To Evaluate the TEVA Company's 2020 Corporate Social Responsibility Report Base on GRI 101 “Sustainability Content and Balance ”Criteria

Abstract

The purpose of this report is to explain the definition of corporate social responsibility and the main benefits associated with corporate social responsibility reporting. It will clarify a principle of the GRI 101 reporting problem and explain how these principles relate to the key interests of CSR and explain how these principles relate to the “sustainability context” for report content and the “balance” for report quality. Besides, this report will evaluate Teva's CSR report in the end. The conclusion of this report is based on some academic reports and academic journals. As an increasing number of people pay attention to corporate social responsibility, corporate social responsibility reporting plays a vital role in the development of enterprises. However, in order to gain a positive reputation, some companies present unobjective data and deliberately avoid negative information. This article not only introduces information about CSR, but also evaluates TEVA's CSR report based on the two principles of "sustainable content" and "Balance". "Sustainability content " and "Balance" two principles can enhance the reputation of company and impel corporate CSR reporting to become more objective. The Teva company CSR report meets most of the requirements of these two principles. There is no doubt that the CSR report of TEVA can be recommended to other companies as a role model.