ESG Reports Filed by 81% of S&P 500 Companies in 2015
The S&P 500 Index includes 80% of market capitalization, so when a large majority of its member companies do something, it’s big news. Here's the story: 81% of them have published corporate responsibility reports in 2015, according to the Governance & Accountability Institute, a sustainability reporting firm. This compares with only 20 percent in 2011, when G&A began its analysis. Why does this rapidly growing, now critical mass of sustainability reporting matter? The S&P Index is “one of the most widely-followed barometers of the U.S. economy,” notes G&A, and “sets conditions for large-cap public companies.” Judging by the numbers, those conditions now assume that “measuring, managing, and reporting on ESG issues” is a mainstream practice.
John Howell, Editorial Director
Report Alert: GSK publishes Annual Report and Responsible Business Supplement 2015