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Unilever, M&S and BT top sustainability reporting

ESG Investing Saturday 5 October 2019 11:59 GMT

Unilever, Marks & Spencer and BT have been ranked highest for sustainability reporting for FTSE100 companies by EcoAct.

In a ranking of FTSE 100 companies, Unilever came top for sustainability reporting and for its plans to tackle climate change issues. Marks & Spencer came second and BT Group third. Companies were scored in the following areas: measurement and reporting, strategy and governance, engagement and innovation, and best practice. Scoring was based on environmental issues such as carbon emissions, deforestation and engagement with the UN’s Sustainable Development Goals.

The report by environmental consultancy EcoAct also found 81% of FTSE 100 companies had an emissions reduction target, but 85% of those do not have a sufficient strategy in place to limit global warming to safe levels.

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