“Corporate Sustainability” No Longer an Oxymoron

A report released by the Sustainable Investment Research Analyst Network (SIRAN) shows that more that half of the 100 largest publicly traded companies in the U.S. now report on their environmental sustainability policies.
Furthermore, the efforts of more than a third of the companies meet conditions of the Global Reporting Initiative’s sustainability reporting guidelines.
Other key stats include:

•    86 of the S&P 100 companies now have corporate sustainability Web sites, compared to 58 in mid-2005, an increase of 48%;

•    49 of the leading U.S. companies produced a sustainability report in 2007, an increase of 26% from 39 in 2005;

•    41 now include a reference or references to the GRI standards, up 71% from just 24 in 2005; and,

•    34 companies now include a GRI Index in their report, an increase of 70%, up from 20 in 2005.
Source: SIRAN/KLD Research & Analytics  PRN