U.S. companies boost sustainability scores - Refinitiv data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. companies' sustainability ratings rose in 2020, based on data from Refinitiv, as investors put more pressure on corporate boards to improve their environmental, social and governance (ESG) credentials and as authorities propose tougher disclosure rules.

Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Hartman/File Photo

To help rank companies' efforts, a number of data providers, including Refinitiv, assess corporate disclosures and other data sources. Investors can use them as a starting point for their own analysis before deciding whether to invest. Fionna Ross, senior ESG analyst at Aberdeen Standard Investments, said: "Since the beginning of this year alone, we have been contacted by several U.S.-based companies asking for our input as they navigate through publishing their first sustainability reports."International accounting body the IFRS Foundation, for example, isplans for rules to govern company disclosures of risks from climate change.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Do you think this is what people really need right now?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

France Spent €26 Billion In 2020 To Bail Out Its Wounded Tourism IndustryTourism aid in France has cost €26 billion since the start of the Covid-19 crisis. Secretary of State for Tourism Jean-Baptiste Lemoyne divulged the figure during a recent interview on BFMTV.
Source: Forbes - 🏆 394. / 53 Read more »