researchers form worldwide SRI serviceSeptember 2001
Socially responsible investment (SRI) research bodies from 12 countries have joined forces to provide data on companies’ social and environmental performance for institutional investors.
The Sustainable Investment Research International (SiRi) group will offer standardized profiles of the largest 500 global companies as well as SRI consultancy services.
Pensions and Investment Research Consultants (PIRC) will cover UK companies for the group, while social investment research firms from North America, Europe and Australasia will provide research information on other areas of the world.
SiRi will have a combined total of 100 company researchers at its disposal, who will focus on environmental performance, employment practices, customer relations, community involvement, governance standards and supply chains.
The group has spent the last year standardizing the research practices of its members, who will pool their research on companies in the FTSE Eurotop 300 index, Standard & Poor’s 100 in the US, and 100 Canadian and Japanese corporations. Each member will continue to research its respective national markets.
In addition to PIRC, the partners are: Kinder Lydenberg Domini from the USA, AReSE (France), CentreInfo (Switzerland), Caring Company (Sweden), Scoris (Germany), Triodos Bank (Netherlands), Michael Janzi Associates (Canada), Avanzi (Italy), ECodes (Spain), Stock at Stake (Belgium) and the Sustainable Investment Research Institute (Australia). They will be joined by a Japanese partner.
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