On May 16, the Boston College Center for Corporate Citizenship and Ernst & Young released their report Value of Sustainability Reporting. The study found that sustainability reporting was linked to improved reputation in 40 percent of the companies studied. Companies were incentivized to report because of competitive advantage, interested party pressure, risk management, and transparency. Businesses cite a lack of availability and clarity of data along with a lack of internal buy-in as reasons as to why they do not report environmental and social data.