On March 21, 2013 the Network for Business Sustainability (NBS) published a success story, entitled, “Improving corporate transparency and sustainability in South Africa: University develops corporate governance rating matrix.”
The success story profiles the Centre for Corporate Governance in Africa of the University of Stellenbosch Business School, South Africa. Anna Yortt, Research Manager, describes how the Centre helped develop an environmental, social and corporate governance (ESG) matrix:
“The matrix uses only publicly available information. It evaluates companies on:
- Their level of disclosure. This approach encourages companies to share more information, increasing transparency.
- Their performance, with a focus on the long term. Companies are evaluated in many areas, including their boards, individual directors, executive management, remuneration, shareholder treatment, auditing and accounting practices, reporting, corporate behavior, environmental behaviour, health and safety and corporate culture.”
You may read the success story on the NBS internet site.
For more information about the matrix, please visit the PIC Corporate Governance Rating Matrix page of the Centre for Corporate Governance in Africa’s site.