Corporate Social Indices: Refining the Global Reporting Initiative

Claus Strue Frederiksen; David Budtz Pedersen; Morten Ebbe Juul Nielsen; Samuel O. Idowu

doi:10.1007/978-3-030-62501-6

Corporate Social Indices: Refining the Global Reporting Initiative

Claus Strue Frederiksen, David Budtz Pedersen, Morten Ebbe Juul Nielsen, Samuel O. Idowu

Department of Communication and Psychology

Research output: Contribution to book/anthology/report/conference proceeding › Book chapter › Research › peer-review

1 Citation (Scopus)

Abstract

The objective of this paper is twofold. First, we demonstrate that the Global Reporting Initiative (GRI) Standards do not enable stakeholders to compare the relevant social performance of different organizations. We argue that the GRI Standards are based on a misguided claim about informed decision-making, which does not fully respect the conceptual difference between transparency and comparability. Secondly, we demonstrate that it is possible to improve the GRI Standards by incorporating a set of social indices which can be compared cross-organizationally. The inspiration for this framework is found in the UN’s Human Development Index and Sen’s capability approach.

Original language	English
Title of host publication	Global Challenges to CSR and Sustainable Development : Root Causes and Evidence from Case Studies
Editors	Stephen Vertigans, Sam Idowu
Number of pages	21
Publisher	Springer
Publication date	2021
Pages	271-291
ISBN (Print)	978-3-030-62500-9
ISBN (Electronic)	978-3-030-62501-6
DOIs	https://doi.org/10.1007/978-3-030-62501-6
Publication status	Published - 2021

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title = "Corporate Social Indices: Refining the Global Reporting Initiative",

abstract = "The objective of this paper is twofold. First, we demonstrate that the Global Reporting Initiative (GRI) Standards do not enable stakeholders to compare the relevant social performance of different organizations. We argue that the GRI Standards are based on a misguided claim about informed decision-making, which does not fully respect the conceptual difference between transparency and comparability. Secondly, we demonstrate that it is possible to improve the GRI Standards by incorporating a set of social indices which can be compared cross-organizationally. The inspiration for this framework is found in the UN{\textquoteright}s Human Development Index and Sen{\textquoteright}s capability approach.",

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Corporate Social Indices: Refining the Global Reporting Initiative. / Frederiksen, Claus Strue; Pedersen, David Budtz; Nielsen, Morten Ebbe Juul et al.
Global Challenges to CSR and Sustainable Development: Root Causes and Evidence from Case Studies. ed. / Stephen Vertigans; Sam Idowu. Springer, 2021. p. 271-291.

Research output: Contribution to book/anthology/report/conference proceeding › Book chapter › Research › peer-review

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AU - Idowu, Samuel O.

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AB - The objective of this paper is twofold. First, we demonstrate that the Global Reporting Initiative (GRI) Standards do not enable stakeholders to compare the relevant social performance of different organizations. We argue that the GRI Standards are based on a misguided claim about informed decision-making, which does not fully respect the conceptual difference between transparency and comparability. Secondly, we demonstrate that it is possible to improve the GRI Standards by incorporating a set of social indices which can be compared cross-organizationally. The inspiration for this framework is found in the UN’s Human Development Index and Sen’s capability approach.

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BT - Global Challenges to CSR and Sustainable Development

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Corporate Social Indices: Refining the Global Reporting Initiative

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