This week, Governance & Accountability Institute issued a “Flash Report” about the continued expansion of corporate sustainability/responsibility reporting. Our team led by Louis D. Coppola (EVP of G&A) and his team of five interns determined after careful examination that three-quarters – 75% — of the S&P500 Index ® Companies are now publishing corporate sustainability reports in 2014.
The growth in such reporting among the S&P 500 is dramatic: one-fifth of companies reporting in 2011 (just under 20%); more than half (53%) reporting a year later, in 2012; then 73% reporting by 2013 – 7-in-10 companies among the largest public issuer universe for investors. And that number is holding steady: 75% reporting in 2014.
Thanks to our intern research team working with Lou Coppola [who designed the analysis] to create this important Flash Report:
- Selene Lawrence (2015 Team Leader)
Hunter College — BS, Geography
- Tania Apicella
Rutgers Business School — MBA
- Simon Fischweicher
Bard College — MBA, Sustainability
- Evan Guyton
Baruch College, Zicklin School of Business — MBA
- John Rovetto
William Paterson, University of New Jersey — BS, Business Management
For more information on our GRI Data Partner Report Analyst Research Interns, please visit www.ga-institute.com/ the-honor-roll.html
We invite you to read the press release – there’s very important information for you that you will be seeing in many references over the coming year.
(Monday – June 08, 2015)
Source: Governance & Accountability Institute, Inc. – Sustainability reporting has become the clear norm in the U.S. capital markets as represented by our four year study of the S&P 500*. Over the last four years there has been significant uptake in sustainability reporting fromjust 20% in 2011 to 75% in 2015, demonstrating the necessity of measuring and managing ESG issues in response to growing stakeholder and stockholder demands. To put this in context G&A in tracking prior year(s) reporting found that:
- in 2011, just under 20% of S&P 500 companies had reported;
- in 2012, 53% (for the first time a majority) of S&P 500 companies were reporting;
- by 2013, 72% were reporting — that is 7-out-of-10 of all companies in the popular benchmark