DJSI Results Announced — Are You In / Out? Attend Our Workshop in Collaboration with RobecoSAM in New York City on October 24th

Many corporations that endeavor to be sustainable become a bit nervous as we pass Labor Day in the USA.  The rebalancing of the Dow Jones Sustainability Indexes is traditionally announced at that time.  Is my company in?  Out?  Increasingly, CEOs and other C-suite execs and board members (as well as numerous managers) are holding “membership” in the Dow Jones Sustainability Indices in very high regard.

On September 7, 2017, the results were announced in Switzerland by RobecoSAM (the creators and managers of the DJSI) and S&P Dow Jones Indices (owners of the intellectual property and one of the world’s leading index providers).

Among the many new companies added to the Indices, three were announced in the official press release, Samsung Electronics, Ltd; BAT (British American Tobacco plc); and, ASML Holding NV.  And among the many unfortunate companies dropped from the index, the three mentioned in the release included Enbridge Inc; Reckitt Benckiser Group plc; and, Rio Tinto plc.

The DJSI were launched in 1999, and over time became the “gold standard” for corporate sustainability indexes.

Every year select corporations are invited to respond the company’s Corporate Sustainability Assessment (“CSA”) — a rigorous, rules-based online process for company managements’ response efforts. There are about 600 data points per company that is organized into one overall score. Certain criterion (topic sub-sections of the CSA) are added for specific sectors based on materiality, and each sector has different scoring weights applied to the various criterion based on how material they are to the sector.  (Note that the G&A Institute team assists client organizations in their response efforts each year.)

This year, the CSA assessed “Policy Influence” for the first time — assessing public companies’ lobbying activities.  And the Impact Measurement & Valuation Criteria were expanded to just about all industries. RobecoSAM sees Policy influence as a material issue for investors, especially in such countries as those where the revenues of public companies may exceed the GDP of that country.

RobecoSAM acknowledges that companies are aware of the need to “understand environmental and social profits and losses, but less than 10% have a viable valuation approach in place to provide detailed insights into potential E and S financial impacts.”

Top Stories This Week…

How Do We Measure Sustainability?
(Friday – September 08, 2017)
Source: EWN – Globally, there has been an increase in demand for higher transparency on environmental, social and governance issues.


A special all-day workshop is being offered to corporate managers, presented by G&A Institute in collaboration with RobecoSAM in New York City on Tuesday, October 24th at Baruch College/CUNY:

Demystifying The Corporate Sustainability Assessment (CSA) & The Dow Jones Sustainability Indices (DJSI)
Focused on Assessment Questions for
Human Rights, Human Capital & Supply Chain

Click here for more information and to register.

Highlights of the Workshop:  The aim of this workshop is to increase the participants’ knowledge and obtain advice on the Dow Jones Sustainability Indices (DJSI) and the RobecoSAM Corporate Sustainability Assessment (CSA) — in this session, specifically on selected criteria including Human Rights, Supply Chain, and Human Capital.

Representatives from high-scoring CSA-responding companies including 3M and Citi will share their perspectives and experience in crafting responses to the CSA.

Participants will also learn how institutional investors are utilizing data from the CSA and ESG data into their investment decision-making with a special guest from Bloomberg LLC.

Participants can expect to take away a deeper understanding of:

  • The DJSI 2017 – results, lessons, outlook.
  • Effective approaches to assessing established and emerging sustainability topics in the CSA.
  • Rationale, the business case, performance, and results from last year’s assessment, and learn more about major challenges for companies, especially in the CSA Criteria of Human Rights, Human Capital, and Supply Chain.
  • How institutional investors/fiduciaries are utilizing ESG data.

Early bird pricing is open through September 30th.
Get more details and register at: http://bit.ly/CSAtrain

 

This Is Hurricane Season in the Americas — And Climate Change Discussions Will Accompany News Reports About the Super-Storms Coming Ashore

All news/all the time — that was the American television viewer’s diet of content during the week long siege, with Hurricane Harvey sweeping ashore along the Gulf of Mexico areas of the State of Texas.  And the plight of the people of the Houston region, in particular, was on everyone’s mind as we watched the struggles of the residents there to stay safe and help their neighbors.

As we watched, many of us from afar, this was the American Spirit at its very best, in such terrible times for Texans to remind us all of the traditions of neighbor-helping-neighbor.

The public debate about the issues surrounding climate change (is it happening/what is the cause/what can be done) goes on, folks on both sides of the issue were cautious and sensitive about bringing the subject up in the midst of the suffering in Texas.  But gradually, the debate centered on Harvey’s effects came around to the point.

And Florida, another U.S. state, was brought into focus by writers at The Guardian as writer Richard Luscombe (a free lancer based in Miami) reminded readers of perhaps one of the early canaries-in-the-coal-mine — Hurricane Andrew almost 25 years ago to the day that the giant storm tore through Miami-Dade County — and causing US$15 billion in insured losses.

Professor Hugh Gladwin in the piece wondered:  Will people base their real estate decisions on climate change futures? He sees higher-standing areas of booming Miami becoming gentrified as a result of sea level rise…and coastal areas threatened by flooding and storm surge will decrease in value.

Writer Luscombe tells us that residents of South Florida are already buying houses in North Carolina and Tennessee — to have a safe place to go as the seas rise in the Sunshine State!

Climate Corporation (San Francisco) says that it will only take a few climatic events in a row for a collapse in regional/local real property values to fall.  That could make the housing crisis of 2008 “look small.”

Luscombe writes that properties in Norfolk, Virginia; Annapolis, Maryland; Atlantic City, New Jersey; Savannah and Charleston, Georgia; and Miami Beach, Florida — all have areas now where fish swim in driveways and people drive through salt water streets.

As we’ve reported for you recently, the nation’s urban leaders (the mayors of cities large and small) are already addressing the challenges of climate change and making their cities more resilient.  As the TV coverage of Hurricane Harvey slows and we move on to the next news cycle, no doubt climate change discussions will increase in tempo.  This is hurricane season, after all, and there is already a Category Five storm approaching the American coastlines.

We can debate “when” it is appropriate to raise the issues surrounding climate change, and what to do about it.  But we think it is a conversation that is necessary — so in the end we should do our best to protect all of the U.S.A.’s coastal areas, where 2/3 of the American population reside.

Our thoughts and prayers are with our friends and colleagues in Houston and the Texas and Louisiana coastal region.  We should all pitch in to help — neighbor-to-neighbor — in any way that we can.

What are your thoughts on all of this?

Top Stories This Week…

How climate change could turn US real estate prices upside down
(Wednesday – August 30, 2017)
Source: The Guardian – Floridians have long recognized climate’s threat to their homes. Amid the disaster wrought by Harvey, home buyers may look to higher ground

Practitioner Workshop: DEMYSTIFYING THE CSA & DJSI

Practitioner Workshop: DEMYSTIFYING THE CSA & DJSI
Focus on Assessment Questions for
Human Rights, Human Capital & Supply Chain 

October 24, 2017

Presented to you by G&A Institute in collaboration RobecoSAM
Hosted at Baruch College/CUNY in New York City

The aim of this workshop is to increase the participants’ knowledge and obtain advice on the Dow Jones Sustainability Indices (DJSI) and the RobecoSAM Corporate Sustainability Assessment (CSA) — in this session, specifically on selected criteria including Human Rights, Supply Chain, and Human Capital. A workshop session will also be included on how institutional investors are utilizing data from the CSA and ESG data in their investment decision-making.

RobecoSAM and Governance & Accountability Institute expert representatives will contribute to the Meeting overall and in particular present content (including analysis and slide decks) that address each of the criterion. Representatives from CSA-responding corporations that are high scorers in the respective CSA criterion will respond and share their perspective and experience in crafting responses to the CSA.

Participants can expect to take away a deeper understanding of:

  • The DJSI 2017 – results, learnings, outlook.
  • Effective approaches in assessing established and emerging sustainability topics in the CSA.
  • Rationale, the business case, performance, and results from last year’s assessment, and learn more about major challenges for companies, especially in the CSA Criteria of Human Rights, Human Capital, and Supply Chain.
  • How institutional investors / fiduciaries are utilizing ESG data.

REGISTRATION IS NOW OPEN

EARLY BIRD RATE: $995
(Available until September 30th. Full price: $1,190)

Registrations will be open until October 22nd, 2017.

AGENDA

Welcome to the Day 
– Hank Boerner, Co-Founder & Chairman, Governance & Accountability Institute
– Louis Coppola, Co-Founder & Executive Vice President, Governance & Accountability Institute
– Robert Dornau, Director, Senior Manager Sustainability Services, RobecoSAM

Workshop 1: Human Rights 
– Moderator: Louis Coppola, Co-Founder & Executive Vice President, Governance & Accountability Institute
– Robert Dornau, Director, Senior Manager Sustainability Services, RobecoSAM
– Ariel Meyerstein, Senior Vice President, Corporate Sustainability Program, Citi

Workshop 2: Human Capital 
– Moderator: Hank Boerner, Co-Founder & Chairman, Governance & Accountability Institute
– Robert Dornau, Director, Senior Manager Sustainability Services, RobecoSAM
– Tina M. Berg, Sustainability Specialist, 3M Corporate Social Responsibility (To be confirmed)

Networking Lunch

Workshop 3: Supply Chain 
– Moderator: Louis Coppola, Co-Founder & Executive Vice President, Governance & Accountability Institute & Board Member of Global Sourcing Council (GSC)
– Robert Dornau, Director, Senior Manager Sustainability Services, RobecoSAM
– Corporate Representative – To Be Announced

Workshop 4: ESG Data From an Investor Perspective 
– Hideki Suzuki, Senior ESG Analyst, Bloomberg LP

DJSI 2018 Outlook & Closing Remarks 
– Hank Boerner, Co-Founder & Chairman, Governance & Accountability Institute
– Louis Coppola, Co-Founder & Executive Vice President, Governance & Accountability Institute
– Robert Dornau, Director, Senior Manager Sustainability Services, RobecoSAM

DETAILS
Tuesday, October 24, 2017 — 8:45 am – 4:00 pm
Baruch College/ CUNY, Newman Vertical Campus 55 Lexington Avenue, New York, New York 10010

For information and to register click here.

About Governance & Accountability Institute, Inc. (www.ga-institute.com
Governance & Accountability Institute is a New York City-based sustainability research, consulting and educational services company working with corporate sector and investment community clients. Typical engagements include preparation of sustainability, CSR and citizenship reports; peer benchmarking on ESG issues and reporting; customized ESG research (environmental, social and governance performance); strategic materiality analysis; sustainable investor relations; corporate communications around sustainability; and assistance with stakeholder engagements. The company is the exclusive Data Partner for the Global Reporting Initiative (GRI) for the USA, UK and the Republic of Ireland.

About RobecoSAM (www.robecosam.com
Founded in 1995, RobecoSAM is an investment specialist focused exclusively on Sustainability Investing. It offers asset management, indices, impact analysis and investing, sustainability assessments, and benchmarking services. The company’s asset management capabilities cater to institutional asset owners and financial intermediaries and cover a range of ESG-integrated investments, featuring a strong track record in resource efficiency-themed strategies. Together with S&P Dow Jones Indices, RobecoSAM publishes the globally recognized Dow Jones Sustainability Indices (DJSI) as well as the S&P ESG Index series, the first index family to treat ESG as a standalone performance factor using the RobecoSAM Smart ESG methodology. Based on its Corporate Sustainability Assessment (CSA), an annual ESG analysis of over 3,900 listed companies, RobecoSAM has compiled one of the world’s most comprehensive databases of financially material sustainability information. The CSA data is also included in USD 86.5 billion of assets under management by the subsidiaries of the Robeco Group.

RobecoSAM is a sister company of Robeco, the Dutch investment management firm founded in 1929. Both entities are subsidiaries of the Robeco Group, whose shareholder is ORIX Corporation. As a reflection of its own commitment to advancing sustainable investment practices, RobecoSAM is a signatory of the PRI and UN Global Compact, a member of Eurosif, Swiss Sustainable Finance, Carbon Disclosure Project (CDP), Ceres and Portfolio Decarbonization Coalition (PDC). As of December 31, 2016, RobecoSAM had client assets under management, advice and/or license of approximately USD 16.1 billion.

For questions, contact Louis D. Coppola, Executive Vice President & Co-Founder, Governance & Accountability Institute, Inc. at Tel 646.430.8230 ext 14 or email lcoppola@ga-institute.com.

Millennials and Sustainable / Responsible / Impact Investing — A New Force To Be Reckoned With!

We Americans are fond of putting specific age cohorts in neatly assembled descriptors — the Silent Generation; the Greatest Generation; the Baby Boom Generation; Gen X and Gen Y.

Now in focus:  The Millennial Generation, fast approaching the vaunted celebrity status of the post-WW II Baby Boom Generation.  You’ll recall The Boomers were born in years 1946 to 1964 and were some 77 million American women and men in total.  For many years this population cohort dominated trends in education, business, popular culture, entertainment, politics, investing, and other societal activities.

Now we have a new dominant force coming to leadership in those categories. The Millennials are considered to be the last generation of the 20th Century, those born between 1982 and 2004 — estimated at 76 million people, according to demographic experts Howe and Strauss.  (Time magazine puts the dates as 1980-2000; The New York Times, 1976-1990. Whatever the exact years, this is the generation that will dominate at least the first half of the 21st Century.)

Even now, the Millennials are said to be outnumbering the number of Boomers in the workforce of 2017 — they are wielding tremendous influence on “work in America.”

What about their investing and wealth building activities?  The Morgan Stanley Institute for Sustainable Investing has some guidance for us in the findings of their recent look at 1,000 individual active investors — the Institute’s MS Sustainable Signals survey.

Highlights:  75% of all those surveyed and 86% of the Millennial investors surveyed think of themselves as interested in sustainable investing.  The first MS Institute survey was in 2015; the findings were similar to the 2017 attitudes.  But, the 2017 survey found a significant increase in those Millennials responding as  “Very Interested”, which rose from a level of 28% two years ago to 38% in the recent survey round.

This, the Morgan Stanley Institute surmises is at least partly responsible for the spike in U.S. sustainable, responsible & impact investing between 2014 (established by US SIF survey at US$6.57 trillion in AUM) to $8.27 trillion in 2016 — a dramatic, 33% growth rate.

Audrey Choi, Chief Sustainability Officer and Chief Marketing Officer at Morgan Stanley says:  “As widespread attention to sustainability continues to increase, consumers and investors alike are now more than ever factoring sustainability issues into their investment decisions.”

Note that Morgan Stanley Institute for Sustainable Investing  “…works to drive scalable investment solutions that seek to deliver positive social or environmental impact alongside the market-rate returns clients expect…”
There’s a link in our Top Story to the 93-page report.

To think about:  In a commentary on TechTarget “WhatIs.com”, the author said:  “Millennials are concerned about social justice and will not support institutions that they see in conflict with social and economic equality.  As such, Millennials are exerting their influence on the world around them…”

Morgan Stanley Institute for Sustainable Investing is helping to chart that effect in the capital markets.

Top Stories This Week…

Millennials Are Driving Global Sustainable Investment
(Friday – August 18, 2017)
Source: Clean Technica – A new investor survey conducted by leading global financial services company Morgan Stanley has revealed that three-quarters of investors and 86% of Millennial investors are interested in sustainable investing.

Corporate Competitiveness — An Important Consideration for Board & C-Suite, Including the CFO — Here’s Important News From Accenture

In brief:  Profits and growth are only two legs of a three-legged stool, with sustainability just as important, says a new study.

Is corporate growth and profitability “hard wired” to sustainability and trust?  Important question!  The answer (a declarative “yes”) was advanced by Mark Pearson and Bill Theofilou, of the Accenture consulting firm, in a recent white paper.

Now the pair have a new analysis to share — news about their “Competitive Agility Index” — the “CAI”, based on analysis of 5,200 data points on 350 companies across 9 industries.

Leading companies, they say, are quantifying how sustainability generates tangible value and are taking action to reduce waste, improve labor conditions, and invest in causes the customers care about…and that their corporate brands stand for.

The authors leveraged publicly-available data for the dimensions of “growth and profitability,” and for sustainability and trust they developed an algorithm based on trust indices and industry-specific features.

Companies held up as example of leadership in their sectors include Apple, BMW, Inditex (brand: Zara), and Colgate-Palmolive.  The Index shows that the interdependent strategy can yield greater revenue and EBITDA improvement than one focused on just one or two of the dimensions.

This is all explained on the CFO web site, with commentary by David McCann:  “Sustainability is a Key to Future Competitiveness.”  Read this and share it with your favorite Chief Financial Officer — there’s a lot to consider here for the internal discussions about corporate sustainability.

Top Stories This Week…

Sustainability Is a Key to Future Competitiveness
(Thursday – August 10, 2017)
Source: CFO  – Traditional measurements of company value like total shareholder return (TSR) and market capitalization may help identify what companies are presently the healthiest. But, according to a new study by Accenture, they don’t have…

Of Prime Concern to Many Companies: Water! Will Corporate Advertising Claims “Around” The Water Issue Click With Customers?

California….Water:  The place name and the liquid substance are interconnected in the minds of sustaianbility professionals thinking about climate change and the effects that we are already seeing in the American landscape.

The chronic drought in the Golden State has brought the water shortage issue in sharp relief, especially since California is for many crops the “breadbasket” of America, and sufficient water for irrigation and food processing is a critical need.

Water crises in the American West in general are now being seen as possible marketing opportunities by companies in the beverage, clothing and water-dependent products, at least in the claims being made about “sustainable products” to offer to consumers.  Matt Weiser, Contributing Editor, Water Deeply — brings us news about this in a commentary that is our Top Story.

The growing scarcity of water in the west and especially in California is prompting companies to broadcast water use reduction (such as in beverage manufacturing), or using recycled waste water in their apparel manufacturing.

Matt interviewed Kellen Klein, a senior manager at Fortune 500, a Portland, Oregon-based non-profit that “works to find common ground between corporations and environmental groups to help solve global problems.”

A number of companies see water as critical to their brand, says Kellen Klein; this is in many ways the social license to operate, at least in certain geographies.  Coca Cola Company is an example that he advances (he has worked on KO projects); the company has adopted a goal of replenishing water that goes into their products (which are sold in every country but a handful of nations around the world).

Levi’s (California-based for more than a century) sells cotton jeans, which requires water to grow (the crop) and more water for washing.  The company started an education program — “Water-Less” to encourage consumers to use cold water settings and wash their Levi products less often (to conserve energy for hot water production and to conserve water).

Have you heard of Bonnesville Environmental Foundation?  Coca Cola and other companies partner with this NGO in the “Change the Course” program, which has the aim of encouraging consumers to use less water. Consumers sign a pledge; money is then invested in projects to restore 1,000 gallons to critical watersheds.

‘ In the Top Story there is also news along these lines about Cerveza Imperial, the Costa Rican beer company; Fiji Water; Stone Brewing and an Arizona project.

Water, water, water – it’s like location, location, location to Realtors for many companies. The challenge for many companies that depend on water as the basic resource for their products and services.There’s interesting details for you in the Top Story about water and the corporate sector meeting the challenges.

Top Stories This Week…

How Water Became the New Focus of Corporate Sustainability
(Friday – August 04, 2017)
Source: News Deeply – Water crises in the West have pushed some companies to apply sustainability labels to their beverages, clothes and other water-dependent products. Kellen Klein, a senior manager at Future 500, helps sort through the claims.

Broadening Activism Among Institutional Investor Classes on ESG Issues – Here to Stay, Says Proxy Advisor CEO

“Operating under the radar” — that is, various categories of institutional investors getting active in the “investor activist” game?  Bruce Goldfarb, CEO of Okapi Partners, describes a sea change that he sees that is underway, the trend in how large institutions are approaching in the [investor] push for corporate change.  The lens is the annual corporate proxy season and the many campaigns therein, including the 2017 campaign.  Okapi is one of the influential proxy advisors for both investor and companies, working on some 48 campaigns during 2017.

What did the firm’s leader see as patterns?  Well, for starters, large mutual fund advisories and ETF complexes (like Vanguard, Fidelity, BlackRock, State Street) — these organizations with many trillions’ of dollars in corporate holdings in their portfolios, “…have become increasingly intent on holding public company boards and management teams accountable in higher ESG standards,” CEO Goldfarb notes in our Top Story (published on the digital Forbes Investing platform).

As many of us well know, the first iteration of ESG was about the “G” — for several decades, the focus was on corporate governance issues.  (Such as: investors pushing for separation of Chair and CEO, the often described example of a popular campaign in the G space).  Over time, the emphasis on environmental and social issues (“E” and “S”) broadened the approach to the familiar ESG measurements because the E and S issues are tied to share performance and confidence (or lack of) in management.

The CEO in the interview points out that a climate change proposal at ExxonMobil recently was passed by a wide margin (investors supported the demand that the company publish an annual assessment of the impact of global warming policies) while a decade ago a push by investors in proxy campaigning to separate chair and CEO positions and a few environmental proposals failed by a very large margin.  Things are a-changin’ in the proxy arena.

In 2017, there have been (so far) 430 resolutions filed that address “S” and “E” issues, compared to 370 a year earlier.  Investors, says CEO Goldfarb, see the connection between ESG policies and stock performance more clearly now.

In our conversations with corporate managers (at all size enterprises) it is clear that the managers want to press the Investing Case upward to their bosses in the C-suite and board room.  Why should we make the investment in a sustainability effort, the question often goes, and the answer is that among other things, corporate performance and a scorecard of sorts on top management has a proxy, too — that is, the ESG performance of the enterprise!

You’ll find more from perspectives shared by the Okapi Partners CEO in the Forbes interview by staffer Antoine Gara in our Top Story this week.

Top Stories This Week…

An Insider Explains Why Wall Street’s Big Money Focus On Sustainability Is Here To Stay
(Friday – July 28, 2017)
Source: Forbes – When a hedge fund launches a major activist campaign calling for changes at companies here and in overseas markets it’s real news.

COMMIT!Forum is Fast Approaching — New Venue, New Conference Managers, Innovative Approaches, Great Conversations…

The October 2017 Event Will Convene in Washington DC’s Maryland suburbs — New Venue is the fabulous MGM National Harbor.

 

Posted August 1, 2017
By Hank Boerner – Chair & Chief Strategist – G&A Institute

The annual COMMIT!Forum has set the pace for Corporate Responsibility / Sustainability / Public Affairs / Corporate Communications professionals and their peers as “the place to gather” for a decade and more.

This is the longest running CSR / CR event and is part of the range of activities that were put in place and managed by the SharedXpertise Media LLC organization.

In April 2017, 3BL Media Group acquired the COMMIT!Forum — along with management of membership group, the Corporate Responsibility Association (CRA); the CRA webinar series; and publication of the influential CR Magazine.

You probably know the widely-recognized “100 Best Corporate Citizens” rankings — senior corporate management actively pursues this important CR Magazine recognition.

The professional membership CRA will now be managed by a unit of 3BL, the Corporate Responsibility Board.

The good news is that COMMIT!Forum conference is now under the innovative, very savvy management. The theme of the upcoming October 2017 event:

Brands Taking Stands – the Role of the Corporate Responsibility Practitioner as Companies Make Their Voices Heard.

The annual conference brings together CR practitioners, corporate communications officers, heads of foundations, not-for-profit leaders, sustainability pros, and media representatives.

The 2017 conference will feature 10 “issue tables,” to emphasize the value of networking and peer-to-peer sharing — these will be moderated by professional subject matter experts (SMEs):

  • Topic 1: Data Driven Content Strategies; Storytelling that Works
  • Topic 2: NextGen Reporting in a Changing Cultural Landscape
  • Topic 3: Emerging Social Influence on Supply Chains
  • Topic 4: CR Impact on Talent Acquisition and Retention
  • Topic 5: Lead or Follow: Relevance in the E-World
  • Topic 6: Where Are You? Your Company’s North Star on SDGs
  • Topic 7: Risk and Rewards of Taking a Stand
  • Topic 8: Engaging Your Stakeholders in Digital Advocacy
  • Topic 9: Partner Matching: Activating CR Initiatives and the Imperative of Collaboration
  • Topic 10: Materiality Assessments to Supply Chain Management: Digital Platforms that Drive Success

Finalists for the coveted Responsible CEO Award will participate in panel discussions and one-to-one interviews; these provide valuable insight into successful programs at companies where “purpose is integral to culture and mission,” conference organizers note.

The COMMIT! meetings have traditionally been held in New York City; this year the event moves to the MGM National Harbor, just outside of Washington DC and convenient for Amtrak travelers all along the Washington-NYC-Philadelphia-Boston business corridor.

Prestigious brands: CRA member flagship companies include: Marriott; Visa; IBM; Adobe; AT&T; Hess; Sprint; PwC; Gap; Intel; Johnson Controls; Aramark; Smithfield; and many more — representatives of these companies will be at the COMMIT!Forum.

G&A Institute team has enjoyed a long-time partnership with 3BL Media The going back to the days of both companies’ founding and has long been a sponsor of the COMMIT!Forum meetings.

G&A Institute team members — including EVP and Co-Founder Lou Coppola – will be active participants at COMMIT!Forum.

We are offering today to our connections a special offer for Early Bird registration:  10% off early bird pricing for COMMIT!Forum (extends through August 15th for you).

Save an additional 10% using G&A’s discount code “G&A2017CF” when you register at commitforum.com

The G&A Institute team looks forward to seeing you at the conference – -the latch key is out!

About 3BL Media Group
The 3BL team provides a multi-channel news and content distribution platform for corporate clients, including Report Alert, Triple Pundit, CSR Wire, SocialEarth, Just Means, and, of course, 3BL Sustainability Communications platform.

A new business unit is the Corporate Responsibility Board LLC, housing COMMIT!Forum, the CR Association, and CR Magazine. 3BL’s Dave Armon is CEO (before joining 3BL he was COO of PR Newswire).

Using The GRI Standard For Sustainability Reporting Leads To Higher Quality Reports, Analysis of Corporate Sustainability Reporting Shows

The S&P 500 (R) universe of large-cap companies is the most widely used gauge for investors of large-cap U.S. corporate entities. There is more than US$7 trillion investments benchmarked to the S&P 500, with index assets of almost $2 trillion represented.  The index captures more than 80 percent of available market capitalization, notes owner S&P Dow Jones Indexes / McGraw Hill Financial.

The G&A Institute team closely monitors US corporations included in the index (a number are clients of G&A), and analyzes the reporting practices of the constituent companies.  In the first year of the study, we looked at 2010 sustainability / CSR / citizenship reporting by the S&P 500 and determined that about 20% were doing some kind of structured sustainability and related subject matter reporting. That was a good baseline year to build on, but 80% were laggards.

The next year the volume of reporting dramatically increased to more than 50% of the universe; then to three-quarters, and in our latest examination, for year 2016 the result was that 82% of the universe is reporting — only 18% of the 500 are now laggards in this regard.

But what about the quality of reporting (as volume increased)?  We teamed with the analysts at The CSR Sustainability Monitor (headquartered at Baruch College, Weissman Center for International Business, Zicklin School of Business, City University of New York) to utilize the CSR Monitor’s Big Data to extract deeper intelligence on corporate reporting.

Two important questions posed and the definitive answers back:

Question #1:  What is the quality and scope of the reports being published…and

Question #2:  is there a difference between the S&P 500 companies using the Global Reporting Initiative (GRI) framework and those not doing so.

Answer to question number two: YES — there is a big difference in most categories.  And to answer the first question:  The research partners provide details for you in the Top Story today.

G&A Consulting Services Note:  If you’re thinking about moving to the GRI Standards (either from Non-GRI, or from G4) we can help to maximize the value of your transition.  Find out more about our GRI Standards Gap Analysis Service here:  http://www.ga-institute.com/services/sustainability-esg-consulting/gri-standards-gap-analysis-moving-to-gri-standards.html

Top Stories This Week…

RESEARCH RESULTS: Using The GRI Sustainability Reporting Framework Improves The Quality of ESG Disclosures – Joint Research From G&A Institute and Baruch College Shows
(Tuesday – July 18, 2017)
Source: Governance & Accountability Institute, Inc. – But Now That Most Companies Are Publishing Sustainability Reports the Question Arises: What is the Quality of the Content of These Reports? To explore the answers, G&A teamed with The CSR-Sustainability Monitor® (CSR-S Monitor)…

Note to Our Readers:  You can learn more about G&A Institute’s ongoing monitoring of the S&P 500 sustainability journeys at: http://www.ga-institute.com/research-reports/research-reports-list.html

The Cities & States of the USA Move Ahead on Climate Change — Mayors & Governors, Leaders in Addressing Challenges & Providing Solutions

We’ve been sharing news and perspectives on recent developments in l’affaires climate change, with the US government [at the Federal level] abandoning the landmark Paris Agreement (the COP 21 accomplishments, with almost 200 nations participating).

The mayors and governors and other leaders at the city/municipal and state governments around the United States are individually and collectively committing to continuing to meet what the US government agreed to do…and what the Trump administration has now “dis-agreed” with moving forward.  There’s good news elsewhere in the public sector, though.

The US Conference of Mayors met in Miami Beach recently to address a number of issues that leaders of municipalities are concerned with — and to develop solutions to address.  Often, it is worth noting, the solutions are reached in partnership with the business community.  That collaboration — and innovation — spells o-p-p-o-r-t-u-n-i-t-y for both public and private sectors.

The respective mayors at the conference put climate change high on the agenda and passed a powerful resolution demonstrating their commitment to the nation’s commitment in Paris to rigorous address climate change challenges.  (A link to the resolution is in the post below.)

Good news out of the conference:  Cities are purchasing renewable electric energy.  69% of respondents to the Conference survey — 22% are considering doing so.  Green vehicles?  63% of mayoral respondents are doing that for their municipal fleets; 30% more are considering hybrids, electrics, natural gas, biodiesel.

In a commentary in G&A Institute’s Sustainability-Update blog, Chair Hank Boerner shares more information about the good news from the Conference and goings-on at the city and state level — in “US Cities Showing the Way on Climate Change Solutions.”

This is not just about US cities — the movement is global as noted in the column.  It is incredible to think that more than half of the world’s population now live in cities, and many of the world’s urban centers are especially vulnerable to the effects of climate change (rising seas, drought, severe storms, heat waves, and more).

And so — City Fathers and Mothers are awake to the threats and doing something about climate change.  There’s the Compact of Mayors, with 652 cities in the effort, led by former NYC Mayor Michael Bloomberg.  There’s the CDP Cities Initiative, with more than 500 cities now disclosing their climate change initiatives.  There’s America’s Pledge, an effort by 227 US cities and counties, 9 US states and 1,650 businesses and investors…a pledge to uphold the US government’s commitment to the Paris Agreement.  Read the full text of Hank Boerner’s commentary here: http://ga-institute.com/Sustainability-Update/2017/07/15/u-s-global-cities-showing-the-way-on-climate-change-solutions/

And for additional information about climate change action at the municipal level, read about the good work going on in Hollywood, Florida; Bozeman, Montana; Loveland, Colorado; Redmond, Washington.  These stories and more in the informative American City & County news story — it’s about how cities are enticing their citizens to pitch in and help to create a more sustainable city.  There’s info here on the National League of Cities’ “Sustainable Cities Institute.”

Incentivizing sustainability
(Thursday – July 13, 2017)
Source: American City & County – Cities are financially enticing citizens to take more environmentally friendly actions — and they’re seeing results…