Over the last decade, corporate responsibility reporting has become a global trend.
According to the most recent KPMG International survey on the issue, 95 percent of the 250 largest global companies reported on their corporate responsibility activities in 2010. Overall, the number of companies producing non-financial reports increased more than six-fold between 2000 and 2010, to about 5,000. Whereas this was initially due to stricter regulations imposed by the governments of various countries, or by stock exchanges, on disclosure, transparency on corporate responsibility is today regarded as "the done thing" and as an important factor in a company's market value.
In keeping with global trends, Russian companies are paying increasing attention to corporate responsibility reporting.
This survey presents an overview of trends in non-financial reporting by Russian companies, analyses the principle features of such reporting at Russian organisations in comparison to global trends, and identifies possibilities for improving and developing corporate responsibility in Russia. (Only Russian version is available.)
© 2017 KPMG Audit LLC, the Mongolian member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.