Chapter I: The Largest Transnational Corporations and Corporate Social Responsibility
15
Figure I.3. Individual environmental, social and governance category rankings by group (Number of companies, max = 100) 0
25
50
75
100
26
1st
13 33 48
2nd
38 34
Group ranking 17
3rd
33 26 5
4th
13 6
5th
4 3 1
Environment
Social
Governance
Source: UNCTAD, based on data from EIRIS.
D. Environmental issues 1. Criteria: Environmental issues To assess environmental management practices, the companies were evaluated on their strategies to address environmental issues, climate change and biodiversity impacts. The response to environmental issues is assessed under the following categories:
policy, management systems, and reporting.
Table I.5. Example indicators required for a company's environmental, climate change and biodiversity policy, management systems and reporting to be assessed as 'good' Policy
The company has…
Environmental - general
o o o o o
identified all key environmental issues impacted by their operations board level responsibility for environmental policy set objectives and targets commitment to environmental auditing commitment to stakeholder involvement
Climate Change
o
commitment to addressing its climate change impact
Biodiversity
o
a policy identifying biodiversity as a key impact of its operations