UK companies failing to communicate ESG

The UK’s top companies are falling behind their counterparts in providing sustainability information on their websites, finds a new survey.

Webranking ranks the UK’s top 200 companies through their corporate websites, found UK companies do not live up to expectations when it comes to providing sustainability information: Only 43 per cent of the ranked companies provide their sustainability strategy, which compares with 60 per cent of other European companies.

Only 29 of the 200 ranked companies provide a materiality analysis clearly stating the prioritised ESG topics.

Now in its 25th year, Webranking, compiled by Comprend, is based on stakeholder expectations. The annual survey asks over 500 investors, journalists and jobseekers about their expectations when it comes to a company’s corporate website, via three surveys.

Head of research at Comprend Helena Wennergren said: “Every year we see in our research that sustainability information is becoming increasingly important for all stakeholder groups, from investors to jobseekers. Because of this it is important for companies to clearly demonstrate that sustainability is a strategic priority on their corporate website.”

On the positive side, this year has a new UK top performer is Coca-Cola HBC, followed by BP, Shell, Centrica and then Unilever.

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