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| Title: | THE CONSULTATION > Setup | |||
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| Date of publishing: | May 06, 2011 | |||
| Hits: | 5328 | |||
| Category: | Other content | |||
| Language: | English | |||
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THE CONSULTATION > Setup
A pan-European stakeholder consultation was carried out in 2005. This structured feedback process intended to address the needs, concerns and viewpoints of specific stakeholders.
The interest groups could be divided into 4 categories:
- Group 1: Customers (financial institutions, fund managers, institutional investors, national Social Investment Forums, etc.).
- Group 2: Corporate stakeholders (industry associations, trade unions, etc.).
- Group 3: Civil society actors touched by SRI, public administrations.
- Group 4: Auditors and experts in non-financial rating and accountability.
Due to limited resources, the stakeholder consultation was executed in two formats that were considered to be the most effective:
- Format 1: 24 interviews with core stakeholders including NGO’s, trade unions, academics, financial experts, clients, companies, SIF's (face-to-face or by telephone).
- Format 2: 6 regional focus group meetings (UK, Benelux, German speaking countries, France, Scandinavia, Italy).
72 people from 9 European countries were contacted in the stakeholder consultation that took place from July till September 2005.
A variety of experienced CSR/SRI practitioners with different backgrounds contributed with their views to the draft version of the Voluntary Quality Standard and the Transparency Matrix.