New authority on integrated reporting solution to CSR?

Michael Muyot, President & Founder of CRD Analytics, posted on Justmeans yesterday about the recent announcement of a new, single global authority on integrated reporting. The International Integrated Reporting Committee (IIRC) was formed to create a universally recognized reporting framework for integrated reporting.

This past December The Prince of Wales convened a high level meeting of investors, accounting bodies, companies, decision-makers in standard setting and UN representatives. An agreement was made that the Global Reporting Initiative and the Prince’s Accounting for Sustainability (A4S) should work together with other organizations to establish an international body that oversees the creation of a universally recognized integrated reporting framework that connects financial and sustainability reporting.

Six Thousand US Companies Support Climate Change Legislation

Last week, SocialFunds.com ran an article stating that six thousand US companies are in support of climate change legislation. This number came from an analysis conducted by American Businesses for Clean Energy (ABCE) where they tallied up membership in seven coalitions and initiatives, including We Can Lead and the US Climate Action Partnership.

These companies employ an estimated 3.5 million people, represent more than $2.6 trillion in market cap and totaled $3.5 trillion in estimated revenue in 2009. Of these companies, 21 were Fortune 100 companies and 49 were Fortune 500 companies, including Target, Boeing, General Electric, Ford, IBM and United Technologies.

Christopher Van Atten of ABCE said “This unprecedented outpouring of business support for real leadership from the White House and US Senate on clean energy and climate should be a wake up call for elected officials in Washington” (SocialFunds.com).

To read the full article please click here.

What do you think? Is this analysis enough to make the government stand up and take notice? What does it really say about the corporate world’s stance on energy and climate change? Let’s hear your thoughts!