Australia

Details

  • Service: Audit, Accounting Advisory Services, Climate Change & Accounting Assurance
  • Industry: Financial Services, Banking
  • Type: Press release
  • Date: 24/01/2013

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Australian companies in top 10 awards ranking for sustainable business 

24 January 2013 - Australian companies rank highly in the 2013 international gold awards table for sustainable business, according to The Sustainability Yearbook 2013.
  • Strong Australian company performance across banking, mining, real estate, gambling and waste and disposal sectors
  • Increasing global focus on supply chain management

 

Australian companies rank highly in the 2013 international gold awards table for sustainable business, according to The Sustainability Yearbook 2013.

 

The 10th edition of The Sustainability Yearbook will be published by RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, and KPMG International at the World Economic Forum Annual Meeting in Davos, Switzerland on 23 January 2013.

 

Every year RobecoSAM assesses the sustainability performance of more than 2,000 companies worldwide across 58 sectors. Based on an in-depth analysis each company is scored on up to 120 financially material economic, environmental, social and governance criteria specific to its own industry with a focus on long-term value creation.

 

The results are published in The Sustainability Yearbook as a guide to investors on which companies are doing most to address the risks and opportunities of sustainability.

 

Adrian King, Head of Climate Change & Sustainability, KPMG Australia said: "Business is entering a period of unprecedented opportunity and risk due to a potent cocktail of megaforces including climate change, population growth, water scarcity, urbanisation and ecological decline. Given the complexities of these issues, investors are finding it very hard to incorporate the impacts of these megaforces into their analyses of companies. The Yearbook provides the best analysis of corporate sustainability covering multiple sectors and geographies."

 

Michael Baldinger, CEO, RobecoSAM, said: "Since we launched our first Sustainability Yearbook 10 years ago, it has become the reference book on corporate sustainability. Over the last decade, sustainability has become an essential item on corporate agendas and companies have made such great strides that today it is much harder for them to stand out against their peers and make into The Yearbook. We congratulate them on their success and are convinced that this competition benefits all stakeholders and shareholders."

 

One area of analysis that has seen vast improvement over the last ten years is supply chain management, as more companies are recognising the need to look beyond their own operations to understand the full economic, environmental and social impact of their business activities.


"The growing trend of companies outsourcing parts of their production or services opens them up to new challenges in managing reputational risks and corporate social responsibilities associated with their supply chains," said Mr King. "However, the right supply chain management strategy can also help companies capture opportunities."

 

Companies that received gold are the top-performing company within each sector. Other companies whose scores are within 1 percent of their sector leader's score are also included in the gold category. A total of 67 companies worldwide have been recognised with gold in The Sustainability Yearbook 2013, which corresponds to just 2.5 percent of all companies assessed.

 

Australian companies awarded gold:

  • ANZ (banks)
  • GPT Group (real estate)
  • Tabcorp Holdings Ltd (gambling)
  • Sims Metal Management Ltd (waste & disposal services)

 

Australian companies awarded silver:

  • Westpac (banks)
  • Woolworths (food & drug retailers)
  • Stockland (real estate)

 

Australian companies awarded bronze:

  • Qantas (airlines)
  • NAB (banks)
  • Amcor (containers & packaging)
  • AGL (electricity)
  • Transurban Group (industrial transportation)
  • BHP (mining)
  • Santos (oil & gas)
  • Woodside (oil & gas)

 

Among the five largest sectors, banks and real estate have had the biggest improvement in average scores since 2004 (+14 percent for banks and +8 percent for real estate).


Position

Country

No. of gold awarded

1st

United States

9

2nd

Germany

6

2nd

Korea

6

4th

United Kingdom

5

4th

France

5

4th

Spain

5

7th

Netherlands

4

7th

Australia

4

7th

Taiwan

4

10th

Canada

3

10th

Italy

3


Media enquiries

Kristin Silva

Head of Public Affairs

KPMG in Australia

+61 2 9335 8562, 0411 110 953

ksilva@kpmg.com.au

Avilyn Tan

Communications Manager

KPMG in Australia

+ 61 3 8626 0943, 0428 435 095

avilyntan@kpmg.com.au

 

The Sustainability Yearbook 2013

The 2013 edition of The Sustainability Yearbook is aimed at helping companies measure and enhance their corporate sustainability performance.