Environmental Leader | 18 December 2012
The number of S&P 500 and Fortune 500 companies managing and reporting performance on environmental, social and governance (ESG) issues more than doubled from 2010 to 2011, according to an analysis by Governance & Accountability Institute.
G&A Institute, the data partner for the Global Reporting Initiative (GRI) in the US, UK and Ireland, says in last year’s report, 19 percent of the S&P 500 reported. In the 2012 report, the number jumped to 53 percent.
Similarly, in 2011’s report researchers found 20 percent of the Fortune 500 reported; in this year’s analysis 57 percent reported.
This means — for the first time — non-reporters are in the minority.
The 2012 study marks G&A Institute researchers’ second year examining corporate sustainability and responsibility trends by large US companies. This year’s report, 2012 Corporate ESG/Sustainability/Responsibility Reporting: Does It Matter?, focused on S&P 500 companies while last year’s report centered on Fortune 500 companies.