Ethical Performance
inside intelligence for responsible business
 

Friends Provident launches its CR Report

08/06/2007

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Friends Provident has recently published its latest CR report - available in PDF format from http://www.ethicalperformance.net/FriendsProvident_CRReport.html

Friends Provident has been reporting on its responsible business behaviour for five years. This year's report covers all the group's operations, including its asset management business F&C, and reviews
performance and progress in 2006.

Developments of note during the year include:
- the introduction of new paper stocks that contain a minimum of 80 per cent post-consumer recycled fibre
- an increase in SRI funds under management to more than GBP3billion (USD6bn)
- the launch of an employee-led community investment programme - Friends in the community - accompanied by a commitment to work towards investing one per cent of pre-tax profits in the community.

This year, for the first time, Friends Provident has also produced a summary CR report written primarily for employees. The booklet is based on the six material issues that underpin FP's CR programme: trust and confidence, responsible investment, financial capability, climate change, community and people.

To receive a copy of the booklet please email groupcomms@friendsprovident.co.uk with your details.



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