Sustainability Not Major Topic In Energy Industry Boardrooms

February 25, 2008

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More than two-thirds of 81 energy industry executives surveyed by KPMG LLP said they regarded sustainability as an important element of their businesses, AP reports. Yet less than one-fifth of respondents said sustainability was a permanent agenda item at board meetings, and 29 percent said it had never come up at such gatherings.

Only about one-half said their organizations were currently sustainable. Roughly one-third said they were working toward sustainability.

More than half the executives said they believed sustainability would make them more competitive, in part by improving the image of their company.

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