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...