- 12% of all COPs published worldwide come from Spain
- Spanish COPs increase in the last year by 14% and in particular the advanced ones, by 17%
Global Compact Network Spain publishes for tenth year the analysis of the Communication on Progress (COPs) submitted by Spanish signatories. This document refers to the COPs submitted in 2015.
A total of 793 entities have reported, which suposes an increase by 14% over the previous year. Of these, 154 have followed the format of the online COP, exclusive to the Spanish Local Network.
Internationally, this means that 12% of all COPs are managed by Spanish Network, in a clear demonstration of the commitment of the Spanish entities with sustainability.
This year 14% of all advanced COPs published by Global Compact, the highest category of reporting, are from Spain. Advanced COPs in Spain have increased by 17.8% last year. This combination of results makes Spanish Network become the leading. A new feature this year has been the increase in reports submitted by the non-business organizations, which has almost doubled, due to the new COE policy
CSR as an opportunity for business
The reporting tool of the Spanish Network is based on a methodology focused on stakeholders. The main stakeholders identified for large companies are employees and customers. They are followed by environment and suppliers. In the case of SMEs and other entities, suppliers and customers are in the second and third place in the ranking. Employees are in first place, as in previous years.
The Spanish Network proposes a model that combines a double analysis: risk and opportunities related with business activity, based on the most significant stakeholders. Thus, entities can select about what challenges they want to report, evaluate them as opportunities or risks and provide detailed information about policies, actions, monitoring tools and indicators used to manage them.
From a thematic point of view, companies continue working on training in human rights issues, while SMEs strive the customer satisfaction. In labor standards, large companies have worked specially equal opportunities, while SMEs have focused on getting a good working environment.
About anti-corruption: large companies have invested more efforts on compliance, while SMEs have done the most in transparency towards the customer, as the last year. Both kinds of entities agree in environment issues and in working on rising awareness.