June 18, 2007

Sutainability Reporting Becoming The Norm

Over the past six years, entries into the Ceres-ACCA North American Awards for Sustainability Reporting have grown five-fold from 20 in its first year to 102 this year, SocialFunds.com reports (via GreenBiz).

Ceres and the U.K.-based Association of Chartered Certified Accountants recently announced the winners of the awards. Vancity Group, Bristol-Myers Squibb, Green Mountain Coffee Roasters and Mountain Equipment Co-op took home the top awards.

Almost half (49) of the U.S. companies in the S&P 100 Index now disclose information above and beyond the financial, covering companies’ environmental, social, and governance issues, according to the Social Investment Research Analysts Networkand KLD Research & Analytics.

“By next year, I expect a majority of the S&P 100 will be doing so, and increasingly sustainability reporting will be the norm and not reporting will be the exception,” said Steve Lippman, Vice President of Asset Research at Trillium Asset Management, who worked with KLD to develop this year’s study, said in the article.

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