460
H. Y. Ching
Table 6 Adherence of consumer goods companies to the model
Company
Environment
dimension
(%)
Social
dimension
(%)
Economic
dimension
(%)
Corporate
governance
dimension
(%)
Total of
subthemes
reported (%)
L’Oréal
74
76
100
57
75
Nestlé
61
80
80
14
65
Diageo
61
64
80
71
65
Coca HBC 43
64
80
71
58
Truworths
9
56
20
43
33
Source Author
The Environmental Dimension obtained 56% of the themes reported by at least
three companies, of which 48% were sub-themes reported by the segment, where
9 subthemes (out of 23) were addressed by at least four companies, of which two
were reported by the five companies. Eight subthemes were reported by only one or
none of the companies, of which three had no citation by companies in their reports,
such as “incidents of non-compliance with all applicable environmental legislation,”
“content “and” public availability.” The first item is the only subtheme of the Compliance theme that focuses on potential incidents arising from non-compliance with
environmental legislation. The other two items were also not reported in the other
industrial segments.
The Governance Dimension was the one that obtained the lowest number of
citations by the companies; however, two subthemes were reported by four or five
companies. All companies mentioned “Transparency of the remuneration of top
management”. One company addressed two subthemes, and “percentage of board
executives” was not addressed by any of the companies. This same item was also not
addressed by companies in the automobile segment.
Regarding the individual adherence of the companies of the sector, Table 6 demonstrates the levels of adherence to the model. The L’Oréal Group was the one with the
highest adherence index, with emphasis on the economic and environmental dimensions. Nestlé was the one that most touched on the social dimension in its reports,
despite being the one that presented the least citations of the Corporate Governance
dimension. Diageo along with Coca-Cola HBC were the most cited on the corporate
governance dimension. The company that had the least number of citations in its
reporting was Truworths.
H. Y. Ching
Table 6 Adherence of consumer goods companies to the model
Company
Environment
dimension
(%)
Social
dimension
(%)
Economic
dimension
(%)
Corporate
governance
dimension
(%)
Total of
subthemes
reported (%)
L’Oréal
74
76
100
57
75
Nestlé
61
80
80
14
65
Diageo
61
64
80
71
65
Coca HBC 43
64
80
71
58
Truworths
9
56
20
43
33
Source Author
The Environmental Dimension obtained 56% of the themes reported by at least
three companies, of which 48% were sub-themes reported by the segment, where
9 subthemes (out of 23) were addressed by at least four companies, of which two
were reported by the five companies. Eight subthemes were reported by only one or
none of the companies, of which three had no citation by companies in their reports,
such as “incidents of non-compliance with all applicable environmental legislation,”
“content “and” public availability.” The first item is the only subtheme of the Compliance theme that focuses on potential incidents arising from non-compliance with
environmental legislation. The other two items were also not reported in the other
industrial segments.
The Governance Dimension was the one that obtained the lowest number of
citations by the companies; however, two subthemes were reported by four or five
companies. All companies mentioned “Transparency of the remuneration of top
management”. One company addressed two subthemes, and “percentage of board
executives” was not addressed by any of the companies. This same item was also not
addressed by companies in the automobile segment.
Regarding the individual adherence of the companies of the sector, Table 6 demonstrates the levels of adherence to the model. The L’Oréal Group was the one with the
highest adherence index, with emphasis on the economic and environmental dimensions. Nestlé was the one that most touched on the social dimension in its reports,
despite being the one that presented the least citations of the Corporate Governance
dimension. Diageo along with Coca-Cola HBC were the most cited on the corporate
governance dimension. The company that had the least number of citations in its
reporting was Truworths.