C-SocPhil Calls for Mandatory Sustainability Reporting
Joshua Humphreys calls on the SEC to mandate corporate sustainability reporting of environmental, social and governance issues.
BOSTON — The Center for Social Philanthropy’s director Joshua Humphreys, a lecturer at Harvard University and a Senior Associate at Tellus Institute, has joined social investors today in calling on the SEC to mandate corporate sustainability reporting of environmental, social and governance issues.
Sustainability issues are core to the concerns of long-term investors such as philanthropic foundations, so companies need a new regulatory regime for reporting on their social and environmental issues and their governance policies and practices.
The Global Reporting Initiative (GRI) provides the gold standard for sustainability reporting, so C-SocPhil urges the SEC to align its disclosure reforms with the high international standards set by the GRI.
The full text of the letter can be viewed online here.
