Sustainability Evidence And Survey Highlight - Sustainability Pays!

Sustainability in Korea is rapidly on the rise sustainable companies significantly outperform benchmark
 
Dec. 22, 2009 - PRLog -- Press Release – Sustainability Survey and ESG Trends in Korea

In autumn 2009, SolAbility conducted a corporate sustainability survey amongst professionals in Korean corporations. The results of the survey and evidence form SolAbility’s ESG research work have now been published in a report. The full report is available as PDF download here.

Highlights of the survey include:

•   187 respondents form a variety of business backgrounds
•   More than 55% of respondents say their organization has implemented sustainability activities
•   Initial sustainability activities were focused on “social responsibility” activities (ethical management, social activities), rather than strategic considerations
•   However, the view on sustainability has been changing significantly and rapidly over the last 2 years.
•   65% of respondents indicate that sustainability has become more important  at their respective company since the outbreak of the global financial & economic crisis
•   97.8% of respondents expect that their company will have fully implemented sustainability management by 2014

ESG Research highlights

•   Sustainable companies significantly outperform the less sustainable companies in terms of financial performance, both long- and short term: A portfolio of the 0 most sustainable Korean companies has outperformed the stock index (KOSPI) by more than 200% since 2002, 18% in 2009
•   Increase in sustainability activities amongst Korean corporations have been observed over recent years
•   The push for integrating sustainability has gained significant monumentum with the recent financial and economic crisis
End
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Tags:Esg, Sustainability, Csr, Korea, Performance
Industry:Csr
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