June 16, 2011
Compliance & Standards Briefing: Demand Response, Aviation Biofuel, Ratings
Ceres and Tellus Institute are working to create a single standard for rating company sustainability performance. They have started a coalition, the Global Initiative for Sustainability Ratings, whose other founders include leading investors and businesses like TIAA-CREF, the Calvert Group and Bloomberg
The initiative will be modeled on the Global Reporting Initiative, another Ceres/Tellus-launched program, which has become the global standard used by 2,000 companies worldwide for corporate reporting on environmental, social and economic performance.
The organizations say that ratings play a pivotal role in determining….
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