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Showing posts from August, 2011

Does sustainabilit reporting make successful companies?

See the full PwC GMA financial report here [pdf]. An analysis of the financial performance of CPG companies alongside sustainability reporting shows companies that report have stronger financial results. Disclosure on sustainability, particularly greenhouse gas emissions, continues to spread through the corporate world, and the information flow—whether through Bloomberg terminals, supplier sustainability scorecards, or annual reports—keeps growing. In 2010, 70% of S&P 500 companies submitted voluntary disclosures to the Carbon Disclosure Project (CDP),up from 56% in 2007. Of interest in the article: PwC looked at the financial performance of CPG companies that produced sustainability reporting, versus those that didn’t – and concluded that sustainability reporting companies were on average, more successful than their counterparts   Reporting companies had a high gross margin Reporting companies had a high median SG&A spending as a percent of sal