CSRHub Connects to Sustainable Platform
As previously seen on the CSRHub blog.
Founded in 2017 and based in Perth, Australia, Sustainable Platform is a SaaS database that provides access to crucial and transparent sustainability & SDG (UN Sustainable Development Goal) performance data for thousands of global companies. We recently brought Sustainable Platform's data on 23,000 entities into CSRHub's big data consensus ESG ratings system.
One of Sustainable Platform's foci is providing feedback on company performance relative to the UN Sustainable Development Goals. It also offers metrics on social, environmental, and sustainable technology performance. We were particularly interested in an indicator of an entity's greenwashing activity.
We have always been concerned that our ratings might be influenced by greenwashing. (Per the UN: 'Greenwashing is a deceptive practice where companies make misleading claims about their environmental impact to gain market share.') Our ratings get input from many stakeholders who could be influenced by a greenwashing company's deceptions. We hoped that having multiple sources with different perspectives would guard us against greenwashing effects. But we had no good way to check.
We matched Sustainable Platform's assessment of greenwashing activity to CSRHub's Overall Rating for 17,138 entities. We were pleased to see an indication that greenwashing seems to have very little direct effect on our ratings.
Greenwashing May Have Only a Small Effect on CSRHub Scores
* Average rating for September 2024.
We love to see new ideas—new ways to examine how entities are responding to the demands from their stakeholders for information and better social performance. We will soon release an SDG 'calculator'—a way to estimate what an entity's performance may look like from the perspective of the UN's SDG system.
We hope to match this to Sustainable Platform's direct observation of entity SDG performance. We can then both check the quality of our tool and look for places where company reporting to SDGs is not being understood by our ESG ratings community.
Statistical Analysis on Greenwashing Impact
We checked to see if the half-point difference between high-risk and the other levels was significant. We saw a z-score of -1.6 when we compared the means for the moderate and high scores.
This suggests there is about a 95% chance they are different and that the high-score entities do get a small benefit from their greenwashing activity.
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub's business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 57,528 public and private companies, and provides ESG performance scores on over 38,833 companies from 134 industries in 156 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 967 sources to produce a strong consensus signal on corporate sustainability performance. Interested in learning more about CSRHub? Click here.
Sustainable Platform provides independent sustainability data and metrics on public and private companies to institutional investors and insurance companies globally. Since 2017, SP has offered asset owners and managers—with over $20 trillion under management—up-to-date sustainability data through its proprietary software and analytics. SP's platform delivers unique, scientifically driven ways to measure risks, enhance portfolios, and independently verify if companies and funds align with their policies and mandates.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Prologis, Inc. (PLD): A Bull Case Theory
We came across a bullish thesis on Prologis, Inc. (PLD) on Business Model Mastery's Substack. In this article, we will summarize the bulls' thesis on PLD. Prologis, Inc. (PLD)'s share was trading at $108.60 as of 30th May. PLD's trailing and forward P/E were 27.08 and 47.17 respectively according to Yahoo Finance. A worker operating heavy machinery on a large construction site, at the center of a bustling city skyline. Prologis is a dominant force in global logistics real estate, managing 1.3 billion square feet across 20 countries. Its strategic emphasis on Last Touch® facilities near major urban centers ensures superior delivery speed and consistently high tenant demand, reflected in its 96%+ occupancy and strong lease mark-to-market gains of approximately 30%. This positions the company for steady, organic growth with a structurally embedded advantage. Adding to its defensible moat, Prologis controls a vast and irreplaceable land pipeline capable of supporting $41.5 billion in future logistics development, including $0.9 billion earmarked for data center conversions. In a landscape where urban zoning restrictions create meaningful entry barriers, this land bank offers long-term development flexibility and competitive protection. Operationally, the company benefits from immense scale while maintaining a lean cost structure. Its general and administrative expense ratio continues to decline as its asset base expands, allowing it to boost margins by leveraging shared infrastructure and partnerships. A critical driver of Prologis's financial engine is its capital flywheel—$56.3 billion in co-investment ventures where it earns recurring fees and performance-based incentives with only modest equity exposure of 15–55%, significantly reducing risk while enhancing returns. Most of these ventures are either long-duration or open-ended, ensuring lasting capital support. Further reinforcing tenant relationships, its Prologis Essentials platform integrates sustainability solutions like LED lighting and solar installations (626 MW deployed), now embedded in all eligible new developments. This ecosystem of ESG-driven value-add services enhances tenant retention and underscores Prologis's comprehensive, multi-pronged strategy for long-term, capital-efficient growth. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of this on Harley Davidson, Inc. (HOG). Prologis, Inc. (PLD) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 55 hedge fund portfolios held PLD at the end of the first quarter which was 55 in the previous quarter. While we acknowledge the potential of PLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Boston Globe
a day ago
- Boston Globe
US companies delay impact reports with DEI, ESG under attack
Nike joins a growing list of companies that includes JPMorgan Chase & Co., Constellation Brands Inc. and Akamai Technologies Inc. that are either canceling or delaying publication of their so-called sustainability or corporate impact reports for shareholders. While companies aren't legally obliged to disclose such information, most S&P 500 members did so in 2024. For more than a decade, this is usually the time period when companies tout the steps they're taking to lower carbon emissions and improve the diversity, equity, and inclusion of their businesses. Opposition to these reports first surfaced about three years ago when GOP lawmakers and activists began pressing companies to scale back such efforts. And some companies have reacted by taking steps such as scrubbing ESG and DEI-related words from public documents. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The election of President Donald Trump has further empowered the anti-DEI movement. During his first week in the White House, he signed executive orders ending federal diversity programs and restricting gender definition to two sexes — male and female. None of the companies contacted said Trump's actions changed their planning for releasing sustainability reports. Advertisement 'The consequences of reported information are much greater now than they were a decade ago,' said Martin Whittaker, chief executive officer of JUST Capital, noting that both progressive and conservative activists are searching for evidence of companies' missteps. Advertisement Whittaker estimates that about 25 percent of sustainability-related corporate reporting is behind schedule this year. Here are some of the S&P 500 companies that have yet to publish sustainability reports, according to researchers at DiversIQ. Nike, JPMorgan, Constellation Brands, and Akamai Technologies have different explanations for why their sustainability reports haven't been published this year. Nike said in an email that it still plans to share the work it's doing to create a more inclusive and sustainable world for athletes in other formats and that its commitment to diversity goals for 2025 hasn't changed. In a regulatory filing, JPMorgan said it plans to release a consolidated report on ESG and climate topics later this year. However, the bank added that it will 'monitor the evolving disclosure landscape as we iterate on our approach to disclosure.' JPMorgan published its '2024 Climate Report' in November. At Constellation Brands, a spokesperson said the timing of the publication's release was adjusted after receiving 'stakeholder feedback.' The next report is scheduled to be issued next month, the spokesperson said. Cambridge-based cloud computing and cybersecurity company Akamai said its data-center vendors were partly to blame for a delay in publication until the end of this quarter. The company wasn't more specific. For the past several years, Pfizer Inc. had published an impact report by April. When contacted last week about the delay in publication, a company spokesperson said the timing was adjusted to 'allow for necessary internal processes in preparation for evolving global ESG (environmental, social and governance) reporting requirements.' The company released its report this week. Advertisement The lack of information is a blow, even if temporary, to corporate transparency. Many shareholders rely on the disclosures to gauge how serious companies are about addressing ESG issues, inequities in the workforce and other factors that can impact the short- and long-term value of their investments. Activist investors who've pressed companies to release more data on DEI and climate initiatives have been willing to cut companies some slack this year, given the heightened scrutiny from the Trump administration. Andrew Behar, CEO of As You Sow, which supports social responsibility, said executives have been asking him privately for some flexibility in what information they release this year. 'We told them to not put themselves at risk right now,' Behar said. 'That isn't good for anyone.' And the caution is warranted, said GianCarlo Canaparo, senior legal fellow at the Heritage Foundation, a conservative think tank that has warned against possible discrimination in company DEI programs. Corporate leaders are aware that Trump has asked agency heads to identify nine companies or organizations that should be investigated for possible illegal DEI activities, Canaparo said. So far, the names haven't been made public, but it's clearly on companies' radar, he said. 'If you have been using race preferences, you really want to make sure you don't get caught,' Canaparo said. 'And if you haven't, you want to make sure you aren't dragged into litigation to explore whether you have.' Mathieu Benhamou and Fiona Rutherford contributed to this report.
Yahoo
a day ago
- Yahoo
Oxford University and AICPA launch sustainability reporting
The Saïd Business School of Oxford University in the UK and the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) have announced their second joint executive management programme focusing on sustainability reporting strategies. The eight-week Sustainability Reporting and ESG Data Management Programme is designed for senior finance professionals, consultants, auditors, and risk managers. It aims to equip participants with expertise in globally recognised frameworks, including those from the Task Force on Climate-related Financial Disclosures (TCFD), International Sustainability Standards Board (ISSB), Sustainability Accounting Standards Board (SASB), and European Sustainability Reporting Standards (ESRS). The programme emphasises integrating ESG data into decision-making, leveraging technology for business value, establishing good governance and control systems for sustainable growth, and identifying best practices for sustainability assurance preparation. It features multimedia learning materials, webinars, and optional weekly group sessions led by course tutors. Participants will receive a digital certificate co-signed by Saïd Business School and AICPA and CIMA upon completion, and gain access to a global network through Saïd Business School's alumni community. The programme is expected to offer continuing professional education (CPE) credits, with the first cohort starting on 1 October 2025. This follows the two institution's earlier collaboration on the ESG and Sustainable Financial Strategy programme, launched in Autumn 2023. That quarterly course, which offers 26.5 CPE credits, takes a broader approach to sustainability, covering organisational decision-making and resource allocation. Its next cohort begins on 24 September 2025. University of Oxford Saïd Business School Accounting associate professor Amir Amel-Zadeh said: 'Finance leaders sit at the intersection of strategy, compliance, and value creation. 'Fluency in sustainability reporting and ESG data management is therefore key. This program equips finance professionals not only with the technical knowledge to meet evolving standards but also with the strategic insight to embed sustainability into the core of decision-making by translating ESG data into actionable insights.' In Msy 2025, the AICPA reiterated its stance against the proposed limitations on state and local tax (SALT) deductions for specified service trades or businesses (SSTBs) in the One Big Beautiful Bill Act. "Oxford University and AICPA launch sustainability reporting" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
