SustainAbility is thrilled to be on the cusp of launching our latest research report, Signed, Sealed…Delivered? In addition to the global public release online and in print November 16th, we will host in-person launch events in Washington, DC and London on November 16th and 18th, respectively, where our findings will be debated and dissected in workshop format with representatives from certification and labeling initiatives, engaged businesses and other stakeholders.

While in London in late September, I attended the release of Coca-Cola Enterprises’ (CCE) Sustainability Plan. Titled Deliver for Today: Inspire for Tomorrow, the plan represents a major step forward for the company. The launch was silky smooth – an in-studio event filmed at The Hospital Club in London’s Covent Garden, kicked off by CCE’s CEO John Brock, featuring a panel of accomplished business and NGO leaders assembled to assess the plan that was moderated by Catherine Cameron of the University of Cambridge Programme for Sustainability Leadership, and all unfolding in front of an expert audience containing the likes of Marks & Spencer Chairman Robert Swannell and Two Tomorrows Executive Chairman Mark Line.

I’ve just returned from a visit to Philadelphia and New York last week where I had the opportunity for in-depth conversation with students and faculty at Wharton Graduate School of Business, as well as business and thought leaders from Coca-Cola, Johnson & Johnson, SAP, Unilever, Interbrand, Ogilvy, GRI, Corporate Responsibility, SustainAbility, The Economist and many others. All of these conversations touched on how we are unfolding our thinking about, and finding ways to measure, new forms of value that business might deliver to its customers and other stakeholders in the future. Underpinning these rich and varied conversations was the growing drumbeat, launched in New York, of #occupywallstreet. This growing movement is yet another indicator of the pressure on business to demonstrate its ability to extend its focus beyond profit to other forms of value creation for broader swaths of society.

The fact that the focus of #occupywallstreet seems to center on “corporate greed” as the target of its aggregated angst is just one sign of disconnect between business and the stakeholders to whom business is supposed to be delivering value.

A question and answer with Wood Turner and Mike Bellamente of Climate Counts, one of the ratings profiled in SustainAbility’s Rate the Raters research series.

1) Looking at the Phase Four paper of Rate the Raters, what resonates most with you?

Now that corporate sustainability ratings have been around awhile, SustainAbility’s Rate the Raters project helps us gauge what the future holds. The phase four paper establishes that rating standards will require greater differentiation moving forward, and that raters will need to distance themselves from the overly saturated data compilation side of the business in order to remain competitive. We at Climate Counts certainly believe this to be true; indeed, if our goal is to point the business community in the direction of climate change awareness and leadership, it should be done with clarity and efficiency, not complexity and duplication.

As Rate the Raters pointed out, we are indeed witnessing a proliferation of “sustainability-related“ ratings, but these come in many different sizes and flavours, making comparison difficult. While some are directed towards consumers, others are akin to corporate reputation barometers, others are issue-specific, and still others are largely driven by ethical considerations. Only a handful seek to provide investors with a comprehensive view on a company’s performance and its ability to address long-term challenges compared to its peers, and can therefore be considered truly “mainstream” from an investor’s perspective.

I’ve spent most of my career working on some aspect of company evaluations or ratings, and all I can say is that if there was an easy single answer to “which is the best company?”, I could be retired on a lovely beach somewhere.

In my own view, the current discussion of the usefulness and quality of sustainability ratings and rankings is more hopeful than discouraging. If I look back over the past decade, many ratings and rankings have greatly improved their quality and methodology. Companies are more transparent and more managers and corporate executives are asking questions about how to drive value through corporate responsibility (driven in part by the attention and competition generated by ratings).

Sustainability challenges are enormous. Ratings can help drive attention and capital (financial, human, consumer) to those companies best positioned to address these challenges. Rate the Raters is a project that aims to make sense of the expanding universe of corporate sustainability ratings and rankings and to improve the quality and transparency of such ratings.

Effective employee engagement is more essential than ever, both for sustainability and core business success.

Highlights of feedback and reactions we’ve received so far, and a call for your opinions as we turn to phase four.

2011 needs to be the year, and the start of a decade, of absolutes.

Reflections, observations and trends (in no way exhaustive) from 2010.

Sustainability ratings are more important than ever, which is why they must be improved.

How can companies set ambitious GHG emission reduction targets without jeopardizing financial growth objectives?

Summary of Obama's press conference at COP 15.