11 March 2014 — As reported by GreenBiz.com, GlobeScan and SustainAbility have produced a new Ratings Survey report as part of the Rate the Raters initiative, giving a snapshot of which sustainability ratings are considered the most credible and why.
The key finding is that non-government organisations remain the most trusted to judge corporate sustainability performance, however, ratings systems are increasingly trusted. The two most important factors identified in conferring credibility on a rating were the ability of the rating system to improve corporate sustainability performance and a focus on the “right” issues.
Another key finding was that 63 per cent of respondents believed ratings would become increasingly important in driving corporate sustainability performance.
Worldwide the ratings considered the most credible by the survey group were the Carbon Disclosure Project, the Dow Jones Sustainability Index, Access to Medicines index, FTSE4Good Index and oekom Corporate Ratings.
Download the report.
GreenBiz’s The Report report also gives a summary of several other recently released reports in the sustainable business sector.
- See our article Are all the rating tools a good sign, or just greenwash?