A Primer for Environmental & Social Disclosure

Investors who tend to have a longer investment time horizon increasingly examine business issues related to environmental and social factors. They consider the bottom line impacts that these factors can have on revenues, costs, product offerings, customer and employee loyalty, reputation and governmental and regulatory approvals, when making their investment decisions. They may look beyond the issuer, too, and consider how environmental and social issues might impact the issuer?s supply chain and thereby potentially impact the issuer?s reputation and/or ability to source needed inputs on a timely basis.