 360
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!