Yell Group publishes first Corporate Responsibility Report - 6 July 2005
Yell, the international directories business, today published its first report detailing its approach and commitment to corporate responsibility across the company. The report highlights the key issues for Yell and how it manages relationships with a wide range of key stakeholders.These include Yell’s users and advertisers, its people, as well as suppliers and the communities in which it operates.
Yell’s Corporate Responsibility Report 2004/05 also explains the company’s strong belief that corporate responsibility and corporate governance are interwoven.
John Condron, chief executive of Yell, said: “I’m pleased that with the publication of our first corporate responsibility report, Yell has the opportunity to show its strong commitment to this issue, its achievements to date and, also, to set out the objectives for further improvement.
“At the heart of bringing corporate governance and corporate responsibility together is our aim to give confidence to our shareholders and other stakeholders that Yell is a well managed and responsible company.”
Yell is already acknowledged for its performance on corporate responsibility. It is listed, for instance, as an index component in the Dow Jones Sustainability World Indexes (DJSI World) that covers the top ten per cent of 2,500 companies worldwide.
It is also listed in the Dow Jones STOXX Sustainability Index (DJSI STOXX) covering the top 20 per cent of companies in the European media sector in terms of sustainability.
Yell’s corporate responsibility report outlines how four guiding principles of excellence, reliability, responsibility and integrity support the company’s aim of demonstrating it is well managed and responsible. They define how Yell works and underpin Yell’s approach to all aspects of its business in the UK and the US.
Its governance and responsibility framework includes the following elements: Yell’s culture and values, compliance to all relevant laws and regulations, risk management, the adding of value through being responsible, brand integrity and accountability and openness.
