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Published on June 12th, 2008

Sustainability Reporting Finally Tied to Higher Corporate Margins

by Francine Hardaway

More and more evidence is coming out that sustainable practices can make companies more profitable in addition to saving the planet. For the first time, one of the “Big Four” accounting firms has tied The Food, Beverage, and Consumer products Industry – Achieving Superior Financial Performance in a Challenging Economy – 2008,” from GMA and PricewaterhouseCoopers. The analysis was based on 60 large companies, 27 that reported sustainability data and 33 that did not.

The ones that reported sustainability data had the highest gross margins and the greatest return to shareholders, because their operating and investment decisions were geared to reducing waste and optimizing resources.

Francine Hardaway

Francine Hardaway

Working with startup technology companies, entrepreneurs, and social causes. Angel investor, business coach, mom, yoga practitioner, blogger, golden retriever fan, social media junkie. Connected woman.

More articles by Francine


Comments

  1. zfolwick

    posted on June 12th, 2008 at 8:48 pm

    Shamelessly copy/pasted since I have no other way to get in touch with the author to ask, however– I also dugg your original article

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