10 Apr '12, 12pm

Why corporate boards should listen to investors on sustainability

Why corporate boards should listen to investors on sustainability

A recently published white paper from Ernst & Young asks corporate boards if they are prepared for a focus by investors on sustainability issues. The results of the 2011 proxy season have set the stage for what will occur in 2012, and the paper states that "a confluence of factors…are working to sharpen attention on the 'triple bottom line' of environmental, social and economic performance." For the third straight year, the paper continues, proposals addressing sustainability issues "will dominate other major proposal categories." Furthermore, voting support for such proposals is likely to continue to increase in 2012. "Investors will challenge boards to further improve oversight on hot-button environmental and social issues and to enhance stakeholder communication around these topics," the paper states. A clear example of the extent to which the concerns of sustainable in...

Full article: http://www.greenbiz.com/blog/2012/04/10/why-boards-should...

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