Académique Documents
Professionnel Documents
Culture Documents
com/mt
Corporate
Responsibility
Practices
Survey 2013
Introduction
Carried out for the first time
in Malta, PwCs Corporate
Responsibility Practices Survey
gauges the awareness of
sustainability issues and evaluates
the practices of companies in
Malta. Through the survey and
this report, PwC aims to spread
awareness and foster a better
understanding of the value of
corporate responsibility (CR)
practices.
2 PwC
Internal awareness
Understanding and awareness of CSR
Existence of CSR policies and procedures
Information and internal communications
Drivers and barriers to investment in CSR
Social responsibility
Impact on the community
Actions to mitigate environmental and
social impacts
Current and future importance of CSR
External awareness
Importance attached to CSR by
stakeholders
Stakeholders perceptions and expectations
Existing company practices
The survey was carried out during Quarter 1 2013. The survey included
45 questions and evaluates: internal and external awareness, social
responsibility and regulation, compliance and disclosures. Participation in
this survey was open to all companies in Malta.
The survey covered a wide range of sectors. The financial and insurance
sector participated actively in this survey, followed by the manufacturing
and information and communication sectors.
Participants characteristics
The companies that participated in the survey are medium to large companies with the majority employing 50 persons
or more and having an annual turnover of over 5 million euros.
Company size, by number of employees
10%
12%
18%
4%
28%
6%
12%
26%
26%
10%
10%
12%
14%
12%
18%
Less than 10
28%
0-2 million
26%
Between 10 and 50
12%
2-5 million
10%
12%
5-10 million
26%
14%
10-20 million
6%
10%
20-50 million
4%
12%
50-100 million
Over 500
12%
10%
4 PwC
Sectoral distribution
The financial services, insurance, and the information
and communication sectors participated actively in this
survey. However, over half of the responses relate to
the manufacturing sector, services, professional
activities, accommodation and other private and
public sector activities.
4%
4%
86%
invested in reducing
electricity consumption
64%
4% 4%
4%
36%
6%
60%
6%
12%
36%
12%
12%
Manufacturing
8%
6%
6%
4%
4%
Internal awareness
A review of news releases and information found in
local company websites gives the impression of a narrow
view of corporate responsibility, with most companies
associating corporate responsibility solely to charity
contributions or the investment in energy saving or
renewable energy technologies.
On the other hand, this survey shows quite a
good understanding of the term, with 64% of
respondents recognising a more holistic
understanding of corporate responsibility.
Nearly half of the participants claim to have a
department identified as responsible for corporate
responsibility. This function seems to be most commonly
vested within the Public Relations/Marketing
Department or the responsibility of a dedicated CSR
team established for this purpose.
64%
38%
No
2%
Do not know
60%
Yes
48%
70%
20%
40%
60%
80%
Current Practices
52%
of companies have
implemented measures to
reduce water consumption
36%
96%
of companies have invested in some form of energy saving measures, with the
most popular being: new lighting fixtures, procurement of energy efficient
equipment, installation of sensors and staff awareness campaigns
20%
40%
60%
% of respondents
80%
100%
Social Responsibility
76% of companies believe that CSR will become very
important in five years time.
Over half of the respondents attach importance
to environmental and social issues. In particular,
companies illustrate concern over water and energy
consumption, health and safety, pollution and waste
management.
84% of companies feel strongly about their
responsibility, towards their people, to create an ethical
and safe working environment. This goes beyond
ensuring compliance with occupational health and
safety standards and deals with ethical behaviour in
their HR practices and service delivery.
8 PwC
34%
58%
2%
Neither unimportant
nor important
Very Important
Extremely Important
In 5 years time
4%
0%
20%
10%
56%
20%
30%
40%
50%
20%
60%
70%
80%
90%
100%
% of respondents
10 PwC
53%
of companies stated
that they have
been questioned by
regulators about
their impact on the
community and on
the environment
16%
Strongly Agree
26%
Disagree
74%
12%
58%
Agree
Non-financial disclosures
24%
Regulators
Other
General Public
20%
40%
60%
80%
100%
Interesting Findings
98%
12 PwC
CSR policy
No CSR policy
Between 50 and 100
Between 10 and 50
Less than 10
0
10
15
number of respondents
50m - 100m
20m - 50m
Disclose
10m - 20m
Do not disclose
5m - 10m
2m - 5m
0 - 2m
0
20%
10%
30%
% of respondents
No CSR policy
Disclose
Do not disclose
CSR policy
5%
10%
15%
% of respondents
14 PwC
20%
25%
30%
Results
PwC Corporate Responsibility Practices Malta Survey
2013 was intended to raise awareness and understanding
of corporate responsibility among local companies.
The findings show an improvement in the understanding
of these issues and an understanding of the importance
of problems such as water scarcity in Malta. It is
also evident that companies believe that corporate
responsibility will become increasingly important in
the coming years.
Conclusions
1. Awareness of corporate responsibility is rising
and the understanding of the term is moving
away from just charitable donations to include
environmental matters, health and safety, ethics
and other considerations.
Contacts
George Sammut
Partner, Sustainability Advisory
Services
+356 2564 7608
george.sammut@mt.pwc.com
Follow us on:
www.pwc.com/mt/sustainability
2013 PricewaterhouseCoopers. All rights reserved. In this document, PwC refers to PricewaterhouseCoopers which is a member firm of
PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.
16 PwC