The Report
History, analysis and recommendations
"This is the stage of shared value. Corporations are entering into an era where they are starting to rethink how they can better integrate their connection with society to create shared value."
Michael E. Porter, Professor, Harvard Business School discussing the Clinton Global Initiative
Findings
- Although many client companies are highlighted as case studies, the number of actual projects per year is not disclosed
- Most of the companies work with both small and medium enterprises (SMEs) and multinational enterprises (MNEs)
- Revenue and budgets are not reported annually
- International dimension is lacking
- No clear commitments to the Sustainable Development Goals (SDGs)
Recommendations
- More transparency and
disclosure is needed to expose revenue, operating budget
- Engage in strategic
partnerships with international organizations and show the commitment to
improving the state of the world by engaging leaders in partnerships to shape
global, regional and industry agendas
- Engage in research and
development through participating in the community, posting information
regularly on the company website
- More transparency and
disclosure is needed to expose revenue, operating budget
We developed parameters to categorize CSR consulting firms operating in North America, Europe and the Middle East using a matrix of 19 indicators. Quantitative measures include staff size, years of operations, revenue generated and number of projects undertaken in a year. Qualitative metrics include number of publications in the CSR space, collaboration with industry partners and whether they are thought leaders in the field through the development of industry standards or by organizing forums.