Open AccessAn analysis of the content and quality of corporate sustainability reports according to GRI standards in peruvian mining companies supervised by the SMV in 2018: deficiencies and opportunities
Author(s) -
Óscar Alfredo Díaz Becerra,
Claudia Leon-Chavarri,
Brenda Gabriela Ampuero-Alfaro
Publication year - 2021
Publication title -
revista contemporânea de contabilidade
Language(s) - English
Resource type - Journals
eISSN - 2175-8069
pISSN - 1807-1821
DOI - 10.5007/2175-8069.2021.e77331
Subject(s) - corporate social responsibility , credibility , sustainability , accounting , business , quality (philosophy) , content analysis , latin americans , consistency (knowledge bases) , pillar , sample (material) , sustainable development , corporate sustainability , political science , public relations , computer science , engineering , social science , sociology , ecology , philosophy , chemistry , structural engineering , epistemology , chromatography , artificial intelligence , law , biology
Corporate sustainability has become a distinctive factor of global leaders, who communicate sustainable development actions using corporate sustainability reports (CSR) in accordance with international reporting standards such as GRI. In Latin America there is a high variability in their adoption and the Peruvian mining sector has been facing credibility problems due to the incidence of socio-environmental conflicts in its projects, despite its recent consistency in the presentation of CSR. A statistical analysis of a sample of mining companies that submitted their CSR to the SMV in 2018 showed that half of them complied with presenting CSR; nonetheless, GRI principles are not strictly followed. Reports stress the social pillar over the environmental and economic ones; with an imbalance between positive, neutral and negative actions; and do not present their sources to make data auditable. An opportunity is presented for the creation of a specialized area in the SMV to review CSR.