Friday, January 12, 2007

From Risk Reduction to Value Creation: Worldwide Sustainability Reporting Leaders Ranked


Corporate leaders in sustainability reporting were announced today by SustainAbility, Inc., a leading global consulting firm and think tank. This biannual benchmarking survey, Tomorrow's Value, marks BT as the global leader and ranks one American company - Nike, Inc. - in the top ten and four other US corporations in the top fifty.

Tomorrow's Value, published in partnership with the United Nations Environment Programme (UNEP) and Standard & Poor's, ranks the world's leaders in sustainability reporting, transparency and disclosure. Strikingly, half of the Leading 50 companies are newcomers to the list, including five entrants from non-OECD (Organisation for Economic Co-operation and Development) countries.

"Since we began work in this area in 1992, we have seen dramatic progress," commented John Elkington, Founder and Chief Entrepreneur at SustainAbility, at the London press conference. "Our 2006 benchmark survey spotlights both a continuing improvement in report quality and the entry of new reporters like General Electric, with even non-reporters like Wal-Mart now lining up to report. Some of the most interesting reports now come from non-OECD countries. Their focus is different, concentrating on issues like black economic empowerment and new business approaches like micro-credit."

See full Article.