Tuesday, December 04, 2007
Sustainability Issues All Over the Map at Large Cap Companies
An extensive study from RiskMetrics shows sustainability governance among companies varies widely from country to country, and from sector to sector.
Not only do large cap companies' environmental and ethic policies differ considerably from sector to sector, they also vary widely within sectors as well finds a new study from the RiskMetrics Group. The Washington DC-based research group spent a year studying over 1,700 companies, drawing from companies found in the S&P 500, the Toronto Stock Exchange 300, and the Morgan Stanley EAFE index (excluding Japan.).
RiskMetrics looked at over 200 different policy and performance indicators concerning climate change, the environment, ethics, human rights, and labor. Corporate performance was viewed "using a governance risk lens" including board oversight, management policy, and public disclosure.
See full Article.