Transparency in the ‘turbulent teens’

Being socially responsible is not only a matter of doing but also of communication: to show what you are doing, why and how. To inspire others, and also to offer room for stakeholders' ideas. The key word is transparency. Discover how transparency can help deal with the challenges of these times.

De Kristal

The Dutch Ministry of Economic Affairs, Agriculture and Innovation wants to encourage companies to be transparent about their sustainability activities. Good reporting is of crucial importance to separate the wheat from the chaff: how are the big companies doing and what types of improvements are there? Every year a selection of companies are evaluated on this in the Transparantiebenchmark. The winner receives the prestigious De Kristal award.

Turbulent teens

Social responsibility is here to stay, but what is really happening and, still more important: how effective is it? These are turbulent times because the world is on the move. Different problems are addressed in the report Vision 2050: the new agenda for businesses: unemployment and social unrest such as e.g. happening in South Europe; climate changes and scarcity of raw materials. We are only at the beginning of a difficult road: ‘The turbulent teens have just started.’ Therefore we need a radical, fast reformation, namely NOW.

Accountants to the rescue

Revolution does not occur automatically; we must actively work on it by creating the right frameworks. ‘We must change the rules of the game’, says Peter Bakker of the World Business Council for Sustainable Development (WBCSD). Meaning: companies must pay for the natural and social consequences of their activities. It is time to draw up rules for non-financial reporting (for natural capital and social capital), only then will real transparency emerge. A good example for this is Puma: they map the Cost of the Planet of their company’s activities.  

Your true nature

On the 22nd of November three companies received De Kristal 2012 award. Mondial Movers was chosen for the second time in a row in the category SME, while DSM was the big winner among the large companies. Koninklijke Wessanen won the award in the category ‘biggest improver 2012’.

The jury had chosen the credo ‘Show who you really are, what your true nature is’ in order to select the winner. This may be the golden tip for those who want to go for next year’s award.