Recently, the value of relationships has been foregrounded in the integrated reporting movement. The guidance provided by the International Integrated Reporting Council (IIRC) suggests that a company’s public report should include information about six forms of “capital” as inputs and outputs of the value generation process. One of these is social capital, which focuses on “institutions and relationships.” In South Africa, the first country requiring listed companies to publish such integrated reports, understanding and enhancing social capital is a key priority among the Network for Business Sustainability's South African Leadership Council.
The need for this research is clear. Despite the importance given to relationships by the IIRC and others, it is remarkable how little explicit, structured attention is given to assessing and improving them. For instance, although social capital is a major emphasis in integrated reporting guidelines, there is still much uncertainty about what it actually means and why and how it should be measured.
Designed for Business Leaders, this Executive Report Provides:
- A definition of social capital
- An overview of the business benefits
- Measures and tools that can be used to assess the key dimensions of social capital
- Case studies from South Africa's platinum industry and Transnet
About the Research
This report is an extension of a larger systematic review prepared by Moses Acquaah and his colleagues. They reviewed 314 studies, the report defines social capital, provides an overview of its business benefits, and outlines measures and tools that can be used to assess the key dimensions of social capital.
Read the comprehensive systematic review.
For more information on the project or reports, please contact Kristy Faccer, firstname.lastname@example.org