annual report ranking global leaders in sustainability. While Garcia-Manas noted that progress
is being made on sustainability she indicated that much more needs to be done.
Mark Robertson, report author and Head of Communications at EIRIS pointed to
legislation in Europe and increased public awareness. Both Garcia-Manas and Robertson said that
investors have a prominent role to play driving sustainability.
Garcia-Manas said: “There are signs that companies are making sustainability
a priority and acknowledging its importance, not only in terms of acting as good
‘corporate citizens’ but also in terms of ensuring their own long-term success.
However, it’s clear that companies need to do much more if they are to meet the
concerns of their stakeholders and investors whilst managing the impacts of
their businesses upon society and the environment in a sustainable way, both now
and in the future”.
“Big differences in corporate sustainability performance exist at the global
and regional level. Tighter sustainability legislation in Europe and more public
awareness contributes to this difference” said Mark Robertson, report author and
Head of Communications at EIRIS. “Given these differences it is vital that
investors use their influence as shareholders to drive improvements in
sustainability performance” he added.
© 2012, Richard Matthews. All rights
reserved.
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