Tuesday, July 10, 2007

Goldman Sachs Report: Stocks of Companies That Implement Sustainable Practices Perform Better

This is my favorite kind of Conservation Value story: a new report from Goldman Sachs details significant findings regarding the business value of sustainability.

Fresh off the GreenBuzz newsletter:

A report released at the (UN Global Compact Leaders Summit in Geneva) summit by Goldman Sachs (Download-PDF) showed that among six sectors covered -- energy, mining, steel, food, beverages, and media -- companies that are considered leaders in implementing environmental, social and governance (ESG) policies to create sustained competitive advantage have outperformed the general stock market by 25 per cent since August 2005.

The argument that doing what's right for the environment harms the economy continues to crumble.

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