16 Jun. 2010 | Comments (0)
- Directors almost never rely on additional sources to help them critically verify and analyze any internal information on sustainability matters. (Nearly 90 percent rely on reports from management.)
- Efforts to create enterprise-wide sustainability programs are fragmented and most don’t use metrics to link executive pay to social or environmental accomplishments.
- Standardization and benchmarking are lacking. (Nearly three-fourths don’t use widely endorsed standards.)
- Reporting is not always so meaningful.
- Rising activism may make the difference. (About 60 percent have received a sustainability-related request from an activist shareholder.)
- A total of 142 country standards and/or laws with some form of sustainability-related reporting requirement or guidance.
- Approximately two thirds (65 percent) of these standards can be classified as mandatory and one-third (35 percent) as voluntary.
- A total of 16 standards with some form of reporting requirement at the global and regional level.
- A total of 14 assurance standards.