Please correct me if I’m wrong but Timberland must be one of the few companies in the world to formally report its CSR efforts on a quarterly basis (it started in 2008).
Timberland not only reports quarterly and maps to the GRI Index, it also reports on progress towards goals relating to its 4 CSR ‘pillars’: Energy, Product, Workplace and Service. Reporting this way means that Timberland only needs to produces a traditional CSR report once every two years as a summary.
Traditional annual CSR reports are only ‘rear-view’ perspectives anyway. A more frequent reporting cycle means that it is easier to maintain a stakeholder dialog and to respond quicker to stakeholder concerns. It also more closely reflects the mandated 10-Q reporting cycle required for financial reporting by the S.E.C. in the USA – even though no-one is yet required to produce a 10-Qs.
Isn’t this about as good as it gets in terms of intentional transparency?
