Green corporate performance bonus identified
Further evidence that companies most committed to sustainable development show stronger market performance has come from a joint study by investment bank Morgan Stanley and environmental rating agency Ökom. The share prices of 207 "best-in-class" firms recommended by Ökom have outperformed others by nearly 17% since 2001. Ökom chief executive Robert Hassler insisted that the difference could not be put down to exceptional factors, but showed "once again that sustainability produces added value". See press release.
The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.