London, 31 March 2014 – Fujitsu has today been recognised in Business in the Community’s annual benchmark of responsible business, the Corporate Responsibility Index (CR Index).
Since 2002, the CR Index has provided unique insight into how businesses are driving the responsible business practice that will help secure a sustainable future. The 2014 CR Index, which is being launched as part of Responsible Business Week, provided a more challenging set of questions than ever before and its findings indicate that real progress is being made by UK companies to integrate responsible behaviour into their business. This includes a growing understanding that responsible business provides mutual benefit, with two in three CR Index companies evaluating the economic value of CR to the business.
Fujitsu was announced as a 4 Star company. This means that Fujitsu:
- Carries out formal risk and opportunity management processes in the context of the global mega trends and has started thinking about how these mega trends will impact upon the business strategy
- Has developed a methodology for calculating the financial value CR activities bring to the business
- Has integrated leadership skills training within senior managers and Board members’ training and development
- Demonstrates transparency and accountability through an externally assured CR report, providing meaningful information on the management and performance of key material CR issues
- Has developed specific and measurable targets for all relevant issues and these are in the public domain
- Can demonstrate 3 years of performance improvement for most environmental and social impact areas
Stephen Howard, Chief Executive, Business in the Community said: “The 2014 CR Index shows us that companies are making real progress to integrate responsibility throughout their operations. We know that companies are now increasingly discussing CR at board level, transforming company culture through embedding CR into training, and unlocking innovative products and services by looking ahead to the long-term challenges and opportunities of responsible business. Crucially, this shift is being driven by a tranche of responsible leaders that understand the new contract now required between business and society to drive change.
“I congratulate Fujitsu for achieving 4 star rating because it demonstrates a clear commitment to an integrated approach to being a responsible business. We look forward to working with Fujitsu to challenge and support them towards creating a fairer society and a more sustainable future.”
Responsible Business Week (31 March – 4 April) is the only week dedicated to responsible business that is run by the charity Business in the Community. Responsible Business Week aims to inspire, equip and challenge businesses to do more to meet the world’s most pressing needs. You can follow the conversation at #RBWeek.
Notes to editors
About the CR Index
Business in the Community’s CR Index is the UK’s leading voluntary benchmark of corporate responsibility. It has been run by Business in the Community since 2002, providing businesses with a robust framework to help companies systematically measure, manage and integrate responsible business practice into mainstream business strategy and operations. It also allows businesses to benchmark against competitors and to transparently communicate progress to stakeholders.
The CR Index takes the form of an online survey where companies follow a self-assessment process intended to help them identify both the strengths in their management and performance, and the gaps where future progress can be made. The CR Index is evidence based where participants are asked to provide relevant evidence as part of their submission which is validated by Business in the Community’s expert reviewers.
The 2014 CR Index scores participating companies against the following areas of responsible business, Corporate Strategy, Integration, Management, Performance and Impact. This year 98 companies participated publicly. www.bitc.org.uk/crindex
About Responsible Business Week
Society is facing unprecedented challenges as social, economic, and environmental forces converge in unexpected ways. As the world emerges from recession towards growth, business has a powerful new opportunity to shape a strong recovery that is inclusive and sustainable. Responsible Business Week aims to inspire, equip and challenge businesses to do more to meet the world’s most pressing needs. In doing so, they will unlock innovation and opportunity and demonstrate the positive impact of business in society.
The week brings together businesses and innovators from around the world through events, debates and online activity. It enables businesses to explore new possibilities for collaboration and develop the bold new ideas, practical action and behaviours necessary to build a fairer society and a more sustainable, prosperous future.
Responsible Business Week is convened by Business in the Community in partnership with Veolia Environnement.
www.responsiblebusinessweek.org #RBweek
About Business in the Community
Business in the Community is a business-led charity committed to shaping a new contract between business and society.
We have over 30 years’ experience forging better relationships between business and society, driven by a unique collaboration of business leaders. We stimulate action by challenging and supporting thousands of businesses to create a fairer society and a more sustainable future – through our local, national and international campaigns.
Business in the Community is one of The Prince’s Charities, a group of not-for-profit organisations of which The Prince of Wales is president. www.bitc.org.uk
About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013. For more information, please see http://www.fujitsu.com
Fujitsu UK & Ireland
Fujitsu UK & Ireland is a leading IT systems, services and products company employing over 10,100 people with an annual revenue of £1.6 billion. Additionally, Fujitsu’s other operations in the UK bring its total employee numbers to over 14,000 and its total revenues to £1.8 billion. Its business is in enabling its customers to realise their objectives by exploiting information technology through its integrated product and service portfolio. This includes consulting, applications, systems integration, managed services and product for customers in the private and public sectors including retail, financial services, telecoms, government, defence and consumer sectors. For more information, please see: http://uk.fujitsu.com
For further information please contact:
Laura White
Harvard PR
Tel: + 44 (0)20 7861 2800
Email: teamfujitsu@harvard.co.uk
Graham Goulden
Fujitsu UK & Ireland
Tel: + 44 (0) 843 354 9568
Email: graham.goulden@uk.fujitsu.com
Source: RealWire
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate