Ranking of Austrian Online CSR Reports

Results 2019: Andritz - Financial Report 2018

For the ranking in each category (Strategic Approach, Open Information and User Orientation) click on the respective link below.

 RankScoreAverageBest
1. STRATEGIC APPROACH288.011.942.8
a. Were the material aspects identified according to the criteria of the GRI standard?271.86.59.4
b. Does the company take responsibility for its impact along the entire value chain?281.76.09.2
c. Does the corporate strategy include a management approach to all material topics?281.96.09.0
d. Are both harm reduction strategies and maximization of benefits pursued?281.75.69.6
e. Have appropriate structures and processes for sustainability management been set up and sufficiently presented in the report?281.04.69.1
2. OPEN INFORMATION285.56.226.9
a. Does the report make clear and complete statements? (Key figures on all material topics, interpretation of development, definition/evaluation of goals)281.64.89.2
b. Is the report balanced? (positive / negative developments, solved / unresolved problems, etc.)233.65.08.8
c. Are internal and external stakeholders appropriately involved and are the relevant structures and processes disclosed?280.45.19.1
3. USER ORIENTATION283.84.017.0
a. Is the report clearly structured according to the material topics?260.82.84.7
b. Is the text clear and precise, easy to understand and read?271.73.04.4
c. Is the visualization appealing and does it support the understanding of the content?270.92.34.6
d. Is the report user-friendly and are online features sufficiently utilized? (Target group specific approach, optional information, links, timeliness, interactivity etc.)270.41.74.5
TOTAL RANK & SCORE2817.453.686.2
Andritz

Recommendations:

(provided by students, how the company should improve its report)

My recommendation for ANDRITZ and their report is first to look again at their chosen material topics. Many material topics have been chosen because of their impact on ANDRITZ, rather than because of the company´s impact on others. Also, the importance of the topics was chosen mostly having the company´s benefits in mind.

They should research not only the topics that seem relevant for the company but also what their impact is onto the topics and what are positive/negative developments, what problems do the work on/exist/have been solved, what are the stakeholders (and maybe not from 4 years ago relate to a URL that doesn’t work) – show in the report the process of stakeholder inclusion for evaluating the topics and what the impact of company is on them and what is done to improve it (if negative impact). If there’s no CSR department, make one, get specialists or external services to set up process and include CSR into overall strategy.

The company should list all the internal as well as external stakeholders and then look at the impact it has on these stakeholders. Then it should also structure the report according to the importance of the material topics.

The relevant stakeholders could not be identified due to lack of information

The report does not explain to which extent goals have already been achieved or until when the various goals should be achieved. In order to improve this point, a timeline would be appropriate that shows when which goal should be achieved. Textually, I would describe the measures to achieve the goals in more detail. In addition, I would also address negative points such as unresolved problems and measures on how the company intends to solve them.

Create a stand-alone sustainability / CSR report, with additional key figures from the years before, to compare values

less advertorial, more balanced

The report seems as if CSR is just a side project, and not important to the company. They should change that!

Include more graphics at the respective main points to support reading comprehension. In addition, the existing graphics could be made more appealing.

The report could have been made more visually appealing like for example with more graphs and pictures.

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