Corporate Social Responsibility (CSR) Accounting Guidelines Published

The Reitaku University Business Ethics and Compliance Research Center (R-BEC) released on July 21, 2004 what it calls the R-BEC004 CSR Accounting Guidelines, designed to serve as a framework to quantitatively measure and evaluate corporations' socially responsible initiatives.

As the corporate social responsibility (CSR) accounting approach proposed in the guidelines enables corporations to provide quantitative CSR information to multiple stakeholders, this approach to CSR accounting is also expected to support other functions, such as external reporting, communication with stakeholders, and internal business management in relation to CSR.

R-BEC plans to make further efforts to promote the guidelines. Through discussions and exchanging ideas with stakeholders, R-BEC intends to improve the methods of CSR data collection and measurement, with a view to making CSR information more useful for stakeholders.



Posted: 2004/12/31 09:18:03 AM
Japanese version