S&P 500 Firms Expand Sustainability Data in Financial Filings, But Slow to Adopt Fully Integrated Reporting.
"78 percent of S&P 500 companies issue a sustainability report… Among companies that issue sustainability reports, 95 percent offer quantified, annually comparable environmental performance metrics; two-thirds set quantified and time-bound environmental goals. Some 86 percent offer social performance metrics, but only 40 percent set quantified social goals."
[COMMENTARY]Many companies may not acknowledge climate change, but they know that demonstrating an interest in it and providing some metrics is good for their stock prices. There’s still the issue that most companies issuing sustainability reports don’t have that data independently verified and audited. That being said, we’re seeing great progress in such reporting!
S&P 500 Firms Expand Sustainability Data in Financial Filings, But Slow to Adopt Fully Integrated Reporting, press release, November 14, 2018, IRRC Institute, USA.