COMMUNICATE

MA.4.a. Stakeholders

Does the company communicate progress on the Global Compact principles with stakeholders?

ABOUT THIS QUESTION

The company should identify its stakeholders who affect or can be affected by the company's activities, products and services e.g. a person, group, organisation, authority. The company should communicate openly about challenges and dilemmas and engage in dialogue with its stakeholders to keep up-to-date with expectations. Dialogue strengthens stakeholder trust in a company and improves the company’s reputation, allowing it to attract and retain customers, investors and employees.

ANSWER THIS QUESTION

First answer the following indicators (step 1) and then the main question (step 2).

Step 1. Answer the following indicators:

The company identifies stakeholders who affect or can be affected by the company's activities, products and services e.g. a person, group, organisation, authority.

The company communicates progress openly about how issues covered by the Global Compact principles are managed, including performance results as well as forward-looking information on strategy and management approach, challenges, and dilemmas.

The company regularly engages in dialogue with stakeholders to keep up-to-date with stakeholder expectations.

The company communicates openly about how issues covered by the Global Compact principles are managed including challenges, dilemmas, success and failures.

The company's communication on progress and other performance reporting on issues covered by the Global Compact principles is publically available and communicated to external stakeholders e.g. via the company's and Global Compact website.

Step 2. Answer the main question:

Does the company communicate progress on the Global Compact principles with stakeholders?

 
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    3. Answer the indicators

    4. Answer the main question

     

     

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