Hill+Knowlton Strategies’ sustainability and CSR practice has launched an integrated reporting tool that brings together financial, environmental, social, and governance data together into one form.
The firm has partnered with Harvard Business School professor Robert Eccles and his firm Glenelg Partners on the new offering. Eccles’ research has found that companies that have taken big steps in the areas of sustainability and good governance do better financially in the long run, both for themselves and for investors. As such, this tool is being touted as a way to improve the financial performance of those who use it.
“Investors find less risk in more transparent companies because there is less uncertainty about their ability to deliver expected financial performance,” Eccles says in a statement.
Robert Ludke, SVP of H+K’s D.C. office will lead this new service and Eccles will advise.