15 Jun '11, 1pm

Ceres to Build One Sustainability Rating to Rule Them All

Ceres to Build One Sustainability Rating to Rule Them All

Last October, in a blog post entitled It's Raining Ratings! , the Murninghan Post reported that of the 108 corporate social responsibility (CSR) ratings examined by SustainAbility in its Rate the Raters research program, only 21 existed in 2000. Citing SustainAbility's research, the blog post noted that CSR ratings generally relied upon information submitted by the companies themselves, "thereby rewarding companies with the greatest capacity to respond to ratings requests rather than those with the best performance." The absence of industry-specific key performance indicators (KPIs) in many ratings also made meaningful comparison difficult. Last week, Ceres and Tellus Institute , the organizations responsible for the launch in the late nineties of the Global Reporting Initiative (GRI) , announced the launch of the Global Initiative for Sustainability Ratings (GISR). The go...

Full article: http://www.greenbiz.com/news/2011/06/15/building-one-sust...

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