S&P 500 Corporate Sustainability Reporting in 2014 | Sustainability Consulting

SOURCE: GOVERNANCE & ACCOUNTABILITY INSTITUTE, INC.

 G&A Institute:
Sustainability reporting has become the clear norm in the U.S. capital markets as represented by our four year study of the S&P 500*.  Over the last four years there has been significant uptake in sustainability reporting from just 20% in 2011 to 75% in 2015, demonstrating the necessity of measuring and managing ESG issues in response to growing stakeholder and stockholder demands.   

 

 

 

 


New York, New York  — June 8, 2015 — In a thorough analysis just completed by the Governance & Accountability Institute research team, seventy-five percent (75%) of the companies included in the S&P 500 Index® were found to have published a sustainability or corporate responsibility report.

 The S&P Index is one of the most widely followed barometers of the U.S. economy, and conditions for large-cap public companies in the capital markets.

 To put this in context G&A in tracking prior year(s) reporting found that:

 

  • in 2011, just under 20% of S&P 500 companies had reported;
  • in 2012, 53% (for the first time a majority) of S&P 500 companies were reporting;
  • by 2013, 72% were reporting — that is 7-out-of-10 of all companies in the popular benchmark.

 

As we entered year 2015, just 25% of the S&P 500 were not publishing sustainability reports. The number of companies reporting is holding steady year-to-year. The chart below represents the trends of S&P 500 sustainability reporting over the last 4 years:


Comments
Louis D. Coppola, Executive VP of G&A Institute, who designed and coordinated the analysis, notes:  "We are seeing clear indications over the past four years in our research and work with our corporate clients that boards of directors and executive management understand the importance of adopting and implementing strategies, programs and initiatives that reflect the keen interest of investors and stakeholders in corporate sustainability."

"Companies headquartered in the United States of America are publishing sustainability reports in substantial and now steady numbers.  Along with the volume of reporting we see a greater maturity of sustainability reporting with an increased focus on the part of corporate reporters on materiality, comparability, balance and context of content to meet rising stakeholder expectations."

The Missing Among Corporate Sustainability Reporters
The chart below contains the number and percentage of companies from the sectors in our S&P 500 study which are choosing not to report on their sustainability opportunities, risks, strategies, actions, programs, and achievements. 

 

SECTOR

NUMBER

PERCENTAGE

Consumer Discretionary

24

19.51%

Financials

24

19.51%

Information Technology

20

16.26%

Industrials

18

14.63%

Health Care

15

12.20%

Energy

12

9.76%

Consumer Staples

4

3.25%

Telecommunications Services

3

2.44%

Materials

2

1.63%

Utilities

1

0.81%

TOTAL

123

 100%


Governance & Accountability Institute's GRI Data Partner Report Analyst Research Team of talented interns contributed significantly to this research and we recognize them here:

 

  • Selene Lawrence (2015 Team Leader)
    Hunter College — BS, Geography
  • Tania Apicella
    Rutgers Business School — MBA
  • Simon Fischweicher
    Bard College — MBA, Sustainability
  • Evan Guyton
    Baruch College, Zicklin School of Business — MBA
  • John Rovetto
    William Paterson, University of New Jersey — BS, Business Management

For more information on our GRI Data Partner Report Analyst Research Interns, please visit
 
www.ga-institute.com/ the-honor-roll.html


About Governance & Accountability Institute, Inc.
A sustainability consulting firm headquartered in New York City, assisting corporations in executing winning strategies that maximize return on investment at every step of their Sustainability Journey.  The G&A team helps corporate and investment community clients recognize, understand and address sustainability issues to address stakeholder and shareholder concernsG&A Institute is the exclusive Data Partner for the Global Reporting Initiative (GRI) in the USA, UK and Ireland.  A G&A team of six or more perform this pro bono work on behalf of GRI. In 2014 they analyzed more than 1200 sustainability reports in this role and databased about 100 important data points for each report.

G&A’s sustainability-focused services and resources include: Counseling & Strategies for the Corporate Sustainability journey; Sustainability Reporting assistance; thorough Materiality Assessments; Stakeholder Engagement; Benchmarking; enhancing Investor Relations; Sustainability Communications; Manager Coaching, Team Building & Training;  Issues Monitoring & Customized Research; advice on Third Party Awards and Recognitions.

*S&P 500®
According to S&P Dow Jones Indices / McGraw Hill Financial: “The S&P 500® is widely regarded as the best single gauge of large cap U.S. equities.  There is over US$7 trillion benchmarked to the index, with index assets comprising approximately US$ 1.9 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.”  The S&P 500 is a trademarked® property of S&P Dow Jones Indices, McGraw Hill Financial. Ticker: SPX

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G&A Contact
LOUIS D. COPPOLA
Co-Founder, EVP & Chief Architect of Research Projects 
Governance & Accountability Institute, Inc. 
Tel 646.430.8230 ext 14  Email lcoppola@ga-institute.com