NY pensions urge companies to adopt "sustainability reporting"

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US - New York City Comptroller William C. Thompson Jr, on behalf of the city's five pension funds, is asking seven US-owned companies to adopt "sustainability reporting" guidelines to disclose their social, environmental and economic performance to shareholders.

According to the comptroller’s office, sustainability reporting policies “encourage corporations to support and participate in the development of communities in which they operate”. The resolutions...

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