Companies are faced with the challenge of expanding their reporting to include the social and ecological effects of their business activities. This involves, in particular, maintaining international standards and norms with respect to CSR topics. More and more, however, even socially relevant CSR projects and their effects are being carefully scrutinized. It is no longer enough simply to assert that a project is doing something positive for society.
Today, rating agencies in particular want to know about the strategic positioning of CSR initiatives, the management, accounting and reporting systems that are in place, project goals, and the intended and actual effects of projects. The same questions are asked by auditing firms when companies have their CSR or sustainability reports reviewed and certified.