IDEAS home Printed from https://ideas.repec.org/a/taf/deveza/v23y2006i2p305-320.html
   My bibliography  Save this article

The JSE socially responsible investment index and the state of sustainability reporting in South Africa

Author

Listed:
  • Dan Sonnenberg
  • Ralph Hamann

Abstract

The JSE Limited (JSE) in South Africa is the first bourse in an emerging market to develop a sustainability index for its top 160 listed companies. This article provides an overview of the Index methodology and uses the first and second rounds of the Index to assess the state of sustainability reporting among participating companies. It describes general trends related to priority issues in companies' reports, the extent and manner of reporting, and which kinds of companies are emerging as leaders in reporting. More detailed patterns of reporting are considered with respect to the four key categories in the Index: corporate governance, society, economy and environment. The article also considers the role of the Index in terms of the nascent socially responsible investment (SRI) movement in South Africa. It argues that a number of challenges need to be met in order to enhance the impact of the Index and of SRI on corporate behaviour in South Africa and Africa.

Suggested Citation

  • Dan Sonnenberg & Ralph Hamann, 2006. "The JSE socially responsible investment index and the state of sustainability reporting in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 23(2), pages 305-320.
  • Handle: RePEc:taf:deveza:v:23:y:2006:i:2:p:305-320
    DOI: 10.1080/03768350600707942
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/03768350600707942
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/03768350600707942?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Schabek, Tomasz, 2020. "The financial performance of sustainable power producers in emerging markets," Renewable Energy, Elsevier, vol. 160(C), pages 1408-1419.
    2. Dr. Humberto Valencia Herrera, 2015. "Decomposition of the Stocks Returns in the Sustainable Index of the Mexican Stock Exchange," Remef - The Mexican Journal of Economics and Finance, Instituto Mexicano de Ejecutivos de Finanzas. Remef, March.
    3. Peng Zou & Qi Wang & Jinhong Xie & Chenxi Zhou, 2020. "Does doing good lead to doing better in emerging markets? Stock market responses to the SRI index announcements in Brazil, China, and South Africa," Journal of the Academy of Marketing Science, Springer, vol. 48(5), pages 966-986, September.
    4. Bongani Munkuli & Renee Horne, 2018. "Financial Markets Value Reputation for Corporate Social Responsibility (CSR) – A Study of the South African Mining Sector," Africagrowth Agenda, Africagrowth Institute, vol. 15(2), pages 17-22.
    5. repec:eme:srjpps:v:6:y:2010:i:2:p:332-346 is not listed on IDEAS
    6. Roselyne Cheruiyot-Koech & Colin David Reddy, 2022. "Corporate Social Responsibility Preferences in South Africa," Sustainability, MDPI, vol. 14(7), pages 1-16, March.
    7. Arcangelo Marrone & Lara Oliva, 2021. "The Level of Integrated Reporting Alignment with the IIRC Framework: Evidence from South Africa," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(1), pages 1-99, July.
    8. Giamporcaro, Stephanie, 2011. "A Market for Environmentally Responsible Investment? Identifying Obstacles and Enablers of Commodification of Environmental Risks in the South African Investment Industry," RFF Working Paper Series dp-11-01-efd, Resources for the Future.
    9. Ralph Hamann & Paresha Sinha & Farai Kapfudzaruwa & Christoph Schild, 2009. "Business and Human Rights in South Africa: An Analysis of Antecedents of Human Rights Due Diligence," Journal of Business Ethics, Springer, vol. 87(2), pages 453-473, August.
    10. Humberto Valencia Herrera, 2015. "Decomposition of the Stocks Returns in the Sustainable Index of the Mexican Stock Exchange," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 10(1), pages 85-99, Enero-Jun.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:deveza:v:23:y:2006:i:2:p:305-320. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CDSA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.