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Editorial Feature: Bloomberg, Dow Chemical top rankings of GRI application in new BPA research report


Editorial Feature: Bloomberg, Dow Chemical top rankings of GRI application in new BPA research report

SHELTON, CT -- (Marketwired) -- 04/08/13 -- A new research report conducted by the iCompli division of BPA Worldwide and IRAS shows that Dow Chemical scored highest among Fortune 100 companies when it comes to applying the Global Reporting Initiative's (GRI) Guidelines for Sustainability Reporting. Bloomberg topped the list of media sector companies.

The research report -- Applying GRI Guidelines for Effective Reporting: A Review of Global Media Companies' CR Reports -- is an analysis of top US and international companies' annual reports to identify key corporate responsibility (CR) reporting trends. The study focuses on global media sector companies that issue CR reports, and compares the level of reporting in the media sector against the larger universe of Fortune 100 companies issuing CR reports, as well as companies in South Africa where sustainability reporting is mandated.

The list of Top 15 media sector companies include: Bloomberg (US), Grupo Antena 3 (Spain), Publicis Group (France), Axel Springer (Germany) and Mediaset (Spain). The Top 5 Fortune 100 companies in GRI compliance include: Dow Chemical, Johnson Controls, UPS, Johnson & Johnson and Microsoft.

Although the number of companies issuing CR reports continues to grow, and along with it the number of companies using the GRI Guidelines, the research also reveals that nearly 26% of companies in the survey who issued CR reports did not include any of the GRI environmental reporting indicators. More than 50% did not report any human rights indicators.

The research report will be formally presented at a free-to-attend sustainability reporting reception, hosted by BPA, to be held on April 23rd from 4:00pm - 6:00pm at the LEED Platinum Hearst Tower in New York City.

An expert panel, including Marjella Alma, GRI US Focal Point; Michael Rea, President of South African-based sustainability consultancy, IRAS, will present the findings and participate in a Q&A session with attendees.

-------- The preceding is an American Business Media Editorial Exclusive issued via Marketwire. Neither the ABM nor Marketwire are responsible for the content of the preceding document.

Founded in 1906, American Business Media is the association of business information providers, delivering business intelligence to industry professionals worldwide, including Madison Avenue, Wall Street and the Beltway. Its 300 plus member companies reach an audience of more than 100 million professionals and represent nearly 6,000 print and online titles and over 1,000 trade shows, with well over $26 billion in annual revenues.

For more information, please contact: Glenn Schutz 203-447-2873 gschutz@bpaww.com

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