Sustainability Reports Filed by 81% of S&P 500 Index Companies - The Minute

Mar 21, 2016 4:35 PM ET
Multimedia with summary

The S&P 500 Index includes 80% of total market capitalization, so when a large majority of its members do something, it’s big news. Here's the story: 81% of the Indexes’ listed companies published corporate responsibility reports in 2015, according to the Governance & Accountability Institute, a sustainability reporting firm. This compares with only 20% reporting in 2011, when G&A began its analysis.

Why does this rapidly growing—now a critical mass—of sustainability reporting matter? As G&A puts it, “This huge body of corporate reporting underscores the importance of setting strategies, measuring and managing ESG issues in response to growing stakeholder and shareholder expectations, and, in many cases, to demands for such reporting, including information requests from major customers.” To judge by the growing number of reports, measuring, managing, and reporting on ESG issues is becoming business as usual for companies.

I’m John Howell for 3BL Media.

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