/PRNewswire/ Amid pending action by the Securities and Exchange Commission (SEC) to implement sustainability disclosure requirements for publicly traded.
Global ESG Study Shows Miserable Environmental Transparency for Dow Jones Companies
Honeywell and Microsoft Score Dead Last Worldwide
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WASHINGTON, March 5, 2021 /PRNewswire/ Results of a new analytic survey published by Global ESG Monitor (GEM) showed that U.S. companies in the Dow Jones Industrial Average (DJIA) generally had miserable scores in reporting their non-financial progress on Environmental, Social and Governance (ESG) goals. Nineteen of the 30 Dow companies fell in the bottom 50% of the 140 companies analyzed worldwide.
Most American companies failed to match the top scores of international firms listed on leading indices in the U.S., Germany, Europe and Australia. At the bottom of the Dow field was Microsoft s (MSFT) independent sustainability report, which scored just 3 points based on quality-evaluation criteria such as transparency, comparability, and reliability. Four U.S. companies in the bottom five ran