[...]... Italian company, Sabaf Sabaf is a family business, as are most Italian companies, and has already been recognized as one of the Italian companies more committed to CSR Sabaf adopts a triple bottom line approach in its activities and reporting, that is, it takes into account and provides information to its stakeholders about its financial, social and environmental performance In Chapter 2, Mar a Sacristán... student organization, which has been particularly active in promoting CSR issues SOCIAL AND ENVIRONMENTAL REPORTING AND KEY PERFORMANCE INDICATORS A section of Sabaf’s annual report, ‘Key performance indicators’, contains a summary of financial and non-financial indicators The latter include human capital, structural capital, relational capital, and social and environmental indicators Financial Indicators... structure and content of the data reported In its socially responsible management system, the Sabaf management runs the company, taking into account its financial, social and environmental impact To do so, Sabaf implements ProGReSS©, a socially responsible management system for sustainable development Sabaf’s case study shows that a social report is not only a communication device, but it may also become a. .. contributes to making the ‘stakeholder philosophy’ viable and reliable, and influences company behaviour (Zambon and Del Bello, 2005) This chapter provides a case study which describes CSR practices in an Italian company Sabaf is a family business, as are most Italian companies, and has already been mentioned as a significant case concerning CSR in Italian companies (see Bergamin Barbato and Mion, 2004; Borgonovi,... (relationships with corporate stakeholders); Corporate social responsibility Financial statements Social report Financial Performance Financial and social communication Triple bottom line communication Financial performance Source: ● Integrated reporting Social performance Environmental performance Elaborated from company’s data Figure 1.1 ● From 2005 to 2006 Social and Environmental Performance From 2000... AccountAbility 1000 (AA1000, ISEA, 1999; AA1000SES, ISEA, 2005).7 Furthermore, Sabaf complies with the Global Compact principles.8 COMPANY PROFILE AND CORPORATE GOVERNANCE Sabaf Società per azioni (S.p .a. ) was founded in the immediate postSecond World War period in Lumezzane (Lombardy, Italy) by Battista Saleri and his sons (Sabaf stands for Saleri Battista and sons) The company began its manufacturing activity... the section Social performance’) Sabaf began to prepare and present its annual reports in accordance with a triple bottom line approach, in which social and environmental outcomes were as important as financial results (Figure 1.1) Since 2005, Sabaf has prepared an integrated annual report (see Sabaf, 2005, 2006b), that is, one single document in which financial reporting has CSR and integrated triple... 2003, Sabaf was named as one of the Italian companies more committed to CSR by 10 of the largest Italian institutional investors (Avanzi SRI Research, 2003) Sabaf adopts a triple bottom line approach in its activities and reporting, that is, it takes into account and provides information to its stakeholders about its financial, social and environmental performance Sabaf is included in the list of companies... financial statements ● directors’ report on social and environmental performance ● proposal for improvement ● independent auditors’ report 3) Consolidated financial statements 4) Financial statements of Sabaf S.p .a ● ● Elaborated from company data Evolution of Sabaf’s Social Report From 2000 to 2006, Sabaf’s social report structure (see Sabaf, 2000– 2006b) has improved considerably, increasing its ability... 1.1 Board of directors and board committees at Sabaf S.p .a Board of directors Position Name Chairman Giuseppe Saleri Giambattista Saleri Ettore Saleri Deputy Chairman Deputy Chairman CEO Director Director Director Director Director Director Director Source: 13 Angelo Bettinzoli Alberto Bartoli Leonardo Cossu Franco Carlo Papa Salvatore Bragantini Federico Alberto Giua Raffaele Ghedini Flavio Pasotti . Silvia Del Rio provide a detailed analysis of CSR in Italy by analysing CSR practices in an Italian company, Sabaf. Sabaf is a family business, as are most Italian companies, and has already. practice: the experiences of the Camela S .A. Factory of Clothing Inserts 98 Izabela Koładkiewicz PART III CSR IN ASIA AND AUSTRALIA 6 CSR dynamics in South Korea and Japan: a comparative analysis. These companies are Forest Oil which predominantly operates in the US and Canada, and Santos Oil which operates in several Australasian countries. In Chapter 10, Melsa Ararat and Mahmut Bayazıt