Where can I find a company's stance on the environment?

By Investopedia Staff AAA
A:

A company's stance on the environment is typically found in the company's statement on corporate sustainability. These statements can be found in corporate documents such as annual reports. However, more and more companies are putting their corporate sustainability statements on the company's website. Many companies have an entire section of their corporate website devoted exclusively to speaking about sustainable development.

Corporate sustainability is sometimes called corporate social responsibility or corporate citizenship. Corporate sustainability is a business strategy that is intended to create long-term shareholder value while taking into consideration social and environmental issues. Many corporations today have added a new executive position, that of a chief sustainability officer.

Corporate sustainability embraces the idea of sustainable development. Sustainable development can be defined as development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.

The desire to grow their business without damaging future generations is becoming central to more and more corporations. These businesses believe that a failure to account for the social and environmental impacts of their actions would eventually make future businesses unsustainable.

For more on this read, For Companies, Green is The New Black and Five Companies Leading the Green Charge.

This question was answered by Ken Clark.

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