Reporting of non-financial information as a stakeholder engagement method
Reporting of non-financial information as a stakeholder engagement method

Summary/Abstract: Corporate social responsibility emerged on the basis of the stakeholders theory and was finally authorized by norm ISO26000; establishing that an organization’s responsibility is such behaviour which; amongst others; takes into account stakeholders expectations. One of the basic tools of communication with stakeholders (and getting of their expectations) is reporting non-financial information. The purpose of this article is to analyse and evaluate non-financial information reporting (including accessible standards in this area) carried out from the aspect of stakeholder engagement practices. It was conducted based on a critical analysis of literature on this subject and web research. On its basis specific stages of nonfinancial reporting were diagnosed (evolution from the social and environmental through the sustainability reporting to the integrated) and the increasing role of stakeholders in this process (from passive recipients to active participants).

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