abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

14 Oct 2014

Author:
Jo Confino, Guardian Sustainable Business (UK)

97% of stock exchange listed companies fail to disclose full data on sustainability indicators, study says

"97% of companies fail to provide data on key sustainability indicators", 13 Oct 2014 

Only 128 of the 4,609 largest companies listed on the world’s stock exchanges disclose the most basic information on how they meet their responsibilities to society, according to a new report. The study by Canadian investment advisory firm Corporate Knights Capital says 97% of companies are failing to provide data on the full set of “first-generation” sustainability indicators - employee turnover, energy, greenhouse gas emissions (GHGs), injury rate, pay equity, waste and water. While the number of companies disclosing individual metrics has risen in recent years, the study says it remains “disconcertingly low”…The reason these figures are so important is because there is a direct correlation between transparency and companies taking substantive action to improve their performance…The report points out that the paucity of corporate reporting on the first-generation indicators stands in stark contrast to investors’ growing interest in building sustainable investment strategies…[Refers to Aviva, BM&F Bovespa]