European firms do better than their US competitors
The Accountability Rating tool is a temptative to measure which businesses align their strategies with society's needs, and which are paying only lip service to their responsibilities. It was developped by the csrnetwork and AccountAbility, a UK-based thinktank.
Their summary of this years' result:
The average overall score among Fortune Global 100 companies has risen from 24 in 2004 to 32 (out of a maximum of 100). One-third of companies achieved a score of 40 or more, compared with only one in ten in 2004.
The range of performance across the Global 100 is wide, stretching from only one point to a top score of 78. In general, scores remain disturbingly low. The results suggest that few of today’s biggest companies are as smart as they might be. The gap between the leaders and the laggards raises important questions about the latter’s ability to manage their risks and opportunities.
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