socioeco.org
Resource website of social and solidarity economy

The Copenhagen Charter: A Management Guide for Stakeholder Reporting

The Copenhagen Charter is a management guide for stakeholder dialog and reporting. It aims to set out, briefly and concisely, the most important motives and principles involved. It is endorsed by and draws on the experience of a select group of Danish companies with practical experience of stakeholder dialog and reporting.

January 1999

To download : PDF (180 KiB)

Summary :

Part I of the Charter focuses on the effects of stakeholder reporting in terms of internal and external value creation for the company and its key stakeholders. This creation of value requires that the processes of stakeholder dialog and reporting are integrated into the strategic management of the company, and embedded in the company’s mission, vision, and values.

Part II highlights the principles of stakeholder dialog and reporting, offering practical recommendations on how to manage the three key process elements: laying the groundwork, embedding the processes, and communicating the results.

To be of real value to the company and its key stakeholders, both the processes and the product of stakeholder dialog and reporting must be credible. Part III of the Charter takes a closer look at three important elements of credibility: accounting principles, information relevance and verification.