More shareholders are calling for d

More shareholders are calling for disclosure in the country where fewer companies are disclosing, therefore different levels of reporting is not driven by shareholder demand. Our results indicate a need for more Australian companies to disclose environmental information. Another aspect of the KPMG survey was that of assurance of CSR reporting. KPMG found that 55% of UK reports, 42% of Australian reports and 14% of U.S. reports include an assurance statement