Ten Trends Towards Truth And The Tipping Point For Corporate Disclosure

This blog was originally posted on Sustainable Industries and Triple Pundit.

In honor of the release of Trendwatch 2012, follow posts about sustainability and economic recovery on Sustainable Industries all week. Please also join Sustainable Industries and CSRHub Co-founder Cynthia Figge for a free webinar on February 29th on the role of sustainability in economic recovery.

By Cynthia Figge

Shakespeare’s dictum came into its own last year, as truth-telling drove the Arab spring, stirred the Wikileaks controversy, and brought down a series of politicians and candidates. We believe that corporate truths “will out” soon, thanks to the convergence of a number of powerful trends that will encourage more corporate transparency.

Corporations and other organizations have been gradually increasing their disclosure about their non-financial activities and behavior for years. A KPMG study recently found that 95% of the 250 largest companies in the world now report on their corporate responsibility. The penetration of reporting in Europe is especially high—over 70% of the companies they studied.

To read the ten trends of corporate disclosure, click here>>

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 Cynthia Figge, co-founder and COO of CSRHub, is a forerunner and thought leader in the corporate sustainability movement. In 1996, she co-founded EKOS International, one of the first consultancies integrating sustainability and corporate strategy. Cynthia has worked with major organizations including BNSF, Boeing, Coca-Cola, Dow Jones, Noranda and REI to help craft sustainability strategy integrated with business. She was an Officer of LIN Broadcasting/McCaw Cellular leading new services development, and started a new “Greenfield” mill with Weyerhaeuser. She serves as Advisor to media and technology companies, and served as President of the Board of Sustainable Seattle. Cynthia has an MBA from Harvard Business School. Cynthia is based in the Seattle area. 

CSRHub provides access to corporate social responsibility and sustainability ratings and information on nearly 5,000 companies from 135 industries in 65 countries. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world.

CSRHub rates 12 indicators of employee, environment, community and governance performance and flags many special issues. We offer subscribers immediate access to millions of detailed data points from our 140-plus data sources. Our data comes from six socially responsible investing firms, well-known indexes, publications, “best of” or “worst of” lists, NGOs, crowd sources and government agencies. By aggregating and normalizing the information from these sources, CSRHub has created a broad, consistent rating system and a searchable database that links each rating point back to its source

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