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It is a rapidly growing trend that is by no means restricted to these 3 countries, and even in some Asian countries like Malaysia, CSR reporting is mandatory for all public listed companies.
Whether CSR reporting is mandatory or voluntary, the strategy for embedding CSR into the business which precedes reporting, needs first of all a well-researched conviction that this is needed and beneficial.
For example, in line with its Environmental Policy, Tetra Pak has instituted forestry guidelines.
If CSR reporting is any indicator, the figures for CSR reporting amongst the top 100 companies are nearly 90% in the UK, over 80% in Japan and about 60% in the USA.Considerable thought and planning went into deriving the methodology for this study.The first step was to comprehend the situation and collect data.In Pakistan, Tetra Pak has initiated and supported used beverage cartons recycling projects for a number of years, even going on to win the Environmental Excellence Award at the prestigious Asian CSR Awards in 2009 for its recycling initiative.Now Tetra Pak Pakistan is focusing on an area, reduction in energy usage, which is deeply significant for a number of reasons.
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Two separate teams were constituted for the work at the factory and the head office.