Based on 15 case studies as well as a literature review, this study assesses the links between corporate environmental governance and financial performance.
The overall evidence of the study is strongly supporting the argument that sound environmental governance policies, practices and performances are likely to improve in improved financial performance. More detailed findings of the study include:
Case studies of the companies include: Jupiter Ecology Fund, Winslow Green Growth Fund, Integrated Oil& Gas, EU and US Electric Utilities, Forest& paper Products, Water Utilities, 3M, Baxter International, The Co-operative Bank, Iceland, Monsanto, PSE Peugeot Citroen, Shell, Vestas Wind Systems, Xstrata Plc.
A key challenge facing many resource-rich countries is how to mobilize and effectively use volatile revenues from resource extraction, while addressing social and environmental externalities of mining activities.
A decent environmental quality is a necessary condition for survival of humankind in general and human development in particular. Environmental pollution is a great challenge in developing countries, where especially the poorest are most likely to suffer.
The report shows evidence of the potential benefits of adopting sustainability as a business strategy. It also shows a dramatic shift in banks' awareness of these benefits.