18 Jul '11, 12pm

6 Tips for Making Sustainability Ratings More Meaningful: The number of sustainability indexes has shot up in th...

6 Tips for Making Sustainability Ratings More Meaningful: The number of sustainability indexes has shot up in th...

1. Many ratings are not financially sustainable, they must be financially viable. "There is currently too little demand and funding for the number of ratings that exist today," the report said. 2. There will be greater demand for fewer, higher quality ratings that provide increased transparency. "Quality will be the key driver in determining which ratings survive, and those which do will have greater resources to invest in people, training, quality management and other areas that will result in better ratings (thus creating a virtuous circle)," said the report. 3. Ratings providers should compete on data analysis not data. "Raters currently compete on the most commoditized part of the value chain, with each rater using their own criteria and questions which is inefficient for all parties," Sadowski said in a video presentation on the report. "In the future we envision a mo...

Full article: http://www.greenbiz.com/news/2011/07/18/6-tips-making-sus...

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