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Corporate responsibility gains traction in Nigeria - news

By Vikas Vij — The concept of corporate social responsibility is now being embraced by a large number of organizations in Nigeria across different sectors. In the past, CSR was considered...

FTSE 100 companies asked to detail diversity policies for UK gov’t by Lady McGregor-Smith - news

By Brian Collett — The UK government has been asked to compel fund managers to request the FTSE 100 companies in which they invest to detail their diversity policies and to say how they...

Inventshift showcases social enterprises for global good - news

By Sangeeta Waldron — Social enterprises are a new way of doing business, where, by selling goods and services in the open market, the social enterprises reinvest the money they make back...

Sustainable investments deliver higher returns in UK - news

By Vikas Vij — Sustainable or ESG investing originally broke ground when fund managers began actively engaging with companies and started voting down inefficient governance decisions....

Sustainable investments deliver higher returns in UK - news

By Vikas Vij — Sustainable or ESG investing originally broke ground when fund managers began actively engaging with companies and started voting down inefficient governance decisions....

New UK Minister hails flourishing cleantech ecosystem - news

By Adam Woodhall — The Rushlight Summer Showcase took place at the Royal Geographical Society, London. Appropriately, the event took us on a journey through the flourishing ecosystem...

Brace yourself: get your telecoms and procedures ready for MiFID II - news

By Dave Millett, Equinox — MiFID (The Markets in Financial Instruments Directive) applied in the UK from November 2007. Ten years on, in the light of the financial crisis, it’s being...

Rising green bond market supports eco-friendly projects - news

By Vikas Vij — Green bonds are debt instruments designed to finance environment-friendly projects. With most of the world now more strongly aligned on tackling climate change, governments...

East Capital’s new Sustainable Emerging Markets Fund leverages proprietary ESG for alpha - news

By Roger Aitken — East Capital, an independent asset manager specializing in emerging and frontier markets that manages €2.7 billion (c.$3.08bn/£2.38bn) in public and private...

Record green energy levels not an existential threat to UK utilities - news

By RP Siegel — The future is now, or at least it was on Sunday, June 11th in the UK. That’s because on that day, a combination of bright sunshine and blustery winds, along with...

 Resonance’s social impact mission to invest in ‘Dismantling Poverty’ In Bristol raises £2.1m - news

By Roger Aitken — Social impact investment company Resonance that has pursued a mission over the last fifteen years to “connect capital with social enterprise”, has published...

M&S to tackle unemployment, skills shortage, and poverty around the UK - news

By Sangeeta Waldron — Marks & Spencer (M&S) has announced plans to tackle unemployment, skills shortages and poverty in 10 areas around the UK, as part of a new community...

Another record-breaking year for renewable energy: more capacity for less money - news

By Adam Woodhall — Just prior to the launch of their Renewables 2017 Global Status Report , which found there was a record of 161 GW added to global power capacity, for 23% less...

London Stock Exchange’s ESG reporting guidance responds to investors - news

By Roger Aitken — The London Stock Exchange Group (LSEG) has issued guidance through its Global Sustainable Investment Centre that sets out recommendations for good practice in...

A nuclear reactor above our heads: embracing solar energy is key to working sustainably - news

By Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World — The sun produces enough light every hour to match worldwide energy needs for a year. Our bodies are solar factories...

Communities thrive when corporations thrive  - news

Interview with Henry Stoever, CMO, NACD by Tom Idle   According to the National Association of Corporate Directors – whose 17,000 members represent around 98% of the Fortune...

Imperial’s new climate finance centre to ‘recalibrate’ investors’ understanding of risk - news

By Roger Aitken —  A new centre designed to help businesses make more informed green investment decisions has been launched at Imperial College Business School in London. The centre...

Why electric vehicles are driving us towards demand management - news

By Simon Anderson, Chief Strategy Officer, geo — Without wishing to be dramatic, if something is not done about the demands on the national grid, we are literally in danger of the lights...

Shopping for a purpose  - news

By Adam Woodhall — There are many gathering storms our society is facing, but having a purpose is increasingly seen as a way to navigate these uncharted and often rough waters. Many...

Clean energy: big savings for your business - news

By Mypower — Commercial solar panel systems allow businesses to operate with their own self-generated clean energy. Solar power is a natural source of energy and its not only sustainable,...

Whitbread's Environmental Leadership - news

By James Pitcher — Whitbread is the UK’s largest and fastest growing hospitality company and we have ambitious plans for our two leading brands, Premier Inn and Costa. By 2020, we...

Hellmann’s hits egg-free target three years early - news

By Brian Collett — The Hellmann’s food company has hit its target of using only eggs from cage-free hens in all its mayonnaise and other dressings sold in the US – three years...

ESG factors drive stronger performance in emerging markets equities - news

By Roger Aitken— Investing in emerging markets (EM) equities with high environmental, social and governance (ESG) ratings leads to “better performance” when adjusted for...

Business chooses long term planning for sustainability - news

By Adam Woodhall — Creating a truly sustainable organisation isn’t something that can realistically be achieved in the average tenure of a FTSE CEO, which is currently 4.6 years....

UK VCs focus on ESG-driven investments - news

By Vikas Vi — A Venture Capital Trust (VCT) is a type of publicly listed, tax-advantaged investment fund in the UK, designed as a way for individual investors to gain access to VC...

Investing in sustainable cities to spur economic growth - news

By Vikas Vij — In the next 15 years, more than two-thirds of total investment infrastructure will be made in cities. By 2050, about 66 percent of the global population will live in urban...

Long-term strategy improves business performance - news

By Vikas Vij — Having the ability to envision the company’s future is a critical element of successful corporate leadership. Setting bold, long-term goals allows a company to move...

Big oil companies turn to offshore wind - news

By RP Siegel — Despite what we might expect to see soon, in the form of furious efforts on the part of a handful of politicians to reverse the inevitable, the tide has already turned...

Alternative investment funds surge predicted via UCITS and AIF frameworks - news

By Roger Aitken — Almost four-fifths (77%) of institutional investors “expect to see” more US and Asia asset managers launch alternative investment funds through UCITS and AIF...

The renewable revolution  - news

By Adam Woodhall — In Britain and beyond, businesses large and small are getting on with a rapid transition to renewables, despite mixed messages coming from the UK government.  ...

UK Millennials buy responsible brands this holiday - news

By Sangeeta Haindl — A UK survey reveals that 55 percent of 18-34 year olds, known as Millennials, are switching brand loyalty, which should be a focus for businesses this holiday season...

"Collaboration is the only way for business to solve today’s sustainability challenges" - news

Interview by Tom Idle Hans Daems , the newly elected chair of CSR Europe, couldn’t have chosen a more pertinent time to take up the position with the business network. Daems, who is...

Provocation and innovation at XEnergy - news

By Adam Woodhall — Practical provocation and tangible innovation were the motivational themes explored by some of    the best minds in the UK energy industry at the recent...

Finland lists first green bond on LSE with $500m issuance - news

By Roger Aitken — Finland’s leading provider of financial services in the country to local government and public housing sectors, Municipality Finance (MuniFin), opened trading on...

Future generations prepare for work with DP World Education Programme - news

By Sangeeta Haindl — In our fast-paced, technology-driven and globalised world, consumers expect just about anything from anywhere delivered promptly to their door. International logistics...

Refreshing the business contract with society - news

By Adam Woodhall   “Can business refresh its contract with society before it’s too late?” was the stimulating question with which the CEO of The Crowd , Jim...

Praxis Mutual commits to impact bonds from India, Starbucks, and European Investment Bank - news

By Roger Aitken — Following a number of positive impact bond purchases, Praxis Mutual Funds, a leading faith-based and socially responsible family of mutual funds advised by Everence...

Taking the lead in stormy times - news

By Adam Woodhall — How are corporate sustainability professionals—and the organisations they work with—to lead through this post-Brexit period facing our society? How are they...

Assessing the landscape of corporate-NGO partnerships  - news

by Tom Idle — The United Nations Sustainable Development Goals (SDGs), launched at the beginning of this year as a concrete set of 17 global ambitions, offers a quick guide to...

Investment platform launched by ecosurety in 'giant step' towards circular economy - news

by Roger Aitken—Circularety, an online platform empowering obligated producers and reprocessors to invest in tangible recycling projects and schemes, has been launched by ecosurety, the...

The Shareholder Revolution? - news

by Adam Woodhall — At the recent The Crowd  event, the title was "The Shareholder Revolution?" . The question mark was particularly important because, as was made...

Finland lists first green bond on LSE with $500m issuance - news

by Roger Aitken — Finland’s leading provider of financial services in the country to local government and public housing sectors, Municipality Finance (MuniFin), opened trading on...

Companies driving progress on UN SDGs - news

by Vikas Vij — The world’s current rate of action may not be enough to achieve the UN Sustainable Development Goals (SDGs) by 2030. To reach the goals, the private sector,...

Past and future of sustainability with the RSA - news

by Adam Woodhall — The Royal Society for the Encouragement of Arts, Manufactures and Commerce, or RSA for short, was founded in 1754, and has an impressive history.   ...

Extel’s 14th SRI & Sustainability Survey highlights need to do more  - news

by Roger Aitken — This year’s annual WeConvene Extel and UK Sustainable & Finance Association (UKSIF) SRI & Sustainability survey reveals that while almost 40% of asset...

High performing business: the what & why of purpose - news

by Adam Woodhall—“The two most important days in your life are the day you are born and the day you find out why,” Mark Twain. Can business be purposeful and successful? That...

£735m Waltham Forest Pension Fund ‘commits’ first to divest from fossil fuels - news

by Roger Aitken — Waltham Forest became the first local government pension fund in the UK to “commit to divest” from all fossil fuels following a meeting convened by its...

New ideas for a new economy - news

by Adam Woodhall — The British are historically world leaders at creating solutions to problems. For example, when in the UK we started running out of wood to build ships and burn for...

Minister calls for action, business says yes! - news

by Adam Woodhall —  Nick Hurd, the new Minister of State for Climate Change and Industry at BEIS (Department for Business, Energy and Industrial Strategy), recently called for...

The Cherie Blair Foundation mentors women entrepreneurs through technology - news

The Cherie Blair Foundation released a report for its Mentoring Women in Business Programme at an event in Johannesburg, South Africa in late June. On the occasion, Blair delivered a keynote...

Slavery is still with us - news

by Adam Woodhall — For many of us in the UK, we think that slavery is something that was taken care of by Wilberforce and others in the 19th Century. However, it is not only something that...

COP21: Getting down to business - news

by RP Siegel — COP21 has been hailed as a historic event because of the way it facilitated 196 countries to come together in support of a shared ambition to head off accelerating climate...

COP21: Getting down to business - news

COP21: Getting down to business By RP Siegel — COP21 has been hailed as a historic event because of the way it facilitated 196 countries to come together in support of a shared...

Standish Mellon joins climate bond partnership intensifying ‘sustainable investing’ commitment - news

by Roger Aitken—Standish Mellon Asset Management (‘Standish’), a BNY Mellon investment boutique with around $158 billion (£121bn, €143bn) of assets under management,...

Online database brings transparency to mutual funds’ holdings in palm oil - news

by Brian Collett — An online database has been set up to show the global mutual funds with holdings in palm oil agriculture, today’s fastest-growing cause of rainforest destruction....

ESG risks should be disclosed: environmental groups petition Securities and Exchange Commission - news

by Brian Collet — All companies should disclose the environmental, social and governance risks of their activities to aid investors in making choices. This recommendation has been...

Royal Mail doing business in a responsible way - news

by Sangeeta Haindl — The UK postal service, the Royal Mail, is celebrating its 500th birthday of connecting millions of customers, businesses, organisations and communities, including...

Brexit could be bad for the environment - news

By Reynard Loki — A new report by Sustainalytics, a sustainability research and analysis firm, suggests that Brexit could prompt British companies to slack off on green schemes, which...

Developing great behaviour change campaigns - news

by Adam Woodhall - Influencing behaviour positively and successfully is accepted both as fantastic opportunity to make a difference and as often very challenging. So it didn’t come as a...

Ontario unveils plan to promote social enterprises - news

Social enterprises use business strategies to achieve a social or environmental impact. While generating revenues from the sale of goods and services, social enterprises also expressly intend to...

Reflections on CSR in India - news

by Deepak Arora, CEO, Essar Foundation — The Companies Act, 2013 is considered to be one of the most significant legal reforms in India, having introduced several new provisions, among...

Ginkgo 2 Confirms €140m Fundraising Target - news

by Roger Aitken — Europe’s answer to speeding up the decontamination of old industrial sites—revamping and greening them into sound places to live and work—took a further...

Local is everything - news

Midcounties Co-operative’s social responsibility manager Mike Pickering explains how a focus on localism can lead to business success  Interview by Tom Idle — ...

The Prince of Wales' responsible business network announces new Chief Executive - news

Business in the Community, whose president is HRH The Prince of Wales, has appointed Amanda Mackenzie as the fourth Chief Executive in its 34-year history. Mackenzie has worked at a senior...

Tech can have a huge impact in reducing carbon emissions: BT report - news

by RP Siegel — We hear a lot about smart technology these days: smart cars, smart cities, smart grid, etc., with an implied promise that these smart things will be far more efficient than...

Singapore Stock Exchange Launches Sustainability Indices - news

by Vikas Vij - Investors increasingly want access to information on ESG factors in order to evaluate listed companies. Leading global stock exchanges now recognize that corporate disclosure on...

Ethical standards raised over UK IFA’s ISO 22222 claims - news

by Roger Aitken - Financial advisers in the UK who are accredited with ISO 22222, the international standard for personal financial planners, have a duty and obligation to ask clients about...

Sustainability critical to future business: IEMA Report - news

By Vikas Vij — Leading companies increasingly recognize the importance of embedding sustainability into their business models. However, professionals seeking sustainability outcomes face...

What a waste of business resource! - news

By Mike Tuffrey, co-founder, Corporate Citizenship — Corporations spend billions every year on causes and in communities around the world. But a shocking new survey shows they...

From farmers to financiers: investors have begun to see farm animal welfare as a significant risk - news

By Leah Garces, USA Executive Director for Compassion in World Farming — Earlier last month in New York, a meeting took place that would have seemed implausible only a few years ago....

Partnerships, localism and circularity help businesses scoop National CSR awards - news

By Tom Idle - Presiding over the 2016 National CSR Awards  – now enjoying its second year as an useful addition to the  initiatives that recognise best practice in...

Is volunteering right for senior managers? - news

Corporate volunteering is on the rise. Tom Idle reports on the emergence of skills-based volunteering schemes for senior managers. Mahatma Gandhi once said “the best way to find...

Sustainable finance at the core of European economic recovery - news

By Vikas Vij — Capital infusion into sustainable infrastructure and innovation has emerged as an important strategy to drive job creation globally. The direction provided by governments to...

UK businesses need a long-term growth agenda: report - news

by Vikas Vij — Over the past few decades, British business has made significant progress in many areas – from better governance to leading in major industries. However, there are a...

Coca-Cola UK invests £56mn to build sustainable food systems - news

By Vikas Vij —The food and drink industry can take a number of actions to achieve its vision of building sustainable food systems. These include identifying the flow of materials and...

83% of environment and sustainability professionals say UK benefits from EU membership: IEMA survey - news

A new survey of environmental and sustainability professionals by the Institute of Environmental and Management Assessment shows that an overwhelming majority—83%—believe that...

Motivating models for 21st century employee engagement - news

By Adam Woodhall - Employee engagement is a buzzword that has been around for a long time, but what does it actually mean, and what are the benefits to organisations?  There are many...

KKR portfolio companies get new green solutions platform - news

Interview by Kelly Eisenhardt As Environmental, Social and Governance (ESG) issues continue to grow in importance for mainstream investors, KKR’s pioneering environmental initiative...

John Lewis partnership leads with employee-owned business model - news

by Vikas Vij - Employee ownership business models have increasingly attracted attention since the financial crisis of 2008 when corporate governance came to be recognized as a critical...

Britain's biggest benevolent celebrities are . . . - news

by Sangeeta Haindl — The UK’s The Sunday Times has announced that rock super-star Sir Elton John and best-selling author JK Rowling are Britain’s most benevolent...

A force for good - news

Fujitsu’s  head of responsible business, Juliet Silvester, explains how the company creates long-term value. Interview by Tom Idle The Japanese ICT business Fujitsu is currently...

India wants UK to stay in EU - news

by Sangeeta Haindl 'Brexit' is a word on everyone's breath, since UK Prime Minister David Cameron announced a referendum on whether Britain should remain in the 28-nation EU to...

COP 21 agreement spurs East Capital to review "high climate change"- related investing risk - news

by Roger Aitken The climate agreement sealed at the COP21 summit in Paris on 12 December 2015 underscores, once and for all, that climate change is a common issue that needs to be addressed...

Barclays Helps UK Start-Ups Take Flight - news

Barclays has opened its third Eagle Labs space in Brighton after successful pilots in Bournemouth and Cambridge. The new Barclays Eagle Labs will provide access to resources including expert...

First ranking of top 500 global public companies for human rights performance - news

The first-ever ranking of the human rights performance of global listed companies is now underway. The ranking follows a recent survey by the Economist Intelligence Unit that found the top...

Forging a positive future for ethnic diversity in business - news

EP Journal by Brian Collett Black women now comprise the fastest-growing group of entrepreneurs in the US. A new study from Digitalundivided, a New York-based company whose aim...

European market for renewable energy continues to grow - news

EP Journal By RP Siegel Market demand for renewable energy in Europe as documen-ted by Guarantees of Origin, grew by 8% over the previous year, extending an extraordinary growth streak....

Morningstar launches new sustainability rating for sustainable investors - news

Morningstar has introduced a new sustainable investing initiative, the Morningstar Sustainability Rating for funds. This rating will help investors evaluate mutual and ETF funds that invest in...

National Schools Partnership appoints Stephen Howard LVO as new Chairman - news

Stephen Howard has been appointed as the Non-Executive Chairman of the National Schools Partnership, a social marketing agency responsible for the creation of learning programmes in partnership...

Counting the cost of capital for renewable energy investments in the EU - news

The “DiaCore project” has evaluated the cost of capital across the European Union, and has found that it varies significantly from country to country. The project’s report is...

New recycling scheme for 'orphan vehicles' - news

The British automotive industry has committed to helping thousands of consumers recycle their old vehicles with a free take-back service, designed to help owners whose brand may no longer sell...

Chelsea Reinhardt joins Standards Division at GRI - news

As GRI begins its transition from sustainability reporting guidelines to Sustainability Reporting Standards, the Standards Division at GRI is expanding with the appointment of Chelsea Reinhardt...

Roger Aitken, analyst, examines the most recent MorningStar data - news

Among UK Registered funds over the past year to 31 December 2016, the £124.97m Kempen (Lux) Sustainable Eur Small Cap I fund ranked top out of a sector universe of 253 funds with a...

East Capital’s China environmental strategy whets ‘clean-tech’ appetite - news

East Capital, an emerging and frontier markets specialist headquartered in Stockholm that actively manages €2.1bn of assets in public and private equity as well as real estate, transitioned...

When it comes to CSR, keep on keeping on - news

This is my final issue at the helm of Ethical Performance. It’s been an extremely interesting and enlightening three years, the spirit of which I shall endeavour to take with me. One...

Increasing the rate of exchange - news

With 40% of its carbon impact found along the supply chain, GSK has found a novel way to engage and encourage its suppliers to cut energy, water and waste. Tom Idle speaks to the...

Do reports make a good stakeholder engagement tool? - news

The corporate world is now well-versed in producing an annual document showcasing best practice. But can sustainability reports actually be used effectively as a stakeholder engagement tool?...

Future Perfect? - news

At the end of last year, the Institute for Human Rights and Business (IHRB), a global think tank, published its annual top 10 list of business and human rights issues for 2016. Here we...

CSR on upward trajectory in South Korea - news

According to Business Korea magazine, South Korean companies are making greater social contributions. Based on recent surveys by the Federation of Korean Industries (FKI) and the Korean Chamber...

Korea’s largest steel maker expands community investment programme - news

POSCO, South Korea’s largest steel maker, has expanded its corporate social responsibility activities with its “For a Better World” vision, focusing on raising funds and...

BMW comes top in global sustainability rankings - news

Corporate Knights, the Canadian-based media and research company, has published its 2016 Global 100 Most Sustainable Corporations in the World (Global 100) ranking. Companies that make the...

BLOG: Why diversity matters to capacity-driven success - news

Diversity tends to be a very hot topic on the web and in the news. It has been for decades. You would think there would be more movement in this direction, and while we gain inches here and...

Animal welfare grows in importance to food companies worldwide - news

Noble Foods, Marks & Spencer, Waitrose and Coop Group (Switzerland) have attained the highest marks in the global Business Benchmark on Farm Animal Welfare report, out tomorrow (26 January,...

CEOs recognise value of 'corporate purpose' in business success - news

CEOs acknowledge that purpose – a clear reason to exist beyond making money – has become a key part of business strategy, according to PwC’s annual survey of global CEOs....

BLOG: Post-COP21 business needs to step up - news

Businesses need to look beyond their own boundaries in the post-Paris climate era, blogs Chris Cook, AkzoNobel Planet Possible Programme Director. Global leaders will meet this week at the...

BASF argan initiative proves economic and social success - news

As BASF's Argan Programme reaches its 10th anniversary, statistics show that the initiative now benefits 1,000 women in rural Southern Morocco. The initiative was originally designed to...

British consumers making more ethical choices, finds report - news

Ethical spending has continued to grow despite difficult market conditions, according to the Ethical Consumer Markets Report published by Ethical Consumer magazine and Triodos Bank. The...

Roger Aitken, analyst, examines the December 2015 data - news

Among UK Registered funds over the past one year to 30 November 2015, the £2,343.66m Pictet-Water USD fund was top ranked in Morningstar’s analysis of 251 sector funds with a...

European SRI retail funds market expands €9bn in 2015 - news

The latest annual report on ethical, green and social funds at the retail level across Europe from Vigeo, the leading European rating agency evaluating corporate responsibility, reveals that the...

Getting up a thirst for sustainability - news

‘Transformational’ improvements at its distilleries stand the global drinks giant Diageo in good stead in the face of ongoing carbon and water issues. But securing its long-term...

Reporting in Europe breaks new ground - news

This year the first directive mandating non-financial corporate disclosures is due to take effect across the EU which breaks new ground in corporate reporting requirements. Elisabeth Jeffries...

Post COP21, what’s our professional role now? - news

COP21 – 190 nations gathering in Paris to find a new global agreement on climate change. Were they the success everyone hoped they would be? asks Claudine Blamey. Or did the final...

CSR commitments do pay off finds new study - news

A new study has identified three common factors that ensure CSR adds to a company’s bottom line. Academics reviewed 163 research papers from top-tier journals published from 2000 to...

Unicef report highlights importance of post-COP21 action for children - news

As COP21 draws to a close, international children's charity Unicef has called for ambitious action on climate change. “The future of today’s children, particularly the most...

Ethical retail funds see rapid growth through 2015 - news

European SRI retail funds have continued to show good growth over the course of 2015, according to the yearly report produced by CR evaluation agency Vigeo Italy in partnership with data...

Porsche gives green light to first 100% electric model - news

Luxury German car maker Porsche is investing close to a billion euros in its first 100% electrically powered model. The project called 'Mission E' was described by Dr. Oliver...

Roger Aitken, analyst, examines the November 2015 data - news

In the UK registered funds sector Kempen (Lux) Sustainable European Small-Cap Fund I, a £120.38m fund, top ranked over the past one year to 31 October 2015 with a cumulative return of...

BNP Paribas commits to ‘doubling’ renewable energy financing by 2020 - news

BNP Paribas, the French multinational bank with a presence in 75 countries, is to take a further significant step in financing the transition to a low carbon economy by “more than...

Why transparency is the clear way forward - news

Last year, Land Rover shared how pioneering technology could be used to develop a ‘transparent’ bonnet, writes Laura Vickery , global CSR manager at the car maker. A...

Helping today for a brighter tomorrow? - news

How have the world’s corporates responded to the refugee crisis in Europe? And what role can business play anyway? Sangeeta Haindl reports One topic has dominated headlines this year...

Business urged to take a more responsible approach to tax - news

Corporate tax campaigners are taking a new tack. Rather than highlighting what companies should stop doing, they are drawing attention to what companies could be doing. A new report from...

Environment tops CSR agenda in Japan - news

The Tokyo Foundation, an independent, Japanese, not-for-profit think tank that works on policy proposals for both the public and private sectors recently reported on the growing importance of...

Kangwon turns abandoned mines into modern resorts - news

Kangwon Land, a South Korean company that redevelops abandoned mines into resorts, casinos, and conference centres has been recognised as one of Korea’s most sustainable enterprises for...

Kia maps out five-year ambition for green car leadership - news

Korea’s Kia Motors is looking to drive the market for more environmentally-friendly cars by giving investment into fuel-efficient technologies a significant boost. The brand’s...

Call for banks to do more in fight against climate change - news

With the UN Paris Climate Conference beginning today, new research shows growing popular support for the banking industry and big business to do more in the fight against climate change. The...

Caterpillar launches pilot phase of free e-learning in Africa - news

American heavy equipment giant Caterpillar has launched the pilot-phase of its Technicians for Africa Project , an e-learning website for people who aspire to become a technician in...

EIB-backed initiative boosts climate conscious investing - news

The European Investment Bank (EIB), BNP Paribas and Vigeo have launched Tera Neva, a sustainable investment initiative which allows investors to align their financial objectives with their...

Report urges business to go beyond compliance on paying tax - news

There are many steps multinationals can take towards more responsible tax practices, three charities say in a new report. Rather than highlighting what companies should stop doing,...

Putting people at the centre of the SDGs - news

Stakeholders from across the spectrum are looking to find better ways to work together to achieve the UN’s Sustainable Development Goals. Dr Phillip Goodwin , ceo of VSO , the...

BlackRock launches Impact World Equity Fund fusing ‘social and financial’ goals - news

The launch mid this October of the BlackRock Strategic Funds’ (BSF) Impact World Equity Fund, a liquid UCITS fund that aims to invest in “measurable” social and environmental...

Bank of England’s Carney challenges business over climate change risk - news

The world will suffer financial crises and falling living standards unless economically strong countries ensure that companies admit their present and future carbon emissions, the Bank of...

Ford on target to hit European energy saving goal - news

Ford in Europe is on course to achieve a reduction in energy usage, per vehicle produced, of 25% since 2011, following investments of £20m specifically targeting energy waste. As a...

ESG factors gaining recognition for boosting business performance - news

Successful shareholder engagement on environmental and social issues helps companies improve both their financial performance and governance, showing that involvement that is “less...

'Critical disconnect' between IFAs and responsible investment revealed - news

A survey of 400 global Independent Financial Advisors (IFAs) has shown that many fail to even discuss responsible investment with their clients. Research from Alquity, the responsible...

Clear-cut link found between ESG disclosure and business performance - news

New research has found a definitive link between ESG disclosure and business performance. The analysis by responsible investment manager Alquity and Cass Business School of over 4,400 listed...

Two-thirds of UK investors ignorant of ESG performance of their investments - news

A new study reveals that almost two-thirds of investors don’t know whether the activities of industries or companies they are investing in are ethical or not. According to the survey...

Sustainalytics buys ESG Analytics reinforcing commitment to leveraging product innovation - news

The acquisition of ESG Analytics AG, a Zurich-based provider of web-based solutions that assists asset managers and owners to analyse and manage environmental, social and governance (ESG) risk,...

Cecil the lion and the big data revolution - news

‘Big data’ has been one of the buzz phrases of the last five years and has already spawned an analytics industry worth $125bn. But is it all hype or does it have the power to...

Developing a new mindset - news

At this year’s BITC Responsible Business Awards , Lloyds Banking Group won the building stronger communities award for its work increasing access to financial services for people with...

Surge in carbon price disclosure shows climate change heading mainstream - news

Corporations behind everyday brands of toothpaste, soup, light-bulbs, gasoline, cars and computers are assigning a price to their carbon emissions to offset the costs and risks of their...

ICRS marks anniversary with first honorary fellows - news

To mark its first anniversary, the Institute of Corporate Responsibiity and Sustainability (ICRS) has announced its first honorary fellows. They are: Philippa Foster Back, director of the...

B Corp movement launches in UK - news

B Corp, the movement seeking to change the role of business in society, has launched in the UK. While regular companies exist for the interests of their shareholders, B Corps are companies...

Investors call on UK government for greater support of renewables - news

Thirteen investors have sent a letter, coordinated by the UK Sustainable Investment and Finance Association (UKSIF), to the George Osborne, the UK's Chancellor, to highlight investor...

DJSI 2015 recognises world's top sustainability performers - news

Coca-Cola Enterprises (CCE) has been named in the 2015 Dow Jones Sustainability Index (DJSI), the first time the company has been listed. The DJSI, reviewed annually by the S&P Dow...

British dispel ‘nimby’ reputation over green energy - news

More than half (53%) of UK households would support the construction of a wind turbine within two miles of their home, dispelling the general perception that Britain is a nation of...

EIRIS partners with Brazil’s SITAWI and bolsters Latin American presence - news

EIRIS, a leading environmental, social and governance (ESG) research provider, revealed this August that Brazil’s innovative social and sustainable finance specialist SITAWI had joined...

This green and pleasant land? - news

Smart technology and low emissions cities are emerging across the globe. Elisabeth Jeffries reports on how businesses large and small are defining their roles and driving local government...

South Korea partners to grow sustainable tourism - news

South Korea has ambitious plans for the development of inbound tourism. The country plans to attract 17 million foreign tourists by 2018, up from 13 million currently. Achieving the goals will...

APP pledge to restore peatlands sets important benchmark - news

One of the world’s largest paper producers is to clear and restore 7,000 hectares of its plantations in Indonesia to protect carbon-rich peatlands. Asia Pulp & Paper (APP) hopes...

FSC certification pays, finds WWF analysis - news

A new WWF cost-benefit analysis of Forest Stewardship Council (FSC) certification on a cross-section of forest operators finds that tropical and small or medium producers, regardless of...

Slàinte to sustainability at John Dewar & Sons - news

John Dewar & Sons has achieved a 34% reduction in GHG emissions since 2006 and a 46% reduction in water use since 2009 through its partnership with the Scotch Whisky Association (SWA)....

Companies large and small honoured at 2degrees Champions Awards - news

Leading collaboration platform and service for sustainable business with over 48,900 members 2degrees held its popular, peer-voted Champions Awards at Porchester Hall in London recently....

Fujitsu scoops Responsible Business of the Year 2015 at BITC awards - news

Global technology giant Fujitsu picked up the most prestigious award at this year’s Business in the Community’s Responsible Business Awards winning the title of overall Responsible...

Many happy returns - news

Alquity was founded in 2010 by Paul Robinson , to offer investors a more responsible way to invest by achieving strong returns whilst putting something back and creating a Virtuous Circle of...

Robeco Chinese Equities Class D EUR fund performance examined by Roger Aitken - news

The £1,035.13 million (€1,461.09m) Robeco Chinese Equities Class D EUR Acc fund top ranked the UK Registered Fund sector out of 251 funds over the past one year to 30 June 2015 with...

LSE’s ‘green’ bond segments launch sees City of Gothenburg’s issue first to list - news

The London Stock Exchange’s (‘LSE’) launch of a range of new segments on its fixed-income markets “dedicated” to the issuance of green bonds this July saw the City...

Putting skills at the heart of the development agenda - news

Private sector investment in developing countries dwarfs aid budgets several times over, writes Matt Foster, director of strategies and programme effectiveness, VSO. Large institutional...

Clean Clothes Campaign pushes for further Rana Plaza disclosure - news

Labour rights groups have made official complaints that safety practices and inspections were seriously flawed at Rana Plaza, the Bangladeshi garment factory building that collapsed in 2013...

NT commits £30m to updating energy intensive buildings - news

The National Trust, Europe’s biggest conservation charity, is investing £30m, in renewable energy to heat and power more of its historic places. The news follows the successful...

BLOG: Is tide turning in effort to tackle climate change? - news

Chris Cook, AkzoNobel's Planet Possible programme director, writes about the importance of partnerships in driving down carbon emissions President Barack Obama’s  Clean...

BLOG: Why does health get forgotten in health and safety? - news

You can easily spot the colleagues wearing a personal activity monitor, writes CSC's CR lead Paula Sullivan . Whether they’re a Fitbit fanatic or a devotee of another brand of device,...

Fujitsu scoops Responsible Business of the Year 2015 at BITC awards - news

Global technology giant Fujitsu scooped the title of Responsible Business of the Year 2015 at this year’s Business in the Community’s Responsible Business Awards. Taking over the...

Nespresso makes progress in improving lives of coffee farmers - news

Nestlé Nespresso says it has made significant progress towards improving the lives of thousands of coffee farmers in countries ranging from South Sudan to Colombia, as part of the...

Energy efficiency proves critical to sustainable shopping centres - news

New research shows that shopping centres that invest in energy efficient features boost their market value by up to, and over, 5%. The research from BCSC (British Council of Shopping...

MSCI names new head of ESG research - news

Antti Savilaakso has joined its MSCI ESG Research Inc. team as European Head of ESG Research at MSCI Inc, a leading provider of research-based indexes and analytics. Based in London,...

Eventide Gilead scores ‘Triple First’ in rankings - news

In the US mutual funds sector Eventide Gilead N, a $1,784.56m fund ranked top over the past one, three and five years to date out of 191 funds. With a cumulative performance of +27.60% over the...

Key considerations to successful ‘long-term’ capital allocation highlighted by Generation Foundation - news

A white paper published from Generation Foundation (‘Foundation’), the advocacy initiative of Generation Investment Management (‘Generation IM’), a boutique investment...

Are sustainability ratings asking the right questions? - news

Why is it that inherently unsustainable oil and gas companies rank so well in sustainability indices, such as the Dow Jones Sustainability Index? Tom Idle explores a new approach to...

Starbucks brews up $30m more loan aid - news

American coffee chain giant Starbucks is more than doubling the size of a loan program for farmers that it started seven years ago to help maintain its supply of ethically sourced coffee....

Japan Tobacco makes progress with sustainability initiatives and reporting - news

Japan Tobacco Inc. (JT) has published a report outlining its sustainability initiatives and performance for 2014. JT began developing its sustainability strategy in 2012, initially focussing on...

Newsweek names global green companies - news

Three healthcare companies top this year’s global green league table published by Newsweek, the US weekly current affairs magazine. The list is headed by Biogen, the group based in...

BLOG: A new brand of high performance CSR? - news

Corporations, like individuals, are never truly altruistic – in a capitalist society, individual benefit is incentivised, writes Doug Flynn of global consultancy North Highland . It...

Collaboration key to 'sustainability crunch' says BIFM report - news

Businesses are finding it increasingly more difficult to implement and manage sustainability policies, according to research by the British Institute of Facilities Management (BIFM). The...

Starbucks steams ahead with extra shot for sustainable coffee farming - news

Coffee shop giant Starbucks has doubled the size of its Global Farmer Fund program to $50m (£31.5m), as part of the chain's ethical sourcing initiatives to help ensure the...

ShareAction targets Total over climate change position - news

UK-based movement for responsible investment ShareAction has launched a campaign to tackle French oil giant Total over its position on climate change. A new website,...

British business calls for climate action to build greener economy - news

Over 75 UK businesses including Willmott Dixon, Cisco, E.on, John Lewis Partnership, SSE, and BT have called on the government to take decisive action to combat climate change and build a...

Investors must take threat of climate change seriously: report - news

A new report from global consultancy Mercer identifies the ‘what?’ the ‘so what?’ and the ‘now what?’ in terms of the impact of climate change on investment...

GEFF hailed as historic initiative - news

The Global Ethical Finance Forum (GEFF) in September is being hailed as an historic initiative, in conjunction with the Islamic Finance Council UK (IFC UK) and Thomson Reuters. It aims to be...

Nathan Fabian leaves IGCC for PRI - news

The Principles for Responsible Investment (PRI) has named Nathan Fabian as Director of Policy. He will take up his new role on 30 June 2015. Fabian joins the PRI after six years as ceo of...

Waste not, want not - news

As head of circular economy at Veolia, Forbes McDougall is at the heart of the UK’s efforts to transition to an economy that puts a greater value on waste. Here, he explains what that...

Solactive oekom Ethical Low Volatility Index launched as BNP Paribas takes licence - news

Solactive AG (‘Solactive’), a German index provider head-quartered in Frankfurt that develops, calculates and distributes tailor-made indices globally, launched its Solactive oekom...

Fighting supply chain corruption - news

With many companies having tens of thousands of suppliers, it is not surprising that managing corruption risks is proving problematic. Miranda Ingram reports The Bribery Act 2010 was...

Innovation in sustainable packaging continues despite scarcity of data - news

US retailers are starting to ask their product suppliers for merchandise with packaging that is more sustainable, according to speakers at the recent LuxePack Conference in New York. Laura...

UN Secretary-General drawn into fraud investigation in Korea - news

A regular hazard for people prominent in Korean society is the use relatives sometimes make of family bonds to further their interests. For example, the sons of two former civilian...

Oil and gas giants unite for unprecedented CO2 initiative - news

Major oil and gas companies - BG Group plc, BP plc, Eni SpA, Royal Dutch Shell plc, Statoil ASA and Total SA - have called on governments around the world and to the United Nations Framework...

3BL Media acquires UK-based CSR publisher of Ethical Performance - news

3BL Media, LLC, a corporate communications platform exclusively dedicated to the distribution of corporate social responsibility (CSR) and sustainability news and content, has acquired Dunstans...

Costa's commitment to sustainability acknowledged by SRA - news

Costa, the Whitbread-owned coffee shop chain, has become the first café brand to win a two star sustainability rating by the   Sustainable Restaurant Association (SRA). Costa...

Scotland to host inaugural Global Ethical Finance Forum - news

Hosted by the Scottish Government, the Global Ethical Finance Forum (GEFF) in September is being hailed as an historic initiative, in conjunction with the Islamic Finance Council UK (IFC UK) and...

Environment must be 'at heart of new Government's thinking' - news

Crucial environment issues must be “at the heart of new Government’s thinking”, says a new survey from the Institute of Environmental Management Assessment (IEMA). In a...

BP shareholder Resolution 25 passed at AGM in oil industry ‘game changer’ - news

Shareholders at oil giant’s BP annual general meeting (AGM) held on 16 April at London’s ExCel Centre passed by an overwhelming majority Resolution 25 - a special resolution...

Roger Aitken examines AXA Framlington Health R Inc - news

AXA Framlington Health R Inc., a £563.52m fund, topped ranked the UK funds sector over the past year to 31 March 2015 with a robust performance of +44.42%. It followed superlative...

Human rights now on menu for institutional investors - news

Lauren Compere, md at Boston Common Asset Management, says that investors are finally waking up to the importance of human rights risk Human rights used to be a subject discussed mainly in...

Making the gogglebox greener - news

It’s the organisation people love to hate. But as the BBC’s project manager for environmental sustainability, Hattie Park is on a mission to use the corporation’s unique...

Just how transparent is your data? - news

The type of information provided by corporate sustainability reports, and in non- financial disclosures varies widely. Investment analysts or other report users may believe they are reading...

Executives from Japan’s Orix charged with fraud in Australia - news

The Australia head of Japan’s Orix Corporation has been charged with fraud and money laundering. Orix is a large, highly diversified Japanese financial services and investment banking...

BNY Mellon hit by record £126m fine - news

The Bank of New York Mellon, the world’s largest custody bank, has been fined £126m ($188m, €175m) by the City of London regulator for failing to protect customers’...

Europe hails new car emissions decrease - news

According to the figures published by the European Environment Agency (EEA), average new car emissions were 123.4g CO2/km compared to 186g CO 2 /km in 1995, representing a 33.7% decrease for...

GSK and Burberry sign up to Living Wage accreditation - news

Pharma giant GlaxoSmithKline and British fashion house Burberry have signed up to the LIving Wage pledge, bringing the number of FTSE 100 companies who have applied for accreditation with the...

Banks warned over ESG risks of palm oil investments - news

Environmental and human rights groups have sent a global alert to several banks over their investment in Golden Agri-Resources (GAR), one of the world's largest palm oil companies....

Barclays reviews MTR coal mining investment stance - news

Following years of pressure and protests from campaigners, Barclays has released a policy position statement on Mountain Top Removal (MTR) coal mining in which it states: “Provision of...

Global sustainable investing assets balloon 61% to reach $21.4trn - news

The global sustainable investment market grew substantially over a two-year period between 2012 and 2014 in both absolute and relative terms according to ‘The Global Sustainable Investment...

Getting the thumbs up for your sustainability comms? - news

As more and more corporates take to social media to engage with consumers around sustainability issues, do they really know what they are doing? Tom Idle explores what current best practice...

South Korea’s POSCO investigated for slush funds - news

What started out as a probe into a suspected slush fund held by the construction subsidiary of POSCO Corp., South Korea’s largest steelmaker, has expanded to include an investigation of...

Lobby groups in climate change spotlight - news

Investors need to ask questions of companies to ensure that their public positions on climate change aren’t being undercut by their membership of controversial European lobby groups, says...

ShareAction praises BP for quitting US lobbying group - news

Responsible Investment charity ShareAction has applauded oil giant BP’s confirmation that it will not renew its membership of a controversial US-based lobbying group which promotes climate...

City of London's Dragon Awards fire up for 2015 - news

The City of London Corporation has opened entries for this year’s Lord Mayor’s Dragon Awards  and is especially keen to attract SMEs. Lord Mayor Alan Yarrow, said:...

WWF publishes roadmap to a more sustainable Europe - news

A new report from WWF shows that resource efficiency alone could generate over €300bn a year for the EU economy. Entitled From crisis to opportunity: Five steps to sustainable European...

inside investment Time shortening between ESG issues emerging and market reaction - MSCI - news

A report from MSCI ESG Research, a provider of research and analysis of the environmental, social and governance-related (ESG) business practices of companies globally, has suggested that that...

Taking the right route to restoring public trust? - news

With public trust in big business remaining fragile, the IBE and CISI have relaunched Investing in Integrity (IiI) is a chartermark, founded in 2012, which enables an organisation to reassure...

Ugandan farmers in court over land grab - news

More than 100 Ugandan farmers evicted to make way for palm oil plantations have filed a lawsuit claiming damages and the return of their land. The smallholders received little, if any,...

South Korea tries to clean up home shopping industry - news

South Korea’s home shopping industry is moving to clean up its act under the threat of a punitive government crackdown. The move follows a warning by three government bodies —...

‘Forest 500’ rates top players in race against deforestation - news

FMCG giants Danone, Nestle, Procter & Gamble, Reckitt Benkiser, Kao and Unilever are among the top players tackling the problem of deforestation, according to a new ranking from charity...

Food giants back new €120m fund to help smallholders - news

Food giants Danone and Mars have set up a new fund to help companies to learn how to sustainably source the materials they need from smallholder famers while at the same time delivering...

Japanese car brands lead way in emissions reductions - news

Japanese automobile manufacturer Nissan tops a new league ranking car brands on their emissions reductions. The research has been compiled by climate change organisation CDP to rank auto...

New members join GRESB board - news

Mie Holstad, chief administrative officer at Norges Bank Investment Management, and Steven A. Wechsler, ceo and president of NAREIT (National Association of Real Estate Investment Trusts), have...

McDowell appointed to Amity Panel - news

Julie McDowell, former head of responsible investment at Standard Life Investments, has been appointed a member of the Ecclesiastical Investment Management Amity Panel. McDowell has over 25...

Greater take-up of IiI charter mark urged - news

More businesses should sign up to the Investing in Integrity (IiI) charter mark to reassure the public that they are trustworthy, Lord Mayor, Alderman Alan Yarrow has urged. The Lord Mayor...

US SRI investing assets surge 76% - news

The US SIF Foun-dation’s latest biennial trends survey titled ‘Report on US Sustainable, Responsible and Impact Investing Trends 2014’, marks the tenth edition of the report...

Companies turning blind eye to supply chains - news

A majority of companies don’t perform anti-bribery and corruption audits on their suppliers, an area of business operations that’s proved prone to bribery risk in recent years,...

‘Nice to Have’ versus ‘Must Have’ - news

David Picton, chief sustainability officer, Carillion explains why now, more than ever, sustainability is not a nice-to-have but a 'must have' Sustainability is critical for...

Suppliers in US, Brazil, China and India least resilient to climate change risks - news

Lack of preparation currently leaves supply chains in Brazil, China, India and the US more vulnerable to climate risks than those in Europe and Japan. While, suppliers in China and India deliver...

American pharma companies lead Global Sustainability Index - news

Biogen beat fellow American pharmaceutical company Allergan to top spot in this year's Global 100 Most Sustainable Corporations in the World Index. German sportswear company Adidas...

Davos 2015: World needs new business model - news

The global economic system isn't working for six billion people, labour leaders at the World Economic Forum in Davos, have warned. Mass unemployment, mistrust in institutions,...

Call for higher take-up of Investing in Integrity standard - news

More businesses should sign up to the Investing in Integrity (IiI) charter mark to reassure the public that they are trustworthy, Lord Mayor, Alderman Alan Yarrow has urged.  “One...

Digital planet poses challenges to society but offers ‘extraordinary potential’ - news

  In the first of a two-part Amity Insight research paper by Ecclesiastical Investment Management Limited (‘EIM’) titled ‘Digital Planet: A brave new world for...

Making the leap into a sustainable new year? - news

A new year, a fresh start... but how many organisations will boast new resolutions? Ethical Performance talks to key industry players about what they believe will be the prime sustainability...

Moving towards a greener form of capitalism - news

Choosing a pension scheme with a clear focus on the relevance of good corporate governance, how companies manage their relationship within the society they operate and their impact on the...

Investment industry urged to address lack of female execs - news

The UK investment management industry is suffering from a severe lack of female representation, despite the high corporate governance expectations placed on the boards of companies in which they...

Premier Foods reviews ‘pay and stay’ practice after outcry - news

The UK company Premier Foods, producer of the popular brands Mr Kipling, Oxo and Bisto, has been accused of operating a policy to ditch suppliers that refuse its request for investment. The...

Lima discussions patch together compromise to pave way for Paris - news

Developed countries, which have caused most of the world’s pollution, should help to finance “vulnerable” developing nations to combat climate change, UN members agreed last...

Investors need clearer impact information, says SROI Network - news

The SROI Network, soon to be known as Social Value UK, is calling for a change in legislation to demand more assurance from businesses of their social and environmental impact information....

New benchmark to gauge corporate performance in human rights - news

A group of investors, an NGO, a think tank and an investor research agency, have launched a project to rank companies on their human rights performance. A total of 500 of the top global...

Working together towards an AIDS-free generation - news

This World AIDS Day, Dr Brian Brink, chief medical officer for Anglo American explains why it’s going to require teamwork, partnership and dedication to beat HIV/AIDS. The...

Bank of America cooks up a storm - news

Bank of America is to partner with the Global Alliance for Clean Cookstoves (GACC) to raise $100m to help provide clean cooking solutions to millions of households in the developing world....

Hyatt bolsters partnership with Women for Women International - news

Hyatt Hotels Corporation has initiated a four-year, one million dollar partnership with Women for Women International, a global development organization that offers education, training and...

ESG factors now integral to investment process, says Aviva - news

In its second biennial survey of global asset managers on environment, social and governance (ESG) issues, Aviva Investors’ multi-manager research team has found that there is widespread...

Too many still investing in cluster munitions, says PAX - news

Over 150 financial institutions worldwide invested US$27bn in companies producing cluster munitions from 2011 to 2014, according to a report by Cluster Munition Coalition member PAX (the...

Howard Boyd to advisory role at Jupiter - news

Emma Howard Boyd will be engaged by SRI investment specialist Jupiter as an external consultant, offering her experience to the Stewardship Committee and the Sustainability Review Committee. She...

Jupiter reorganises investment team - news

Environmental and sustainable investment specialist Jupiter is changing the organisational structure of its Environmental and Sustainable Strategy team to provide an enhanced central source of...

Cheers to a sustainable future - news

As we enter the season of over-indulgence, Roland Pirmez, president of Heineken Asia Pacfic tells Ethical Performance why responsible consumption is one of the most important issues on the...

Norway’s KLP boosts renewables investment and cuts coal exposure - news

KLP, Kommunal Landspensjons-kasse, Norway’s largest life insurer that was formed in 1949, announced late this November that intended to further increase its investment by NKr500 million...

Controversy dogs Ineos’s fracking operation - news

A company that is planning a fracking operation in Scotland has been accused of bribing the local community to accept a hazardous operation. The Swiss chemicals multinational Ineos intends...

IKEA makes largest wind farm investment to date - news

IKEA has purchased its second wind farm in the US. The site in Texas is the single largest renewable energy investment made by the Swedish furniture retailer to date. The wind farm will...

Investors call for global tax reform and transparency - news

In a global first, a group of institutional asset owners and managers are jointly calling for comprehensive transparency and disclosure to be adopted as core principles in reform of the...

European SRI market’s growth signals change in investor mindset - news

The sixth biennial Sustainable and Responsible Investment Study from the European Sustainable Investment Forum (EUROSIF), the leading pan-European Sustainable and Responsible Investment (SRI)...

Cooking up employment opportunities for the homeless - news

A London restaurant that serves up fine dining to the likes of David Cameron, Boris Johnson and Prince Andrew is also cooking up a storm in the homeless community with its award winning...

ESG factors having stronger effect on consumer attitudes - news

Corporate performance on environmental, social, governance and ethical grounds can have a strong effect on how consumers feel about their bank or wealth manager. Indeed, a new Ipsos MORI...

Duracell powers up emergency relief aid - news

Procter & Gamble’s Duracell Power Forward programme, known for donating batteries to those affected by natural disaster since 2011, is expanding its fleet and joining forces with The...

Low carbon future does not mean low profit, finds CDP report - news

Companies taking action to mitigate climate change have outperformed the Bloomberg World Index by 9.6%. The figures prove that a low carbon future does not mean low profit, say assessors...

Goldman Sachs hit by lawsuit - news

A Libyan company is claiming $1bn (£620m, €783m) from the Wall Street investment bank Goldman Sachs for taking it “for a complete ride” by directing its money into...

Collectively.org aims to galvanise millenials - news

Some of the world’s biggest corporations have combined with the London-based NGO Forum for the Future to bring together businesses and customers to co-operate on sustainable living....

Kimberly Clark's Andrex acts on sanitation in Angola - news

A special on-pack promotion aims to raise £250,000 to help thousands of children in Angola to have clean and safe toilets. Toilet tissue brand, Andrex (owned by Kimberly Clark), has...

ClimateCare calls for more partners to scale up cookstove projects - news

In 10 years ClimateCare has funded improved cookstoves for over 6.5m people helping tackle one of the developing world’s leading causes of death. It is now calling for more partners to...

IBE offers pension fund trustees ethical guidance - news

Ethical guidance for pension fund trustees is the focus of the latest report from the Institute of Business Ethics (IBE). Its new report looks at 12 key questions – ranging in topics from...

Banks beware: consumers rate ESG factors as high as service levels - news

Corporate performance on environmental, social, governance and ethical grounds can have a strong effect on how consumers feel about their bank or wealth manager. Indeed, a new Ipsos MORI survey...

EC climate deal falls short on renewables targets - news

While the European Council has just agreed a new climate and energy deal that sets a binding domestic Greenhouse Gas Emissions (GHG) target of “at least” 40%, it has failed to agree...

Europe urged to agree bold climate and energy policies - news

Leading businesses including Acciona, Coca-Cola Enterprises, DSM, Ferrovial, Philips, Skanska, Shell, and Unilever are urging EU ministers to agree an ambitious package on climate change at this...

Boardroom pay just gets bigger and bigger, says TUC - news

Forty nine minutes after returning to work after the 2013 New Year break Britain's highest paid director earned as much as a worker on the living wage earns in a year, according to new TUC...

New £500m joint venture to reinvigorate onshore wind - news

In a major boost for the onshore wind power industry, Britain’s green energy company Ecotricity and global construction and development firm Skanska are forming a joint venture –...

Growth of SRI shows new level of maturity, says EUROSIF - news

EUROSIF, the European Sustainable Investment Forum, has unveiled the findings of its 6th Sustainable and Responsible Investment Study, first published in 2003. The Study highlights the scale of...

Lego ends 50-year link with Shell - news

Danish toy giant Lego is ending its co-promotion contract with Shell. The move follows a three-month campaign led by Greenpeace which saw one million people sign a petition calling on the...

Garneau joins Canada’s Clean50 - news

Richard Garneau, president and ceo of Resolute Forest Products Inc. has been included Canada’s Clean50, a league recognizing leaders who have made the greatest contributions to sustainable...

Dow Jones sustainability indices family reaches 15-year milestone - news

S&P Dow Jones Indices, part of McGraw Hill Financial and the world’s largest global resource for index-based concepts and data, and RobecoSAM, the investment specialist focused...

Barclays receives record fine for asset breach - news

Barclays Bank Plc has been fined £37,745,000 by the Financial Conduct Authority (FCA) for failing to properly protect clients’ custody assets worth £16.5 billion. As a result...

Banks hit headlines again for failing to maintain standards - news

Bonuses and champagne were lavished on staff at the UK bank Lloyds for selling complicated but risky interest rate swaps with small business loans, a whistleblower has claimed in sworn testimony...

CR is increasingly defined by what a company does, not what it gives - news

Since the recession, businesses have been faced with an increasingly cynical public who are more concerned than ever about the ethics of the brands they choose to engage with. Working at...

Banks hit headlines again for failing to maintain standards - news

Bonuses and champagne were lavished on staff at the UK bank Lloyds for selling complicated but risky interest rate swaps with small business loans, a whistleblower has claimed in sworn testimony...

Emerging markets more focused on sustainability finds Grant Thornton - news

New figures from accountancy giant Grant Thornton show that business leaders in emerging markets are more focused on the sustainability of their operations than their peers in developed markets....

Brooks Newmark stands down as minister for civil society - news

Recently appointed minister for civil society Brooks Newmark has resigned following Sunday Mirror allegations he shared sexually explicit images of himself with an undercover reporter over...

Barclays receives record fine over client assets breach - news

Barclays Bank Plc has been fined £37,745,000 by the Financial Conduct Authority (FCA) for failing to properly protect clients’ custody assets worth £16.5 billion. As a result...

New website to help build market for sustainable finance - news

National Ethical Investment Week has rebranded as Good Money Week in an effort to make the week more relevant to a mainstream audience.  As part of this strategy it has launched a new...

Colombia’s Bolsa de Valores joins UN’s sustainable stock exchange initiative - news

The announcement on 22 July 2014 that the Colombian Stock Exchange (Bolsa de Valores Colombia (BVC)) is partnering with the United Nation’s (UN) Sustainable Stock Exchanges (SSE)...

Transparency warnings over EIB’s policy change - news

The European Investment Bank (EIB) is proposing changes to its rules on information disclosure which would make it one of the most secretive financial institutions in the world, campaigners are...

Daewoo International admits using cotton from forced labour - news

Daewoo International Corp., a major South Korean trading company has become a target of human-rights activists for using cotton that it admits is produced by child labour and forced adult labour...

Coming of age: the new sustainability math - news

Last week, I went surfing for the first time with my 10-year-old son Evan. Not wanting to be outshined or embarrassed, I spent more time then I care to admit reading up on websites proclaiming...

Demand for CSPO grows faster than supply for first time - news

For the first time demand for Certified Sustainable Palm Oil (CSPO) has grown faster than supply, driven by a 64.7% leap in the sales of physical CSPO, according to new figures from the...

Newmark steps down as minister for civil society - news

Recently appointed minister for civil society Brooks Newmark has resigned following Sunday Mirror allegations he shared sexually explicit images of himself with an undercover reporter over...

Step up or step back: six essential lessons in cause marketing - news

Consumer scepticism and expectation of institutions is at an all-time high, and prominent brands are under more pressure than ever to do good… and prove it, writes Andrew Pederson....

Kepler Cheuvreux scoops SRI & sustainability title in Extel survey - news

Independent European financial services firm, Kepler Cheuvreux, reconfirmed its status this July as the leading local broker in Europe in the Thomson Reuters Extel/UKSIF SRI & Sustainability...

Authorities explore credit ratings ‘for sale’ in South Korea - news

An investigation into the failure of South Korea’s Tongyang Group, a large conglomerate, last autumn led to unexpected discoveries. Some 50,000 individual investors lost heavily because...

Wonga forced to pay up over ‘unfair’ practices - news

Wonga, Britain’s biggest payday lender, has been ordered to pay more than £2.2m ($3.76m, €2.78m) in compensation to defaulters to whom it sent threatening letters appearing to...

Radical action urged over executive pay levels - news

Radical action by the UK government to cap executive earnings has been urged by the High Pay Centre. The centre, an independent think tank that monitors executives’ remuneration,...

Transparency warnings over Euro bank’s policy change - news

The European Investment Bank (EIB) is proposing changes to its rules on information disclosure which would make it one of the most secretive financial institutions in the world, campaigners are...

Perion in CR push following merger - news

Following its reverse merger with Conduit’s Client Connect, app monetization and software company Perion is ramping up its CR efforts with a $1.5m volunteering initiative. Simone...

SFO launches FOREX price rigging probe - news

The Serious Fraud Office (SFO) in the UK has launched a criminal investigation into allegations of price rigging in the £3 trillion-a-day foreign exchange market. The inquiry will...

Supply chain tops global business challenge list - news

The supply chain was rated by consumer goods and retail executives as the number one challenge for their companies in the latest Global Top of Mind Survey by the Consumer Goods Forum and KPMG...

Innovation and collaboration celebrated at Champions Awards - news

Flooring that converts footsteps into renewable electricity, a house built almost entirely from waste products and Sky’s Rainforest Rescue campaign with WWF were among the winners at last...

Alexander takes chair at UKSIF - news

The UK Sustainable Investment and Finance Association (UKSIF) has welcomed Lesley Alexander as its new chair. Lesley, ceo of HSBC Bank Pension Trust (UK) Limited, will replace Martin Clarke...

Government called to examine UK pension funds’ ‘land grab’ investments - news

UK pension funds and asset man-agement companies including British Airways Pension Fund, Legal & General, Scottish Widows Investment Partnership and Aviva Investors could potentially have...

Creating and sustaining value-adding partnerships can mean serious business - news

Manny Amadi explains the secrets to successful, sustainable collaborations   We all collaborate and partner in different ways, whether with colleagues or informally within our...

London Stock Exchange joins UN’s SSE - news

The London Stock Exchange (LSE) Group is to partner with the United Nations Sustainable Stock Exchanges (SSE) initiative, joining nine other exchanges in the US, Europe, Africa and Asia to...

Prudential reaffirms commitment to impact investment - news

Prudential Financial, Inc. is to build a $1bn impact investment portfolio by 2020 in its continuing effort to direct investments to companies, projects and funds that create positive social...

Food and amenity giants take up herbicide-free weed control challenge - news

Weedingtech, the herbicide-free weed management company, is challenging five major industry partners to test out its MW-Series and Foamstream weed control system to prove its performance against...

Coca-Cola and partners to expand Project Last Mile in Africa - news

The Coca-Cola Company and its Foundations, the US Agency for International Development (USAID), the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the Bill & Melinda Gates...

Research proves link between CR reporting and stock price uptick - news

New research offers proof that investment in, and subsequent reporting of, corporate social responsibility (CSR) improves a firm’s stock price. Professor CB Bhattacharya, E.ON Chair...

Credit Suisse and Yorkshire Building Society face multi-million fine - news

The Financial Conduct Authority (FCA) has fined both Credit Suisse International (CSI) and Yorkshire Building Society (YBS) for failing to ensure financial promotions for CSI's Cliquet...

UK green lights giant offshore wind farm - news

The East Anglia One offshore wind farm that is expected to support almost 2,900 jobs and bring over £520m of investment into the UK’s economy has been given the official go-ahead....

UK pension fund investments linked to unethical land grabs - news

UK pension funds and asset management companies could potentially have £37bn invested in ‘land grabs’ worldwide, according to a new report published by Friends of the Earth....

Apple faces renewed calls to address worker safety - news

Environmental and human rights organizations, socially responsible investment firms, and occupational health professionals from 27 countries have sent a letter to Apple vp of environmental...

Investors lose interest in UK renewables, says EY - news

The attractiveness of the UK renewables market in the eyes of investors and developers has decreased dramatically – falling back to levels last seen in November 2012, according to EY's...

Cross-sectoral cooperation key to managing water risk - news

Cooperation between businesses, water companies and the government will be key to managing scarce water resources and securing future supplies, according to a new report from the Cambridge...

Semrau cleans up at SC Johnson - news

Kelly Semrau, senior vp- global corporate affairs, communication and sustainability, at SC Johnson, tells Ethical Performance about the household cleaning giant’s approach to CR and...

Leading investment institutions make case for responsibility - news

There is significant untapped potential for investors to exert a positive influence on the economy, environment and society, by practising responsible investment, according to a new report...

Impact investment comes of age - news

The proponents of impact investing believe that we are witnessing a seismic shift in investment behaviour. Miranda Ingram reports   It is hard to imagine what the past fifty...

Credit Suisse pleads guilty to conspiracy charge - news

Credit Suisse is to pay more than $2.5bn (£1.5bn, €1.8bn) for helping at least 22,000 US clients to evade taxes by hiding assets offshore in an “extensive and wide-ranging...

Former Deutsche Bank salesman admits bribery in Tokyo - news

A former Deutsche Bank AG salesman, Shigeru Echigo, admitted to bribery charges at his trial in Tokyo on 22 April 2014. He also said he acted on direct instructions from his managers. At...

Telecoms giants collaborate to advance internet safety - news

Britain’s Prime Minister, David Cameron, has lauded the new Internet Matters.org portal, which was founded by BT, Sky, TalkTalk and Virgin Media and helps parents safely surf the web...

Protestors target Lloyds AGM over coal investments - news

Protestors are targeting the Lloyds Bank AGM in Edinburgh today, accusing it of destroying people’s lives and fuelling climate change by bankrolling the global coal industry....

Employee performance boosted by CSR involvement - news

Employee engagement in CSR activities can demonstrably improve job performance, new research from ESMT European School of Management and Technology maintains. The study, published in the...

ClimateCare wins Queen’s award - news

ClimateCare, the climate change and sustainable development organisation, has won a Queen’s Award for Enterprise. The company has won a Sustainable Development Award for contributions to...

Achieving sustainability goals through Corporate Impact Venturing - news

UK companies must rediscover the lost arts of innovation, argued the PwC annual CEO survey earlier this year. In fact, companies everywhere are under pressure to adapt to the double whammy of...

Not so many rivers to cross - news

There is a saying in Russia that ‘good people do not suffer any losses when they are helping others’, writes Vera Kurochkina , UC RUSAL’s director of corporate communications....

Barclays urged at AGM to ‘stop bankrolling’ dirty coal - news

With the World Development Movement (‘WDM’), a UK-based campaigning group focussed on global justice, having successfully campaigned last year to make Barclays pull out of food...

C of E retains stake in payday lender company - news

The Church of England still has a stake in the payday loans company Wonga, even though it announced almost a year ago that it was withdrawing the money. The reason is that disinvesting is...

Time to pay the piper over bankers’ bonuses - news

I saw a postcard the other day that stated: “To make the rich work harder you pay them more, to make the poor work harder you pay them less.” It certainly struck a chord given the...

Europe makes landmark move towards ‘integrated reporting’ - news

From 2017 large companies across Europe will have to include their impact on the environment, society and human rights in their annual company report. The landmark vote by the European...

ESG factors gaining momentum with investors says AXA - news

Clients are increasingly asking for the monitoring and assessment of environmental, social and governance (ESG) risks in their portfolios according to a report published by AXA Investment...

GSK to create world's first R&D Open Lab in Africa - news

Pharma giant GSK is to invest £25m to create the world's first R&D Open Lab for non-communicable diseases (NCDs) in Africa. The centre will see GSK scientists collaborate with...

RobecoSAM expands SI expertise - news

RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, has appointed Lucas van Berkestijn (right) and Cécile Churet (far right) as Sustainability Investing...

Anderson takes up reins at UNEP FI - news

Charles Anderson is the new director to head the United Nations Environment Programme Finance Initiative (UNEP FI). The UNEP FI platform brings together the United Nations and the global...

Get a grip on your environmental reporting - news

By Tom Cumberlege, a consultant at The Carbon Trust   It’s time to get your environmental story straight. The signals from the UK government are clear, from October 2013...

Investment in soft commodity trading ‘problematic’ says report - news

The most recent quarterly ‘Amity Insight’ report from Ecclesiastical Investment Management, which has been at the forefront of socially responsible ethical investments since 1988,...

Food glorious food? - news

So how much has food security improved since Romanian horse meat was found in beef ready meals, prompting financial and reputational damage across the food industry? Miranda Ingram reports...

Bernie Ecclestone wins Formula One court case - news

The first of the cases being brought against billionaire UK businessman Bernie Ecclestone has failed, even though the judge branded the Formula One supremo a corrupt operator. Constantin...

New round of bankers’ bonuses draws more anger - news

Banks have drawn more criticism with their new round of large salary and bonus announcements. Much of the anger results from Barclays’ revelation that the number of its staff on...

Global project to build investment metrics for greener construction - news

A major global project which will help to define the health and productivity benefits of green office buildings has been launched by the World Green Building Council (WorldGBC). While...

Pension savers urge Shell shareholders to abandon Arctic drilling - news

Royal Dutch Shell ceo Ben van Beurden has announced that the company will not attempt to drill in the Alaskan Arctic in 2014. The decision follows a US court ruling against the Department of the...

Roger Aitken, analyst, interprets the February 2014 data - news

The £5.94m Guinness Alternative Energy C fund continued its top ranking amongst UK Registered funds over the past year to 31 January 2014 with a cumulative +50.46% return versus past...

Socially responsible investment prognosis set positive for 2014 - news

The year 2014 is “unlikely to see the spectacular equity returns” enjoyed during 2013, but it will be a year in which assets in a logical manner can be managed, according to Amy...

IFC to be investigated over investments in Honduras - news

The World Bank’s lender has come under fire for granting a large loan to a company said to have killed while taking land for palm oil cultivation in Honduras. Corporación...

Barclays under fire over executive pay - news

Heavy criticism of high bonuses from business and political figures has been directed again at the UK’s Barclays Bank – where chief executive Antony Jenkins has attempted to shine up...

IFAD and Unilever sign first global PPP agreement - news

The International Fund for Agricultural Development (IFAD) and consumer goods giant Unilever have signed a public-private partnership (PPP) agreement aimed at helping to improve the livelihoods...

Citigroup flies rainbow flag with Community Capital project - news

While Citigroup’s corporate social responsibility programmes lend a generous hand to LGBT and anti-violence groups, its business operations do too. Laura Klepacki reports from the US...

Ethex founder makes Divine move - news

Divine Chocolate, the leading Fairtrade company co-owned by cocoa farmers, has appointed Jamie Hartzell as chair of the company board taking effect from last month. Social entrepreneur Jamie...

Financial institutions urged to halt ‘explosives’ investments - news

According to the latest report from Cluster Munition Coalition member and Nether lands-based IKV Pax Christi a total of 139 financial institutions globally - mainly from the US (67...

BMS market takes first step with FTSE4Good - news

The market for breast milk substitutes is a highly contentious ethical area, especially for investors. The FTSE4Good criteria for the category – launched last year – is an attempt...

World’s biggest shipbuilders make ethical management pledge - news

Korea’s big three shipbuilders - Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries - say they are committed to making a fresh start with...

Westpac ranked world's most sustainable company - news

Australia's first bank Westpac has been ranked number one in ‘Global 100 Most Sustainable Corporations in the World’ at the World Economic Forum in Davos, Switzerland. ...

New BlackRock fund screens out tobacco stocks - news

Global investment manager BlackRock has launched the BlackRock Developed World ex Tobacco Index Fund to meet demand from organisations in the healthcare sector, charities, medical foundations...

Impact investment helps companies attract higher calibre staff - news

Impact investment - sustainably supporting charities and social enterprises for the long term - can be used as key way to recruit and retain high quality staff says a new survey from...

Winning partners - news

A PhD or Doctorate is a research degree, designed to demonstrate research competence, mastery of a subject area and to develop original insight – pushing the boundaries of knowledge, just...

UK pension funds ‘speculate’ £1.5bn on food prices - news

A new report published by World Development Movement (‘WDM’), a London-based group, argues that tough regulation is “urgently needed” to limit speculation in the food and...

Lloyds Bank pays price for 'champagne bonuses' - news

Lloyds, the UK banking group, has been fined £28m ($45.7m, €33.3m) for operating a bonus scheme that put pressure on staff to hit sales targets or risk demotions and pay cuts....

Human rights violations rise 70%, says Maplecroft survey - news

A striking 70% rise in the number of countries where the risk of human rights violations is extreme is recorded in a survey by Maplecroft, a UK-based risk research consultancy. The...

Comic Relief in spotlight over investment ethics - news

A British charity has been accused of investing in arms, alcoholic drinks and tobacco companies, contrary to its published aims. Comic Relief, which raises much of its money through two...

Ethics embedded at board level but not training, says IBE - news

More companies than ever before are investing in ethics programmes, according to the latest survey from the Institute of Business Ethics (IBE), citing seven out of 10 respondents investing...

Banking still has long way to go on equality - news

Women are still paid significantly less than men in investment banking at all levels of seniority according to new data from Emolument . The bonus and salary data benchmarking website has...

Mighty oaks from little acorns... - news

Bengt Brunberg, sustainability manager at BillerudKorsnäs, the Swedish packaging material manufacturer, tells Ethical Performance about why he believes it is important to take a broad...

Chocs the way for Sophi Tranchell - news

Sophi Tranchell MBE, md of the farmer-owned chocolate company Divine, has received the Good Deals Pioneer Award. Good Deals, the UK’s leading social investment conference, is this...

New kids on the block at Global Child Forum - news

Inger Ashing has joined Global Child Forum as executive director. She was previously deputy head of the government agency Swedish National Board for Youth Affairs and serves as chairman of the...

European SRI retail mutual funds see further growth in 2013 - news

European SRI retail funds’ assets reached an historic peak of €108 billion (c.£90bn) at the end of June 2013 and represented a 14% increase over the preceding year according to...

Time to realise the power of renewables? - news

This year Ofgem announced that Britain will face an energy drought by 2015, as our ageing coal fired power stations are systematically decommissioned. Whilst the materialization of Hinkley Point...

SRI turns over new leaf with newfound investors - news

There is emerging evidence that in addition to straight philanthropy through donation or foundations, Ultra High Net Worth Investors (UNHWIs)are also financing social investment. Equally, there...

JPMorgan Chase agrees $9b pay-out - news

The largest regulatory settlement in US history has been agreed with federal and state authorities by the JPMorgan Chase bank over misleading mortgage practices that stoked the 2008 financial...

P&G to use in-house technology to fuel future - news

Procter & Gamble (P&G) is taking the greening of plastic packaging into its own hands. Using internally-developed new technology that is said to reduce resin usage, cut down energy...

Dell powers up youth programme - news

IT giant Dell is to provide nearly $2.4m to 26 American. organizations as part of its Powering the Possible for Communities Youth Learning Initiative. The initiative aims to close the...

JPMorgan Chase makes neurological diversity move - news

US investment bank JPMorgan Chase & Co is adding autism benefits for employees participating in the company’s health plan. Effective from January, intensive behaviour therapy for...

Turkish stock exchange to launch sustainability index - news

The Turkish stock exchange, the Borsa Istanbul, is to partner with EIRIS, the global responsible investment research provider, to develop the BIST Sustainability Index, which will be...

M&S branches out to keep 1m trees standing - news

British high street retail chain Marks & Spencer (M&S) has signed a partnership with UK-based rainforest protection charity Cool Earth to protect 5,000 acres of rainforest. Through...

Morgan Stanley sets up Institute for Sustainable Investing - news

American investment bank Morgan Stanley is to set up an institute for sustainable investing.  The Morgan Stanley Institute for Sustainable Investing claims three main focus areas:...

UK tech companies awarded Clean and Cool Mission to Brazil places - news

A select group of innovative UK technology companies have been awarded places on the Clean and Cool Mission to Brazil to explore business opportunities aimed at tacking climate change and...

AT&T reaches halfway mark to investment commitment - news

Telecoms giant AT&T has reached the halfway mark of its commitment to invest up to $565m to deploy approximately 15,000 alternative fuel vehicles over the course of a 10-year period up to...

Exide Technologies to upgrade battery recycling facility - news

Exide Technologies, the electric battery company, is to invest more than $7m over the next two years to upgrade its Vernon battery recycling facility as part of a comprehensive agreement with...

Seeing the sustainability glass half full - news

  Sandra Seru, head of strategy & reporting, sustainability & responsibility at Diageo tells Ethical Performance how the drinks group is tackling the social problem of alcohol...

Pressure mounts on World Bank to stop private water firm investments - news

A month in SRI with Roger Aitken... Nestlé’s former ceo Peter Brabeck-Letmathe once sparked controversy after declaring that access to water was “not a public...

Community engagement wins back capital's 'lost apprentices' - news

London’s Lord Mayor Roger Gifford hailed this year’s winners of the annual Dragon Awards for their commitment to providing job prospects to people whose skills would otherwise remain...

Workers on boards could rein in executive pay, says TUC - news

Allowing workers to sit on company boards would mean top executives’ pay was set at more reasonable levels, according to a new report from the Trades Union Congress (TUC). The TUC has...

Tesco to help supply chain cut carbon - news

The supermarket chain Tesco has also introduced a collaborative buying club which will help its suppliers invest in energy efficient lighting. The Buying Club, which has been developed in...

30,000+ farmers benefit from GrowCocoa - news

GrowCocoa, the independent joint venture representing the sustainability interests of Blommer Chocolate Company and Olam International, says that 31,600 farmers in Côte d’Ivoire and...

Efforts to scale up climate change investment falters - news

The most comprehensive inventory of climate finance to-date shows investment is far short of the need, and falling further behind each year. Global investment in climate change plateaued at...

Alliance Boots maintains clean bill of health in face of tax accusations - news

Alliance Boots, parent group of the Boots pharmacies and shops prominent in UK high streets for generations, is now accused of using a legal loophole to dodge £1.1bn ($1.78bn, €1.3bn)...

Workers on boards could rein in executive pay, says TUC - news

Allowing workers to sit on company boards would mean top executives' pay was set at more reasonable levels, according to a new report from the Trades Union Congress (TUC). The TUC has...

Efforts to scale up climate change investment fall further behind - news

The most comprehensive inventory of climate finance to-date shows investment is far short of the need, and falling further behind each year. Global investment in climate change plateaued at...

Ethical investment takes spiritual turn with new website - news

A new website offers consumers a new resource to make ethical and spiritual decisions about the use of money. The ‘ your faith your finance’ website contains facts, links and...

World’s largest solar plant enters commercial operation - news

The world’s largest parabolic trough solar plant entered commercial operation in the US this week. It is also the first solar plant in the US with thermal energy storage which allows...

Tesco to help supply chain cut carbon and energy use - news

British supermarket chain Tesco has introduced a collaborative buying club which will help its suppliers invest in energy efficient lighting equipment and installations by offering substantial...

Big business bucks economic trend on community front - news

Leading international companies are maintaining their investments in local communities and helping more people, despite the tough economic climate. New data on corporate community investment...

Dragon Award winners help recover London's 'lost apprentices' - news

London’s Lord Mayor Roger Gifford hailed this year’s winners of the annual Dragon Awards for their commitment to providing job prospects to people whose skills would otherwise remain...

Peter Webster elected to PRI council - news

The Principles for Responsible Investment (PRI) has announced the results of its annual election of signatories to the PRI Advisory Council and Peter Webster, ceo of EIRIS, a leading global...

UN proves sustainability pays as Church calls for fossil free policy - news

The United Nations Global Compact (UNGC) has long been criticised for promoting a loose definition of corporate sustainability, keeping it simple by asking compact signatories to “embrace,...

inbrief - news

Energy boost... The global energy industry must play a greater role in the transition to sustainable energy systems if UN goals are to be met, warns a report from the World Energy Council...

inbrief - news

In deep water... T he International Tourism Partnership (ITP) has warned that by 2030 demand for freshwater may outstrip supply by 40%. In its latest report on water risk issues, the ITP...

Chinese cities failing to find sustainability balance - news

Around 80% of Chinese cities are failing to achieve a balance between economic growth, resource efficiency and sustainable development, according to a study by Accenture and the Chinese Academy...

Partnering with NGOs boosts corporate reputation, finds C&E report - news

Businesses see the enhancing of brand, reputation and credibility as the most important reason for partnering with NGOs, reports the 2013 Corporate-NGO Partnerships Barometer. This benefit...

inbrief - news

Neat peat… A new tool setting out guidance and quality standards for sustainable business investment in peatlands has been launched by the UK’s Environment Minister Richard Benyon....

Japanese firms to appoint more outside directors to improve governance - news

Western investors have long criticized Japanese corporations for weaknesses in governance. The lack of outside directors on many boards is one of the issues. Two major corporate scandals in...

inbrief - news

Build better… The Technology Strategy Board is to invest £60m over the next 5 years to support innovation in energy efficient building projects. This is expected to leverage...

inbrief - news

Fine affair… The Financial Conduct Authority (FCA) has fined JPMorgan Chase Bank N.A. £137,610,000 ($220 million) for serious failings related to its Chief Investment Office (CIO)....

inbrief - news

Build up… The World Green Building Council has awarded its highest accolade, the Business Leadership in Sustainability to British Land as part of its Europe Region Leadership Awards....

Business low down pecking order for effecting environmental change - news

British high street stalwart Marks & Spencer proved top of most consumers’ minds when asked to name a company that took environmental sustainability seriously in their daily business...

Big companies making little headway on climate change - news

The world’s largest listed companies are failing to reduce their environmental impacts despite increasing stakeholder, political and scientific pressure, reports the CDP, the international...

P&G builds on partnership with Habitat for Humanity - news

American FMCG titan Procter & Gamble (P&G) is partnering with Habitat for Humanity to fund the construction, repair, and cleaning of homes in 12 countries around the world. The...

Lack of consensus on climate change damages UN energy targets - news

The global energy industry must play a greater role in the transition to sustainable energy systems if UN goals are to be met, warns a report from the World Energy Council (WEC). The...

Report sets new benchmark for corporate sustainability in Africa - news

The UN Global Compact and newspaper group Financial Times have produced the first benchmark for CSR in Africa. The joint initiative, the Africa Sustainability Barometer, gauges the state of...

Work to begin on largest tidal energy project in Europe - news

Joint venture company MeyGen is to begin installation of the largest tidal energy project in Europe. The 86MW tidal energy project has just received the official greenlight from the Scottish...

Chinese cities fail to achieve growth/sustainability balance - news

Eighty per cent of Chinese cities are failing to achieve a balance between economic growth, resource efficiency and sustainable development, according to a study by Accenture and the Chinese...

Freshwater demand to outstrip supply by 2030, says ITP - news

The International Tourism Partnership (ITP) warns that by 2030 demand for freshwater may outstrip supply by 40%. In its latest report on water risk issues, the ITP highlights a range of...

Fletcher welcomes BUPA's Carbon Trust certification - news

International healthcare group Bupa has become the first healthcare company in the private sector to be awarded global Carbon Trust Standard certification. The Carbon Trust assessed and...

inbrief - news

? Aviva appointment... Aviva Investors has appointed Abigail Herron as head of engagement in the global responsible investment Team. She reports to Steve Waygood, chief responsible investment...

inbrief - news

? PRI change... James Gifford, executive director of the Principles for Responsible Investment project for the past 10 years, is stepping down. He will leave the organisation at the end of...

Impax exec appointed to NERC - news

Ian Simm, chief executive of Impax Asset Management, has been appointed by the Secretary of State for Business, Innovation and Skills (BIS) as a member of the UK’s Natural Environment...

Sky’s the limit at The Bigger Picture - news

Daniella Vega is head of responsibility at BSkyB’s CSR department, aka The Bigger Picture, and is also this year’s recipient of 2Degree’s Sustainability Champion of the Year...

Investors see risk of climate change but struggle on gauging green assets - news

Institutional investors may be sophisticated enough to model the effect that accelerating global warming has on their portfolios, but generally struggle to assess which green investments work...

Ethical funds outperform non-ethical rivals - news

The past 12 months have been a notable period for ethical fund performance with the average ethical fund posting gains of 24% compared with 18% growth from the average non-ethical fund. The...

Church of England to take on high-interest payday lenders - news

The Church of England is to investigate how it broke its own ethical rules and invested indirectly in a high-interest payday lender. At the same time the church will go through its books...

US to investigate market irregularities at JP Morgan Chase - news

New inquiries are now being conducted by the Department of Justice, the US criminal investigation agency, into allegations that JPMorgan Chase manipulated energy markets. JPMorgan Chase,...

P&G ramps up partnership with Habitat for Humanity - news

American FMCG titan Procter & Gamble (P&G) is partnering with Habitat for Humanity to fund the construction, repair, and cleaning of homes in 12 countries around the world. The...

Aviva develops new way to measure carbon offsetting - news

Insurance giant Aviva has partnered with  ClimateCare to develop a new way to measure and report the full impact of offsetting carbon emissions. For the first time, Aviva has been able...

Power shift: emerging economies to drive renewables sector - news

The renewable energy sector will soon be driven by emerging economies according to a new report from research agency Frost & Sullivan. The shift in market power will be down to the...

Ethical funds outperform non-ethical rivals - news

The past 12 months have been a notable period for ethical fund performance with the average ethical fund posting gains of 24% compared with 18% growth from the average non-ethical fund. The...

Pharma giants pledge greater drug transparency - news

The European Federation of Pharmaceutical Industries and Associations (EFPIA) and the Pharmaceutical Research and Manufacturers of America (PhRMA) have strengthened their commitment to enhancing...

Ethics & economics are stacking up against fossil-fuel investment - news

“Coal is a dead man walkin’,” Deutsche Bank global head of asset management Kevin Parker told The Washington Post in January 2011. “Banks won’t finance them....

Here be dragons? - news

An unexplored territory to many, Keith Crane looks at how foreign companies are approaching CSR programmes in China and discovering that businesses need to ‘reverse the support...

Awards celebrate corporate responsibility & sustainability - news

Jaguar Land Rover has been crowned Business in the Community’s 2013 Responsible Business of the Year, taking over the mantle from British high street stalwart Marks & Spencer. The...

Sierra Leone land grab fuels poverty - news

The rush for farmland by foreign investors engaged in industrial-scale plantation agriculture in Sierra Leone has increased poverty and food shortages among communities who have lost their...

Workwell updated... - news

Business in the Community (BITC) has launched a new version of its public reporting guidelines on Employee Engagement and Wellbeing; reiterating its relevance to investor decision-making....

Mining companies with water strategies perform better, says report - news

Metals and mining companies that are taking action to manage water strategically are proving better financial performers, says investor analysis from CDP and Eurizon Capital. Metals &...

Call for halt to industrial plantations in Sierra Leone - news

The push for farmland by foreign investors engaged in industrial-scale plantation agriculture in Sierra Leone has increased poverty and food shortages among communities who have lost their...

PFZW shuts door on tobacco sector - news

Dutch pension fund for the care and welfare sector, Pensioenfonds Zorg en Welzijn (PFZW) has added tobacco products to the list of companies it excludes from its investments. The move...

Europeans believe buying green can make a difference - news

A new European Commission survey indicates that more than three-quarters of EU consumers are willing to pay more for environmentally-friendly products if they were confident that the products...

“Days of making a return or a difference now over” - news

“The days of making a return or making a difference are over,” Justine Greening, Britain’s secretary of state for international development, told delegates at the recent FT/IFC...

A framework for maximising employee engagement - news

The UK is ranked ninth amongst the world’s twelve largest economies for employee engagement levels (Kenexa 2009). Productivity statistics also paint a worrying picture with a recent ONS...

IBE appoints associate director - news

Peter Montagnon, currently senior investment adviser at the Financial Reporting Council, is to join the Institute of Business Ethics (IBE) in the new role of associate director. The IBE,...

Jaguar Land Rover drives into top spot at BITC business awards - news

Jaguar Land Rover was crowned Business in the Community’s 2013 Responsible Business of the Year at a gala dinner in London earlier this week, taking over the mantle from British high...

Time to step up divestment in ‘man’s most evil creation’ - news

Not mincing his words, Nobel Peace Prize laureate and anti-apartheid campaigner Desmond Tutu said in a 2012 International Campaign to Abolish Nuclear Weapons (Ican) report: “Nuclear...

The art of working in collaborative partnerships - news

Collaboration, either between different divisions of large corporates, or between companies and organisations in related fields, is not just a simple case of pooling expertise. There are lots...

Hyatt Hotels check out community engagement - news

Global hospitality company Hyatt Hotels Corporation recently unveiled a new social pledge campaign called Commit To Thrive, which asked employees, guests, and local residents to take an online...

Report highlights global differences in environmental attitudes - news

People care for the environment, and a large majority state that they are willing to make compromises to green their lifestyle according to a new OECD survey of 12,000 households. However, the...

Corporate diversity still lacking in top European firms - news

Large European companies may have gone global, but this is not yet reflected in their leadership according to a study by AXA Investment Managers. The report, Future-proofing company...

“Days of making a return or a difference now over” - news

“The days of making a return or making a difference are over,” Justine Greening, Britain’s secretary of state for international development, told delegates at the recent FT/IFC...

CalPERS launches sustainability factor SRI database - news

The California Public Employees’ Retirement System (CalPERS) and its academic partners have launched a searchable database of more than 700 academic studies on sustainability...

Advent of SSE puts UK "at heart of social investment" - news

Britain’s Prime Minister David Cameron has officially launched the Social Stock Exchange (SSE), a new initiative designed to connect the public financial markets with social impact...

Sustainability ratings boost business commitment to CR - news

Sustainable investments and sustainability ratings have been proved to be an important lever for motivating companies to make a greater commitment to sustainable development, according to a new...

UKSIF calls for G8 to address barriers to responsible investment - news

As the G8 Summit kicks off in North Ireland, the UK’s Sustainable Investment and Finance Association (UKSIF) has called for attendees to use the event to make progress in breaking down...

UK's Impax named Sustainable Investor of the Year - news

The Financial Times (FT) and IFC, a member of the World Bank Group announced the winners of the 2013 FT/IFC Sustainable Finance Awards recently, with M-KOPA of Kenya winning the Award for...

‘Sin stocks’ still main ESG focus for many investment funds - news

Only a minority of common investment funds (CIFs) consider issues outside of the traditional 'sin stocks' of tobacco, alcohol, gambling, military and pornography, according to the EIRIS...

Carbon Trust appoints advisory panel - news

The Carbon Trust has appointed a new international advisory panel. The panel brings together a number of top experts from around the world to provide advice on the global low carbon economy to...

Kaufmann appointed CEO of Ethos Foundation - news

Vincent Kaufmann has been appointed deputy ceo of Ethos Foundation and Ethos Services. In this position he will work closely with Ethos’ ceo while remaining responsible for fund management...

Award winner... - news

Phil Angelides has been awarded the fifth-annual Joan Bavaria Award for Building Sustainability into the Capital Markets. Angelides is currently President of Riverview Capital Investments, a...

Former FT mandate,Roger Aitken, analyst, interprets the Fundwatch data: - news

Ethical funds across five sectors analysed by Morningstar in the latest one-year period to 30 April 2013 posted reasonably healthy peer group average returns ranging between +10.97% for European...

Unilever makes sustainable sourcing headway - news

Anglo Dutch fmcg giant Unilever is now sourcing more than a third of its agricultural raw materials sustainably, having made significant progress towards its target of 100% by 2020. With...

Institutional integrity... - news

Three quarters of companies targeted in an investor engagement aimed at improving disclosure and understanding of companies’ anti-corruption risk management have significantly improved...

Few companies calculate fiscal effect of sustainability - news

All US companies except one in the Standard & Poor’s 500 list make some sustainability disclosure but few calculate its effect on their financial performance, says a new report....

GSK & Save the Children ramp up collaboration - news

Save the Children and pharma giant GlaxoSmithKline (GSK) are ramping up their collaborative efforts with an ambitious new partnership to save the lives of a million of the poorest children in...

Barrick loses New Zealand fund investment - news

The world’s largest gold mining company has lost the investment of a sovereign wealth fund that handles billions of dollars. The New Zealand Superannuation Fund, whose portfolio is...

Future investment... - news

£21m has been awarded to UK entrepreneurs to help bring a range of new and innovative low carbon products to market, the Department of Energy and Climate Change (DECC) has announced. The...

BT in bid to build online Africa - news

British telecoms giant BT is working with international charity SOS Children’s Villages on its latest CSR programme, Connecting Africa, which will connect 20 of the charity’s sites...

Trust takes years to build, just seconds to break - news

TV game show-wise I’ve always been more Mastermind (general knowledge round of course) rather than University Challenge, so when ITV broke new ground with Who Wants To Be A Millionaire, I...

Bonn leads way as carbon-free city - news

Deutsche Post DHL is switching to electric vehicles for its delivery services in Bonn and the surrounding region, making the city the first location in Germany with a carbon-free vehicle...

RobecoSAM kicks off CSA research - news

RobecoSAM, the asset manager focused exclusively on sustainability investing, has invited the 2,500 largest companies (in terms of free float market capitalization) from all industries to...

Investors encourage participation in UN’s ‘PRI for Rio’ global initiative - news

As investors across the globe are increasingly evaluating companies’ ability to address environmental, social and corporate governance (ESG) opportunities and challenges, a coalition of 34...

All in a good day's work - news

The positive effects of employee volunteering on the community sector have long been recognised but there is less understanding of the benefits that volunteering can bring to a business and...

Morrisons wins first European CSR Award - news

Supermarket chain WM Morrison and product development contractor Pera Innovation have been named as UK winners of the inaugural European CSR Award recognising responsible and sustainable...

UKSIF’s new CEO - news

The UK Sustainable Investment and Finance Association (UKSIF) has appointed Simon Howard, a former group chief investment officer with over 20 years of experience in investment management, as...

Cleantech market major growth sector for UK economy - news

The cleantech market is a major growth sector for the UK economy, Michael Rudd, partner at legal firm Bird & Bird, highlighted at ecoConnect’s recent Green in the City Forum which...

Big brands back 'Climate Declaration' in US - news

Over 30 major American companies including eBay and Nike have signed a “Climate Declaration,” urging federal policymakers to take action on climate change, asserting that a bold...

Water quality standards slip across Europe - news

Water in over 6,000 towns and cities across Europe is failing EU environmental standards, putting the health of millions of people at risk and rendering taxpayers liable for fines of over...

ISS UK supports LifeSkills - news

ISS UK has signed up to support LifeSkills, a major new programme launched by Barclays for business, schools and government to work together to remove the barriers young people face in moving...

Ethisphere publishes World's Most Ethical list - news

A record 145 businesses from 36 industries and more than 100 countries appear in the World’s Most Ethical Companies 2013 list published recently by Ethisphere, the US responsible practice...

Ethical investment hub launches online - news

The first online marketplace for positive ethical investments has gone live at ethex.org.uk Individuals can now buy and sell investments in leading social businesses online through Ethex,...

India takes off as impact investment lure - news

India has become the world’s second largest market for impact investing, through which funds deliver benefits to society as well as financial returns, reports the Rockefeller Foundation,...

IHRB guide calls for effective integration of human rights risk in investments - news

A new guide from the IHRB will help investors work with companies to ensure they have the systems and know-how to deal with human rights risks, Margaret Wachenfeld, director of legal affairs at...

Dujardin joins Sustainalytics - news

Sustainalytics has hired Loic Dujardin as a director of the research products team. Loic formally joins the organization on May 1, 2013 and will be based in the firm’s Singapore office....

Small-scale mining needs sustainability focus too - news

A sustainability research body has started a campaign to raise awareness of artisanal and small-scale mining and to ensure that the industry improves lives and safeguards local environments....

Italy makes progress but still faces ‘numerous challenges’ - news

Fifteen of the 30 European cities with the worst air pollution are in Italy, reports the OECD in its environmental performance review of the country. The review concedes that Italy has...

Brazil’s biggest beauty company makes anti-poverty pledge - news

Natura, Brazil’s biggest beauty company – and a green one at that - has pledged to provide new skills training to low-income sales representatives in Mexico. The initiative is part...

ClimateCare & BioCarbon launch cookstove project in Ghana - news

Climate and development organisation ClimateCare, together with investment partner BioCarbon, is looking to improve health and reduce carbon emissions with the registration of its Clean...

Nike races ahead in sustainable materials & chemistries - news

Global sports brand Nike is accelerating the supply of more sustainable materials and chemistries through a new partnership with Switzerland’s Bluesign Technologies. Bluesign will...

Starbucks expands $70m ethical sourcing programme in Costa Rica - news

American coffee shop titan Starbucks is ramping up its ethical sourcing programme with a new farming research and development centre in Costa Rica. The move forms part of the company’s...

New UK nuclear power station gets green light - news

Tom Smith Normal.dotm 0 0 2013-03-11T18:14:00Z 2013-03-19T13:22:00Z 1 236 1327 21 4 1658 12.0...

Barclays in the dock again - news

Barclays, rescued in 2008 with £7bn mainly from Qatar and Abu Dhabi, has been accused of misleading its shareholders after it emerged that Sheikh Mansour, the Manchester City soccer club...

Antipodes doubt native CSR leadership - news

Australian and New Zealand CSR practitioners doubt the CSR leadership in their own companies compared with that within other organisations, according to research by the Australian Centre for...

Eurosif launches new version of Transparency Code - news

Eurosif, the European Sustainable Investment Forum, has launched version 3 of the European SRI Transparency Code to reflect recent market developments and make it ‘more...

AXA develops ESG framework - news

AXA Investment Managers has developed a framework for analysing sovereign debt portfolios according to ESG criteria. Following publication of its own research study, Sovereign debt investing:...

ESMA publishes guidelines for AIFMs - news

The European Securities & Markets Authority has published final guidelines on alternative investment fund managers (AIFMs) remuneration, to help promote sensible risk-taking and align fund...

UKSIF in drive to convince investors of long-term benefits of active ownership - news

While fund managers have often been the focus of those looking for more sustainable investment approaches, UKSIF chief executive Penny Shepherd tells Mike Scott how their attention is moving to...

UK government supports ring-fencing of retail and investment banking - news

Britain’s big banks will be broken up by the UK government if they ignore directives to separate their investment and retail arms. George Osborne, the chancellor of the exchequer...

NGOs turn up heat on Nike over Indonesian workers’ below minimum wage pay rates - news

Indonesian suppliers to the US sportswear group Nike are being pressured by trade unions and the US Catholic NGO Education for Justice (EFJ) to pay their workers minimum wages. The EFJ...

Sandy Hook killings spark US state pension funds into firearm industry divestments - news

Calls in the US to divest from its $12bn-a-year firearms industry are gaining momentum after the Sandy Hook tragedy in December, in which 20 elementary schoolchildren and six adults were shot...

Allia launches social impact bond to public investment - news

The first social impact bond open to public investment has been introduced in the UK to help children aged between 11 and 16 to avoid going into care. The Future for Children Bond, offered...

Go-Ahead wins Carbon Trust Standard - news

UK bus and rail operator Go-Ahead Group has been awarded the Carbon Trust Standard for the third time for its action on carbon emissions. The company scored 83% in its assessment, reflecting...

Sustainable investing takes off in Asia - news

Sustainable investing has become a significant force in Asia, with 130 of the region’s fund managers using sustainable approaches to build investments, worth $74bn (£47bn,...

EuroCharity teams with VRS to launch ESG report - news

EuroCharity has partnered with Valuation & Research Specialists (VRS) to launch an ESG Metrics Report service for its corporate members. The service will offer stakeholder briefings on...

How entrepreneurs can lead business charge in battle on environment - news

‘Climate change is one of the greatest wealth generating opportunities of our generation,’ said Carbon War Room co-founder Richard Branson. Maria Figueres tells Mike Scott about...

Barclays CEO breaks with bank’s scandal-hit past - news

Barclays chief executive Antony Jenkins has told the bank’s staff that they must adopt five new core values – respect, integrity, service, excellence and stewardship – or leave...

US banks’ $20bn bill for subprime mortgage fiasco - news

Ten US banks are to pay more than $20bn (£12.6bn, €15bn) to the government mortgage agency Fannie Mae and mortgage holders who suffered when the subprime market collapsed. Fannie...

Beefburger supplier Silvercrest loses Tesco business over horse DNA contamination - news

Leading UK supermarket chain Tesco has dropped a supplier of frozen beefburgers after tests showed last month that the product contained horse DNA. Tesco has, ‘with regret’,...

ESG ‘increasingly decisive’ in private equity purchases - news

Many businesses have halted mergers and acquisitions because of their target companies’ poor ESG performance, a new report reveals. And the study, commissioned by the UN-backed...

Tennant joins UK GIB - news

Tessa Tennant has been appointed as a non-executive director of the UK Green Investment Bank (UK GIB), a funding scheme initiated by the UK government designed to accelerate private sector...

Sustainability principles drive New Zealand’s farming power house - news

Farmland is an inflation-proof, defensive asset that has performed well during periods of stagflation. The farming business is also, by definition, inextricably linked with sustainability,...

Financial institutions ‘playing CSR catch-up’ - news

In the second CSR Breakfast roundtable, hosted by Ethical Performance and London-based consultancy Lumina, an invited group of senior finance industry CSR professionals discussed the ethical...

Hunt for value in recession drives NGO partnerships - news

The recession has boosted partnership deals between corporates and NGOs, reports the annual survey from C&E, the UK consultancy specialising in business-society links. The links were...

Ditchfield joins UKSIF's board - news

Barchester Green managing partner John Ditchfield has been elected to UKSIF’s board of directors. UKSIF’s vice chair, FTSE Group head of responsible investment David Harris, and...

Mathur joins CalPERS - news

California Public Employees’ Retirement System (CalPERS) board member Priya Sara Mathur has joined the Principles for Responsible Investment (PRI) Association board. PRI is the...

Burmese farmers speak out - news

Conflicts over land are emerging across Burma, with farmers’ protests becoming common, sparking publication last month of a letter of solidarity from Focus on the Global South opposing...

Polymer fuel cell breakthrough imminent - news

A Carbon Trust report says the UK’s fuel-cell sector is close to developing breakthroughs in polymer fuel cells, which could significantly cut cost, the biggest barrier to wide-scale...

Once bitten, twice shy: how unexpected risks are concentrating investors’ minds - news

Data is the unglamorous foundation on which investment decisions are built. And the increasing availability of reliable ESG data is giving investors more powerful risk-assessment tools,...

Socially responsible building begins at home - news

There’s a housing crisis in the UK. We must build more homes to relieve the shortage and to kickstart the economy. So investment in housing must be socially responsible, right? Well,...

Sophisticated strategies underpin surging growth of European SRI market - news

Europe’s SRI growth is outperforming the market, with investors adopting a wider and more sophisticated array of investment strategies, says the European Forum for Sustainable Investment...

New recruits at FTSE ESG unit - news

Kevin Bourne and Gordon Morrison have joined FTSE Group’s new Environmental Social Governance (ESG) Service Unit, Kevin as MD and Gordon as head of a new ESG Analytics team. The unit will...

Romano new ceo at Rothschild - news

Marc Romano has been appointed CEO of Rothschild HDF Investment Solutions, the new entity resulting from the merger of its multi-management activities with HDF Finance. Pierre Lenders left the...

First State Investments in exec shake-up - news

Will Oulton has been appointed global head of responsible investment at First State Investments, in London, and Pablo Berrutti has taken the newly-created role of head of responsible investment...

The world is becoming an increasingly complex place for investors - news

Fund managers need to look beyond short-term gains and become more aware of long-term risks, such as climate change, because, Emma Hunt of Towers Watson tells Mike Scott, there will be much...

Global 500 companies lag behind emissions targets - news

Few companies are setting the targets or investments needed for long-term resilience to climate change, reports the Carbon Disclosure Project (CDP), the non-profit body that advises business on...

UK financial regulator acts after research shows sales incentives promote mis-selling - news

The UK Financial Services Authority (FSA) has launched a crackdown on finance firms' sales bonus schemes after a year-long study revealed how incentives promote mis-selling. And the...

Investors raise concerns over drug firms' lobby group links - news

Four major drugs companies have been challenged by an alliance of investors over their use of political funds in the US to undermine birth control services. The four – Bayer, Johnson...

Dual-class share structure focus of News Corp vote - news

News Corp's controversial dual-class share structure is coming under sustained attack, with institutional and individual investors due to push for its removal at the company's AGM in Los...

US proxy set to stay central to corporate engagement – despite better dialogue - news

Shareholder dialogue with US corporations is improving but Timothy Smith, of Boston-based Walden Asset Management, tells Robert Kropp that filing resolutions will remain a crucial element of...

The search for value among the numbers - news

We will continue to consume and trade as the climate changes. But in a world where production and supply chains come under increasing strain, how far down the path is it right to exploit...

EU presses to have ESG profile of retail investment products published - news

An EC proposal for retail investors to be informed about how ESG concerns are taken into account in their investment has been welcomed.   Eurosif believes that the EC’s...

Oil sands producers join to tackle environment issues - news

Canadian Oil Sands Innovation Alliance (Cosia), which represents 12 of the largest Canadian oil sands producers, has been formed to ‘find solutions to the environmental challenges of oil...

Barclays, Standard Chartered challenged over Russian oil and gas complex pollution - news

Three British banks and the Shell oil company have come under attack from civil society groups for failing to address alleged environmental and human rights abuses by a giant integrated oil and...

Think-tank scheme for local investment - news

 A social enterprise finance model of community infrastructure bonds  (Cibs), using multiple revenue streams and links to land and property values through a Special Purpose Vehicle...

IKEA invests in wind farm - news

IKEA’s plans to fill all its energy needs from renewable sources ( EP, July 2012, p5 ) are taking another step with investment in a 30-turbine wind farm on Glötesvålen, a...

Hungary sells 2.5m EUA - news

The Hungarian government has sold 2.5 million EU emission allowances (EUA), raising €16.82m (£13.14m, $20.40m). The EUAs were sold for an average price of €6.73 each between 23...

NEIK goes to church - news

This year’s National Ethical Investment Week (NEIW) is being promoted to churches and faith groups to encourage congregations and communities to make a difference with their money. NEIW...

A duty of business: to protect human rights - news

Harvard professor John Ruggie has been toiling on behalf of the UN since 2005 to devise a framework for ways in which businesses should manage their interactions with the lives they affect. Are...

Time to treat water as a non-renewable resource - news

Despite the fact that water falls free from the sky, shortages now represent a significant business risk for companies like Anglo American, affecting not only day-to-day operations but long-term...

Climate bonds ‘are the ideal financial tool to tackle climate change’ - news

Bond investors are not comfortable with the risks of developing projects. But once schemes are up and running, they are happy to provide refinancing, Sean Kidney, co-founder and chair of the...

EPA wins backing to limit power plant emissions - news

The US Environmental Protection Agency (EPA) has been given ‘unambiguous’ backing to regulate greenhouse gas (GHG) emissions, despite opposition from corporations and trade...

Alliance calls for standard on sustainability reporting - news

A passage in the Rio+20 final document covering sustainability reporting by publicly listed and large companies has won the support of the Brazilian, Danish, French and South African...

Murdoch withdraws as hacking scandal continues - news

News Corporation chairman Rupert Murdoch has fuelled speculation about an impending exit from the troubled media giant after resigning as a director of the three UK subsidiaries behind the...

Five stock exchanges to promote corporate responsibility - news

Nasdaq is among five stock exchanges that have committed to promoting CSR principles among the nearly 5,000 companies collectively listed on their markets.    The US technology...

Hopes for robust arms trade treaty survive stalled UN negotiations - news

Agreement on the first ever global arms trade treaty (ATT) could be within sight, despite the failure of month-long talks involving more than 170 UN member states in New York.   A...

Reddy moves up at Prudential - news

Prudential Financial has appointed Lata Reddy as vice president, corporate social responsibility, and have named her as president of the Prudential Foundation. She is responsible for the...

Board aims to put natural and financial capital on the same footing in the US - news

It’s time company reporting on environmental, social and governance issues is given the same rigour as financial reporting, Jean Rogers, chief executive of the Sustainability Accounting...

CSR driving change at the heart of business - news

Economic challenges abound, but the CR Salary Survey 2012, published this month, shows a sector that’s not only enjoying continuing growth but also a place increasingly at the heart of...

It’s all down to business ... as usual - news

Leaf through the pages of this edition of Ethical Performance and you could be forgiven for thinking that this is our sustainability issue. Since the date was set for the UN Conference on...

Bank of America’s $50bn to green global economy - news

Bank of America has announced a ten-year $50bn (£32bn, €40bn) environmental business project to deal with climate change, reduce demands on natural resources and advance lower-carbon...

Insurance industry bodies back UN ESG principles - news

Leading insurance companies and industry bodies from across nations and regions have committed to a UN-backed programmes to green the sector and promote responsible investment globally....

UN Global Compact appoints 14 new board members - news

The United Nations Global Compact has appointed 14 new members to its board. The following have been newly appointed to serve three-year terms: Jorge Abrahão (Ethos Institute), Kurt Bock...

GIB makes first investments - news

The UK government’s new Green Investment Bank has made its first infrastructure investments. £30m ($47m, €37m) has been awarded to Greensphere Capital to work on small projects...

Taking accountability back to where it belongs: at the top of the value chain - news

The newly-formed Asset Owners Disclosure Project seeks to build on the work of the Carbon Disclosure Project to see if emissions data can better drive change. Its executive director, Julian...

Buying into a world without fashion victims - news

In the first CSR Breakfast roundtable, hosted by Ethical Performance and London-based consultancy Lumina, an invited group of senior fashion industry CSR professionals discussed the ethical...

Barclays and MSCI introduce indices to promote growth in ESG investment - news

Global ESG indices for fixed-income bonds are to be introduced by MSCI and Barclays. MSCI, the investment consultancy and index provider, and Barclays, which publishes market bond...

General Electric tops Climate Innovation Indexes as US business engagement grows - news

General Electric has been named as the leader of US clean-tech innovation and carbon management in the third cycle of investment risk research company Maplecroft’s Climate Innovation...

Remuneration packages spark shareholder revolts - news

Shareholders have finally challenged and changed company decisions after weeks of high-profile campaigning over pay deals and executive elections in the UK. Now further rebellions are...

AdvisorShares launches sustainability fund - news

A leading US sponsor of actively managed exchange traded funds (EFTs) has launched an investment vehicle that, it believes, could help bring impact investment into the mainstream....

Europe leads US and Asian companies in Eiris ratings - news

European companies are outstripping their US and Asian counterparts on sustainability, says the latest Eiris report produced ahead of this summer’s Rio+20 conference. The German...

Apple and Amazon rapped over ‘dirty’ cloud computing - news

A new cloud computing report has deemed Amazon, Apple and Microsoft to be failing on climate change criteria through reliance on coal-to-power data centres, provoking the release of sensitive...

UN endorses ‘historic breakthrough’ on land access rights - news

The UN’s food security working group has endorsed landmark global guidelines to safeguard access-to-land rights for people in developing countries. The Voluntary Guidelines on the...

Emerald Wrap set to sparkle Down Under - news

The first platform for responsible investment has been launched in Australia. The Emerald Wrap, which immediately becomes a signatory to the UN-backed Principles for Responsible Investment, will...

Investment future for nuclear bleak, says Impax - news

An asset management firm has warned that the future will see investors continue to punish nuclear energy in the wake of the Fukushima disaster. Impax Asset Management says that the...

AfricaSIF sets out to bridge the reality deficit for foreign investors - news

Africa has become a destination for investment, but many misconceptions remain about the continent, particularly in developed markets. Graham Sinclair and Miles Mudzviti, of the newly-formed...

Trust deficit means business must prove its ethics - news

There was once a time when business leaders could just tell society ‘trust me to do the right thing’ and the general public would do so. Then, with increased regulation and pressures...

Profit motives and the pursuit of happiness - news

When an entrepreneur has the inspiration to start a business, their first aspiration is not necessarily a financial one. Before the bit about developing a sustainable business model comes...

Heineken looks to take development role in earthquake-stricken Haiti - news

Heineken is planning to build schools and hospitals in Haiti in the latest sign of private-sector expansion into international development and public services. The brewer looks set to...

Chinese state steps in with ‘transformative’ move on sustainability in private sector - news

China has introduced green lending guidelines for banks in order to encourage sustainable growth in the private sector. The government’s banking regulator, the China Banking...

US ‘Jobs Bill’ raises fears of a scamfest - news

President Barack Obama has signed into law a major bill that excuses most companies from all governance requirements, investors and shareholder groups have said. The so-called ‘Jobs...

‘Investor ambivalence’ a drag on ESG performance - news

Global stock exchanges are the leaders in promoting CSR performance and reporting but remain restricted by regulation and investor ambivalence, according to new research from Aviva Investors in...

Integrity accreditation launched to show how businesses ‘practice what they preach’ - news

A new ‘integrity’ accreditation system has been introduced in the UK to ‘reassure’ stakeholders of an organisation’s business ethics. The Investing in...

Big pension funds failing on SRI disclosure, says study - news

The UK’s largest pension providers are letting down their eight million clients on social and governance issues, says a new study. FairPensions, which surveyed the ten largest...

Henderson SRI team move to Wheb - news

The former Henderson SRI team, sacked by the firm at the end of last year ( EP, February 2012, p2 ), has been appointed by the UK-based sustainable investment boutique Wheb Asset Management,...

New French regulations in force - news

The disclosure of CSR policy is now mandatory for asset managers in France. Companies will now have to mention the corporate responsibility issues they take or do not take into account in...

Growing pains and CSR in the People's Republic - news

China's rise to industrial powerhouse has not been painless, with pollution, freedom of speech and workers' rights regularly hitting the news. But CSR could play a critical role in...

London's moves to lead the responsible finance world - news

Next month, Big Society Capital (BSC) opens its doors for business in London's financial centre. It will be part-funded by and sit alongside some of the banks that Lord Turner, the UK...

Ikea seeks suppliers' compliance with sustainability code by end of year - news

The furniture multinational Ikea will remove suppliers from its supply chain if they depart from its code of conduct as it pushes for full compliance this year. This action, meeting part of...

Germany leads way on comprehensive CSR plan - news

An ambitious green economy drive announced by the German government emphasises principles in corporate responsibility and socially responsible investment. The policy recommendations of the...

Chevron shareholders call for transparency after alleged corrupt payments to Burma - news

Demands that Chevron adopts country selection procedures in the wake of a number of international scandals have been made by shareholders. A resolution telling the oil giant to implement...

Coalition resists social duty call on UK regulator - news

Coalition MPs have defeated an amendment to a bill that would have placed a 'duty' on the UK's planned Financial Conduct Authority (FCA) to promote social and responsible investment....

Coalition MPs defeat move to place SRI duty on UK’s new financial regulator - news

Coalition MPs have defeated an amendment to a bill which would have placed a ‘duty’ on the UK’s planned Financial Conduct Authority (FCA) to promote social and responsible investment. The...

Macri to head SRI at Australian Ethical - news

David Macri has been named as Australian Ethical’s new chief investment officer. An internal appointment, Macri replaces James Jordan as the SRI firm investment head, and will work to...

Dando joins PIRC - news

David Dando has joined the UK proxy agency, Pensions & Investment Research Consultants (PIRC) to run its custom services team. Joining from the governance advisor HBQ Partners, which...

Clements-Hunt leaves UNEP FI - news

Paul Clements-Hunt has resigned as head of the United Nations Environment Programme Finance Initiative (UNEP FI) to pursue a career in SRI within the private sector. Clements-Hunt, who has...

Global fairtrade fund makes debut - news

A Zurich-based SRI firm has launched what it is calling the world’s first global fairtrade fund. With the aim of generating “a reasonable return on investment by worldwide...

The best democracy that money can buy - news

The trust between US consumers, investors and corporations has suffered ever since companies were allowed to spend on election campaigns without cap, regulation or disclosure. But, reports...

Games organisers turn to GRI guidelines to keep London Olympics green - news

The London 2012 Olympics has become one of the first organisations to announce it will use the newly-published event sustainability guidelines of the Global Reporting Initiative (GRI) for its...

French funds follow lead on exclusion - news

French asset managers are joining other European companies in the application of negative ‘normative exclusion’ screening to their investments. Few companies stand consistently...

New members join Forum for Sustainable & Responsible Investment in US - news

Four new members have been appointed to the US Forum for Sustainable & Responsible Investment board of directors. The membership association has elected: Darragh Gallant,...

Richards moves from Aviva to Threadneedle - news

Threadneedle Investments has appointed Iain Richards as head of governance and responsible investment. Richards joins from Aviva Investors, where he was regional head of corporate governance for...

Siemens asked to quite US Chamber of Commerce - news

An electronics multinational has been urged to withdraw from the US Chamber of Commerce following a perceived disconnect between its corporate responsibility policies and the Chamber’s...

Obesity 'a ticking time bomb' says SAM - news

Sustainable Asset Management (SAM) has outlined the investment opportunities created by solutions to obesity. The Zurich-based firm lists the possible returns for the private sector in a range...

New governance rules for Tokyo - news

The Tokyo Stock Exchange has announced plans to introduce new governance rules for its index constituents in the Spring. The new requirements, scheduled in response to a spate of investment...

CSR efforts recognised in Turkey - news

CSR Turkey has awarded a series of awards to companies deemed to be contributing to the country’s sustainability strategy leading up to 2023, Turkey’s centenary. At its Enterprise...

Business awaits the sustainable generation - news

Today’s generation of budding business leaders are much more likely to see sustainability as a cornerstone of their management agenda. Their real challenge will be promoting it in the...

Investor warning: it’s time to look beyond mere carbon disclosure - news

The Institutional Investors’ Group on Climate Change is looking to build real momentum on changing how companies factor in climate change risks to their business operations. Its chief...

Durban gives business a new focus on results - news

At this winter’s UN Climate Conference (COP17) in Durban, I was pleased to be a member of the largest private sector contingent to attend a COP to date. And there was a great deal for...

A global call for corporate sustainability - news

Sustainable development, and the critical role of business in sustainability, has become a repeated theme on these pages and in CSR commentaries around the world. With Rio+20 now firmly on the...

Governments given guide to low-carbon investing - news

Some of the world’s largest investors have set out a list of demands on how governments and companies should move ‘beyond disclosure’ in their response to climate change, with...

ABP divests from Walmart over workforce practices - news

Walmart has been blacklisted by one of Europe’s largest pension funds over its labour practices. ABP, the largest Dutch pension fund, has withdrawn from the retail giant and has said...

Henderson closes vaunted SRI department - news

Henderson Global Investors’ respected SRI team is being disbanded as part of the company’s restructuring. Henderson says it no longer wants a separate department running SRI...

Burnand & Frost elected to UKSIF board - news

The UK Social Investment Forum (UKSIF) has elected Geoff Burnand and Adam Frost to its board. Burnand, chief investment officer at Charity Bank and Frost, head of governance at SRI fund manager...

WindMade label flies high - news

Companies that source their power from wind energy can now proclaim it by attaching the WindMade label to their products. Under criteria published in October, the label can be used by companies...

Deutsche Bank launches social investment fund - news

Deutsche Bank has launched a £10m social investment fund. The money, which will be invested in intermediaries that lend to social enterprises, will be released over the next three years...

Ten years and counting on broadening demand for ESG investment tools - news

The FTSE4Good index was launched a decade ago, but its senior executive Tony Campos tells Mike Scott that ESG-driven investments are set to break out of their niche It’s been ten...

Hunt for the ‘holy grail’ of corporate reporting - news

Corporate reporting as an activity is evolving along with the ever rising demands of stakeholders and others. But can integrated reporting bring the transparency and openness being called for?...

Time to focus on the ‘health’ of global supply chains - news

Occupational Health and Safety (OH&S) is an integral part of sustainability, fitting well into the social dimension of the triple bottom line. It features in all the key global reporting...

‘Benefit corporations’ given own ratings system to showcase activities to investors - news

A new investment tool for social enterprises and investors in the US has been launched by an NGO that hopes to provide coverage for 2,500 firms by 2016. B Lab, a non-profit specialising in...

Hundreds of companies at risk of violating European harmful chemicals laws - news

A list of companies at risk of violating incoming European legislation on dangerous chemicals has been published by a Swedish NGO. The SIN Producers List, a catalogue of 389 companies using...

EC finally sets ‘agenda for action’ to promote Europe-wide CSR - news

The European Commission has published a new policy on corporate social responsibility, for the first time committing the European Union to a precise definition of CSR and outlining a concrete...

Former Innovest director launches new research firm - news

Former Innovest director Nick Brown has launched a boutique ethical investment research firm, Just Screening. The company is exclusively dedicated to providing negative screening services and is...

Erik Mather dies - news

The Australian ethical investment pioneer Erik Mather has died at the age of 45. He made a name for himself over the past ten years with the establishment of the BT Governance Advisory Service,...

EC sets up programme to advise on SRI - news

The European Commission has hired the services of International Corporate Governance Network (ICGN), Principles for Responsible Investment (PRI) and the European Federation of Financial Analyst...

Luxembourg gets own investment enviro label - news

Luxembourg is to get its own sustainable finance labelling scheme, LuxFlag. The environmental label for investment funds has opened for applications from funds, requiring them to submit...

CSR: a profession that’s coming of age - news

The Corporate Responsibility Group has decided to create a formal body for CSR professionals. Is this a natural progression for the new generation of CSR practitioners?    ...

UN backs core values on commodity markets - news

UN-backed principles for commodities-related investments have been established to help institutional investors navigate the sector’s CSR implications. Responsible Investment in...

Foundations’ $25m to boost agricultural performance in drought-hit east Africa - news

A group of US ‘impact investors’ have pledged $25m to develop sustainable agribusinesses in east Africa in response to drought and famine in the region. Foundations including JP...

Majority of Asian companies ‘failing to recognise basic employee rights’ - news

Nine-tenths of Asian companies have no human rights policies covering their operations in sensitive countries, and are failing to consider the International Labour Organization’s basic...

Fiduciary duty and long-termism drives SRI among European pension funds - news

More than half of European corporate pension funds have an SRI policy, and a further quarter expect to implement one within a year, according to the first comprehensive study of funds in...

Murdochs ride out shareholder revolt - news

Pressure mounts on News Corp as a shareholder-led campaign seeking the removal of key board members prompted a huge protest vote at the company’s AGM. Head of News International James...

Shell’s Nigeria opponents handed new ammunition - news

Shell’s activities in Nigeria are once again in the spotlight after the simultaneous release of secret court documents, an NGO report on its operations and a UN environmental assessment....

Coal-reliant Australia to adopt controversial carbon tax - news

Australia has adopted a ‘carbon tax’ so that around 500 of its biggest polluters will have to pay for their emissions. By two votes, the parliament passed a bill last month...

inbrief - news

Eurosif has named Francois Passant as its new executive director. Passant, previously in the same role at the Vanguard investment group, replaces Matt Christensen, who joined Axa in the summer....

inbrief - news

Amra Balic has joined BlackRock as head of corporate governance and responsible investment for Europe, the Middle East and Africa. Balic, previously Standard & Poor’s European...

F&C tops UKSIF survey - news

F&C’s pension scheme has topped an Uksif sustainable pensions survey. The company’s Asset Management Pension Plan was one of only three schemes awarded the highest...

In search of sustainable, low-carbon growth - news

While governments dither on sustainability, businesses increasingly see SRI as value-driven. But, HSBC’s Nick Robins tells Mike Scott, investment is being hampered by the harsh world...

After the storm: reining in the bankers - news

The 2008 crash hit trust in the banking sector, particularly in the US and UK. But can responsible business practices and increased regulation repair the damage? Mark Leftly reports The...

Shepherd and Wigley in as green bank makes first board appointments - news

Appointments to the newly-formed advisory board of the UK government’s Green Investment Bank (GIB) have been made. Chaired by Adrian Montague to advise ministers on the development...

Interest in farmland sparks principles launch - news

Principles for investing responsibly in farmland have been established with the goal of improving the sustainability, transparency and accountability of these investments. Institutions with...

Integrated reporting framework sets out stall on clarity and simplicity - news

An international framework for integrated reporting that will see firms providing more comprehensive, long-term and user-friendly information has been proposed. The International Integrated...

A financial planning tool that ‘predicts CSR value’ - news

The private arm of the World Bank has launched the Financial Valuation Tool, a resource for predicting returns on future CSR investments. The International Finance Organization programme,...

inbrief - news

Therese Niklasson has joined Investec Asset Management as the company’s new head of environmental, social and governance (ESG) research. Niklasson, who joins from Threadneedle, where she...

inbrief - news

Willem Vosmer has rejoined the Netherlands-based CSR consultants Steward Redqueen to help develop the company’s emerging markets finance-practice after completing a one-year appointment at...

inbrief - news

Thomas DiNapoli has joined the Ceres board for a three-year term as the non-profit network’s investment director. As the trustee of the third largest public pension fund in the US, the New...

inbrief - news

An information resource on carbon offsetting has been launched by a UK-based media company. REDDcarbonCredits, the first corporate tool based on the United Nations initiative on Reducing...

inbrief - news

Former UK cabinet minister David Miliband has been hired as an advisor by the US ‘clean-tech’ investment firm VantagePoint. Miliband, who is still a member of Parliament, will act as...

Investors have the data. Now’s the time for action - news

Awareness of corporate climate impact has been transformed since the Carbon Disclosure Project was born in 2000. But its chief executive Paul Simpson tells Mike Scott that disclosure alone is...

Multinational subsidiaries are no safe haven in Africa - news

It is generally accepted that Africa should deliver strong portfolio growth in the decade ahead. Yet African markets have specific environmental, social and governance (ESG) risks that need to...

Growth in corporate-NGO alliances driven by cash and credibility - news

UK corporations intend to increase their investment in NGO partnerships during the next three years, despite the weak economic outlook. And the credibility of such collaborations, from...

China leads renewables boom as West flags - news

Global investment in renewable energy has passed the $200bn (£122bn, €140bn) mark, having risen by a third in 2010, thanks partly to China’s booming renewables market. The...

Sustainable investment taking root in Africa - news

Sustainable investment has found a ‘strong niche foothold’ in sub-Saharan Africa and is expected to grow significantly over the next five years. This is the optimistic...

Bank of America responds to financial crisis with first responsibility report - news

The largest US bank has pledged in its first CSR report to put its financial house in order. Bank of America has promised to build a ‘fortress balance sheet’ through...

Investors revolt at Vedanta AGM - news

Investors, NGOs and protesters have rounded on the Indian mining giant Vedanta at the company’s latest AGM. Vedanta, long-criticized for its environmental and human rights record, was...

Scandal sparks News Corp investor backlash - news

A spate of divestments and shareholder lawsuits has added to widespread public criticism of News Corporation in the wake of the UK phone-hacking scandal. The company faces calls to overhaul...

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Jenny Pidgeon is to take over Henderson Global Investor’s newly created responsible property investment (RPI) directorship. Pidgeon, who joins from Upstream Sustainability Services, will...

inbrief - news

A renewable energy bond has been launched onto the UK market. Capital raised by the corporate retail bond, set up by the Wind Prospect Group, will be used to fund commercial wind turbines in the...

inbrief - news

Two of  the UK’s foremost ethical investment champions have been named in the Queen’s birthday honours list. Charles Jacob, who played a key role in establishing the first SRI...

The economics of DZ’s new SRI analysis service - news

The German bank has launched one of the first sustainability ratings systems to include financial perspectives in its metrics. Mike Scott talks to the firm’s SRI research head to find out...

Major guidelines get a wash and brush up - news

The OECD has formally adopted a revised text of its Guidelines for Multinational Enterprises – 10 years after its last key review. EP looks at what has changed Broadened scope...

Don’t just play it safe – try something creative - news

Supply chain ethics is not solely about managing risk, it’s about seeking opportunities, says Daniel Hsu Recent headlines from China have included a deadly accident at Foxconn, a...

We now have the proof: SRI is at least as good any other strategy - news

Barely a week now goes by without the unveiling of a new piece of research showing that investment in socially responsible companies is likely to bring greater returns. Last month, Pictet Asset...

DZ Bank comes up with new ethics rating - news

A new sustainability rating system that includes an ‘economic perspective’ metric, has been created by Germany’s DZ Bank. The rating brings together data on 150 CSR issues...

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Two British financial advisors have set up an advice service for socially responsible investors. Mad Investing will be run by Anna Sofat, founder of the boutique financial services firm Addidi,...

inbrief - news

A leading financial services company has added CSR services to its securities lending investment programme. Clients of Citi, a US-based consultancy with $13trillion (£8tn, €9.15tn) of...

Stopping the investment flow to genocide - news

Investors Against Genocide emerged out of the Darfur crisis and now holds some of the world’s biggest financial institutions to account on their investments. Mike Scott talks to...

C-Suite is impressed with returns from CSR - news

A new survey shows that many companies feel their sustainability initiatives produce benefits that have exceeded expectations. EP looks at  the findings The majority of businesses say...

Listed status can be a liberation - but it can also act as a straitjacket - news

The flotation of the global commodities trader Glencore hasn’t just raised tens of billions of pounds. It has also brought up uncomfortable questions about the company’s record on...

Forestry sector gets climate change tips - news

A guide to investment in forest-based climate change mitigation has been produced by the United Nations Environment Programme Finance Initiative (Unepfi). The document outlines the...

Firms produce poor data on workplace strategies - news

Business in the Community has come up with a set of ‘draft metrics’ to help UK businesses improve reporting on employee wellbeing and engagement. The metrics have been produced...

Firms want investors to tackle poverty - news

More than 650 companies have called for ‘substantial private investment’ in the world’s poorest countries, seeking a bigger role for business in third world development....

Nuclear power ‘will survive’ - news

Japan’s nuclear power crisis will not derail the industry’s expansion worldwide, but will have lasting implications for power generation everywhere, a leading research and...

Palm oil changes take shape, so lending ban is lifted - news

The World Bank is to lend to the palm oil sector for the first time since September 2009, now that the industry has adopted a more environmentally friendly investment strategy. The bank and...

tobacco giant tries to haul Uruguay before court over smoking ban - news

The Uruguayan government has is being sued in a tribunal by a tobacco company after it instituted a smoking ban. The US-based Philip Morris has taken legal action seeking to bring Uruguay, which...

inbrief - news

Rob Lake has been appointed as the new director of strategic development at the United Nations Principles for Responsible Investment. Lake, previously head of sustainability at APG Asset...

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The ‘fiduciary straitjacket’ imposed on UK pension funds must be removed to promote sustainable investment, reports a pension research charity. FairPensions has proposed an...

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Eurosif, the SRI lobby group, is moving its headquarters to Brussels. The organization will retain two European bases, the other being in Paris, its existing headquarters. It says it is moving...

inbrief - news

JPMorgan Chase is set to face a vote in the US on investments linked to genocide, after the Securities and Exchange Commission (SEC) threw out the firm’s request to exclude a shareholder...

Accountancy: the front line of sustainable investment - news

Accountants are expanding the financial information SRI investors use to make decisions with. Mike Scott speaks to Richard Spencer of the Institute of Chartered Accountants to discuss the...

Can investors create a sustainable economy? - news

SRI has a role in the transition to a green economy, but its value should not be overstated, argues Rory Sullivan While there is a substantial body of evidence that investor engagement...

GRI demands reports or explanations - news

A ‘Report or Explain Campaign’ has been launched by the Global Reporting Initiative (GRI), calling on governments throughout the world to regulate on corporate sustainability...

Index provider offers new global rating system - news

A new ratings system scoring companies on their environmental, social and governance (ESG) practices has been created by the FTSE4Good index series. The new service for investors and asset...

CDP turns attention to emissions cost savings - news

Investors managing nearly $8billion (£4.9bn, €5.6bn) have urged the world’s largest companies to implement cost-effective emissions reduction programmes, following the creation...

US investors fight back on behalf of EPA - news

A group of international investors managing more than $500billion (£306bn, €349bn) has demanded in a letter that the US Senate support the Environmental Protection Agency (EPA) on...

FTSE4Good resets rules on breast milk substitutes - news

The marketing of breast milk substitutes is to be subject to external verification assessments commissioned by the FTSE4Good index. In its latest bi-annual review the index announced new...

Chesapeake hit by $2m divestment - news

Nearly $2million (£1.2m, €1.4m) has been divested from Chesapeake Energy over concerns about the company’s alleged irresponsibility on home soil in the US. Harrington...

JPMorgan falls foul of new SEC rules - news

Shareholders at JPMorgan Chase will be able to vote on investments linked to genocide after the Securities and Exchange Commission (SEC) threw out the firm’s request to exclude the proposal from a...

inbrief - news

Matt Christensen has joined AXA Investment Managers as global head of responsible investment, having resigned as head of the sustainability network Eurosif. Christensen will be based at the...

Principles for Responsible Investment: the way ahead - news

The UN PRI has been expanding its operations, membership and global influence in recent years. Mike Scott speaks to the organization’s new chairman, Wolfgang Engshuber, to find out his...

SRI bodies act to raise profile of ethical investing - news

Leaders of socially responsible investment associations around the world held a strategic summit in New York last month to discuss research collaboration, global policy programmes and sharing...

Dow makes new energy bid - news

Dow Chemical Company is to invest $100million (£62m, €72m) in projects to reduce energy usage and greenhouse gas emissions. The US-based chemicals giant will distribute the money...

Enel proposes to tackle third world energy gap - news

Multinational power company Enel is to focus its efforts on bridging the ‘energy divide’ that prevents poor people around the world from accessing electricity. The Italian...

Bourses urged to improve disclosure - news

The world’s largest stock exchanges have been urged by investors representing $1.6trillion (£1tn, €1.15tn) to deal with their constituents’ inadequate sustainability...

Aussies reap rewards from uptake of CSR strategies - news

CSR is saving Australian companies money, strengthening reputations and enabling the creation of new products, though budgets have been cut in the past two years. The claim is made by...

inbrief - news

Coca-Cola has been added to the Calvert Social Investment Fund Index in light of recent improvements on labour and human rights and water use – to the point where it is ‘even...

tackling ingrained attitudes about sustainability - news

Mike Scott speaks to Bozena Jankowska, head of sustainability at RCM – the investment manager of Allianz Global Investors – on her plans for more research and education Having one of the world’s...

Moving in on the board: the lowdown on CSOs - news

Ben Cartland, an associate at recruitment agency Acre Resources, answers questions on the rise of a new beast in the CSR field: the chief sustainability officer Why are chief...

New principles to help poor - news

A group of 40 investors has produced a set of principles to help improve access to financial services among the world’s poorest people. The Principles for Investors in Inclusive...

Supply chain carbon cuts begin to deliver rewards - news

Businesses that are getting to grips with carbon management in their supply chains are beginning to see returns on their investment, according to the Carbon Disclosure Project (CDP). The...

Micro-credit ‘hurts poor’ as much as it helps them - news

Microfinance projects in the developing world make many people poorer, not richer, a major academic study has concluded. The study by two universities cautions that microfinance should not...

Bank educates Jordanian girls - news

Standard Chartered bank is to give financial education to 6900 teenage girls in Jordan through its global community investment programme, ‘Goal’. The programme will target...

Engshuber takes over PRI reins - news

Wolfgang Engshuber has been appointed as the new chair for the Principles for Responsible Investment (PRI). Engshuber, who will retire from his role as chief administrative officer of Munich Re’s...

inbrief - news

Bridget Boulle has joined Henderson’s SRI team as an analyst. Boulle comes from the UK-based Pensions & Investment Research Consultants, where she was a senior researcher. Henderson...

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Nataxis, the investment arm of France’s second largest bank, has joined the Equator Principles. Part of Groupe BPCE, it becomes the 71st signatory to the principles, which are an industry...

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The National Union of Mineworkers has appointed The Co-operative’s asset management arm to oversee its core investments. The UK-based union said the decision was made because of ‘the...

Innovative IT trio leave their rivals ‘far behind’ - news

Deloitte, IBM and Logica lead the global market in providing sustainable technology services, according to a new analysis. A study by the analyst firm Verdantix has found that the three...

Canadian investor dumps Vedanta - news

One of Canada’s largest SRI asset managers is divesting from Vedanta over its human rights and environmental record. Northwest and Ethical Investments, which manages assets of...

Asian SRI could catch up with West in five years - news

Socially responsible investment now has a ‘strong foothold’ in Asia and could soon match SRI levels in the West. A paper by Geoffrey Williams, chief executive of OWW Consulting...

Top bank starts to look into its social footprint - news

An international bank is commissioning and publishing independent reports reviewing the social and economic impacts of its operations in various nations. Standard Chartered, which is asking...

PRI may impose stricter requirements - news

Signatories to the United Nations Principles for Responsible Investment (PRI) may have to report in more detail – and in public – on how they observe the principles. The...

Investors set sights on tax dodgers - news

A financial reporting standard to counter corporate tax avoidance has been demanded by a group of asset managers and civil society organizations. A statement signed by organizations...

inbrief - news

The French social investment forum FIR has named Bertrand Fournier as its new president. Fournier, president of the board at LFP-Sarasin Asset Management, will be joined by Paul de Marcellus of...

inbrief - news

Melissa McDonald has been named as the new business manager of responsible investment at HSBC Global Asset Management. McDonald, leaves her position as global head of responsible investment at...

Putting the 'S' back into ESG: the Oxfam way - news

Oxfam has published research looking at how investors can influence international development and poverty work. Mike Scott speaks to Rory Sullivan, the initiative's community lead...

In a year of turmoil, what were CSR's key events? - news

EP asked a selection of senior people in CSR and SRI to identify the most significant thing to happen in the world of responsible business during 2010 Jon Woodhead, director , Two...

Forget Cancun: we need unreasonable CEOs - news

In the wake of the latest underwhelming climate change summit, Geoff Lye, executive chairman of SustainAbility, argues that business leaders should stop looking for a governmental lead on...

Corporate bill reaches $2tn - news

The world's largest 3000 companies caused about a third of all environmental damage attributed to human activity in 2008, the cost of which was estimated at $2.15trillion (£1.36tn,...

Finnish index earmarks top 40 - news

Finland now has its own sustainability index for use by investors. The OMX GES Sustainability Finland Index was launched last month by the Nasdaq OMX trading exchange group and the...

Chinese bank comes to Europe to seek advice - news

The China Development Bank, which is the largest Chinese financial institution engaged in overseas investment, has sent a delegation of senior executives on a two-week study tour to Europe to...

Food firms still don't have a grip on sourcing - news

The weak point of the food industry remains working conditions and problems in sourcing raw materials, according to a new sustainability study by Bank Sarasin. The bank, which is a large...

PRI surge gives boost to responsible investment overhaul - news

The number of signatories to the United Nations-backed Principles for Responsible Investment (PRI) has jumped  by more than 30 per cent in a year, to 808. The UN claims the surge...

Too many asset managers fall short on disclosure - news

A 'gulf' in behaviour on voting and engagement disclosure has been identified between the best and worst performers among UK asset managers. An annual report on the matter by the...

Religious groups stay away from SRI mainstream - news

Faith-based institutional investors have limited contact with other responsible investors, even though the two have much in common, a study has found. The global survey of 103 mainly...

inbrief - news

Ethical Investment Research Services (Eiris) has appointed Carlota Garcia-Manas to the role of head of research, replacing the outgoing Stephanie Maier. Garcia-Manas, an internal appointment,...

inbrief - news

Money saved or invested ‘ethically’ by UK consumers has shown its biggest annual increase in a decade, according to Co-operative Financial Services. The total invested ethically rose...

The corruption of capitalism - news

Richard Duncan. CLSA Books. Paperback. 228 pgs. £16 / $25. Richard Duncan is that rare thing – an unequivocal economist. His diagnosis of our current problems is that...

Why Nordic investment is in the vanguard of SRI - news

Socially responsible investors have long looked to the Scandinavian region as a model. Mike Scott speaks to Ulrika Hasselgren to find out what’s so special about the area’s ethical...

Should CSR have a professional body? - news

The Corporate Responsibility Group is toying with the idea of changing itself into an association for individual CSR practitioners. Is there a need for such a thing? When the CRG...

Time to rethink knee-jerk resistance to regulation - news

The vexed issue of lobbying is raising its head once again. On the one hand, the Carbon Disclosure Project reports that large companies are not putting enough pressure on governments to promote...

Business ‘must lobby more’ - news

Companies have been told to put more time and effort into positive lobbying on climate change in the wake of this month’s United Nations summit in Cancun, Mexico. The Carbon...

Levi Strauss, Walmart are best on supply chain - news

A global survey of supply chains in the US apparel industry has named Walmart and Levi Strauss as having the most developed compliance programmes to improve factory working conditions. The...

Mining bill bites the dust after corporate lobbying - news

Proposed legislation that would have made Canadian mining companies accountable for the negative social and environmental impacts of their foreign operations has been narrowly defeated in...

Think poverty, investors told - news

Investors have been advised by Oxfam to think more about poverty and development when making investment decisions. In a new paper, Better returns in a better world, the NGO says that,...

NHS trusts urged to start appointing CSR directors - news

A far greater number of National Health Service foundation trusts in England should be employing sustainability directors, research has suggested. A report from the Foundation Trust...

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Rory Sullivan has taken a part-time advisory position at Ethix SRI Advisors, a responsible investment firm covering the Nordic region. Sullivan, who is head of responsible investment at Osmosis,...

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An organ of the Chinese state has created a CSR index jointly with a European partner. The China ESG 40 Equity Index, which has exclusively environmental, social and governance requirements, is...

The large investment bank with big SRI ideas - news

JP Morgan was one of the rare financial institutions to come out of the credit crisis unscathed. Mike Scott speaks to vice-president Jemma Green to find out what’s so special about the...

A return to gold might just reset our ethical compass - news

Years of moral recklessness have made the idea of a commodity standard attractive, says Ron Robins Right now, the rising price of gold stands as the ethical barometer of the mismanagement...

Human rights concerns feed into OECD review - news

Seventeen new alleged corporate breaches of the guidelines for multinationals of the Organization for Economic Co-operation and Development (OECD) were accepted for investigation last year....

Software error could lead to DJSI changes - news

Company scores that feed into the Dow Jones Sustainability Indexes (DJSI) could be adjusted next month after the discovery of a software glitch. SAM, the Switzerland-based investment...

Board-level CSR is now the US norm - news

Around two thirds of large US companies now have a corporate responsibility-related board committee to oversee the social and environmental impacts of their business. A new analysis of...

European SRI sector rises to €5trillion - news

The European SRI market has almost doubled in the past two years in spite of the financial crisis covering the period. According to Eurosif’s 2010 SRI Study, sustainable investment in...

Microfinance supporters ‘must not set a debt trap’ - news

Socially responsible microfinance institutions have been warned against over-selling credit to poor people and neglecting the need to encourage savings. Delegates at last month’s...

Alliance aims to ‘accelerate’ progress - news

A coalition from the research, pension fund and business sectors is to urge companies to give priority to improving their sustainability performance. The group’s members – the...

Corporates warn that green bank will need £4-6bn - news

UK government plans to set up a Green Investment Bank will need to be backed up with at least £4billion (€4.5bn, $6.3bn) over the next four years, a group of big businesses, NGOs and...

inbrief - news

Guidance to help UK charity trustees to adopt responsible investment strategies has been produced by the Eiris Foundation and the Charity Finance Directors’ Group. The guide, Socially...

inbrief - news

Responsible investing among ‘high net worth individuals’ (HNWIs) has risen by 35 per cent during the past five years, despite a small contraction in ‘family wealth’,...

The new fund in the market for sustainable farms - news

While the stability of agricultural products comes evermore into question, Agro-Ecological is already treating sustainable farming as an asset class. Mike Scott speaks to the fund’s...

Investors want action on human rights - news

Investors have urged the US government to back the United Nations Declaration on the Rights of Indigenous Peoples (Undrip), as a review of the country’s 2007 decision to withhold support...

Malaysian bourse urged to alter rules - news

Asian asset managers are pushing Malaysia’s stock exchange to amend its listing requirements to include CSR considerations. The Association for Sustainable & Responsible...

Patchy safety record still dogs mining sector - news

UK-listed mining companies are failing to improve their overall health and safety performance even though many are implementing policies aimed at reducing employee fatalities to zero. A...

New criteria open way for nuclear firms - news

The FTSE4Good index will no longer automatically exclude nuclear power companies from its socially responsible investment indexes after announcing new criteria for businesses in the industry....

Hotels drag their heels on human trafficking - news

Hotel multinationals have been attacked over their performance on human trafficking by a faith-based investment adviser. Having analysed a survey asking hotel chains about child protection...

Pakistan relief comes up short - news

Businesses have donated significantly less to the Pakistan flood relief effort than to other recent natural disasters, and have seen their contributions dwarfed by individuals and governments....

FTSE4Good invents new expulsion category for BP - news

BP has become the first company ever to be suspended from the FTSE4Good indexes. The oil giant was one of eight businesses to be taken out of the index last month in the wake of the...

Eastern European CSR reporting makes big strides - news

Eastern European corporate responsibility reporting is fast approaching the level of Western Europe, with significant improvements in countries such as Poland bringing them up to par with some of...

South Africa to get SRI code - news

A draft responsible investment code has been presented to South Africa’s institutional investors by a Committee on Responsible Investing by Institutional Investors, which has the support of major...

inbrief - news

Rory Sullivan, former head of responsible investment at Insight Investment, has been appointed head of responsible investment at Osmosis Investment Management, a London-based ‘low carbon’ asset...

inbrief - news

Guidance to help UK charity trustees to adopt responsible investment strategies has been produced by the Eiris Foundation and the Charity Finance Directors’ Group. The guide, Socially responsible...

inbrief - news

The Johannesburg Stock Exchange (JSE) and the UK-based SRI researchers Eiris have appointed a local partner to conduct JSE’s  analysis for the 2010 Socially Responsible Investment Index. JSE...

why Aberdeen believes it’s always good to talk - news

In-house research and good working relationships are at the heart of one UK asset manager’s SRI strategy. Mike Scott speaks to Cindy Rose, the firm's socially responsible investment head For...

UK ethical retail funds hit record level - news

Investment in ethical retail funds in the UK has reached a record £9.5billion ($13.6bn, €11.4bn). Latest figures from Eiris, the SRI research organization, show 750,000 investors in green and...

IFC urged to place human rights at heart of standards - news

One of the world's largest non-governmental organizations has said the review of the International Finance Corporation (IFC) sustainability framework must incorporate human rights issues into its...

inbrief - news

Martin Clarke became chair of Uksif, the sustainable investment and finance association, on 1 July. Clarke, serving in a personal capacity, is the Pension Protection Fund's executive...

inbrief - news

Donald Macdonald is standing down as chairman of the UN Principles for Responsible Investment. Macdonald, who has chaired the PRI since its inception in 2006, is expected to be formally replaced...

Spearheading the fight against complacency - news

Mike Scott speaks to Catherine Howarth of FairPensions about her organization's ongoing campaign, which calls on institutional investors to place more demands on the companies in which they...

BP's chickens are finally coming home to roost - news

Index expulsions and disinvestments are following hard on the heels of the worst oil spill in US history. EP looks at some consequences in the SRI sector The expensive and embarrassing...

BP's travails in the Gulf are a sign of things to come - news

Oil firms are beginning to fall foul of working in increasingly hostile environments, says Seb Beloe Who would have thought when the original accident happened on BP's Deepwater Horizon...

MoD installs sustainable supply regime - news

The UK defence ministry is aiming to make its armed forces more sustainable through a new procurement strategy. The ministry says it will conduct sustainability appraisals and integrate...

The recession has done CSR a favour, say CEOs - news

Eight out of ten corporate leaders believe the economic downturn has raised the importance of sustainability, suggests a study.  The survey of 766 chief executives worldwide found 80...

European SRI hegemony 'may put off Americans' - news

European dominance of the responsible investment sphere may be dissuading some US investment managers from adopting SRI policies, a think tank has suggested. A study by the Corporate...

Corporate MDG role is greater than thought - news

The private sector is playing a vital and 'under-appreciated' role in contributing to the United Nations Millennium Development Goals (MDGs). That's the conclusion reached from...

Code aims to put more women on boards - news

UK companies with all-male boards have been told to re-evaluate their selection methods by the country’s governance and reporting regulator, in a move that has been welcomed by investors....

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SRI asset management company Sustainable Capital has appointed Gaetan Herinckx as a senior investment analyst to its Africa research team. Herinckx, who will be based in Cape Town, joins from...

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US investment bank Citigroup is re-forming its SRI brokerage team, disbanded in 2008 as a result of the financial crisis. For the new team of three the company has appointed Jenny Anderson,...

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Tim Nicholson, the former sustainability officer suing UK property investment business Grainger for unfair dismissal on the grounds that he had been sacked for holding ‘philosophical...

inbrief - news

The Hedge Fund Standards Board has announced five new signatories to its standards – Amber Capital UK, Aspect Capital, Henderson, Krom River Investment Management and North Asset...

Advising on SRI change and growing complexity - news

Pension fund advisor Towers Watson has stepped into the breach created by some of the structural shifts occurring in responsible investing. Mike Scott speaks to Emma Hunt, head of sustainable...

Having more data is great, but can we trust the figures? - news

Esther Rodriguez argues that carbon reporting is seriously undermined by a lack of assurance There’s no denying that carbon reporting is now an important element of sustainability...

Accounting body calls for greater transparency - news

Proposed new requirements for the global extractive industry have suggested that companies should disclose key financial information country by country for transparency purposes – but stop...

Hong Kong yet to integrate CSR - news

Hong Kong’s largest companies have ‘failed to embrace CSR in its totality’ despite scoring well on engaging stakeholders, a new survey says. Oxfam Hong Kong’s latest...

Google makes move into renewables field - news

The internet search giant Google has invested £38.8million (£26.7m, €31.3m) directly into two US wind farms. In its first large-scale renewable energy investment, Google is...

Dexia sees massive drop in sustainable fund sales - news

Socially responsible investment sales at Dexia Asset Management dropped 120 per cent last year, with assets under management falling by €99million (£85m, $122m).   The...

Transport group aims to slash emissions - news

Stagecoach has announced an £11million ($16.8m, €12.7m) carbon investment as part of a five-year sustainability strategy aimed at cutting 150,000 tonnes of carbon dioxide from its...

Pension funds target low carbon investment - news

Two groups representing some of the largest pension funds in the world are set to agree a $10billion-per-year investment in an Asian fund for renewable energy. The P8, a group of the world’s...

European investors agree new joint climate change fund - news

A new climate change fund aiming to attract investment to green projects and technology is to be established by a group of European finance institutions. The Agence Française de Développement...

inbrief - news

Marion de Marcillac has joined the Paris office of the UK-based Ethical Investment Research Services, after leaving the European Sustainable Investment Forum.

inbrief - news

Zoe Knight, Merrill Lynch’s senior SRI research director, has joined Absolute Strategy Research, an investment research provider to investors, as a consultant.

inbrief - news

David Harris has replaced Will Oulton as FTSE’s responsible investment director after Oulton left to join the investment consultant Mercer. Harris, who has been at FTSE since 2002, has...

inbrief - news

South Africa’s largest pension fund is to integrate CSR issues into investment decisions and ownership practices. The Government Employees Pension Fund, which has $87billion...

inbrief - news

Nearly all of Australia’s largest companies are failing to report adequately on social investment, concludes the Association of Chartered Certified Accountants. Its analysis of...

inbrief - news

The United Nations Principles for Responsible Investment (PRI) is to lobby governments on socially responsible investment through a new public policy network. The PRI, which represents...

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Technology giant Intel is to create a board committee on sustainability after a shareholder resolution. The company announced its decision after talks with Harrington Investments, a niche SRI...

Money-making investments in altruism - news

The Altru Fund claims to be overturning the notion of a conflict between social and commercial returns by treating social enterprises like normal businesses. Mike Scott speaks to managing...

Human rights principles suffer from ten-year itch - news

Adherents to the business-focused Voluntary Principles on Security and Human Rights have celebrated the tenth anniversary of their foundation by agreeing a ‘vision statement’...

Middle CSR ranks enjoy better pay and security - news

Rising salaries, bigger budgets and greater job security: that’s the general portrait of the corporate responsibility profession painted in the results of the latest CR Salary Survey ....

ECGD changes cause upset - news

An open letter to the UK government attacking its plans to abolish CSR requirements on foreign investment projects has been written by Mary Robinson, chair of the Institute for Human Rights and...

New bribery regime will ask more of businesses - news

Corporate failure to prevent bribery has been made an offence under UK law, putting the onus on businesses to deal with dishonesty rather than turn a blind eye. The Bribery Act, which...

Pension funds ask for bribery data from companies - news

A $1.7trillion (£1.1tn, €1.3tn) coalition of investors is trying to force companies to come clean on their bribery and corruption management policies following a string of bribery scandals among...

World Bank arm issues green bond - news

A $200million ‘green bond’ has been issued by the International Finance Corporation (IFC), the private arm of the World Bank, to raise funds for low carbon projects in the third world. The issue,...

Coca-Cola moves to tackle Haitian poverty - news

Coca-Cola has announced the launch of the ‘Haiti Hope Project’, a long-term multi-stakeholder partnership that will seek to raise the incomes of Haitian workers and help the country recover from...

Ethical fund sales show big rise - news

UK retail ethical funds saw a sales jump by a quarter over the last three months of 2009, according to latest statistics from the Investment Management Association (IMA). Quarterly data shows...

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Neville White joined Ecclesiastical Investment Management as a senior SRI analyst last month. White was manager of governance and ethical investment at CCLA – which provides investment...

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Sander van Eijkern has quit as chief executive of the Swiss SRI manager Sustainable Asset Management (SAM) after a disagreement over strategy. Van Eijkern has also resigned from the management...

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Cadbury has announced the details of how it will spend a £500,000 ‘social premium’ for Ghanaian cocoa farmers as part of its Fairtrade certification. The money is the first...

Tax-free investment in the community - news

As CSR fights the image of a luxury in recessionary times, Community Development Finance Institutions claim to be the best value for money around. Mike Scott speaks to Mike Baker, head of one...

CSR election promises are thin on the ground - news

With voting on a new government imminent in the UK, what do the main political parties have to say on the issue of corporate responsibility? EP looks at their plans Britain’s three...

New technique is useful, but needs careful handling - news

Rory Sullivan warns that ‘enhanced analysis’ is no panacea in the responsible investment field I’ve recently become involved in Oxfam’s Better Returns in a...

Future looks bright, say most CSR practitioners - news

Corporate responsibility practitioners appear generally positive about their job prospects despite the recession. The latest CR Salary Survey shows eight out of ten people working in CSR...

Big companies to spend £3.5bn on new projects - news

This year’s spending on sustainability projects by large UK companies is expected to grow to £3.5billion ($5.3bn, €3.9bn) and increase further in the near future, reports the...

MSCI in largest deal yet - news

RiskMetrics has announced that it is being acquired by investment consultants MSCI in what is the biggest development yet in the consolidation of the sustainability research industry. MSCI...

Investor takes SRI into new territory - news

One of the world’s largest asset managers is merging its sustainable investment and emerging market equities services. F&C, which operates in 14 countries, will establish an...

UK government sets out responsibilities on CSR - news

The UK government has clarified areas of corporate responsibility covered by its departments. In a statement to EP last month, the Labour administration said that while the Department for...

‘Social stock exchange’ could be 18 months away - news

Money is being raised to start a global stock exchange that will allow investors to trade exclusively in companies with social and environmental goals. The Social Stock Exchange, to be...

Investors get help with proxy voting - news

UK investment consultants Eiris have begun advising clients on proxy voting based on environmental, social and governance (ESG) considerations. Last week the company launched an ‘Enhanced ESG...

Norwegian fund becomes more engaging - news

The Norwegian government has moved from negative screening of the investments in its Global Pension Fund to an engagement approach. The €316bn Oil Fund will now lobby companies in which it...

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A four-year mandate to provide ethical research for the €280billion ($382bn, £244bn) Norwegian oil fund has been awarded to Sweden-based GES Investment Services.  

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Emma Hunt has moved to the SRI adviser Towers Watson as a senior investment consultant from Mercer, where she was head of responsible investment.

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Communications consultancy Radley Yeldar has appointed Oliver Dudok van Heel as head of corporate responsibility. Dudok van Heel, who worked as a strategy consultant with Arthur D. Little,...

Lawyers urge OECD changes - news

A global lawyers' organization has said the Organization for Economic Co-operation and Development should put new advice on ethical supply chain management, human rights and climate change...

Trying to bring the Nordic region up to speed - news

Nordea's head of SRI, Sasja Beslik, believes responsible investment products in the Scandinavian region are 'ridiculous' and, in many cases, at least ten years behind the times....

Human rights concerns prompt big divestments - news

The Church of England has sold its shares in the mining multinational Vedanta over worries about the company's community relations in India. The church's Ethical Investment Advisory...

Social bank 'must be independent' - news

A consultation on the UK government's planned creation of a Social Investment Wholesale Bank has shown that most respondents – who included banks, social enterprise bodies and think...

Sustainable business 'could be worth $10tn' - news

Almost five per cent of the world's economic output could be accounted for by sustainability-related business by 2050. That's the prediction of PricewaterhouseCoopers, which says in...

ArcelorMittal steps in to push Liberian CSR - news

A Corporate Responsibility Forum has been formed in Liberia by the steel multinational ArcelorMittal and the German sustainable development company GTZ. The forum, which hopes to have 75...

Shareholders 'must have right to curb fat cat pay' - news

European governments should move swiftly to introduce laws that require executive pay to be subject to binding shareholder votes, the European Sustainable Investment Forum (Eurosif) has said....

executive pay frozen and bonuses linked to sustainability at Shell - news

Oil giant Shell has announced that it will limit executive pay and consider sustainability performance in its future bonuses. Shell will link 20 per cent of performance measurements to the...

funds sell $200million in PetroChina shares over Sudan - news

The largest mutual fund manager in the US has become the latest organization to sell holdings in PetroChina over the the firm’s presence in Sudan, where human rights abuses have drawn world...

Investor coalition demands answers from Global Compact 'laggards' - news

Investors signed up to the UN Principles for Responsible Investment (PRI) are targeting 86 large companies that failed to submit an update last year on their implementation of the Global Compact’s...

Dudok van Heel fills key role - news

Communications consultancy Radley Yeldar has appointed Oliver Dudok van Heel as head of corporate responsibility. He will lead the UK business’s team of CSR consultants, which serves companies such...

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Norway’s sovereign wealth fund has sold off $2.6billion-worth of tobacco shares after the government recommended it banned all tobacco producers from its investment portfolio. The...

A huge investment bank with unique tasks ahead - news

With Europe increasingly attentive to environmental and social issues, the European Investment Bank is following suit, facing challenges and opportunites. Mike Scott speaks to the bank’s...

A look at CSR’s continental shift - news

CSR Europe has produced a new guide on the state of corporate responsibility in Europe. Here  EP summarises some of its conclusions about the progress – or lack of it – being...

Arts support hit by recession - news

Levels of UK business funding of the arts have fallen back by nearly a tenth this year, after record giving in 2008. Research by Arts & Business, which monitors corporate funding of the...

WWF agrees to give CSR advice to global insurer - news

WWF has signed a three-year deal with the UK’s largest commercial insurer, the global company RSA, to advise it on becoming a more sustainable business. The non-governmental...

Major index goes missing as firms hit by data overload - news

A high-profile annual social responsibility index of pharmaceuticals companies has failed to appear because of wranglings over the ‘extraordinary’ amounts of data the businesses have...

Apple rejects CSR reporting - again - news

For the second year in a row Apple has called on shareholders to reject a resolution urging the computer giant to produce an annual sustainability report. Shareholders are also being discouraged...

142 investors target Shell over tar sands - news

An investor coalition in the UK has filed a resolution at Shell over the firm’s oil extraction from tar sands. 142 institutional and individual investors have tabled a request that Shell reports...

US business admits bribery - news

US telecoms company UTStarcom has paid $3million in fines after admitting to bribing Chinese officials to win business. The firm was accused of spending around $7m on bribes between 2002 and...

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Julian Parrott, a partner in the UK investment consultancy EthicalFutures, has been named as the new chair of the Ethical Investment Association, a body of UK financial advisers dedicated to the...

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The Association for Sustainable and Responsible Investment in Asia (ASrIA) has appointed Alexandra Tracy to replace Rajesh Srivastava as its chairman. Tracy is vice president at the Hong...

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A French retirement fund for civil servants has announced it is to launch its own socially responsible investment index. The €6.5billion ERAFP fund, which is one of the largest in the...

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The UK Environment Agency is terminating business with European Credit Management, the bond manager of its pension fund, after poor financial performance and its failure to sign up to the UN...

Building a sustainable property sector - news

As huge carbon emitters with a low stock turnover, those who manage buildings face challenges that are underestimated by investors. Mike Scott talks to Paul McNamara of Prupim about the future...

Corporate backlash hits plans for CSR legislation - news

Canadian extractive companies have mounted a campaign against proposed legislation that would make them accountable for the negative social and environmental impacts of their foreign operations....

SRI team bites the dust as takeover leaves void - news

One of the best-known British socially responsible investment teams has been disbanded due to a corporate shake-up that has left it with no future role. The three-strong unit at...

Chemicals sector criticised for making little progress - news

Sustainability performance is ‘at a standstill’ in the chemicals industry despite technological advances, says an investment research provider. In a sectoral analysis assessing...

Boom time for SRI consultancy as market grows - news

Institutional investors are increasingly turning to specialist consultancy firms for advice on how they should invest responsibly, according to new research by the European Sustainable...

Swedes back HER project - news

The Swedish government has stepped in with $1million to expand a global corporate programme that helps factories in the developing world provide healthcare advice and facilities for female...

RBC bucks banks backlash - news

Royal Bank of Canada has registered a rare recent success for the banking sector by being admitted to the Nasdaq Global Sustainability 50 Index. The Toronto-based bank’s naming on the index means...

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David Hutchinson has been appointed chief executive of Social Finance, a ‘social bank’ that will invest money from dormant UK bank accounts for social purposes. Hutchinson comes from...

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Jan Rosenqvist has left the Swedish investment management consultancy Oehman Fonder to head a fund called Sun, Wind and Water, started by the Stockholm-based company Davegardh and Kjalls. The...

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A ‘socially responsible’ call centre has opened in the UK. The Call Britannia centre in Croydon will employ 100 people who have been long-term unemployed and promises to provide a...

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Insurance multinational Aviva has pledged half of its charitable donations budget to an investment programme to get homeless children ‘off the streets and into education and...

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The Church of England is re-examining its £2.5million ($4.1m, €2.8m) investment in the metals and mining company Vedanta after the Archbishop of Canterbury’s intervention. Rowan...

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US-based AIG Investments has announced its withdrawal from formal responsible investment activities by closing its Sustainable Investment Group. Last month AIG sold the investment business to...

‘I was obstructed from doing my job properly’ - news

In the aftermath of a potentially groundbreaking legal decision on discrimination and climate change beliefs, EP talks to Tim Nicholson, the CSR head at the centre of the case Tim...

An SRI outlook that aims for mutual benefit - news

Mike Scott talks to Andrew Gay of UIA, an insurer to trade union members that tailors its investments to the social and environmental concerns of some of Britain’s most politicized...

Bourse heads look at SRI - news

Stock exchange principals from around the world met in New York last month to explore ways of encouraging more responsible long-term approaches to investment. Delegates, including heads of...

Revealed: favoured NGO partners of CSR heads - news

WWF and Forum for the Future are the partners of choice for British CSR directors when they want corporate responsibility advice from non-governmental organizations, a new analysis has...

African SRI fund breaks new ground - news

Africa’s first sustainable investment fund outside South Africa has been established. The Africa Sustainability Fund, created by Sustainable Capital, a Mauritius-based asset manager,...

UK aims for lead role in OECD guideline reforms - news

The UK government has opened a consultation on possible changes to the OECD’s guidelines for multinational enterprises. In a process lasting until 25 January, the Business Innovation...

Missions told to keep an eye on business - news

The UK government has issued a Business and Human Rights Toolkit for its overseas missions. The 21-page document, published last month, contains guidance for UK embassies and other...

SRI fund sets sights on women-friendly firms - news

A new avenue has opened up in the socially responsible investment field with the creation of a fund investing in companies with a high number of women in senior roles. The Women’s...

Investors ‘need EC-funded training’ on SRI - news

The European Commission has been urged to provide cash to train analysts and investors in evaluating companies’ social and environmental performance. The call comes from the European...

Two more mergers in research sector - news

Two new mergers of sustainability rating agencies have been announced as consolidation in the CSR research market continues apace. The first merger involves two Swiss companies, Centre Info...

CDP turns its attentions to corporate water use - news

A huge alliance of institutional investors is to ask 300 of the world’s largest corporations for data on their water use. The Carbon Disclosure Project (CDP), which has hitherto...

Conservatives unveil sustainable consumption moves - news

A Conservative government in Britain would form a cross-sector group to work with companies to ensure that all new appliances and electronic devices sold in the country have their economy modes as...

OECD snuggles up to Global Compact - news

The OECD has agreed to develop closer links with the United Nations Global Compact. The two organizations will particularly seek to join forces in countries where there are both Global Compact...

IBM breaks new ground on employee healthcare - news

IBM is to become one of the first US companies to cover all the costs of primary healthcare for its staff. The technology multinational has pledged ‘100 per cent primary healthcare coverage’ to...

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Meagan Thompson-Mann has become special adviser on corporate governance to the United Nations-backed Principles for Responsible Investment Initiative. She has previously worked as corporate...

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Investment consultants who advise charities often dissuade them from investing ethically, according to new research from Ethical Investment Research Services. Eiris found that less than...

C of E: keeping faith in an ethical approach - news

The Church of England continues to punch above its weight in the responsible investment world – and is not just focussed on exclusion.  Mike Scott talks to Edward Mason about its...

Let’s end our subordination to endless profit and growth - news

We can no longer assume unfettered capitalism is for the public good. Change is needed, says David Loy Despite all its benefits, our economic system institutionalizes greed in at least...

Insurance principles floated - news

Work could soon begin on United Nations-backed ‘principles for sustainable insurance’ created for the global insurance industry. The idea for the principles has been floated by...

Norwegian fund keeps eye on Asia - news

UK-based consultancy SourceAsia has been contracted to help the $396billion (£242bn) Norwegian Government Pension Fund conduct ethical screening of Asian companies.   The...

Businesses agree to report on their forest footprints - news

A number of large British companies have committed to reporting on their ‘forest footprints’ as part of a programme by the Forest Footprint Disclosure (FFD) Project. Businesses...

Wealth funds ignoring their own principles - news

The world’s largest sovereign wealth funds (SWFs) have been accused of failing on CSR principles agreed one year ago. The most important signatories to the Santiago Principles, a...

GRI steps up diversity plea - news

Companies have been urged to ask their suppliers for more information on diversity performance, and to consider submitting such data to third-party audits. New guidance from the...

North American colleges are on report - news

A ‘report card’ has been published detailing the sustainability performance of US and Canadian colleges. The fourth annual College Sustainability Report Card analyses the 332 colleges and...

Goldman Sachs targeted on executive pay - news

Shareholders at the investment bank Goldman Sachs have moved to stop the payout of large bonuses at the company, which is preparing to award executives billions of dollars. Goldman Sachs, which...

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Four new faces have been elected to the UK Social Investment Forum board. David Harris, FTSE’s responsible investment manager, Julian Parrot, of Ethical Futures, James Vaccaro, head of...

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Advice on investing in sustainable companies is to be offered by a new Geneva-based consultancy called Avenir Global Investment Managers. Avenir has been founded by Jack Lowe, president of...

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Plans for the creation of a Social Investment Wholesale Bank have been put out to consultation by the UK government. The bank would target lending to sustainable businesses that have a social or...

Yes, let’s have a professional code – but it needs teeth from the outset - news

One of the issues raised by the bizarre unfair dismissal case brought by CSR practitioner Tim Nicholson against his former employers (see page one), is whether a code of practice for the...

Property is given SRI focus - news

An SRI strategy on commercial and residential property, including carbon emission cuts, has been announced by one of the world’s largest asset management companies. Henderson Global,...

Indigenous rights ‘ignored’ - news

More investors should be addressing the business risks associated with indigenous peoples, an investment research consultancy has concluded. UK-based Ethical Investment Research Service...

SRI researchers merge operations - news

Two of the world’s largest responsible investment research companies, Sustainalytics and Jantzi Research,  have merged. The new entity, which will operate as Sustainalytics...

African nations are riskiest places for big business - news

African countries carry the greatest risks for multinationals, according to a ranking of nations with the most hazardous business environments. The Global Risks Index, produced by the...

PetroChina allowed to remain in Compact club - news

PetroChina has been absolved of complicity in human rights abuses in Sudan by the United Nations Global Compact after long consideration of complaints made by a host of non-governmental...

Energy firms beat social tariff goals - news

Britain’s big six energy suppliers spent £157million on social programmes in 2008-09, a 175 per cent increase on 2007-08, according to a report by energy industry regulator Ofgem....

CSR head’s tribunal win sparks debate on ‘beliefs’ - news

A corporate responsibility practitioner has aroused attention in Britain after a ruling that he was unfairly sacked because of his evangelical stance on sustainability. Tim Nicholson,...

Fund ditches security firm over West bank activities - news

One of the world’s largest sovereign wealth funds has sold its stake in an Israeli defence technologies company after blacklisting it. Norway’s Norwegian Government Pension Fund removed Elbit...

Plans unveiled for carbon index - news

The Carbon Disclosure Project (CDP) is to launch a series of investment indices for companies with strong carbon management strategies. The index family, which will be launched in partnership with...

IBM expands volunteering horizons - news

Business computing giant IBM will expand its volunteering programme by entering into new countries in Africa, Asia and Latin America. IBM announced will extend its 'Corporate Service Corps'...

Our new free news service - news

Welcome to Ethical Performance's new free news service, offering you the latest information on corporate responsibility and socially responsible investment from our renowned editorial team. Each...

inbrief - news

US investment management firm Northern Trust has named Connie Lindsey to the newly created post of head of CSR. Lindsey, an internal hire, will be responsible for the design and implementation...

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Adam Seitchik, former chief investment officer of US SRI firm Trillium Asset Management, has been appointed managing director of the London-based institutional asset management firm Auriel....

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Ethical investment funds in the UK have seen their first outflows since sales records began in 1992, says the UK Investment Management Association. Ethical funds recorded a net outflow of...

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Societe General has been judged this year’s leading brokerage firm for socially responsible investment research. It came ahead of UBS and Cheuvreux, who finished second and third...

The 25-year-old pioneer that’s still going strong - news

One of the catalysts for today’s socially responsible investment scene, the Stewardship Fund was launched in 1984. Mike Scott asks the fund’s current manager, Karina Litvack, for an...

Investment opportunities for a low carbon world - news

Will Oulton (ed). Hardback. 365 pages. GMB. £35.63 Based on the premise that much of the movement towards a low carbon world will need to be driven by investors, this...

Charities are adopting SRI - news

More than half of large British charities now have an ethical investment policy, according to a new survey. The study of 164 organizations indicated that 60 per cent of charities with...

Transparency scheme extends reach in Latin America - news

The Inter-American Development Bank (IDB) has become an official supporter of the Extractive Industries Transparency Initiative (EITI), which promotes the disclosure of revenue payments by oil,...

UN shows displeasure with five PRI backsliders - news

Five signatories to the United Nations-backed Principles for Responsible Investment (PRI) have been de-listed for not complying with its annual reporting and assessment process. The...

Walmart unveils plan for social labels on goods - news

The world’s largest retailer has announced plans to develop a sustainability labelling system for all the products it sells. Walmart is undecided what form the labelling will take,...

Huge wealth fund will press business on water - news

One of the world’s largest sovereign wealth funds has announced that it will start pressuring companies with high water-related risks to report on their progress on the issue. The...

Pepsi puts CSR into new plant - news

PepsiCo, one of the world’s largest beverage and food companies, has opened its first overseas ‘green’ plant in China. The plant, in the western city of Chongqing, is the...

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Indonesia’s first socially responsible investment index has been established by the country’s stock exchange in collaboration with a biodiversity foundation. The Kehati-SRI Index...

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Ebba Schmidt has been appointed as responsible investment manager at the UK Pension Protection Fund, which pays compensation to members of pension schemes that become insolvent. Schmidt was...

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Melissa McDonald has been appointed global head of responsible investment at Axa, succeeding Raj Thamotheram, who assumes a new part-time role as senior responsible investment adviser. McDonald...

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Frank Blighe, an ethical investment pioneer, has died after a short illness, aged 51. Blighe spent some time in consultancy and at TSB before working for Friends Provident on its socially...

Listed firms to get SRI data - news

The world’s largest stock exchange group, New York Stock Exchange Euronext, has formed a partnership with an SRI research consultancy to provide companies listed on its exchange with...

Why an SRI pioneer feels that ‘the time is right’ - news

Mike Scott talks to Walden Asset Management’s Tim Smith, who’s in bullish mood about changing attitudes to to risk and, more specifically, issues such as excessive executive pay and...

How to stop franchisees from talking baloney - news

After a business partner’s billboard appeared to show Burger King denying climate change, the firm was forced onto the defensive. EP considers the CSR pitfalls of corporate franchises...

OECD guidelines ‘must get tougher back-up’ - news

Governments should get tougher with companies that breach the OECD guidelines for multinational enterprises, a UK inquiry has been told. Parliamentarians at the first two sessions of the...

‘Forest disclosure’ is next on the agenda - news

A project has been set up to help investors understand the financial hazards of deforestation. The Forest Footprint Disclosure Project (FFD) is modelled on the Carbon Disclosure Project,...

Merger of SRI institutions needs careful managing - news

The UN’s takeover of the Enhanced Analytics Initiative raises many issues, says Steve Waygood As you may have read in EP at the back end of last year, the Enhanced Analytics...

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Helene Regnell has been appointed sales and marketing vice-president at the Swedish responsible investment research provider GES Investment Services. Regnell moves from her previous job as the...

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A website that helps ‘social businesses’ to find investors online has been created by Catalyst, a UK-based advisory and investment management consultancy. Catalyst defines a social...

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Church and faith charity fund manager CCLA has bought £3.5million ($5.4m) worth of a new five-year bond issued by the International Finance Facility for Immunization (IFFIm). IFFIm is a UK...

Executive pay: a battle for hearts as well as minds - news

Mike Scott talks to Tom Powdrill of investor advisor PIRC, which wants an overhaul not just of the rules on executive remuneration but of the way that investors – especially trustees...

Private equity gets SRI help - news

British private equity firms have set up an advisory board to help them develop responsible investment strategies. The 11-person board, created last month by the British Private Equity and...

Firms getting better at dealing with ESG risks - news

Companies worldwide have improved their performance on environmental, social and governance (ESG) risk management over the past three years, according to new research. A study of more than...

Forum to oversee ethical behaviour of wealth funds - news

A permanent global forum has been set up to monitor a new voluntary code of conduct for sovereign wealth funds (SWFs). The International Forum on Sovereign Wealth Funds, established at a...

FTSE4Good prepares health & safety criteria - news

One of the world’s main socially responsible investment indices is to introduce criteria on health and safety that companies will have to meet for inclusion. The new health and safety...

Pension funds still out of touch on SRI issues - news

A watchdog has warned that UK pension funds’ risk management and accountability performance shows dangerous gaps, and has raised questions about the fund management industry’s...

Kraft aims to reduce malnutrition rates - news

Kraft Foods and the Save the Children charity have formed a partnership to relieve malnutrition among Indonesian and Filipino families. The three-year effort, financed with $3million...

Caution on data ‘hot air’ - news

The current emphasis on reporting and product labelling in the management of greenhouse gas (GHG) emissions may be diverting companies’ attention from actually doing things to tackle...

Singapore hosts social stock exchange - news

Asia’s first social stock exchange is to open in Singapore. The Social Stock Exchange Asia (SSXA) will provide a trading platform and a capital trading mechanism for non-profit and...

Kraft intervenes on malnutrition - news

Kraft Foods and the Save the Children charity have formed a partnership to relieve malnutrition among Indonesian and Filipino families. The three-year effort, financed with $3million...

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Sue Chan has joined RCM, an equity investment management company that is part of Allianz Global Investors, as a senior portfolio manager with responsibility for sustainability. She was...

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Some of the world’s wealthiest foundations have created a network to reduce poverty through investments in small businesses in Africa. The Aspen Network of Development Entrepreneurs,...

Finding solutions to big sustainability challenges - news

Mike Scott talks to Rob Lake of the giant Dutch pension portfolio manager APG about its inclusive approach to ethical investment –  and why climate change will be its major focus...

From navel-gazing to real action: it’s been a decade of great strides - news

It is ten years to the month that Ethical Performance first saw the light of day. That’s not long ago in the general scheme of things, but it can be considered a lifetime in the world of...

Seven research firms qualify for new certificate - news

Scandinavia’s GES Investment Services and the UK-based responsible investment specialist Eiris are among the first SRI research providers to be certified against a new European Voluntary...

Axa gives SRI data to its managers ‘as standard’ - news

One of the world’s biggest investment management consultancies has taken the unusual step of providing its portfolio managers with a detailed database on 1800 companies’ social and...

Drugs sector ‘must help poor’ - news

Investors have told pharmaceuticals companies they need to focus far more on emerging economies and the poor if they are to become more sustainable. A new study produced as the result of a...

Corporate giving may fall by one third in recession - news

UK companies’ donations to good causes are expected to fall by more than a third this year, reports a new poll. A survey of 450 business leaders, commissioned by The Social Investment...

Dutch insert CSR into their governance code - news

The Netherlands government is to bring new requirements on corporate responsibility into the Tabaksblat, the country’s corporate governance code. Parliament has accepted the...

Eurosif calls for mandatory disclosure - news

One of Europe’s most influential SRI bodies has called on European state and regulatory institutions to insist on mandatory disclosure of CSR data by large companies. The European...

Italian bank comes up with water index - news

An Italian investment bank is to create an index based on water-related risk exposure. EPCI, a rating and index company that is part of Mittel bank, has designed the Global Blue Gold Equity...

More diligence needed - news

Corporate responsibility reports by law firms are still uncommon, so a debut from a UK-based legal company has caught the eye. Oliver Balch reviews its contents Lawyer and US president...

Blog goes live - news

Henderson Global Investors has launched a sustainable and responsible investment blog, in which members of its socially responsible investment team will share their views with readers. The...

New company emerges to fight malnourishment in Bangladesh - news

Improved health and business opportunities among the poor of Bangladesh are the aims of a new joint social business venture established by BASF, the chemicals group, and the Grameen Healthcare...

World’s first higher-education SRI school announced in Australia - news

The Australian government is providing A$2.5million ($1.75m, £1.2m) over three years to establish the world’s first academic centre for responsible investment education, training and...

Chinese reporting continues exponential growth - news

Growing numbers of businesses operating in China are realizing the importance of CSR reporting, concludes a survey by SynTao, a Beijing-based CSR and SRI consultancy. The number of reports...

Asia Pacific gets two new indices - news

Two new financial indices for the Far East have been created by SAM, the sustainability investing specialist, and the Dow Jones Sustainability Indexes (DJSI), the global index provider. The...

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Edward Mason has become secretary of the Church of England’s Ethical Investment Advisory Group. Mason at present heads the Independent Diplomat’s London office.

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Helen Wildsmith of CCLA has been appointed vice-chair of the Uksif board. She replaces Charles Middleton, who remains a board member. Aled Jones will serve as interim vice-chair.

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Will Oulton has replaced Penny Shepherd as the UK representative on the Eurosif board. Oulton is managing director of CRG Advisory Services and will serve in a personal capacity.

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Gwen Ruta has been appointed to Henderson’s Global Investors’ Socially Responsible Investment Advisory Committee. Ruta is the corporate partnerships vice-president at US charity...

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The London Pensions Fund Authority has appointed Aled Jones as environmental, social and governance investment manager. Jones joins from the Pension Protection Fund, where he was responsible...

Can short selling ever be ethical? - news

Mike Scott asks investors, both in the mainstream and SRI fields, whether the practice of selling short on stocks is always a bad thing – or might actually serve as a responsible...

China’s embrace of CSR could usher in the Wal-Mart effect - news

In itself, the fact that the China Banking Association has issued guidelines on corporate responsibility is significant ( see page two ), especially since the recommendations are ambitious. But...

ISA supports vaccination - news

An unusual ethical investment vehicle to support vaccination programmes worldwide has been set up by HSBC. The bank’s new ethical individual savings account (ISA) aims to raise...

Third world companies match western peers - news

Some third world businesses now match their counterparts in developed countries on environmental matters such as climate change, but still lag far behind on human rights and other social issues,...

Vanguard comes up with criteria on human rights - news

Vanguard, one of the largest mutual funds in the US, has developed criteria to determine whether the companies in which it invests meet human rights standards. The policy is intended to...

Steel sector changes gear - news

The European steel industry is to step up its efforts to reduce the carbon dioxide emissions of its operations. The European Steel Technology Platform (Estep) has said it will adopt new...

Newmont’s unprecedented review is placed in the public domain - news

A gold mining company has taken the unusual step of publishing an independent review of how it is managing relationships with communities near its sites. US-based Newmont Mining Corporation...

Nuclear firms may soon feature in FTSE4Good - news

FTSE4Good is paving the way for nuclear power companies to qualify for its socially responsible investment indices. Businesses in the nuclear industry are excluded at present from FTSE4Good, but...

inbrief - news

Providers of pension plans in Ontario, Canada, should publish details of their SRI practices, an an advisory body has said. The Ontario Expert Commission on Pensions has told the Ontario...

Sustainable investing: the art of long-term performance - news

Cary Krosinsky & Nick Robins (Eds). Hardback. 272 pages. Earthscan. £19.99 Although it was largely written before the recent market turmoil, this is a most useful book, summarizing...

Finding value at the bottom of the pyramid - news

BlueOrchard is blazing a responsible investment trail in microfinance – and finding that institutional clients see its modus operandi as increasingly attractive. Mike Scott talks to...

‘Black holes’ undermine supply chain progress - news

Many manufacturing and retail companies still have huge gaps in their ethical supply chain management programmes, according to a leading global asset management firm. F&C...

Oil and gas sector starts work on GRI guidance - news

Five multinational oil groups are to work with the Global Reporting Initiative to produce sustainability reporting guidelines for oil and gas companies. Amerada Hess, BP, ENI, Shell and...

Private equity giants sign up to code - news

Some of the world’s best-known private equity companies have agreed responsible investment guidelines. The companies, all members of the US-based Private Equity Council (PEC), will...

Obama urged to create new CSR office - news

Further signs of the high expectations of a change in attitude to corporate responsibility at the White House have emerged in an open letter to Barack Obama urging the  president to create...

Ikea spends $48m to help Indian poor - news

Ikea, the Swedish retailer, is giving $48million (£34m) to Unicef to improve the health and living conditions of children in some of India’s poorest areas. Some of the money...

Impax launches environmental fund - news

An environmental investment fund has been set up in Australia by Impax Asset Management, an investor that concentrates exclusively on environmental markets. The Impax Environmental Markets...

Call for ban on new Philippines mining - news

A moratorium on new mining in the Philippines has been recommended by a British working group. The UK-based Working Group on Mining in the Philippines, chaired by former international...

SRI grows in Australia - news

Responsible investment grew by eight per cent in Australia during 2007-08 from A$52.8billion to A$57.1bn ($33.2bn-$36bn, £23.8bn-£25.7bn), reports the Responsible Investment...

Jupiter moves into China - news

Jupiter, the UK fund management consultancy, has set up an investment company to cover China. Jupiter China Sustainable Growth, to be managed by Jupiter’s China fund manager Philip...

inbrief - news

The UK Social Investment Forum has re-branded itself as ‘UKSIF – the sustainable investment and finance association’, with a new logo and website. Its name has been changed...

Making sustainability work - news

Marc J. Epstein. Hardback. 288 pages. Greenleaf. £17.50 In his foreword, John Elkington draws parallels between this book and Robert Pirsig’s Zen and the art of motorcycle...

When an ethical stance is not just academic - news

Mindful of its client base, the giant TIAA-CREF pension fund for teachers is trying to incorporate corporate responsibility issues into its investment decisions. Mike Scott talks to one of its...

Jeans maker’s health project aims for return on investment - news

Levi Strauss has established a programme in Egypt to improve health education among women in the country’s fast-growing garment industry. The clothing company has joined forces with...

Finance sector gets advice on global warming - news

A group of international financial institutions has combined with the environmental organization The Climate Group to produce guidance for the finance sector on dealing with climate change....

$300bn fund examines Gaza holdings - news

The world’s second largest sovereign wealth fund, run by the Norwegian government, is examining whether it should exclude companies that are active in the Palestinian territories from its...

Australia gets new green fund - news

An investment management company has set up Australia’s first fund specializing in the three environmental sub-sectors of alternative energy and energy efficiency, water treatment and...

Starbucks helps Asian social entrepreneurs - news

A Philippines organization providing microfinance loans to unemployed young people and a programme in Pakistan that combats violence against women are to receive help from multinational coffee...

Office supplies firm takes Australian award - news

Corporate Express Australia, the office supplies and services company, has been named Sustainable Company of the Year in the Australian Sustainability Awards. The business took the title at...

Intel backs training in India - news

Intel has gone into partnership with the US State Department Educational and Cultural Affairs Bureau (ECA) to provide information technology skills and development training for teachers in...

Indian business makes progress on climate change disclosure - news

Many more of India’s leading companies have signed up to disclose their carbon emissions and climate policies, a second round of reporting has shown. The quality of reporting is...

inbrief - news

Sander van Eijkern has become the new chief executive of Sustainable Asset Management (SAM), which provides research for the Dow Jones Sustainability Indexes. Van Eijkern succeeds SAM founder...

inbrief - news

One of Europe’s biggest state pension funds has chosen the Ethical Investment Research Service (Eiris) to provide extra-financial risk analysis services for its global equity portfolio....

2009: a year to keep our collective resolve - news

The next 12 months are not likely to be easy for anyone. EP asked a selection of people in the CSR world for some new year’s resolutions in the troubled times ahead. Anthony Perret,...

Geneva body aims to make SRI a convention - news

Mike Scott talks to one of the founders of a new organization that intends to spread the word about sustainable finance in Switzerland, where the private banks are a particular target for...

Good reporting depends on keeping your focus - news

Try to think of who you are addressing and what they might want to know, advises Tom Rotherham During 2008 I had the opportunity to discuss corporate responsibility with a number of...

Recessionary winds will blow hard, but they’ll also help us concentrate - news

There’s little doubt that 2009 will be a tough year on many fronts. But how will it be for socially responsible business? Although there’s been a mood of relative optimism in...

UN to establish non-financial database - news

The United Nations Principles for Responsible Investment (PRI) is creating a global database of environmental, social and governance (ESG) investment research. The database will be its...

Unilever denies ethical basis for Israel sale - news

Unilever is selling its stake in a factory in an illegal Israeli settlement on the West Bank – but has denied the decision results from ethical considerations.   The...

Barclays and Nike place new focus on girl power - news

The multinational companies Barclays and Nike have separately committed themselves to projects aimed at boosting the self-esteem and prospects of girls in the developing world. Barclays has...

Institutional investors call on big firms to give more thought to water - news

A $1500 billion (£1001bn) alliance of investors, all signatories to the United Nations-backed Principles for Responsible Investment, is asking 100 of the world’s biggest companies to...

Job losses begin as crunch leads to internal reshuffles - news

Signs that the global financial crisis is starting to affect jobs in the responsible business world emerged last month as three large businesses – Eversheds, JPMorgan and Citigroup –...

Barclays supports Indian slum dwellers - news

Adolescent Indian girls in a Mumbai slum and in three districts of rural Maharashtra will benefit from a partnership between Barclays Bank and Unicef to give mentoring and provide microfinance...

Nike backs girl power - news

Afghanistan and Nepal will be included next year in the Adolescent Girls Initiative, a Nike-backed project aimed at promoting the economic empowerment of young girls in poor and post-conflict...

inbrief - news

Newton Investment Management, part of BNY Mellon Asset Management, has announced the appointment of two senior investment research analysts – Amanda Young and Laura Aarnio. Young joins...

Why SRI could be propelled into the spotlight - news

Mike Scott talks to pioneering ethical investment advocate Peter Kinder about his belief that the current financial turbulence could teach mainstream investors the wisdom of long-term thinking...

Tribute: ‘dedicated, authentic, generous and engaging’ - news

More than 350 tributes were sent to EP in the few days after its founder Alistair Townley’s death. Here, just a few of them give a sense of the affection and respect he inspired...

Fund managers making progress on the SRI front - news

Leading UK fund managers have shown a marked improvement in their performance and disclosure on SRI issues during the past year. The latest FairPensions analysis of asset managers...

Study links CR Index firms to better share returns - news

Companies that regularly take part in the UK’s annual Corporate Responsibility Index appear to show a better return for their shareholders than those that do not, according to new...

Aviva’s SRI clause gives strong signal to clients - news

One of the world’s leading fund management companies has broken new ground by inserting an SRI clause into all its investment management contracts, regardless of whether clients have asked...

Responsible business world loses two visionaries - news

Two US pioneers of responsible business – Joan Bavaria and Ed Burke – have died. Bavaria, who died aged 65 after a long battle with cancer, was the co-founder of US-based...

inbrief - news

An online network of academics dedicated to the advancement of responsible investment has been set up by the United Nations Principles for Responsible Investment Initiative.

inbrief - news

There are now 50 signatories to the European SRI Transparency Guidelines, which were established in 2004 to increase the accountability of SRI funds to retail investors. Eurosif, the trade body...

The Financial Crisis - news

A failure of risk management on a massive scale The crisis has exposed shortcomings and omissions in some ESG research, but will increase demand for non-financial information on...

The financial crisis: will CSR survive the fallout? - news

Could recent events in financial markets be the death of corporate responsibility and responsible investment, or the making of it? Seven commentators give EP their views. Mark Goyder,...

The global financial crisis presents a challenge for CSR practitioners - news

Not the least important among the many issues raised by the turmoil in financial markets is the performance of the executives working in the CSR and sustainability fields. Within the corporate...

Danish bank embraces SRI - news

Denmark’s largest banking group, Danske Bank, has adopted an SRI policy in the belief that it will improve the long-term performance of its investments. The policy, covering about...

Henderson risks criticism over tax move to Ireland - news

One of the UK’s leading asset management companies is changing its tax domicile from Britain to the Irish Republic to save money, even though it has warned other companies to take a more...

World Bank pulls out of Chad project - news

The World Bank has withdrawn from a deal to fund an oil project with the government of Chad after politicians there failed to convince the institution that revenues would be contributed to...

Trio accused of failing indigenous people - news

Survival International has picked out Perenco, Samling and Vedanta as three of the worst companies for ‘abusing tribal people’s rights’. The influential non-governmental...

SRI reach grows as Africa gets its own pair of indices - news

Two SRI indexes have been set up to cover listed companies in Africa. The Africa investor SRI 50 and Africa investor SRI 30 indexes, which are the first pan-African indices of their kind, have...

Merger aims to create ‘powerful voice’ on SRI - news

The Enhanced Analytics Initiative (EAI), which aims to improve the quality of investment research into extra-financial issues, is to be subsumed into the UN Principles for Responsible Investment...

69 Chinese resource firms in Burma - news

EarthRights International claims to have found 69 Chinese multinational corporations involved in at least 90 hydropower, oil, natural gas and mining projects in Burma. It reports that China...

Telstra in volunteering push - news

The social foundation of the Australian communications group Telstra is to give A$400,000 ($248,000, £159,000) in grants to community organizations. Under its Community Connection...

Dow helps China with safety goals - news

An agreement to collaborate on promoting safety and emergency precautions in China’s chemical industry has been reached by the Beijing government, the United Nations Environment Programme...

Carbon trading could benefit Australasian pension funds - news

Australian superannuation funds could continue to be successful with carbon-efficient investment policies under a carbon emissions trading scheme, a new report has suggested. The report...

Taiwan fund picks up on SRI - news

Taiwan’s Labour Pension Fund is to adopt SRI principles. It intends to draw up investment policies to be introduced gradually into its portfolio, which is valued at 24billion Taiwan...

inbrief - news

There are now 50 signatories to the European SRI Transparency Guidelines, which were established in 2004 to make ethical and ecological SRI retail funds more accountable to the...

Investors rediscover the joys of negative screening - news

The exclusionary approach is once again popular among institutional investors, says Will Oulton The past year or so has seen the re-emergence of negative screening – the avoidance...

Do the super rich see SRI as the way forward? - news

Investment specialists often divide the socially responsible investment market in two – retail and institutional. But a third sector exists  – the high net worth individual...

A decade on, sustainable funds are flourishing - news

Bank Sarasin has put sustainability close to the heart of its investment approach. The Swiss private bank is using the investment theme in a effort to differentiate itself from the competition,...

Corporate social responsibility and the global financial crisis - news

The credit crunch has exposed one of the greatest pieces of corporate social irresponsibility ever. It has revealed flaws not only in the banks, regulators and other actors directly involved,...

New help for humanitarian efforts - news

A body has been formed to enable businesses to become directly involved in development and humanitarian operations in strife-torn emerging countries. Corporates for Crisis will encourage...

TV programme fuels Dutch SRI fever - news

A television documentary has been credited with prompting an eightfold increase in the value of assets managed along socially responsible lines over a two-year period in the Netherlands....

Failure to sign principles leads to loss of business - news

Three investment management companies have lost contracts to manage £185million ($332m) of global equities because they are not signatories to the United Nations Principles for Responsible...

Danes lead bid to fund ‘practical’ research - news

Investors, company executives, government officials and academics are to meet in the US next month to establish an international fund for sponsoring SRI research. A roundtable of about 30...

Tennant changes direction to pursue credit card idea - news

A leading SRI figure of the past two decades has left the sector to head a credit card loyalty scheme to combat climate change. Tessa Tennant has become executive chair of the International...

SRI investing finds foothold in Central and Eastern Europe - news

The first SRI fund concentrating on central and eastern European equities has been established by Limestone Investment Management, which has headquarters in Estonia. The New Europe Socially...

Rio Tinto hit by exclusion - news

Rio Tinto has expressed dismay at being dropped on ethical grounds from one of the Norwegian government’s pension funds. The global Government Pension Fund, commonly known as the oil...

New ranking may be unpopular, but it's here to stay - news

Pharmaceutical companies are not happy, but a number of influential investors have expressed their support for the Access to Medicine Index. EP looks at a controversial new measure of...

inbrief - news

Entries are being sought for this year’s Robin Cosgrove Prize for Ethics in Finance. The $20,000 (£10,700) award, set up last year in memory of investment banker Robin Cosgrove, who...

League tables cannot make sense of a complex picture - news

By all means compare company behaviour, but we must avoid over-simplified rankings, says Julia King. GlaxoSmithKline (GSK), the company I work for, recently came top in a new...

The PRI seeks to pull off a tricky balancing act - news

The United Nations Principles for Responsible Investment have passed the two-year mark. EP talks to executive director James Gifford about investor collaboration. The UN Principles for...

Iraq comes clean on oil revenue - news

Iraq is to join the Extractive Industries Transparency Initiative (EITI), which promotes disclosure of revenue payments by oil, gas and mining companies to officials in developing countries....

Shell pulls advert as greenwash gripes rise - news

Shell has withdrawn a newspaper advertisement based around its sustainability credentials after the UK’s Advertising Standards Authority (ASA) judged it misleading. The...

Cross-sector coalition will target obesity - news

British companies for whom obesity is a corporate responsibility issue have come together to help the government promote healthier lifestyles. Food and beverage, retail, advertising, fitness...

Norwegian investors launch SRI initiative - news

Norway’s largest institutional investors are making efforts to promote responsible business practice among companies listed on the Oslo bourse. The project, called Sustainable Value...

EU feels child labour heat - news

The European Union has been urged to ensure that its support for any European company through trade missions and subsidies be withdrawn if the business is found to be using child labour in its...

Business resists pressure over its Zimbabwe links - news

Several large companies operating in Zimbabwe have declined to sign a voluntary agreement drawn up by the UK government on upholding human rights in the African country. Sixteen businesses...

Church investor eyes Chinese market - news

A leading Christian–based socially responsible investment house has signalled that it will begin engagement with Chinese companies on environmental, social and governance issues....

Bakrie Telecom supports Grameen project - news

Indonesia’s first village phone programme, providing affordable wireless telecommunications in rural communities, is being introduced through a co-operative effort between two telecoms...

Sovereign fund goes for exclusions - news

China's $200billion (£100.8bn) sovereign wealth fund is to become a socially responsible global investor by shunning industries such as gambling, tobacco and arms manufacturing....

Jupiter engaged for Taiwan fund - news

Prudential Corporation Asia has retained the UK consultancy Jupiter Asset Management to advise on its PCA Global Green Solutions Fund, a new climate change fund authorized by the Taiwan...

India to get reporting rules - news

New rules on business responsibility disclosure and sustainability reporting standards are to be produced by a stakeholder committee of the Institute of Chartered Accountants of India. The...

inbrief - news

Societe Generale's corporate and investment banking division has created a corporate social responsibility department to be headed by Eric May, who will produce action plans on sustainable...

inbrief - news

Investment risk consultancy Style Research and the environmental research company Trucost have formed an alliance to guide asset managers in analysing the carbon performance of their equity...

Advising pension funds on sustainability issues - news

Pension funds are increasingly seeking to reflect long term sustainability considerations in their investment strategies, Jane Goodland tells Mike Scott The Watson Wyatt consultancy,...

Travel patterns slow to change - news

Hardly any British business people reduced their travelling during 2007, even though many of their companies have clear policies on cutting business miles. Research by Barclaycard Business...

CSR's trail-blazer needs to get out of the thicket and back on track - news

The UK government has been instrumental in the development of corporate social responsibility over the last decade. Listed companies must now produce annual forward-looking business reviews that...

Danish firms face new disclosure requirements - news

Denmark is to introduce legislation that will require the country's 1000 largest businesses to report on corporate responsibility in annual reviews. The legislation, coming into effect...

Nanotechnology businesses agree ethical guidelines - news

Companies in the developing area of nanotechnology are to be invited to adopt seven responsible practice principles that have been agreed by a working group. The Responsible NanoCode has...

Analysts agree KPIs - news

Key performance indicators covering environmental, social and governance matters for use by investment analysts and others have passed the first major hurdle towards their wide adoption....

Diversity is still a blind spot for big business - news

FTSE 100 companies have made progress on many corporate responsibility issues over the past five years, but they are not doing so well on board diversity and equal opportunities. Ethical...

Bottom-up approach may improve factory conditions - news

A collaborative approach to ethical supply chain management can lead to 'substantive' improvements in factory working conditions, according to the experience of two high-profile western...

OECD acts to address criticism of its guidelines - news

The OECD is examining ways to extend the reach of its guidelines for multinationals into China. Forty countries - among them 10 non-OECD countries - have now established National Contact...

IMF creates standards for sovereign wealth funds - news

A code of conduct for sovereign wealth funds (SWFs) is being drawn up by one of the world's most powerful economic institutions. The final document, which the International Monetary...

Japanese governance needs addressing - news

The system of governance in most of Japan’s listed companies fails to meet shareholders’ needs, despite significant improvements in some businesses, says a report from the Asian...

Fund will combat climate change - news

The Asian Development Bank is establishing a fund with an initial $40million (£20.2m) to slow climate change trends and make it possible for the Asia Pacific region to adapt to the...

inbrief - news

Catherine Howarth is to become CEO of FairPensions, the campaign for responsible investment in the pensions industry, on 28 July. At present director of the West London Citizens campaign group,...

XBRL: the new answer to questionnaire fatigue? - news

A new system for managing financial information should make it easier for readers of sustainability reports to extract the data they want. EP looks at how it will work What is XBRL?...

Enthusiasts find they have a global hit on their hands - news

Ethical Investment Research Services first began assessing companies a quarter of a century ago. Mike Scott talks to its chief executive Peter Webster Peter Webster, chief executive of...

Rio Tinto expands sustainability data in its annual report - news

Rio Tinto has devoted an unusually large section of its latest annual report to information on corporate responsibility. The mining group has set aside 12 pages under the heading of...

Index spotlights firms that cater for base of pyramid - news

A new index has been created to recognize companies whose products, services and outlook concentrate on the needs of poor people in Latin America and the Caribbean. The Opportunities for...

Violations hit European firms - news

European companies lose market value when they are associated with environmental violations – but US businesses tend to escape unscathed. Research by Sweden’s Umea School of...

Ministers seek holy grail of social return measure - news

The UK government is to develop a standard way of calculating social return on investment. The Cabinet Office has set up a £350,000 ($690,000) three-year project to produce a measure, and...

Sweden leads by example in reporting and investment - news

The mandatory requirement for state-owned companies in Sweden to produce an annual sustainability report will not be extended to listed businesses, the deputy prime minister has confirmed....

SRI backers fail to change pensions Bill - news

The UK government has defeated a parliamentary move to introduce socially responsible investment principles into its future plans for national pensions. The shadow pensions minister...

Good employer? Then AXA will invest in your shares - news

A French asset manager has created the first socially responsible fund to target for investment European companies with best-in-class employment and working practices. Paris-based Axa...

BSR publishes Asian supply chain results - news

A website has been set up by Business for Social Responsibility (BSR) to promote its HERproject, which aims to meet the general and reproductive health needs of millions of women employees in...

inbrief - news

The first National Ethical Investment Week runs from 18 to 24 May in the UK. The week, organized by the UK Social Investment Forum, will encourage retail and institutional investors to consider...

inbrief - news

Too many sustainability reporters take the easy option of talking in general terms about human rights policy or actions rather than reporting on their actual performance, the Global Reporting...

listening and learning is key to making progress - news

Stakeholder relations need to move on to another level if they are to be truly effective, says Jeremy Moon Most of us are by now aware that stakeholder relations are important to companies, but...

after a slow start, CSR has seen off all challengers - news

When the first issue of Ethical Performance appeared in May 1999, the dotcom bubble had not yet burst, presidents Bill Clinton and Saddam Hussein were in power, UK prime minister Tony Blair was...

when an exclusionary approach is not an option - news

I nsight Investment has developed an approach to SRI investing that takes account of its requirement to hold stocks right across the market. Mike Scott talks to Rory Sullivan. The investment...

pension fund points the way ahead on microfinance - news

A large Dutch pension fund has provided the clearest sign yet of the growing interest in microfinance by starting a €200million ($314m, £158m) global investment programme in the sector. PGGM, an...

institutional investors offered rating service - news

A corporate responsibility rating service focusing on business risks has been created by Pirc. The GovernancePlus Rating Service extends the UK-based governance adviser’s existing analysis to...

Spanish firms opt for LBG - news

Nine large Spanish companies are to adopt the London Benchmarking Group model when measuring the level of their community investments. The companies, which will assess their performance under the...

coffee business opts for ethical bean supply - news

Costa Coffee, the UK’s largest coffee shop chain, is to convert its entire coffee supply to ‘sustainably grown’ beans sourced from Rainforest Alliance-certified farms by 2010. The company will...

European food firms on top - news

Danone, Nestlé and Unilever are the best large food companies at addressing health concerns. An analysis of ten of the world’s largest listed food businesses by the JPMorgan bank and the asset...

social stock exchange could get 2009 launch - news

A ‘social stock exchange’ trading shares in responsible businesses could be set up next year if a feasibility study finds sufficient demand. The study is funded with £252,000 ($496,000) from the...

inquiry will look at social impacts of alternative investment vehicles - news

The Tomorrow’s Company think-tank is to investigate the social and environmental ramifications of changing trends in company ownership. The inquiry will look at the effect of hedge funds, private...

mutual funds under fire - news

Shareholder activists in the US have begun to target mutual funds over their ethical investment policies by filing resolutions for consideration at annual meetings. Shareholders in two Fidelity...

L&G UK Ethical Trust has its strong points, but they come at a cost that may be unpalatable to some - news

L&G Ethical Trust is an ethical tracker, and there aren't many of those about. Ideally, such a fund would provide investors with low-cost exposure to a basket of ethical companies from...

inbrief - news

One in six Goldman Sachs employees recently dialled in to an in-house online conference on climate change, according to Anthony Ling, the chief investment officer for global investment research and...

Handbook on responsible investment across asset classes - news

Boston College Center for Corporate Citizenship. 96 pages. Free download at www.bcccc.net A number of overviews of responsible investment have appeared over the years, but this...

Investors move into ethical fixed income products - news

Bonds that reflect social and environmental concerns are becoming more popular among institutional investors in Europe and several fixed income products are now available, says Mike Scott...

Counting companies in is preferable to shutting them out - news

Ethical investment is going back to the past. The earliest ethical funds, such as the Friends Provident family of Stewardship funds in the UK and the Pax World fund family in the US, grew out of...

GRI needs strategies not stories - news

Companies using the Global Reporting Initiative (GRI) guidelines are failing to explain how their sustainability strategies are likely to affect their business’ position in the...

Investors prompt Standard Life to shun airline stocks - news

Standard Life’s ethical funds have divested from airline stocks in a direct response to the views of retail investors. The Edinburgh-based investment house, which manages...

Societal benefits of sport are ‘too often overlooked’ - news

Too many businesses are failing to include sporting activities in their social responsibility programmes, according to the International Business Leaders’ Forum. The not-for-profit...

Professional services barely meeting corporate needs - news

The market for professional services in corporate responsibility is still growing at a rapid rate, and demand is outpacing provision in certain areas. The number of service providers listed...

Big names come clean on political donations - news

Five major US companies have agreed to disclose all donations to political parties after a concerted campaign by shareholders.   American Express, Capital One, Texas Instruments,...

Danish fund follows trend on cluster bomb divestment - news

The pensions arm of a leading Danish bank is removing its investments in companies that make cluster bombs. Danica Pension, a €33billion ($50.6bn, £25.2bn) division of Danske Bank,...

Saudi Arabia decides to praise virtues of CSR - news

The government of Saudi Arabia has begun a project to promote corporate responsibility. The three-year Saudi Arabian Responsible Competitiveness Initiative is led by the Saudi Arabian...

HBOS and Lloyds TSB lead the pack on business travel - news

HBOS and Lloyds TSB are the FTSE 100 banks that most effectively limit the carbon footprint of their business travel. The two fared best in an analysis of the seven FTSE 100 banks carried...

Investors agree to press firms on energy saving - news

A climate change action plan to boost investment in energy efficiency and clean energy technologies has been released by 49 European and US institutional investors. The investors, who...

UMW donates land in Malaysia - news

A two-acre plot in Serendah, Malaysia, has been donated by an investment holding company for the building of a Tamil school. UMW Holdings said the donation of the land, worth 544,500...

Asian firms are more carbon intensive - news

Asian listed companies are more carbon-intensive than their peers elsewhere in the world – with the result that investors in Asian equity funds are more exposed to carbon risks. A new...

Dow project improves water re-use - news

Waste water re-use rates will reach 50 per cent in Beijing when the 2008 Olympic Games begin, thanks to reclamation equipment being installed by Dow Water Solutions, part of the Dow Chemical...

Grameen Bank gets Credit Agricole help - news

The Bangladesh-based Grameen Bank is to be partnered by Crédit Agricole in supporting microlenders around the world. Crédit Agricole, France’s largest retail banking...

inbrief - news

Ed Blamey has moved from his post as European sustainability director at the flooring company Interface to become socially responsible investment research manager for Jupiter Asset Management....

Newton advances the science of investment - news

A thematic approach to socially responsible investment paid off for Newton Investment Management last year when financial stocks suffered in the credit crunch, writes Mike Scott. The...

PGGM will divest from PetroChina - news

Dutch pension fund PGGM is to exclude PetroChina from its €88billion ($127bn, £65bn) investments because of concerns over the Chinese oil company’s activities in Sudan....

Microfinance loans will ‘grow in appeal’ - news

Microfinance projects are becoming more attractive to mainstream investors. Deutsche Bank says the volume of such loans has risen ‘sharply’ and as a result it forecasts...

Charity links to business - news

Save the Children has created a managerial role to forge closer links with big business. The director of philanthropy and partnerships post, being filled by Caroline Underwood, will focus...

Hedge funds react to critics by agreeing to standards - news

Fourteen large hedge funds have signed up to a set of standards requiring greater transparency and disclosure. The funds, including Brevan Howard, GLG Partners, Lansdowne Partners, Man...

Activist fund manager dies - news

Alastair Ross Goobey, a prominent British fund manager who consistently campaigned for greater corporate accountability, has died aged 62. Ross Goobey started his career at Kleinwort Benson...

Banks facing pressure over landmine lending - news

Amnesty International has urged five leading French banks to tighten their policies on investment in companies that make and trade anti-personnel mines and cluster munitions. The human...

Chevron is first ‘corporate champion’ - news

The oil corporation Chevron is to give $30million (£15.4m) over three years to the Global Fund to Fight Aids, tuberculosis and malaria. Chevron is making the donation through the...

Food and drink firms make water their new priority - news

Leading food and drink makers have signed a collective agreement to cut their water use in the UK, providing further evidence that the issue is now a key corporate responsibility concern....

inbrief - news

A new directory of UK ethical investment funds has been produced by the data provider Ethical Investment Research Services. The free publication has detailed information on nearly 100 funds,...

Regnan analyses sustainability of Australian stocks - news

Governance scandals and climate change are pushing social and environmental issues up the agenda for companies and investing institutions in Australia. Erik Mather talks to Mike Scott The...

A bright future is in prospect for ethical investment indices - news

Another day, another ethical investment index. Last month, three big equity index providers added to their already extensive offerings. Standard & Poor’s launched the ESG Index of 50...

European banks lead pack on climate change - news

HSBC and ABN Amro are ahead of their peers in responding to climate change, according to a survey of 40 retail and investment banks. The five best performers were all based in Europe, with...

Global Compact removes 400 ‘free rider’ companies - news

The UN Global Compact has taken its toughest action yet by striking off 394 companies that have failed to provide updates of how they are honouring their pledges on society and the environment....

India gets its own SRI index - news

India has become the latest emerging market to have a dedicated index of companies that demonstrate superior social and environmental performance. The universe of Standard &...

Drug firms to be ranked on access to medicines - news

Institutional investors are to formally assess pharmaceuticals companies on the extent to which they improve access to medicines worldwide. The top 20 pharma companies by market...

Australian government offered responsible road map - news

Greater concentration on sustainability reporting and better co-ordination of government corporate responsibility projects are the two areas in which Australia’s new administration will...

High commissioner speaks out on Bangladeshi CSR - news

Good practice in Bangladesh’s ready-made garment factories could stop much of the frequent labour unrest in the country, the British high commissioner Anwar Choudhury has told a business...

VicSuper is best Aussie fund - news

The VicSuper superannuation fund has been named Sustainable Super Fund of the Year in the Australian Sustainability Awards. The fund won the title for integrating environmental, social and...

Dole Thailand takes CSR accolade - news

Dole Thailand, part of the huge Dole Food Company, the worldwide producer of fresh fruit, vegetables and cut flowers, has received the 2007 Grand Winner Award and a 2007 Excellence Award from US...

Telstra leads pack on community donations - news

Telstra, the Australian telecoms company, gave A$18.8million ($16.5m, £8.4m) in 2006-07 to enable Australians to live and work in their local communities, making it one of the country’s leading...

timber company sets up Borneo initiative - news

A wildlife conservation bank is to be set up in Malaysia’s Malua Forest Reserve by New Forests Pty, a forestry investment management and advisory consultancy, in conjunction with the Sabah state...

attracting the interest of institutional investors - news

A long track record of assessing companies on sustainability criteria has enabled Swiss bank ZKB to win new institutional business, Robert Hauser tells Mike Scott SRI and Swiss banks do not, at...

data exchange filings fall - news

The number of companies filing non-financial performance data through the UK's online Corporate Responsibility Exchange (CRE) has fallen since it left the control of the London Stock Exchange in...

luxury goods brands are found wanting - news

The social and environmental performance of companies that produce luxury brands has been highlighted in a new ranking that suggests none of them are doing particularly well. The league table has...

spotlight falls on emerging markets - news

The World Bank's private sector arm has commissioned what it says will be the first comprehensive review of the state of socially responsible investment in emerging markets. The International...

Bill paves way for banks to give to charity - news

A Bill has been introduced in the UK parliament that will make it easier for banks and building societies to hand over money in dormant accounts to finance community projects. The Dormant Bank...

listening approach improves performance - news

Corporate community investment programmes are becoming more effective because companies are now listening to the people who are intended to benefit from them. The Charities Aid Foundation, which...

inbrief - news

Sagarika Chatterjee, a London-based senior analyst at F&C Management, was elected to the board of the UK Social Investment Forum at its annual meeting.

inbrief - news

Russian extractives company Rusal has announced a social investment programme in Nigeria. It will support education, healthcare, water treatment and electricity projects in the state of Akwa Ibom...

inbrief - news

Most studies that have considered the effect of incorporating environmental, social and corporate governance factors into investment decisions have found there is a positive or at least neutral...

inbrief - news

Merrill Lynch has taken a minority stake in Asset4, the Switzerland-based environmental, social and corporate governance research provider. As part of the deal, the investment bank will incorporate...

nine aspirations for the coming new year - news

What would you wish for in the corporate responsibility field in 2008? EP asked some of its subscribers for their views. This is what they said. Martin Blake, head of sustainability, Royal...

hunting for value among the European small caps - news

The lack of research into the sustainability performance of companies with a market capitalization below €10billion has created an opportunity for the Dutch bank Kempen, says Mike Scott Kempen,...

fund managers fail transparency test - news

Three-quarters of the largest UK fund managers fail to disclose publicly any SRI policies, even though many have them. A survey by the FairPensions group found that of the top 20 largest managers...

property firms can benefit from social concern - news

Commercial investors can achieve greater returns on their property investments by considering and acting on social and environmental issues than by ignoring them, a new study reports. Research by...

US companies ‘fail to tell it like it is’ - news

One of the biggest barriers to the spread of corporate social responsibility in the US is the lack of openness among companies about the problems they face, a leading socially responsible...

investors get help identifying Iran links - news

The SRI research provider KLD has introduced an Iran Compliance Service to guide insitutional investors and money managers whose clients wish to avoid investments in companies doing business in the...

nanotechnology sector moves closer to agreeing code - news

Seven principles of responsible practice for companies in the developing area of nanotechnology are being finalized. The Responsible NanoCode has been drafted by a working group established by...

business looks at how to be a good sport - news

Sport may soon become the new hot topic in corporate responsibility, thanks to an initiative between the international bank Standard Chartered, sportswear manufacturer Nike, the International...

investors fight off plan to curb voting rights – for now - news

Socially responsible investors around the world breathed a sigh of relief late last month when the US Securities and Exchange Commission (SEC) drew back from plans to curtail their ability to raise...

company payments to Burma ‘should be blocked by governments’ - news

New investment in Burma’s oil and gas fields should be banned by the United Nations Security Council and company payments that sustain the country’s military rule should be blocked, says a...

SRI body takes on new identity - news

The Australian Ethical Investment Association, the Sydney-based industry body for SRI professionals in Australia and New Zealand, has been renamed the Responsible Investment Association Australasia...

more support needed to reach millennium goals - news

Many of the less developed economies in the Asia Pacific region need global support to plug the biggest gaps, even though governments and business there have generally made progress towards the...

inspirational Deveshwar scoops award - news

An industrialist who joined the Indian company ITC from college and became its chairman and chief executive has won the seventh annual SAM/SPG Sustainability Leadership Award for personal...

Vodafone steps in to help India - news

The Vodafone Group is to set up the Vodafone India Foundation with an initial injection of $10million (£4.85m) to offer social and educational aid. This decision is in line with the group’s...

Japanese firms still behind Europe on CSR - news

Japanese companies perform strongly on environmental issues but need to improve in other areas to match European achievements, says a report from Ethical Investment Research Services. The report...

companies ‘need to improve’ on indigenous rights - news

Seven large companies have been said in a new study to be doing too little to protect indigenous peoples’ rights. Indigenous Rights, Indigenous Wrongs: Risks for Resource Sectors explores the...

inbrief - news

The Enhanced Analytics Initiative, which promotes investment research on SRI issues, has appointed Peter Scales, former chief executive of the London Pensions Fund Authority, as chairman. He will...

pricing sustainability into the bottom line - news

Blackrock, part owned by Merrill Lynch, carries out indepth research into companies’ social, environmental and ethical performance for use across its investments. By Mike Scott Alex Popplewell...

Barclay unveils new $150m global strategy - news

One of the world’s biggest banks has finalized its first global community investment strategy. Barclays, which operates in more than 50 countries and has more than 127,000 staff, is to invest...

pension funds keep their SRI lights under a bushel - news

The pension funds of some of Britain’s most socially responsible companies have been criticized for lacking transparency on their social and environmental stances. Of 278 funds run on behalf of...

private equity firms fare poorly on ethics codes - news

Private equity firms hold on to their investments longer than many people think, but have weak formal mechanisms for ensuring ethical codes of conduct, a new survey has suggested. The study of...

venture fund delivers a social return - news

A venture capital company formed to support social projects has raised £75million ($150m) for its second community development venture fund. UK-based Bridges Ventures had hoped to reach £50m, but...

Asia-wide bank scheme to boost SRI - news

A bank programme promoting best practice and sustainable investment in the pensions industry in the Far East is to be headed by the Association for Sustainable and Responsible Investment in Asia...

Birgden heads Mercer’s drive in Asia - news

Helga Birgden, an experienced manager in governance and sustainable investment, has been appointed to lead the Asia-Pacific responsible investment business unit of Mercer Investment Consulting, a...

Corporate social responsibility and the shaping of global public policy - news

Matthew J. Hirschland Hardback. 202 pages. Palgrave Macmillan. £42.50/$69.95 Companies and civil society are increasingly assuming the role of responsible governments to protect the...

sub-prime fallout reaches the ethical fund market - news

The credit squeeze in the financial markets that led the Bank of England to intervene on behalf of the UK mortgage lender Northern Rock is having a knock-on effect in the ethical funds market,...

a brilliant blend of social activism and entrepreneurship - news

Some pioneers die unsung. Not Anita Roddick. The most remarkable thing about the reaction to her death was the focus not on what she did, but what she began. There are many campaigners in her...

guinea pigs sought for new human rights guidelines - news

Companies from various industry sectors are to be invited to road test a new guide on how to assess their human rights impacts. The draft Guide to human rights impact assessment, which has been...

3i aims to be more open on ethical due diligence - news

One of the world’s best-known private equity companies, 3i, is examining how further to improve transparency in its due diligence to identify social, environmental and ethical risks. The decision...

UK firms now spending up to 20% of turnover on CSR - news

British businesses may be allocating more resources to corporate responsibility than is generally realized, with more than half claiming to spend between five and ten per cent of their turnover on...

business readies itself as China agrees reforms - news

Companies operating in China have been given until the end of this year to prepare for a new legislative regime designed to extend the protection of workers rights. The recently passed Labour...

managing risk across a range of asset classes - news

PGGM, one of the biggest pension funds in Europe, applies both exclusionary and engagement policies to its huge portfolio of equities and other investments in an effort to minimize social and...

inbrief - news

The UK government is to distribute money to social enterprises through a £10million ($20m) Social Enterprise Risk Capital Investment fund. The fund, established by the Cabinet Office, will...

inbrief - news

The proportion of investment institutions paying commission to analysts to encourage them to provide more information on socially responsible investment has increased significantly in the past...

inbrief - news

A group of Canadian companies will visit London this month to see how UK businesses manage their corporate community investment. CSR practitioners from ConocoPhillips, Enbridge, EnCana, Envision...

transparency would expose speculators’ ill-gotten gains - news

Public disclosure of fund managers’ bonuses would help counter short-termism, says Simon Zadek The recent turmoil in the financial markets spells disaster for the real owners of capital,...

second stint for Timms may revive profile of CSR - news

Stephen Timms has become the UK’s CSR minister for a second time, raising hopes that the post will regain some of the importance it has lost in the past three years. Timms, who resumed the...

new firm provides Aussie SRI services - news

A specialist governance research and engagement service called Regnan has been set up in Australia by eight institutional investors and the country’s largest university. Erik Mather, managing...

Chinese CSR reporting driven by image - news

The main triggers for sustainability reporting in China are raising image, supporting government policies, increased enterprise management awareness and media pressure, a CSR consultancy has...

employees the focus of new CSR campaign - news

A pilot project is to be started in Shenzhen with the aim of bringing employees into a campaign to improve social and environmental conditions in China’s information and communications technology...

Asria offers airline advice - news

The Association for Sustainable and Responsible Investment in Asia is offering its members advanced access to a new online portal on airlines and climate change. Asria has said it welcomes...

VicSuper and Hesta join ethical alliance - news

Two Australian companies have become associate members of the Enhanced Analytics Initiative (EAI), an international organization that gathers information from asset owners and asset managers to...

‘Ethical’ becomes ‘Responsible’ for EIA - news

The Ethical Investment Association is to change its name to the Responsible Investment Association Australasia. More than 85 per cent of members at a special general meeting voted for the...

ANZ exonerated over logging links - news

An accusation that Australia’s ANZ Bank has supported unsustainable logging in Papua New Guinea has been rejected. The complaint was that the bank had breached guidelines for multinationals...

Aussie investors create research arm - news

Eight large institutional investors have combined with Monash University in Melbourne to set up a specialist service provider in governance research and engagement. The founding companies –...

Temasek Holdings sets up development fund - news

Temasek Holdings, the Singapore government’s investment arm, has set up a S$500million ($330m, £163m) trust to boost Asian development. Four per cent of the trust’s endowment funds will go...

inbrief - news

US-based sustainability consultant Andrew Zolli has been named Business and Society Fellow by the Boston College Center for Corporate Citizenship. The fellowship, funded by the financial services...

inbrief - news

Investment bank Morgan Stanley has introduced an $108million (£54m) bond that will finance loans to people running small businesses in developing countries. BlueOrchard, a Swiss company...

investor disclosure is possible, material – and also necessary - news

Fund managers should be as transparent on climate change data as everyone else, argues Nick Robins Over the past decade, investor action on climate change has evolved in remarkable ways. Back...

an investment business built on an ethical approach - news

Having the Church of England as its core client has required CCLA Investment Management to keep at the forefront of investment research into issues as diverse stem cells and the relationship...

realism and openness is Baker’s recipe for success - news

Kingfisher’s head of corporate responsibility tells EP how a pragmatic and transparent approach has helped bring the group up to a leadership position in the CSR field When a new ranking...

£6bn worth of British SRI funds get the star treatment - news

A star rating system for UK ethical investment funds has been announced by Ethical Investment Research Services. The ratings, which cover the 90 retail ethical funds domiciled in the UK, are...

Fidelity sells shares as Sudan campaign bites - news

Pressure from US activists appears to have prompted Fidelity Investments, the world’s largest mutual fund company, to sell a sizeable chunk of its stake in PetroChina, which has significant...

Swiss bank lifts share of SRI assets - news

The Swiss investment bank Sarasin has increased the proportion of the assets it manages along SRI lines. New figures from the bank, which provides asset management services for private and...

companies warned against headlong rush into biofuels - news

A leading socially responsible investor has warned that companies are rushing to bring biofuels to market without giving proper consideration to the full range of social and environmental risks...

insurers enter the fray - news

Some of the biggest companies in the world’s largest industry sector – insurance – have begun to develop a set of sustainability guidelines. The Principles for Sustainable Insurance will offer...

guidelines on corporate behaviour to be updated - news

A key international mechanism for overseeing company behaviour on issues such as human rights, bribery and information disclosure is set to be revised. The OECD Guidelines for Multinational...

ADB sets up carbon fund - news

A fund has been set up by the Asian Development Bank to enable companies to buy carbon credits when they start clean energy projects. The fund will provide the money for up to half of the...

Ashoka gets $1m boost - news

Ashoka, the world’s largest association of social entrepreneurs with bases in Asia, Africa, the Middle East, Europe, North America and South America, has received $1.1million (£553,000) from the...

inbrief - news

A London local authority’s pension fund is to survey members to discover what stance they would like it to take on ethical issues. The London Borough of Lewisham Superannuation Fund says the...

inbrief - news

Eleven companies in the American Standard & Poor’s 100 Index issued full sustainability reports for the first time last year, making it a record year for reporting in the US. In all, 49 of...

inbrief - news

Insight Investment had 400 formal engagements with companies on corporate responsibility topics last year. Most of the discussions were on two issues – health and safety (154) and climate change...

keeping it simple: exclusion pays off for Old Mutual - news

Old Mutual Asset Managers’ Ethical Fund has outperformed the main index for the last three calendar years, despite having only around 400 UK companies in its investable universe with the...

is corporate social responsibility in danger of losing its way? - news

Companies are enjoying record profits and corporate social responsibility is enjoying unprecedented support. In the US, non-financial reporting seems to be at a tipping point, with 49 of the...

everyclick in client search - news

A search engine company that gives half its gross revenue to charity has begun a campaign to persuade large businesses to switch to its service as part of their CSR programmes....

talk could plug data gap - news

A lack of communication between research teams in different parts of the investment industry appears to be an important factor in the reluctance of many institutional investors to take adequate...

Rolls-Royce decides to cut Sudan links - news

Rolls Royce has said it will ‘progressively withdraw’ from any contracts it has in Sudan, owing to concerns about the country’s humanitarian crisis. The British engineering group, which...

US insurers fail to make the CSR grade - news

American businesses are conspicuous by their absence from the upper reaches of a new sustainability ranking of the world’s 43 largest insurance companies. Most of the top places in the...

sugar cane sector decides to lay down ground rules - news

Sugar cane growers, processors and food companies are to draw up social and environmental ‘principles and criteria’ with a view to reducing the industry’s impact. The move has partly been...

SRI kitemark goes on export trail - news

The Australian Ethical Investment Association (AEIA) is aiming to export a kitemark system for socially responsible investment products and services. The kitemark has proved popular since...

Dutch bank sets up Indian SRI fund - news

The Dutch bank ABN Amro has started the Indian Sustainable Development Fund. This follows the introduction of its SRI funds covering two other emerging markets in China and Brazil. The bank...

new portal lists all Apac SRI funds - news

Investors now have a list of all Asia’s socially responsible investment funds to guide them in their choice. The Association of Sustainable and Responsible Investment in Asia (ASrIA) has...

inbrief - news

Fund managers in Britain are to issue a voluntary code of practice on the public disclosure of their voting record at company annual meetings. The Institutional Shareholders’ Committee, which...

inbrief - news

The world’s second-largest pension fund has chosen the France-based rating agency Vigeo to provide extra-financial analysis. The Dutch company ABP Investments will use Vigeo’s Equi-sector...

not unworkable, just a fresh way of thinking - news

EP talks to the Conservative party’s Jonathan Djanogly about the state of his party’s policies on corporate responsibility – and why the CSR minister post may be old hat It’s not often the...

maximizing returns by taking an SRI approach - news

Mainstream investors are now adapting SRI investment techniques to help satisfy their clients’ overriding need for good financial returns. EP talks to Neil Brown, head of governance and...

ethical investors profiled - news

The average age of ethical investors in Britain is rising, according to a survey carried out for Friends Provident, the UK’s longest-established retail ethical fund provider. The research,...

east European business ‘is still ignoring CSR’ - news

Companies in central and eastern Europe have been accused of making little progress on corporate responsibility in the 17 years that have elapsed since the fall of the Berlin Wall. A study...

MkOne made aware of what its labels say - news

British high street fashion retailer MkOne has withdrawn clothes made in Myanmar after boycott threats. The London-based company, which is owned by the Icelandic investment group Baugur and...

investors call for ‘radical’ rethink on short-termism - news

A group of institutional investors that manage combined assets of £170billion ($340bn) has issued a guidance note calling for an end to the present preoccupation with short-term financial...

activist ‘wolves’ throw investors into confusion - news

Socially responsible investors in the US have been warned about SRI-like resolutions being proposed for company meetings that reprehend the board for approving CSR measures. An email alert...

UK Foreign Office stakes claim to CSR territory - news

The British government’s Foreign and Commonwealth Office has produced a CSR strategy that commits it to a greater say on corporate responsibility in the UK and around the world. The ministry...

inbrief - news

John Howchin has become senior analyst at Norges Bank Investment Management after five years as vice-president of the Scandinavian consultancy GES Investment Services. Norges Bank manages...

inbrief - news

Clare Brook has left Morley Fund Management, where she set up and ran its socially responsible investment department, to join the London-based public relations company Carbon International as...

inbrief - news

Universities Superannuation Scheme (USS), the second-largest UK pension fund, has expanded its responsible investment team to four by recruiting Natasha Landell-Mills and Helen Hopkins....

inbrief - news

Italian asset management firm Etica Sgr has engaged UK-based Ethical Investment Research Services to provide non-financial performance data on companies. Etica Sgr is a subsidiary of Banca Etica.

inbrief - news

Almost £200,000 ($385,000) has been set aside by the UK government for research into how to encourage private sector investment in social enterprise. Two organizations – the Charity Bank and...

inbrief - news

A new €4.5million ($5.9m, £3m) project has been set up to consider how institutional investors can be further encouraged to adopt socially responsible investment strategies. The research has been...

inbrief - news

Netherlands-based SiRi Company has set up a service showing which companies it considers to be failing to comply with any of the ten principles of the United Nations Global Compact. SiRi says its...

Canadian body calls for better disclosure - news

Canadian financial regulators have been urged by a government-appointed body to produce guidelines that would require enhanced disclosure by companies on their social and environmental impacts....

high street store offers SRI fund to its customers - news

Marks & Spencer’s finance arm has launched its first ethical unit trust. The M&S Ethical Fund, which will be jointly managed by Jupiter Asset Management and Sinopia Asset Management,...

business challenged on fixation with technology - news

Heads of dozens of international companies have come under fire from a prominent institutional investor for drawing up a statement on climate change that largely confines itself to discussion of...

online surfers invited to make a judgement call - news

Internet users are being given the chance to evaluate the social and environmental performance of companies on a new website that features examples of good and bad things companies are doing in...

merger deals riskier due to lack of ethics research - news

Due diligence for mergers and acquisitions is being held back by a lack of good-quality research into the social and environmental risks associated with investment, says research commissioned by a...

climate change reporting ‘needs to step up a gear’ - news

UK companies report only fitfully on their climate change impacts and need to introduce more rigour into their disclosure, says a new analysis of some of the best sustainability reporters. A...

FTSE4Good sorts the sheep from the goats - news

European oil and gas companies have consistently outperformed their US counterparts on social and environmental issues for at least the last 12 months, FTSE data suggests. US oil and gas majors...

mining company hits back over Philippines claims - news

One of the main mining companies operating in the Philippines has rejected trenchant allegations made in an international report that the industry has brought environmental disaster and murder to...

Afghan company wins plaudits - news

Special recognition for excellence in corporate philanthropy has been paid to Roshan, Afghanistan’s leading telecoms operator, and the Aga Khan Development Network. The prize was created to mark...

From the Professor of Management, Politics and Philosophy at the Copenhagen Business School - news

Corporate Social Responsibility as a ‘business tool’ Thank you for sending me a copy of your new publication Ethical Performance Best Practice. I have some critical comments which I submit to...

inbrief - news

Two specialists have been elected to co-chair an asset management working group run by the UN Environment Programme’s Finance Initiative. They are Julie Fox Gorte, chief social investment...

inbrief - news

Pressure on the UK private equity industry to open itself up to scrutiny by interested parties rose sharply last month ( EP8, issue 9 ), sparked by comments from Paul Myners, who headed the 2001...

investors press Securities and Exchange Commission on pay - news

Institutional investors have urged the US Securities and Exchange Commission (SEC) to allow shareholder advisory votes on executive remuneration. Thirteen investment groups from five...

food firms are falling short - news

No leading food company has yet produced a comprehensive social responsibility programme on health and obesity, according to a new study. The analysis of 25 multinationals by Insight...

sustainable investment fund tops performance charts - news

SRI supporters celebrated a landmark last month when an SRI fund became the UK’s top-performing unit trust for the first time. Of the 324 unit trusts in the UK All Companies sector, the...

Swedish pension funds present a united research front - news

Four of Sweden’s state pension funds are to pool their research resources to assess the social and environmental performance of overseas companies in which they have holdings. The...

Danone asks shareholders to back social fund - news

The French food group Danone is to invite its shareholders to use their dividends to create a business development fund for social causes. Danone will present the proposal for shareholder...

bank makes conscious effort to avoid ‘SRI’ - news

A leading ethical bank is trying to distinguish itself from the socially responsible investment herd by eschewing the terms ‘SRI’ and ‘ethical investment’. Triodos Bank says both have been...

‘high impact’ companies move into FTSE’s sights - news

Companies with a relatively heavy impact on climate change have been given just under a year to meet strict new criteria to remain in, or enter, the FTSE4Good index. Finalized climate change...

Japanese sustainability course proves popular - news

More than 100 students have enrolled on a lecture programme started by the non-governmental organization Japan for Sustainability. The programme, which will be run for four years by Japan for...

ASB takes responsible investment line - news

ASB Community Trust, Australasia’s biggest philanthropic body, is to use the ten principles of the United Nations Global Compact as the basis for a new socially responsible approach to its...

Deloitte sets up safe water project - news

A 12-month corporate-backed programme to bring safe water to neglected communities will target Bangladesh, China, India and countries in sub-Saharan Africa and Latin America. The programme...

Domini moves into Asia - news

Two socially responsible investment vehicles newly set up by Domini Social Investments are believed to be the first US-based ethical funds to concentrate on the Asia Pacific region. The...

inbrief - news

Socially responsible church and charity fund manager CCLA Investment Management has appointed Line Oquab to its London-based SRI team, taking its complement to three. Oquab, previously with...

private equity is discovering that it too needs a licence to operate - news

Private equity firms never tire of boasting of the stellar returns their backers enjoy. Gone are the days when private equity meant venture capital for cash-starved start-ups. Big companies are...

fund managers need to move into political arena - news

Investors must make it clear they require governments to take the lead on global warming, says Rory Sullivan Climate change is rapidly emerging as our greatest environmental and economic...

private equity finds itself in the unwelcome glare of publicity - news

Private equity's success has invited greater scrutiny and the sector is now facing demands for disclosure of its record on social responsibility. This mirrors the experience of public companies...

analysts witness birth of new SRI approach - news

A new investment style has emerged during recent months, say two leading analysts. Meg Brown and Mike Tyrrell, sustainable investment analysts at Citigroup, say they have observed more...

SRI initiatives ready to join forces - news

The administrators of the Principles for Responsible Investment and the Enhanced Analytics Initiative have announced a 'formal alignment' which will involve both parties inviting signatories of...

Nike rift with AmCham reveals growing tensions - news

Nike has taken the unusual step of publicly disagreeing with the American Chamber of Commerce - of which it is a member - over its opposition to proposed labour legislation in China. The...

loan for Sakhalin II project bites the dust - news

A high-profile loan sought by the business consortium developing the controversial Sakhalin II oil pipeline in Russia has failed to be approved by the European Bank for Reconstruction and...

Chinese iPod supplier accepts unionization - news

A trade union has been formed at the Chinese plant of Foxconn, the electronics maker that assembles iPods for the US group Apple and is backed with investment from Taiwan. The move follows a...

inbrief - news

Niaz Alam has become deputy director of the UK-based Ethical Trading Initiative after spending 11 years in various posts at Ethical Investment Research Services, the London-based SRI data provider.

inbrief - news

Piet Sprengers has moved to become head of sustainability policy at ASN Bank, the largest Dutch ‘ethical’ bank. Sprengers was formerly managing director of the Dutch social investment forum VBDO.

eight faces to follow in the next 12 months - news

Whom might we see more of in the corporate responsibility arena during 2007? EP names some individuals likely to come to greater attention over the year Staffan Soderberg As vice...

EC panned over ‘weak’ stance on CSR policies - news

The European Parliament’s most active political commentator on CSR has tabled a resolution highly critical of the European Commission’s corporate responsibility policy. Richard Howitt, a UK...

LSE cuts its losses with transfer of data exchange - news

The Corporate Responsibility Exchange (CRE), the ailing London Stock Exchange project that has been addressing ‘questionnaire fatigue’, has been transferred to a new owner. The project has...

socially responsible investors set sights on real estate - news

The United Nations has established a working group to bring socially responsible business principles into the sphere of property investment. The Working Group on Responsible Property...

ABI to upgrade guidelines - news

The trade association for Britain’s insurance industry is to revise its guidelines on the reporting of social and environmental issues in annual company statements. The Association of...

ASrIA gets new chairman - news

Rajesh Srivastava has taken over as chairman of the Association for Sustainable and Responsible Investment in Asia (ASrIA) from the co-founder Tessa Tennant. Srivastava is managing director...

Malaysia gets CSR Index - news

Malaysia’s first CSR index has been set up by OWW Consulting, a specialist research company based in Kuala Lumpur and Singapore. OWW’s offering is an index series covering initially Malaysia...

Chinese banks criticized on human rights - news

The Chinese government and the banks it owns have been attacked for ignoring human rights and environmental standards in their involvement in Africa. Paul Wolfowitz, the World Bank...

big retailers get vocal in Philippines - news

Seven US apparel companies have joined chambers of commerce in calling on the Philippines government to stop political killings or risk losing aid and investment. A letter of protest was sent to...

ADB supports water projects - news

The Asian Development Bank is to double its annual investment in water provision and management to more than $2billion (£1.04bn). The decision follows an estimate from the Asia Water Watch 2015...

inbrief - news

Brussels-based Fortis Investments has opened an SRI centre in Frankfurt. Stewart Armer, product chief investment officer, has moved from Paris to head the SRI team of four, which is expected to...

inbrief - news

Andrew Robinson has become a director of CCLA Investment Management, the London-based SRI specialist that looks after the investments of the Church of England and various charities and local...

inbrief - news

Rising interest rates will put increasingly put the spotlight on how banks keep their customers informed of the risks of borrowing in the housing market, says a new report from Innovest...

inbrief - news

Socially responsible investors would prefer their investment managers to impose a long cooling-off period before investing in a company that was previously deemed unacceptable but has since...

inbrief - news

Nine investment banks have formed the Interbank Accessibility Group to 'develop best practice in the employment of disabled people'. They are Barclays Capital, Citigroup, Credit Suisse,...

don't leave comparisons to third parties, firms told - news

Companies should benchmark their social and environmental performance themselves and not rely on analysts and rating agencies to do the work for them, one of the leading figures in socially...

third of eurozone equities subject to engagement - news

The extent to which institutional investors in Europe raise social and environmental matters with companies has massively increased over the last two years, with the result that more than a third...

'lively' rating sector begins to reach maturity - news

Nearly 60 organizations now formally assess the social and environmental performance of companies. The Bertelsmann Foundation, a German social welfare research organization, has identified 58...

support for UN principles is past 100 mark - news

The number of signatories to the United Nations Principles for Responsible Investment has passed 120. The principles were originally backed by 18 institutional investors and 32 asset owners,...

pension funds appoint research providers - news

A large French pension fund has chosen Paris-based rating agency Vigeo and Munich-based research provider oekom to assist in developing a new SRI policy. ERAFP (Établissement de Retraite...

Xstrata is new face on short list - news

Mining group Xstrata has been short-listed for the UK Sustainability Reporting Awards, to be announced next March. Xstrata, a Switzerland-based company listed on the London Stock Exchange and...

US bank takes world view on CSR policies - news

Bank of America is to extend its CSR programmes to Europe, the Middle East and Africa. The bank is creating a new senior post of CSR project officer to cover the three regions. The appointee,...

Campanale goes as Henderson reshuffle continues apace - news

Another key figure in Henderson Global Investors' socially responsible investment operations is to move on, following the firm's recent review of its approach to SRI. Mark Campanale, head of...

inbrief - news

Giuseppe van der Helm is the new executive director of the Dutch Social Investment Forum VBDO. He was formerly president of Valvoline Europe, a motor oil company.

inbrief - news

US-based SRI research company IW Financial has signed a deal with Ethical Investment Research Services granting it the exclusive right to distribute Eiris research in the US. Eiris says the...

inbrief - news

UniSuper has become the first Australian institution to join the Enhanced Analytics Initiative, which promotes better non-financial analysis in the investment community. UniSuper, Australia’s...

inbrief - news

Independent financial advisers in the UK will need to be well-informed about socially responsible investment options for clients under draft guidance drawn up by the British Standards...

The corporation that changed the world - news

Nick Robins. Pluto Press. 218 pages. Paperback. £15.99. www.plutobooks.com Forget Union Carbide or Enron. When it comes to corporate irresponsibility, the East India Company is the...

investors move on climate - news

Institutional investors managing assets worth more than £850billion ($1600bn) pledged last month to use their collective financial weight to encourage companies to reduce their greenhouse gas...

glass is half full for upbeat SRI evangelist - news

EP talks to Robert Rubinstein, founder of this month’s Triple Bottom Line Investing conference, about the progress of socially responsible investment There are very few must-attend...

investors told emerging markets need a rethink - news

Progress on responsible business practice on the part of companies in emerging market countries has reached a point where socially responsible investors in Europe and the US should be taking a...

firms ‘too defensive’ on CSR - news

Companies engaged by investors on corporate responsibility issues can become too defensive and bogged down in debating specific allegations about their performance rather than looking at the...

big SRI player changes its tack on engagement - news

UK-based Henderson Global Investors, one of the most prominent firms in socially responsible investment, has moved to allay fears that its elimination last month of the post of head of corporate...

Indian agency wins IFC grant - news

The Indian CSR consultancy Crisil has become one of five organizations around the world to win the Capturing Value research competition run by the International Finance Corporation (IFC). The...

inbrief - news

Lisa Woll has been appointed as the US Social Investment Forum's first chief executive. Woll was previously executive director of the International Women's Media Foundation.

inbrief - news

Marcel Jeucken has been appointed head of responsible investments at the Dutch pension fund PGGM. He was head of institutional relations at Dutch Sustainability Research and was previously sales...

inbrief - news

Steve Waygood is to join Morley Fund Management in November in the newly created role of head of SRI engagement. Waygood, who will move from Insight Investment, is to implement the asset manager's...

inbrief - news

The BBC pension scheme is to abide by the United Nations Principles for Responsible Investment, which lay down socially responsible investment guidelines for signatories. The move is being claimed...

inbrief - news

The Sustainable Pensions programme run by the UK Social Investment Forum has been strengthened by the presence of a heavyweight from the corporate world. Larry Stone, company secretary of BT, has...

inbrief - news

About €1 trillion ($1.9tn, £6.7billion) is now invested in European SRI funds, reports the European Social Investment Forum. The statistics are for what Eurosif calls 'broad SRI', defined as funds...

Capital market campaigning - news

Steve Waygood. Incisive Financial Publishing. 234 pages. Hardback. £85. When Surfers Against Sewage campaigners brandished a giant inflatable turd at the annual meeting of South West Water in...

pressures mount on carbon disclosure - news

Investors are not yet asking companies the right questions about their carbon strategies. As a result, companies are not providing the information needed Interest in the effects of climate...

shadowy private equity threatens accountability - news

Private consortia takeovers of public companies pose a threat to corporate responsibility, argues Roger Cowe FTSE4Good is in danger of becoming FTSE4Gone as leading companies such as BAA,...

Marathon Club puts accent on staying power to win the race - news

The average length of time that a stock is held is five months. More often than not, to align managers' interests with shareholders', management incentives are directly linked to short-term...

CBI chief begins to talk CSR - news

The new head of the Confederation of British Industries, the UK employers' organization, has indicated he will take a forward-looking stance on sustainability and climate change....

investors search for blueprint to counter short-termism - news

A 'blueprint' for long-term investment is to be produced by the end of the year in an attempt to move businesses and investors away from a preoccupation with short-term monetary goals. The...

moves begin to turn EITI into a permanent fixture - news

The Extractive Industries Transparency Initiative looks likely to be put on a more concrete footing with a board and a secretariat funded largely by its corporate and government supporters. The...

companies stand accused of snubbing OECD guidelines - news

A number of companies have been accused of refusing to participate in the official complaints procedure for alleged breaches of the voluntary guidelines of the Organization for Economic...

Sudan disinvestment law faces legal challenge - news

Lobbyists and pension organizations are taking legal action to try to overturn US legislation requiring some state pension funds to disinvest from companies with Sudan links. The National Foreign...

climate change action lags behind awareness - news

Nine in ten of the world's major companies now fully accept the commercial risks posed by climate change, but less than half have yet taken any significant action to reduce emissions. Results...

South Korea gets new SRI fund - news

The South Korean company Nonghyup CA Asset Management has set up a new socially responsible investment vehicle - the Nonghyup CA New Honours SRI Fund. The rating information will be provided by...

Mecu scoops sustainability reporting award - news

The Australian financial institution Mecu has taken first place for the best sustainability report in the 2005 Australia and New Zealand Awards for Sustainability Reporting. The judges...

Japan’s post office goes ethical - news

The Japanese post office network, which handles trillions of yen of ordinary investors’ savings, has started selling an ethical fund. The Sumitomo Trust’s SRI Fund is one of more than 30 socially...

inbrief - news

Research reports suggesting that social and environmental factors have an important role in mainstream investment decisions have been collected in a publication from the UN Environment Programme...

inbrief - news

Socially responsible investors are increasingly likely to apply their SRI philosophy to investments other than equities, says a new study. The report says all classes of SRI investor, from pension...

inbrief - news

The amount invested in British SRI funds open to the public has exceeded £6billion ($11.4bn) for the first time. New figures from Ethical Investment Research Services show £6.1bn in British retail...

airing for social bank idea - news

British banks have given a non-committal response to a proposal that an independent Social Investment Bank be created to receive unclaimed assets in dormant bank accounts and spend them on social...

HP establishes IT centres to support small firms - news

Hewlett-Packard is to aid the growth of small businesses in deprived areas through a new Microenterprise Acceleration Programme (MAP) that offers information technology and business training to...

Wal-Mart makes ground on its bold CSR pledges - news

Wal-Mart appears to be making early progress on its promise to embrace corporate responsibility, despite scepticism from investors and pressure groups. The huge and much-criticized US-based...

US reporters beginning to make up for lost time - news

The largest publicly owned companies in the US have grown more willing to disclose details of their social and environmental performance, a study by the investment researcher KLD has found. More...

Coca-Cola bridles at exclusion from index - news

Coca-Cola has expressed surprise and disappointment at being dropped from one of the leading SRI indexes in the US. The KLD Broad Market Social Index has removed the multinational drinks company...

clothes chain throws its hat into the ethical trading ring - news

One of the UK’s largest high street clothes retailers, Primark, has shown an increased commitment to corporate responsibility by joining the Ethical Trading Initiative. By signing up, Primark, a...

Methodists soften stance on Nestlé - news

Methodists in Britain have backed a decision by their church’s ethical investment committee to end its long-standing ban on investing in Nestlé over concerns about the company’s marketing of breast...

inbrief - news

Sam Collin is to run a UK project to raise understanding of socially responsible investment in the charity sector. The initiative has been set up by Ethical Investment Research Services and the...

inbrief - news

Nicola Day is joining Rathbone Greenbank Investments – the specialist ethical investment division of private wealth management company Rathbones – in August as investment director. Day was...

inbrief - news

Raj Thamotheram has joined AXA Investment Managers as director of responsible investment. Thamotheram, who was senior adviser for responsible investment at the UK-based Universities...

inbrief - news

Proponents of socially responsible investment are hopeful that the UK government will introduce SRI choices in its proposed reforms of the country’s pensions regime. Ministers have indicated an...

inbrief - news

The pension funds of about 300 UK listed companies deemed to be among the better performers on CSR are to be asked how they take social and environmental matters into account when making...

Centrica posts its principles - news

Centrica is to send a set of revised business principles to 10,000 of its suppliers by the end of the year. The UK energy conglomerate will target its strategic suppliers in a preliminary mailing...

asset managers ‘lack clarity’ on SRI strategy - news

A French state pension fund has complained that many of the asset management companies which recently bid for mandates to manage €600million ($760m, £410m) of its funds along socially responsible...

SRI proponents warned of ‘push back’ - news

Signs are emerging of a possible backlash against socially responsible investment in some quarters, according to a specialist in the field. Stephen Hine, head of international relations at Ethical...

HSBC takes sustainable banking award - news

HSBC has been named Sustainable Bank of the Year in a new awards programme recognizing financial institutions that have shown ‘leadership and innovation’ on social, environmental and corporate...

LSE investor service is put on the backburner - news

Efforts by the London Stock Exchange to establish a central database of information on companies’ social and environmental performance look to have run into trouble. Weaker than anticipated...

China gets first SRI fund - news

The Bank of China has set up the country's first fund applying SRI criteria. The fund, under the bank's International Investment Managers, will refer to governance and social responsibility...

Japanese endorse new SRI principles - news

A number of Japanese pension funds and asset managers have endorsed the Principles for Responsible Investment introduced at the New York stock exchange in May. Institutional investors...

shareholder activists take heart at Shell AGM vote - news

Shareholder activists in the UK have been encouraged by the level of support shown at Shell’s annual meeting for a resolution criticizing the oil giant’s social and environmental performance....

pulp mill risks still not being assessed - news

Investors and lenders are storing up trouble by failing to assess adequately the social and environmental risks of pulp mill projects around the world. Five years after weak due diligence played...

chemicals sector is slow to act - news

The world’s largest chemical companies are making only limited progress on managing safety and sustainability risks, according to a study by Ethical Investment Research Services. Eiris found...

leading bank turns down loans on ethical grounds - news

An international bank has turned down one in ten investment and loan requests from corporate clients after referring them to an in-house ethical screening unit. Over the past two years...

inbrief - news

US-based Mercer Investment Consulting has hired Craig Metrick as a consultant on responsible investing. Metrick joins from Institutional Shareholder Services, the global provider of proxy voting...

inbrief - news

Insight Investment’s director of investor responsibility, Steve Waygood, is the new chair of the UK Social Investment Forum. Waygood takes over the role from Emma Howard Boyd, head of SRI and...

inbrief - news

Ideam, which is part of Credit Agricole Asset Management Group, has become the first European investor to use a new screening tool, Global Compact Plus, developed by Innovest Strategic Value...

inbrief - news

Most of the world’s large sporting goods manufacturers now have ‘sound and responsible’ policies for managing social and environmental risks, Bank Sarasin has reported ahead of this month’s...

Japan gets first green index fund - news

Plans have been announced for the creation of the first environmental index fund for socially responsible investors in Japan. The Chikyu Ondanka Boushi Kanrenkabu Fund will be run by...

inbrief - news

Craig Mackenzie, Insight Investment’s head of investor responsibility, is to become head of business ethics at the new Centre for Ethics in Public Policy and Corporate Governance at Glasgow...

inbrief - news

Spanish sustainability rating agency AIS has become a partner and shareholder in the SiRi Company, an alliance of rating agencies offering SRI research to asset managers. AIS – Analistas...

Responsible investment - news

Rory Sullivan and Craig Mackenzie (editors). Greenleaf Publishing. 382 pages. £45. Hardback. This is a book that no professional, academic, or student with an interest in the emerging field...

the UN’s Principles for Responsible Investment are a welcome initiative - news

The last thing corporate social responsibility needs is a new acronym. That said, the Principles for Responsible Investment – PRI for short – launched last month in New York (see page one ) are...

Commerzbank puts flesh on commitment - news

Commerzbank has formed a reputation and sustainability management team as part of efforts to improve its social and environmental performance. The three-person team will be responsible for CSR...

FTSE4Good drops 19 for failing tests - news

Liz Claiborne, Nordstrom and Hilton Hotels are among the 19 companies dropped from the FTSE4Good index after the benchmark index’s latest review. The majority were removed for failing to...

SRI research gets boost - news

An initiative to provide investors in emerging market equities with better research on the social, environmental and governance performance of companies has been set up by the International...

pension funds adopt investment principles - news

The pressure on companies to disclose social, environmental and governance risks has increased dramatically with a commitment by institutional investors controlling more than $2trillion (£1.1tn)...

Asia-specific CSR guidelines are published - news

New advice for investors on what they should be requiring from companies on CSR issues has been published by the Association of Sustainable and Responsible Investment in Asia (ASrIA). A...

Euro blueprint sets out softly-softly approach - news

The European Commission’s second white paper on CSR draws a line under more than five years of deliberation by officials. EP examines what it says What is the purpose of an EC white paper? To...

Pfizer joins band of companies rejecting short-termism - news

Signs are emerging that one of the most significant barriers to investors taking a longer-term interest in a company is beginning to break down. Pharmaceutical company Pfizer has become the...

inbrief - news

The world’s biggest food and drinks companies have only ‘limited’ systems to manage the risks posed by increasing obesity, according to Ethical Investment Research Services. Its study of six large...

German government told to stop ‘plodding’ on CSR - news

An inquiry into the state of CSR in Germany has suggested that the government must significantly increase its commitment to responsible business practice and stop ‘plodding’ along....

inbrief - news

Vodafone is to commit a further £5million ($8.75m) over four years to the Social Investment Fund it started in 2004. The fund encourages the development of ‘commercially viable products and...

Caterpillar gets reprieve - news

The Church of England’s Ethical Investment Advisory Group has decided not to recommend disinvestment from the US-based construction equipment company Caterpillar, despite a request to do so from...

EC white paper unveils European CSR alliance - news

Plans to create a Europe-wide federation of companies on corporate responsibility have been outlined in the European Commission’s long-awaited second CSR white paper, published at the end of last...

Australian coal sector acts on emissions - news

Coal producers in Australia have collectively set aside A$300million ($215m, £125m) to find ways of reducing greenhouse gas emissions. Each of the 19 companies that have signed up so far pays a...

internet companies ‘need policy now’ on Asian censorship - news

The head of the Association for Sustainable and Responsible Investment in Asia has called on internet companies to produce a common policy on how they should deal with demands for censorship of...

inbrief - news

The Church of England has been urged by its national assembly to disinvest from the US-based construction equipment company Caterpillar over the supply of bulldozers to Israeli military forces....

Sakhalin II decision could be big test for Equator Principles - news

One of the biggest tests yet is looming for the Equator Principles on ethical project finance lending, following a decision by the European Bank for Reconstruction and Development to conduct a...

inbrief - news

Friends Provident’s Stewardship Pension Fund has become the first retail ethical fund in the UK to exceed £1billion ($1.75bn) in assets under management. The 21-year-old fund was the UK’s first...

Singapore reaches milestone on older workers - news

About 25 Singapore companies have committed themselves to the Advantage! scheme since it was introduced in October 2005 to help 4,000 mature employees to continue working. A paint company...

business and peace programme moves into second stage - news

The second phase of the Business and Peace Programme has been started in the Mindanao region of the Philippines, a predominantly Muslim area that has been ravaged by community conflict. The...

Indonesian bank joins UN initiative - news

Bank Negara Indonesia, which was restructured in 2004 in an effort to reclaim its position as the country's first bank, has joined the United Nations Environment Programme's Finance Initiative...

inbrief - news

Alice Chapple has joined Forum for the Future to work with the financial sector on sustainability issues. Chapple, an economist and chartered accountant, joins from Actis, a UK-based private...

inbrief - news

F&C Asset Management has been appointed by Austrian investment company Carl Spaengler to engage on social and environmental matters with companies held in seven of its mutual equity funds....

Goldman Sachs joins fray - news

US-based investment bank Goldman Sachs has moved to improve its social and environmental performance by agreeing to report publicly on the greenhouse gas emissions of power plants that it...

a brief anatomy of the consultancy market - news

Assurance, training, and communications are all important areas of work for consultants working to embed responsible practices in company operations A few years ago, consultancies offering...

action urged to clear up chaotic post-OFR scene - news

Confusion is growing in the UK as to how companies should report on their forward-looking social and environmental risks, now that the government is scrapping the requirement to produce an annual...

inbrief - news

Three-quarters of French institutional investors managing assets of more than €1billion ($1.2bn, £680m) have moved into some form of socially responsible investment, and of those, 46 per cent...

inbrief - news

One in four listed companies globally now have ‘good or advanced’ systems for managing social and environmental risks, according to London-based Ethical Investment Research Services. Among UK...

inbrief - news

Two huge pension funds have joined the Enhanced Analytics Initiative, an international collaboration in which asset owners and managers encourage brokers to produce research that considers how...

ABN Amro scales up SRI - news

A large European bank is to triple the money it manages along socially responsible lines.The asset management division of Amsterdam-based ABN Amro plans to increase assets under SRI management...

get rewards right ‘and CSR success will follow’ - news

The most important thing company boards can do to promote corporate responsibility is to redesign executive pay incentives to take greater account of long-term performance, according to findings...

gas rush brings more firms into Burma orbit - news

The lure of gas reserves in Burma has led to a growth in the number of natural resources companies operating there over the past year, despite the reputational and financial risks of doing...

Unilever health scheme raises productivity - news

Companies investing in health promotion can obtain almost a fourfold return on their outlay thanks to increased staff productivity, the results of a Unilever exercise indicate. The consumer...

lawyers find no legal basis for objections to SRI - news

A team of more than 25 lawyers from around the world has concluded that the prevailing belief among mainstream investors that it is unlawful to take environmental and social issues into account...

business aid sought for disaster response idea - news

Corporate backing of £30million ($52m) is being sought for a United Nations-supported initiative to build economic capacity in Africa by helping African firms manufacture tents, blankets and...

Morocco embraces CSR - news

The Moroccan government says it wants to ‘differentiate’ the country from other emerging markets by gaining a reputation for high workplace standards in human rights, environmental impact and...

Asian banks urged to come forward - news

Asian banks are being urged to enter the Financial Times' first global awards recognizing banks that have integrated social and environmental objectives into their operations while continuing to...

companies get UN goals tool - news

A Dutch organization has come up with a way of measuring the progress companies are making towards the United Nations' eight millennium development goals. The Dutch National Committee for...

Bell decides to outsource its community giving - news

Canada's largest telecoms company, Bell Canada, is subcontracting parts of its community investment programme to other organizations. The company has engaged Ottawa-based Carleton University...

best practice urged for Katrina rebuild - news

Companies helping to rebuild New Orleans after Hurricane Katrina have been urged to commit themselves to guidelines on how they should do so in a socially responsible manner. The Katrina...

big business 'needs to move into aid agenda' - news

Efforts to reduce world poverty will not succeed until aid agencies and governments bring business into the equation, according to the Shell Foundation. Its director Kurt Hoffman, who has...

Corporations and the public interest: guiding the invisible hand - news

Steven Lydenberg. Berrett-Koehle Publishers. 170 pages. £16.99 hardback This is a timely publication about moving socially responsible investment on to the next level. The goal, according...

investors warn internet firms over web content censorship - news

Internet companies have been warned by a group of socially responsible investment funds against helping governments in countries with repressive regimes to censor web content. The 25 mainly...

Don't get complacent on SRI, Australians told - news

Australia seems to have lost its understanding of what sustainability and socially responsible investment mean, ethical investors were told in a recent speech by Tessa Tennant, chair of the...

BAT defends Burma position - news

British American Tobacco has defended its decision not to disclose in its annual accounts that it has operated a factory in Pyongyang, the North Korean capital, for four years. Only 'principal...

SRI 'offers business benefits in Asia' - news

Socially and environmentally responsible investments and products offer strong business and job opportunities in the Asia Pacific region, says a new report from the Asian Development Bank....

inbrief - news

Stuart Bell, former research director for Pensions & Investment Research Consultants, Steve Gibbons, ex-head of employment law at Incomes Data Services, and Alastair Usher, also previously...

inbrief - news

Mark Campanale, head of SRI business development at Henderson Global Investors, has been elected to the board of the UK Social Investment Forum, which brings together fund managers, financial...

inbrief - news

Few of the world’s aerospace, oil and defence companies have systems to counter bribery and corruption relative to other sectors, says a study. Ethical Investment Research Services says only a...

inbrief - news

Transport services provider Arriva, house builder Barratt Developments and Natexis Banques Populaires, the French commercial lender, are among holdings in a new SRI fund established by US-based...

inbrief - news

Community investment of the UK’s Co-operative Group rose to 3.2 per cent of pre-tax profits last year, up from 2.5 per cent in 2003, despite a fall in annual profits of around £83million ($141m)....

inbrief - news

Guidance on SRI for independent financial advisers has been produced by the UK Social Investment Forum. The forum says it has produced the guidance, which is accompanied by free training, to...

chief executives are finding that CSR can help build the business - news

Judging by their preambles to corporate non-financial reports, many chief executives are strongly committed to socially responsible business practice. Too often, however, their companies' past...

key guidelines emerge in new, tougher guise - news

The World Bank's private sector lending arm has issued a revised draft of changes to its social and environmental policies after allegations that it has been trying to water them down. The...

Wells Fargo comes under fire for 'outdated' CSR approach - news

One of the oldest US corporations is being targeted in a new campaign by the Rainforest Action Network for what the activist group describes as its 'outdated practices' on social and...

terrorism threat emerges as CSR issue for Shell - news

The threat of terrorism has emerged as a corporate responsibility issue for Shell, which has scaled down operations at a fuel depot in the Philippines due to fears from nearby residents that it...

pension body fights shy of CSR policy - news

The UK pension industry's trade body has decided against producing guidelines on corporate social responsibility and socially responsible investment. The National Association of Pension...

nanotech 'needs care' - news

Corporate risks associated with nanotechnology could soon become a significant socially responsible investment theme, the research firm Innovest has declared. The warning comes at a time...

SRI fund leads the pack - news

The Australian Ethical Balanced Trust has won the Standard & Poor's Fund Award for Australia in the 'balanced funds - neutral' category. The fund is managed by Canberra-based Australian...

sleeping continent needs kick-start to get CSR going - news

Inactivity is the norm in South America when it comes to corporate responsibility, says Oliver Balch When you talk about corporate social responsibility in Europe, people think you're...

‘big box’ retailers get tips on reducing impact - news

Socially responsible investors in the US have produced guidelines advising large retailers on reducing the undesirable social and environmental effects of ‘big box’ megastores. The...

US government does plenty, but has no focus - news

A new analysis of US government programmes has discovered that the Bush administration is doing more on CSR than some people think. The investigation by the Government Accountability Office,...

banks show little interest in releasing dormant cash - news

UK financial institutions have given a lukewarm response to calls to redirect cash in dormant bank accounts to projects that tackle social and financial deprivation. For two years the UK...

PruPIM puts CSR ball in senior executives’ court - news

One of the UK’s largest property investment management companies has asked senior executives to lead progress on eight different aspects of corporate responsibility. Prudential Property...

house builders make headway - news

UK-listed house builders have significantly improved their social and environmental performance over the past year. The second annual assessment of the 12 UK house builders in the FTSE All...

inbrief - news

John Elkington, the CSR consultant and author, is the new chairman of the UK’s Export Guarantees Advisory Council, a statutory body advising the government’s Export Credits Guarantee Department...

Australia's first national SRI index opens for business - news

The rating agency RepuTex has started its RepuTex SRI Index, Australia's first SRI barometer. The index measures the share market performance of a portfolio of public companies on the Australian...

mining group offers support to local businesses - news

Newmont, the mining group previously accused of causing environmental damage, is helping an Indonesian fishery company to build a processing plant and an ice factory providing cheaper and better...

Australian companies offered benchmarking tool - news

An organization has been formed to enable Australian companies to measure the effects of their community investments. The group, LBG Australia, part of London Benchmarking Group International,...

consolidation of SRI rating agencies benefits the market - news

A few years ago, specialist agencies rating companies' social, environmental and ethical record were popping up all over the place. Now the talk is of consolidation. Ethibel and Vigeo have...

why US companies are a blot on FTSE4Good's landscape - news

Many US companies are failing to meet the criteria necessary for inclusion in one of the world's best-known SRI indexes. EP looks at the reasons - and the excuses It has its critics, but...

EC to target public on CSR - news

A campaign to make the public more aware of socially responsible business practice is to be run by the European Commission. Officials believe that greater public understanding of how some...

legal bodies 'need to bring lawyers more into CSR arena' - news

Lawyers' associations have been urged to play a more active role in persuading corporate lawyers to become involved in socially responsible business practice. A new study from the...

Illinois acts on links with Sudan - news

The US state of Illinois has passed a new law requiring itself to divest about $1billion (£550m) worth of pension investments in companies that trade in Sudan. The measure was passed in the...

third of bond issuers fail ethical health check - news

A third of the financial institutions that issue increasingly popular 'covered bonds' to investors fail to do so in a socially and environmentally responsible manner, reports a leading Swiss...

rating market consolidates as European agencies merge - news

Two of the largest socially responsible investment rating agencies in continental Europe have merged. Brussels-based Ethibel and Paris-based Vigeo have joined forces to create the...

new KLD index focuses on climate change - news

US-based KLD Research Analytics is setting up a new investment index composed of companies that take 'positive' action to reduce global warming. The Global Climate 100 Index will consist of...

funds challenge Aussie businesses on ethics - news

Five superannuation funds have urged the directors of Australia’s largest companies to encourage good business ethics to protect themselves against regulation, litigation and reputation risks. They...

Cheung Kong support students - news

Scholarships have been granted to 29 Hong Kong students under the first educational link-up between the Australian government and a private-sector company. The government’s partner in the...

inbrief - news

Emma Hunt has joined Mercer Investment Consulting as an SRI consultant. Hunt has six years of experience working in the field in the UK, Hong Kong, and Australia. She joins from Forum for the...

social auditing tools are simply not enough - news

Companies, NGOs and auditors alike need to broaden their approach to ethical supply chain management, argues Lisa Kantor For nearly a decade, factory monitoring has been the main focus of...

bringing human rights within a risk management framework - news

How does a multinational company go about trying to integrate human rights in its operations? EP looks at the approach taken by Barclays Bank, which is a member of the Business Leaders Initiative...

business leaders want climate change lead - news

The heads of 13 UK and international companies have written a letter to prime minister Tony Blair demanding a 'strong policy framework' on climate change so that businesses know where they stand...

Starbucks customers get CSR with their coffee - news

Starbucks is to host meetings in its UK coffee houses for local people to discuss corporate responsibility issues. The global chain has been training dozens of employees this summer to help with...

hedge fund for ethical investors - news

UK-based Armajaro Asset Management introduces the first pan-European SRI hedge fund this month. The fund, named Coolum Strategus, will short companies it regards as overvalued and performing...

data collection demands get Disney animated - news

Simply keeping up-to-date records on suppliers is one of the main challenges of Walt Disney's global programme to monitor labour standards, the project's European boss has said. Elise More, the...

Pfizer lags in EIRIS ranking - news

Two newly released research briefings on how companies are managing their responsibilities in respect of public health clearly illustrate the sector-specific nature of non-financial risk. One...

Coca-Cola firm gets dedicated CSR manager - news

Coca-Cola Enterprises has created its first dedicated corporate social responsibility role in the UK as it prepares to raise its profile in the field. The post of CSR manager has been filled by...

Eurosif targets institutions - news

Transparency guidelines for institutional SRI funds are to be developed by the European Social Investment Forum (Eurosif) in the wake of the successful introduction of its guidelines for retail SRI...

climate change is next on FTSE4Good's agenda - news

Further pressure on companies to respond to climate change will be generated by a decision on the part of FTSE4Good to make this an explicit test of eligibility for inclusion in the index from...

Taiwan gets first CSR website - news

The CSR in Taiwan website is now live after almost a year of preparation by the Industrial Development and Investment Centre. It is the first web portal promoting CSR among Taiwan companies....

Kiwi investors 'fall down on climate change' - news

Too few investors in New Zealand are aware of initiatives elsewhere in the world that tackle climate change and ensure investment takes account of social and environmental considerations. The claim...

Birgden joins UniSuper - news

Helga Birgden has taken up the new post of manager of governance and sustainable investments in the investment department of UniSuper Management Pty, which is a founding member of the Australian...

SRI symbol unveiled - news

An SRI symbol has been produced by the Ethical Investment Association to show that a product or service offers investments governed by environmental, social and ethical considerations. One aim is...

Laos dam project gets go ahead - news

The controversial Nam Theun 2 hydroelectric dam in Laos is finally to go ahead with loans of $1billion (£540m) from nine international and seven Thai banks. After ten years of environmental and...

inbrief - news

A phrase in an official Australian document suggesting that socially responsible investment may be more costly than other types of investment is to be removed after lobbying from the country’s...

An investor’s guide to ethical and socially responsible investment funds - news

Consultant editor John Hancock. Kogan Page. 320 pages, £55 hardback Three well-known organizations in the socially responsible investment field in the UK have come together to produce this...

Atlantic drift may bring proxy voting transparency to UK - news

Sarbanes-Oxley has opened the proxy voting records of thousands of US mutual funds to public scrutiny, adding a new dimension to shareholder activism. The knock-on effects are now being felt in...

stem cell research raises its head as an SRI issue - news

Shareholder activists in the US have signalled they believe stem cell research could become a hot topic for socially responsible investors. The Washington DC based Investor Responsibility...

index needs bigger push, say frustrated investors - news

Business in the Community has been criticised for failing to communicate the results of its corporate responsibility index adequately to institutional investors. Delegates at a CSR conference in...

Canadians see SRI assets jump - news

Assets managed in Canada using a socially responsible investment approach have grown in value by more than a quarter in two years. According to the Social Investment Organization, assets rose 27...

water companies target young offenders - news

UK water companies Anglian and Thames have joined forces to launch a recruitment programme offering training and jobs for young offenders nearing the end of their prison sentences. The pilot...

victory for SRI activists in Australia - news

The Ethical Investment Association (EIA) has won its case to have a phrase removed from an official Australian document suggesting that socially responsible investment may be more costly than...

From the Executive Director of the Association for Sustainable and Responsible Investment in Asia - news

A small point from your recent issue ( EP7 issue 1, p10 ). You describe YTL Power International, the owner of Wessex Water, as a "faceless" Malaysia-based concern. Francis Yeoh, the...

business 'needs to tackle poverty' - news

A bigger contribution from the private sector will be vital to economic growth and poverty reduction throughout Asia and the Pacific, an Asian Development Bank conference was told in Manila, the...

Asian investment managers think SRI will go mainstream - news

New research shows that 85 per cent of Australian and Asian investment managers believe SRI practices will become mainstream within ten years. These managers were more optimistic than their...

inbrief - news

A not-for-profit organization is to promote sustainable investment in emerging markets. Zurich-based VantagePoint’s first task will be to create a venture capital fund to make financial and...

inbrief - news

Two Danish pension funds have begun using the new Convention Watch service developed by the London-based SRI data provider Ethical Investment Research Services. ATP, Denmark’s largest pension fund...

institutional investor interest in SRI at bottom rests on ethics, not risk - news

Financial markets may be faltering, but ethical or socially responsible investment continues to gain ground. The number of UK ethical investors in pooled funds now stands at a record 475,000....

how a little togetherness may help firms fight poverty - news

EP talks to the head of the Shell Foundation about its plans to act as a catalyst for ‘pro-poor’ initiatives on the part of large companies in developing countries Like others in the corporate...

defining the limits of investor responsibilities - news

CSR lies in the realm of investment, and not governance, analysis, argues Christine Farnish Some people argue that institutional investors should take account of social, environmental and...

US is sceptical on SRI future - news

US investment managers remain broadly unconvinced of the merits of incorporating non-financial measures when deciding which companies to include in portfolios. Thirty-one of 49 large US-based...

climate change action fends off US activists - news

Shareholder activists in the US have agreed to drop climate change resolutions tabled at five oil and gas businesses now that the companies have announced new measures on the issue. In a sign...

UBS walks on the sell side - news

One of the world’s biggest investment banks has taken the unusual step of creating a sell-side research team on socially responsible investment. UBS says it has set up the two-person unit in...

charities to reveal SRI policy - news

Large charities in England and Wales will now have to state their policy on socially responsible investment when they file their annual reports. A regulation brought into effect last month...

board CSR apparatus to go under microscope - news

An inquiry has begun into the role of company boards in fulfilling the social and environmental responsibilities of businesses. The Boards and Corporate Responsibility Project, set up by...

PetroChina stake sold over Sudan link - news

Harvard, the world-famous US university, is selling an estimated $4.4million (£2.35m) stake in PetroChina, whose parent company, owned by the Chinese government, is closely linked to the Sudan...

Japanese fund targets responsible real estate - news

The Tokyo investment company Green Earth has set up a fund called Ecoland to buy polluted land, restore it and resell it. The company, due to start the fund in May, is setting aside eight...

SRI generates interest - news

SRI funds are among the new equity products now attracting interest in Asia, delegates were told at the Investment Company Institute’s conference in Hong Kong. However, the marketplace remains...

Indonesia ‘slack’ on CSR - news

CSR observance is still slack in Indonesia, delegates were told at a seminar held by the non-profit group Leadership for Environment and Development Indonesia. Countries are ignoring their own...

inbrief - news

Penny Shepherd is to return to head the UK Social Investment Forum as its next chief executive. Shepherd, who was Uksif’s first executive director between 1997 and 2001, has spent the intervening...

inbrief - news

Financial services companies have been told they can contribute significantly to development in Africa by increasing their range of loans for small and medium-sized enterprises. A new study,...

inbrief - news

Representatives of some of the world’s leading institutional investors meet for the first time this month to develop global principles for responsible investment. A working group will begin...

breathing new life into ethical supply chain management - news

Many CSR practitioners will have heard stories of supply chain auditors who visited a factory in a developing country only to discover that the underage workers they were looking for had slipped...

CSR in Russia is ‘disorganized’ - news

Corporate responsibility in Russia is generally ‘disorganized and chaotic’, according to the first national assessment of the social impact of business. The Report on social investments in...

hedge fund homes in on boycott casualties - news

Activists have set up a hedge fund betting on the possibility that the market value of a company will fall due to reputational damage related to corporate responsibility issues. The London-based...

90 firms sign up to LSE data exchange - news

Ninety companies – 40 of them in the FTSE100 – have now agreed to post social and environmental performance data on the Corporate Responsibility Exchange, an online database set up by the London...

smaller extractive firms are invited to transparency party - news

Pressure is to be applied on some of the UK’s smaller oil and mining companies to support the Extractive Industries Transparency Initiative, which seeks to open up the revenue arrangements of oil,...

church keeps hard line on alcohol sector - news

The Church of England is to maintain its policy of not investing in brewers, distillers and operators of bars and pubs. The church’s main investing bodies – the Church Commissioners, the Central...

‘fatigue’ in supply chains needs government tonic - news

The World Bank has become so concerned at the slowing momentum of ethical supply chain monitoring that it is urging governments to become involved. The bank feels many companies’ supply chain...

Laos project gets go ahead - news

Finance for a huge hydroelectric dam in Laos has been recommended by the World Bank advisory panel despite an undercurrent of environmental objection. The total cost of the Nam Theun 2...

Tobacco firm issues debut social report - news

The Pakistan Tobacco Company has become the country’s first multinational to publish a social report. The company, part of British American Tobacco, the second-biggest tobacco group, says it...

two SRI indexes for Australia - news

Australian investors will soon have two options for selecting CSR performers. Australia’s first SRI index is being established by RepuTex, the social responsibility ratings agency, to track the...

inbrief - news

Jeremy Baskin , head of research at the Ethical Investment Research Service, moves this month to become development director at the Cambridge Programme for Industry. Baskin will also carry out a...

inbrief - news

Bea Malleson has joined the London offices of the international law firm Herbert Smith as CSR and community action manager. She was previously head of community investment for Dresdner Kleinwort...

inbrief - news

The French bank Caisse des Depots et Consignations and the UK-based Universities Superannuation Scheme have joined the Responsible Investment Initiative, a project to develop global principles...

editorial standards are the key issue for media sector - news

Media companies can show their corporate responsibility best through transparent and responsible editorial policies, a consultation with the sector’s stakeholders has found. A long dialogue with...

SRI adopted by exchange traded funds - news

SRI is moving into the world of exchange traded funds. Two new such funds, which take the form of an investment company holding securities of companies in a selected market index, have been set...

event managers bow to changing demands - news

The organizers of two of the world’s largest CSR and SRI conferences have shelved their showcase events, reflecting delegate demands for more specialized gatherings. After holding three annual...

Dixons steps up pace with human rights code - news

Dixons, the UK’s biggest electrical goods retailer, is developing a human rights charter. The policy, which the FTSE 100 company will begin to implement in May, will seek to establish clear...

World Bank takes up sustainability agenda - news

The World Bank has made an important advance in the evaluation of its operations and lending. In response to pressure from stakeholders, it has become the first multilateral development bank to...

Burma companies pinpointed - news

The International Confederation of Free Trade Unions (ICFTU) has listed 440 multinational companies trading with Burma, including more than 40 new names, in its latest report on business in the...

tsunami prompts best practice advice - news

Advice to corporates on best practice response to disasters is being developed by the Association for Sustainable and Responsible Investment in Asia (ASrIA) as a result of the Boxing Day tsunami....

analysts ‘not to blame’ for lack of interest in SRI - news

Investment managers and pension fund trustees, rather than analysts, are largely responsible for the relative lack of interest from institutional investors in the social and environmental...

Calvert turns mirror on itself - news

One of the best-known SRI asset managers in the US has practised what it preaches by publishing its first sustainability report. Maryland-based Calvert has tabled 14 shareholder resolutions in...

study to analyse CSR costs and benefits - news

Research has begun in Europe to assess the financial benefits to companies of adopting sustainability programmes. The Advance project, funded by the European Commission, will attempt to ‘make use...

inbrief - news

Tim Dieppe has been appointed to manage Henderson Global Investors’ range of global SRI funds, with particular responsibility for directing the group’s increasing investments in ‘industries of...

inbrief - news

An SRI information pack has been produced for UK independent financial advisers by the UK Social Investment Forum.

inbrief - news

An advisory service on socially responsible investment has been set up for staff and trustees of pension funds and charities. The service, provided by UK-based Rathbone Greenbank Investments,...

oil firms slip up on corruption - news

Ten of the world’s 23 largest oil and energy companies have been involved in serious corruption incidents during the past five years, says a new study by GES Investment Services, a Scandinavian CSR...

OECD cases revealed - news

The Organization for Economic Co-operation and Development has for the first time publicly listed ‘specific instances’ of alleged non-compliance with its guidelines for multinational enterprises....

Cintas will come clean on compliance details - news

Cintas, North America’s largest uniform maker, is to report publicly for the first time on how its suppliers perform against its ethical code of conduct. The US-based company’s decision follows...

pragmatism urged in China - news

Socially responsible investments can be made in China if investors are willing to overlook obstacles on staff access to free trade unions, a study suggests. An analysis by Switzerland-based Bank...

Monks adds ‘heavyweight’ presence - news

The veteran US corporate governance activist Bob Monks has taken a ‘substantial minority equity interest’ in the London-based social and environmental research company Trucost. Monks, who founded...

men dominate in CSR jobs - news

Two-thirds of company CSR executives are men. A review of 3564 Ethical Performance records of individuals with CSR managerial responsibilities in companies shows 67 per cent are male. This is...

inbrief - news

Corporate social expenditures in South Africa grew by almost seven per cent last year. Statistics collected by the Cape Town-based Trialogue consultancy estimate that South African companies gave...

inbrief - news

Rainforest Action Network has won this year’s Triple Bottom Line Investing Award for the organization whose efforts have best furthered the cause of sustainable investment. The US-based NGO was...

second term for Bush puts the ball in corporate court - news

While the US election results were widely regarded as bad news for CSR, the re-election of the president could, paradoxically, be a catalyst for change It would be wrong to say that gloom has...

ethical funds still represent tiny portion of retail market - news

Socially responsible investment funds account for less than half of one per cent by value of all European retail funds, according to a study of green, social and ethical funds in Europe. The...

sell-side analysts will get money to consider SRI - news

Four mainstream European institutional investors are to offer a financial incentive to encourage brokers and investment banks to do more research on the social and environmental performance of...

CSR guru tells SRI funds: ‘heal thyself’ - news

A leading CSR proponent has accused socially responsible investment specialists in the US of failing to practise in their own organizations what they preach. Paul Hawken, executive director and...

ethics screening moves into derivatives field - news

The rapidly-expanding credit derivatives market now has its own ethical index. The Ecpi-Credix ethical index is composed of 125 credit derivatives whose underlying assets have satisfied 200...

Nordic region gets set of ethical indices - news

The first family of ethical indices specifically for companies in the Nordic region has been established by GES Investment Services and News Agency Direkt. All companies listed in Copenhagen,...

EIRIS strengthens its overseas presence - news

Europe’s largest provider of investor information on the social and environmental performance of companies is to open offices in New York and Tokyo. Ethical Investment Research Services, which...

inbrief - news

Socially responsible investment rating agency CoreRatings has been bought by the Norwegian risk management and certification foundation Det Norske Veritas. DNV, which is best known in the CSR...

inbrief - news

Severn Trent raised its community investment to 1.7 per cent of pre-tax profits in 2003/4, up from 1.5 per cent the previous year. The UK-based water and utility group gave £3.7m ($6.6m) compared...

inbrief - news

Deutsche Bank has won top prize in the first Corporate Community Investment awards run by the UK’s Charities Aid Foundation. The bank took the £25,000 ($46,000) award, which it will give to its...

CSR gongs can prove to be a liability as much as an asset - news

There are hundreds of awards open to companies and individuals to win but many are of doubtful value because it is often unclear what they measure As with codes of practice, so with CSR awards....

new SRI tack for Dexia - news

A new socially responsible investment approach concentrating only on labour standards has been established by the Belgian insurance group Dexia. The approach, named Portfolio 21, will screen out...

Thames Water comes clean on lowlights - news

A water company has taken the unusual step of giving as much prominence to the deficiencies in its social and environmental performance as to the achievements. Thames Water’s latest corporate...

new body will raise research standards - news

An international trade association has been formed to promote higher professional standards in CSR research. The Association for Independent Corporate Sustainability and Responsibility Research...

ABN Amro places CSR at heart of its business - news

One of Europe’s largest banks has reorganized its head office to put more resources into its social and environmental performance. Netherlands-based ABN Amro has created a dedicated sustainable...

AWG pledges to give more precise data - news

AWG, the UK-based water and infrastructure services group, has been urged to be more precise when producing some of its sustainability indicators. In a verification statement accompanying AWG’s...

Henderson Global turns away from ‘best in class’ - news

One of the world’s leading SRI fund management companies is to place less reliance on the ‘best in class’ investment approach and instead put more money into sustainable companies regardless of...

'Corporate code of conduct' by Arthur J. Zaccanti - news

From Arthur J. Zaccanti Every rational United State's taxpayer knows that the current Security and Exchange Commission investigation, in conjunction with the Department of Justice Criminal...

'European Commission's Green Paper on Corporate Social Responsibility' by Brigid Benson - news

From the Senior Partner, The Gæia Partnership With reference to the Guest Column by Martin Le Jeune responding to the European Commission's Green Paper on Corporate Social Responsibility, I...

'Who can set ethical standards?' by Giampaolo Trasi - news

From the Head of Equity Investment Strategy at Banca IMI, Milan The issue raised in your Editorial Comment (Vol.2, issue 9) regarding the large number of ethical codes in existence, is an...

Compact targets China - news

China's business leaders have been urged by Kofi Annan, the United Nations secretary-general, to join the Global Compact. Annan, on an official visit to Beijing, warned that China's rapid...

Investors take ethical approach - news

Outside institutional investors are taking stakes in Korean companies with high value but weak corporate governance - and are then demanding ethical improvements. Gweon Seong-chul, president of...

New business group tackles human rights - news

An advisory group has been formed to help businesses in the Far East tackle human rights abuses, child labour, poverty, environmental degradation, legal compliance, corruption, regional conflicts...

inbrief - news

A dozen fund managers will begin to pilot transparency guidelines on active shareholding next year, using guidelines drawn up by the UK Social Investment Forum.

Japanese firms take FTSE4Good by storm - news

Japan has been given its own FTSE4Good index in recognition of the growing importance of CSR to Japanese companies. It is only the third country with a domestic...

shareholder activism makes the headlines - news

Shareholder activism has been the hottest topic in CSR over the past five years, an analysis of Ethical Performance contents in the period shows. The indexes of EP for...

CCLA gets tough on arms firms - news

Britain’s largest manager of charitable funds has tightened its criteria for investment in defence companies. CCLA Investment Management says its Charities...

firm drops charity on ethical grounds - news

A company that helps charities to raise money has terminated its street fund-raising contract with the UK-based Royal National Lifeboat Institution (RNLI) after learning...

SRI research to take in emerging markets - news

Two companies in the investment sector have jointly developed a socially responsible approach to emerging markets. Investment research and advisory firm Innovest and...

firms meet on palm oil - news

Food companies, suppliers and non-governmental organizations will gather in Jakarta, Indonesia, early next month to discuss ways of reducing the negative social and...

how the OECD’s fine principles are getting bogged down in detail - news

Procedures in the UK for handling complaints brought against companies for allegedly breaching OECD guidelines on responsible corporate behaviour do not appear to be working to the...

Wellcome opts for engagement - news

The UK’s largest charity by asset size has appointed Insight Investment to provide a shareholder engagement service on corporate responsibility and governance issues...

LSE sets up data repository - news

A central database of information on the social and environmental performance of companies is to be set up this month by the London Stock Exchange. The service,...

investors begin work on global principles - news

Major institutional investors around the world are to develop a set of global principles for responsible investment. The investors will refer to the principles when...

World Bank to adjust lending policy on extractives - news

The World Bank Group is to put more emphasis on the social benefits of projects it supports in the extractives sector and will increase its lending to renewable energy...

inbrief - news

The UK’s biggest ethical share issue has raised £5million ($9m) through an oversubscribed offer that attracted interest from 4,400 investors. The shares in...

training and education: the current picture for CSR - news

As the UK government’s CSR Academy begins to take shape, EP looks at the fragmented state of education and training in the corporate responsibility field Pity the corporate...

mixed picture on biodiversity - news

Only four of 22 major international extractive companies have made a public commitment to specific goals and targets on biodiversity, an investor study has shown....

bitesized comments are hit with reporters - news

An innovative approach taken by Ernst & Young to verifying one of the UK’s flagship social reports could be offered to other companies. The...

Nestlé welcomed into SRI investment fold - news

Nestlé has been admitted to a list of stocks approved as socially responsible by an investment research firm based in Sweden. Analysts at GES Investment Services decided...

inbrief - news

A South African socially responsible investment index was launched last month by FTSE Group and the Johannesburg Securities Exchange. The index has a universe of the...

why large private firms should be subject to the OFR regime - news

The key question surrounding the operating and financial review is a simple one. Will the UK government’s proposals to force large businesses to report more fully on social and...

Land Securities takes integrated approach - news

One of the UK’s leading shopping centre owners has formed a corporate responsibility implementation team to help it to meet new CSR targets. Land Securities, whose...

French bank creates CSR unit - news

The state-owned French investment bank Caisse des Depots et Consignations is to create a sustainable development division. The bank, which employs more than 41,000...

free ball-game tickets are unethical, fund says - news

The US mutual fund company Putnam Investments, which is to pay a $110million (£60m) fine to settle US federal and state claims of improper trading, is to bring in...

Gulf companies search for Arab strain of CSR - news

Companies in the Arab world are preparing to embrace CSR – but on their own terms. About half a dozen large businesses have agreed to become founding members...

firms post ‘poor’ results on supply chain efforts - news

Only a fifth of large UK companies with a significant reputational risk from supply chains in developing countries have a manager whose main job is monitoring labour...

NGO uses Citigroup as lever for change - news

The two largest financial services companies in the US have now agreed to put in place lending criteria on issues such as climate change and biodiversity, following a...

pharma forum to map out the future - news

Pharmaceuticals companies, investors and stakeholders are being brought together to consider long term challenges to the industry, including how it can provide greater...

Cisco adopts global CSR strategy - news

Internet network company Cisco Systems is to establish a global CSR strategy over the next 12 months as part of a dramatic move away from its traditional philanthropic...

inbrief - news

Dinner meetings are being planned to bring together socially responsible investment professionals to share stories about their work. The Eat2Meet initiative is being...

inbrief - news

Starbucks is investing $1million (£560,000) in three fairtrade coffee co-operatives in Latin America. The money will be channelled through the US-based Calvert Social Investment...

inbrief - news

Only seven per cent of directors of listed companies based in developed countries are women, according to Ethical Investment Research Services. An Eiris survey of 1817...

inbrief - news

Fortis Investments has said it will vote down the reports and accounts of any European companies that do not fulfil its CSR disclosure standards. The Dutch-Belgian...

our role is to question, not merely observe - news

Alan MacDougall takes issue with Peter Knight’s recent attack on ‘tick-box political correctness’ A response is needed to Peter Knight’s claim in last month’s...

investors and boards agree uneasy truce - news

Peace talks aimed at soothing the strained relationship between UK investors and companies over CSR and corporate governance issues have concluded with an agreement to hold...

huge French fund applies SRI to €3bn of its assets - news

Socially responsible investment in Europe has received a major shot in the arm with news that the French state pension fund will take an SRI approach to about a fifth of...

big push on dormant cash - news

UK financial institutions are being given the chance to redirect cash lying in dormant bank accounts to projects tackling social and financial exclusion. The...

stock exchange will act on questionnaire fatigue - news

The London Stock Exchange is preparing to create a centralized database on the social and environmental performance of companies as a way of tackling questionnaire fatigue...

inbrief - news

Ethix, the Swedish SRI research company, is spreading its wings. Ethix, which was set up in August 2003 to serve the institutional investor market, has merged with...

inbrief - news

Insight Investment , the asset management arm of the HBOS Group, engaged with 200 UK firms on more than 20 issues of social and environmental concern during 2003, the first...

inbrief - news

Assets in UK ethical retail funds now stand at £4.2billion ($7.5bn), according to Ethical Investment Research Services. Eiris says the record level has been reached despite a...

time for CSR Hobbits to get real on diversity - news

Tick-box political correctness is in danger of undermining CSR, argues Peter Knight There are five of us in the office, two men and three women – all pinkish-grey in...

US libel suit aims at silencing shareholder - news

Cintas Corp, North America’s largest uniform maker, is bringing a libel action against an investor who at the annual shareholders’ meeting accused the company...

why Timms believes the best is still to come - news

The world’s only corporate social responsibility minister tells EP how two new government measures will have a ‘significant’ impact on the spread of CSR Stephen Timms may have...

CIS seeks views of its customers - news

The Co-operative Insurance Society is to offer its five million policyholders a say in developing the SRI policy applied to its £20billion ($36bn) investment portfolio....

retailers to be drawn into regeneration - news

Large UK retail groups are to be invited to open stores and branches in deprived areas as part of a regeneration scheme. A government-backed initiative on ‘underserved...

Innovest opens Madrid office - news

Socially responsible investment research specialist Innovest Strategic Value Advisors has opened an office in Spain ‘in response to the growing demand for products...

‘best practice’ firms are not so hot - news

Only six out of 30 Hong Kong companies that put themselves forward as examples of best practice on CSR explicitly allow trade union membership. A survey carried out by...

rating agencies will submit to new standard - news

European socially responsible investment rating agencies have joined forces to create a quality standard in a bid to bolster confidence among investors and companies in...

UK decides to become global CSR cheerleader - news

The UK government is to deepen its involvement in CSR by acting as an advocate on the international stage. A draft global framework published by CSR minister Stephen...

angels market is under study - news

Potential demand for a service matching ethical businesses with potential investors is to be assessed by a new UK research project. The UK Social Investment...

‘vote out CSR directors’, investors told - news

Institutional investors have been urged to consider voting against the reappointment of board directors responsible for CSR if their company is not doing enough in this...

UN norms facing stormy passage - news

There is growing business opposition to United Nations norms that set out the basic human rights responsibilities of companies operating in more than one country....

inbrief - news

Six organizations have joined the European Sustainable and Responsible Investment Forum since the beginning of the year. They are ABP (Netherlands), Bank Sarasin...

inbrief - news

London-based private client investment company Rathbone Investment Management has launched an ethical investment unit called Rathbone Greenbank Investments ‘to meet the...

pension funds to get SRI tips - news

Guidance for mainstream European pension fund managers is to be produced by the European Sustainable and Responsible Investment Forum. Eurosif executive director Matt...

firms lose marks through poor public disclosure - news

Companies are failing to give enough favourable detail when they make public their social and environmental performance, an investor-sponsored study of UK housebuilders...

Isis works on climate change - news

A leading UK fund manager is working with the government on the corporate risks posed by climate change. Isis Asset Management has begun a research project on the...

Suncor makes headway on aboriginal relations - news

Suncor Energy, the Canadian oil and gas company, has more than doubled its proportion of aboriginal employees in five years. The company increased the number in Canada...

Cafedirect aims high with biggest ethical share issue - news

Cafedirect, Britain’s largest fair-trade hot drinks group by market value, hopes to raise £5million ($9.4m) in the country’s highest-profile ethical share issue to date....

tobacco giant sets out long-term CSR plans - news

The world’s fourth largest tobacco group has set out the corporate responsibility standards that it hopes to meet during the next few years. Imperial Tobacco says...

charities take SRI on board as regulation looms - news

The proportion of UK charities claiming to consider ethical issues when investing money has risen from roughly a half to almost two-thirds in just a year. A study...

French sustainability funds grow rapidly - news

The value of French funds managed along socially responsible investment lines more than doubled in 2003 and is now above €2.8bn ($3.5bn, £1.9bn), according to...

CSR ‘has no bearing on big corporate scandals’ - news

It is naive and unrealistic to expect that socially responsible companies should be less prone to internal fraud or accounting scandals, delegates at a Rome conference have...

Australia takes the lead with SRI disclosure law - news

The world’s toughest disclosure requirements on socially responsible investment come into force in Australia this month. From 11 March, companies providing...

Cohen warns on conflict between growth and values - news

One of the leading pioneers of socially responsible business has warned other entrepreneurs not to imperil their companies’ values in the search for rapid growth....

Standard Life raises heat on human rights - news

The investment arm of Europe’s largest mutual insurer is to encourage firms in which it takes a stake to draw up human rights policy guidelines covering employees and...

inbrief - news

Fifty fund management companies now hold licenses for the Dow Jones Sustainability Indexes, which they use as a basis of investment. The 50th to sign was Canada’s...

inbrief - news

CaringCompany has changed its name to GES Investment Services in advance of international expansion. The Scandinavian company, which specializes in socially responsible...

short-termism and corporate responsibility - news

Good CSR practice is built on sound corporate governance, says Craig Mackenzie Good corporate governance is a prerequisite for truly effective corporate...

listed firms ignore code - news

Only around one in three UK-listed companies fully complies with the country’s combined code on corporate governance. An annual review of corporate governance by...

palm oil users in the dark on origins - news

Most companies using palm oil in their products do not appear to know whether it comes from sustainable sources, according to the UK investment company Isis Asset...

World Bank told to stop investing in oil projects - news

An independent review commissioned by the World Bank has proposed the institution phase out financial support for oil projects in favour of lending to renewable energy...

French state pension fund calls for SRI tenders - news

The administrators of a new French state pension fund committed to a socially responsible investment approach have completed the second phase of a tendering process aimed...

US funds weigh in on climate change - news

Investor pressure on companies to address climate change has risen to an unprecedented level with the release of a ten-point ‘call for action’ by ten of the...

inbrief - news

A 15-strong panel of business leaders is to be formed by the UK government to advise on ways to attract more private sector investment into deprived neighbourhoods. The...

inbrief - news

Barclays Bank is to help provide local sports facilities as part of its UK community investment programme. The £10million-a-year ($17m) Spaces for Sports scheme will...

inbrief - news

The UK is maintaining its dominant position as Europe’s lead market for socially responsible investors, the Sustainable Investment Research International Group...

inbrief - news

Dow Chemical will be asked at its annual meeting in May to detail its initiatives to deal with the health, environmental and social concerns of Bhopal survivors. The...

investors who think CSR is bad for firms are the contrarians now - news

Strange that the City of London, one of the strongholds of socially responsible investment, also contains the greatest proportion of investors who think that managing...

inbrief - news

BT has come top in an analysis of how the FTSE 100 report on their employment practices. The telecoms group scored 97 out of 100 in a system devised by the West...

inbrief - news

Three asset management companies have won a new award recognizing outstanding examples of corporate activity in socially responsible investment. Rabobank Group...

inbrief - news

Socially responsible investment pioneer Tessa Tennant has won the third annual Sustainability Leadership Award. Tennant co-founded the UK’s first sustainability...

how companies can call off the resource curse - news

Oil and mining companies should exercise leadership to ensure host countries benefit from their operations, argues Daniel Litvin One senior manager in a western oil...

socially responsible investors are barking up the wrong tree - news

Do good companies do well? A lot hangs on this beguilingly simple question. If it could be shown that socially responsible companies perform better over time than those...

preserving reputation is the main driving force - news

The progress made by US companies in the field of CSR is largely the result of an overriding need to manage reputation, not of government prodding The aftermath of the state visit...

BHP Billiton assesses human rights risks - news

The world’s largest diversified resources company has taken a first step towards formally assessing the exposure of each of its sites to human rights-related risks....

BAT says Burma pull-out was ‘not the best way’ - news

British American Tobacco has said it still does not agree that businesses should pull out of Burma (also known as Myanmar) over the country’s human rights record, even...

winning entries generate innovative approaches to SRI - news

A competition established to stimulate new thinking on how to encourage institutional investors to take a long-term view of investment has sparked a host of innovative SRI...

SA banks take bold step on black empowerment - news

South Africa’s banks and financial institutions have devised a groundbreaking empowerment charter that aims to pass control of at least a quarter of the sector to...

work starts on forestry code - news

The World Bank is to help write guidelines for businesses on sustainable forest management. The guidelines, to be produced with the international conservation body...

honesty is the best policy in stakeholder reporting - news

Companies that produce ‘warts and all’ reports for their stakeholders are much more likely to win the trust of influential pressure groups, a study strongly...

institutional SRI investment in France to rise - news

Some 60 per cent of French institutional investors expect to make socially responsible investments during the next three years, a study suggests. A survey of 41...

analysts perform better with social data to hand - news

Analysts with access to data on a company’s social and environmental performance make more confident judgments about its economic prospects than those who...

inbrief - news

Only four domestically-run socially responsible investment funds have been identified by a study of SRI trends in seven Asian countries. The survey by the Association...

inbrief - news

Royal Bank of Scotland has produced its first corporate social responsibility report. The unverified document concentrates on community investment and environmental protection,...

inbrief - news

US clothing company Gap will produce its first social report in 2004, according to Dan Henkle, vice president of global compliance. m

inbrief - news

More than €336billion ($391bn, £234bn) is under institutional management on an SRI basis in Europe, according to the European Sustainable and Responsible Investment...

inbrief - news

Sanjiv Singh has set up a social auditing company in Dubai. Workplace Internal Regulatory Establishment will focus on social audits in the Middle East and Africa....

inbrief - news

Melissa Brown has been appointed executive director of the Association for Sustainable and Responsible Investment in Asia. Brown was previously deputy head of Asian...

CSR: how it has changed and how it will develop - news

To mark this 50th issue, EP considers the forces shaping corporate social responsibility – and looks at how the field is likely to develop in future When the first issue of...

P&G adopts fair trade coffee - news

Procter & Gamble is to introduce fair trade coffee into its US product range through its coffee division Millstone. US shareholder activists have filed a number of...

lawyers bid for CSR role - news

The European legal profession is asking corporate lawyers to play a greater part in responsible business practice. The Council of the Bars and Law Societies of the...

study reveals advice gap - news

Fewer than one in ten members of the UK public say they have ever received advice on socially responsible investment from their financial adviser, even though...

2004 launch for South African index - news

A South African socially responsible investment index will be launched in early 2004 according to its originators, the FTSE Group and the Johannesburg Securities Exchange....

Aussie firms slow to disclose - news

Only one in ten of Australia’s biggest firms have so far entered details of their corporate responsibility programmes on a new free-access database. The...

Russian companies start push for integrity - news

Three of Russia’s largest companies have helped establish a forum to promote business responsibility there. Alfa Group (financial and industrial), Interros...

second EC white paper on the way - news

A second white paper on CSR is to be issued by the European Commission in November 2004. The EC has decided this will be its course of action after it has received...

inbrief - news

A project to benchmark UK housebuilders’ management and performance on sustainability has been launched by Insight Investment. The investor has written to UK...

inbrief - news

Barcelona-based business school Esade has become the first Spanish institution to join the European Sustainable and Responsible Investment Forum. Matt Christensen,...

inbrief - news

Financial information company Morningstar Japan has created a socially responsible investment index. The Morningstar SRI Index, which is the first index to benchmark...

Adidas wins praise for CSR - news

Adidas-Salomon is the best-performing company in the global sports shoe industry, according to a Belgian socially responsible investment analyst firm. A six-month long...

SRI disclosure regulations begin to gather momentum - news

Regulators in Belgium, the UK and Australia are requiring institutional investors to make greater disclosure of information on their socially responsible investment policies....

music industry giant reveals CSR songsheet - news

The world’s largest music publishing company has unveiled a social responsibility policy. EMI Group, which has a roster of 1000 recording artists and a turnover of...

Nike report bites the dust despite Kasky settlement - news

Nike has abandoned publication of its corporate responsibility report, despite reaching an out-of-court settlement to bring the long-running Kasky v Nike legal case to an end....

Italian CSR ‘needs tax break stimulation’ - news

Socially responsible Italian companies should be rewarded with tax breaks, a government-funded report will recommend next month. The Bocconi University study of 91 Italian...

transatlantic alliance targets firms - news

Twenty-seven large European and US institutional investors have agreed to explore ways of working together on corporate governance and CSR issues. The group of...

inbrief - news

Credit Lyonnais Asset Management has become the latest mainstream investment company to launch a subsidiary dedicated to socially responsible investment. The new firm...

inbrief - news

Insight Investment , which has £67billion ($105bn) of assets under management, has written to the chief executives of 20 UK extractive and utility companies asking them how they...

inbrief - news

The Church of England significantly increased its engagement activity with companies in the last financial year. Acting through its Socially Responsible Investment...

inbrief - news

Four hundred senior executives at UBS Investment Bank are to receive training on how to integrate environmental criteria into their overall assessment of investment...

inbrief - news

Dutch asset manager Theodoor Gilissen Bankiers has launched a socially responsible investment tracker fund based on the Dow Jones Sustainability World Index. The firm,...

fillip for 'ethical question' - news

The long-running campaign in the UK to require financial advisers to ask their clients whether they have any social, environmental or ethical concerns when discussing...

Canada to get annual CSR health check - news

A snapshot of how different industry sectors in Canada, the world’s seventh-largest economy, are performing on social and environmental issues is expected to be published...

funds look for SRI experience - news

A study of 70 of the UK’s 250 biggest pension funds has found that more than half now consider socially responsible investment experience when appointing investment...

firms told: 'don't be bashful with mainstream investors' - news

Companies will have to be bolder about raising CSR issues in meetings with mainstream investor analysts if they are to get the business case across to the financial community,...

Tesco attempts to allay fears on ethical trading - news

The UK’s largest food retailer is seeking to dispel fears that it is reducing its commitment to ethical trading. Tesco says concerns that it has scaled down the resources it...

lift-off for SRI transparency guidelines - news

Fund managers in Europe have begun using guidelines intended to give the investing public – and companies – a clearer idea of how SRI funds decide which firms to...

investors join forces to strengthen their engagement - news

Eight large institutional investors have decided to combine forces to engage with companies on their social and environmental performance. They have agreed to share...

inbrief - news

Research into SRI practice in Asian countries is to be carried out by the Association for Sustainable and Responsible Investment in Asia with funding from the...

inbrief - news

Holly Mills has joined Standard Life Investment’s corporate governance team as SRI analyst. Mills, who will work with SRI research manager Julie McDowell, was...

inbrief - news

Bennett Freeman is to head a new corporate responsibility unit set up by the US public relations firm Burson-Marsteller. Freeman, former US deputy assistant secretary of...

inbrief - news

Polly Courtice has joined Jupiter Asset Management’s advisory committee on socially responsible investment issues. Courtice is director of the University of Cambridge...

Pfizer given poor rating - news

The world’s largest pharmaceutical group has fared poorly in a rating of how the top 11 drugs companies perform on social issues in developing countries. Pfizer, which...

downturn ‘has spurred CSR’ - news

Economic problems in Japan have stimulated companies there to become more socially responsible, a study claims. A review of corporate community investment in Japan argues...

human capital studied - news

Suggestions on how companies can improve the way they measure their investment in ‘human capital’ are to be made by a government task force this autumn. The...

Storebrand makes CSR ‘integral part’ of its values - news

Storebrand has developed a two-year action plan on corporate social responsibility. The Norwegian insurance and investment company, which manages NKr140billion (£12bn)...

200 analysts hear firms’ stories on CSR - news

Sixteen large European companies gathered in Paris last month to present details of their ethical performance to 200 investment analysts. The gathering was hailed as a...

banks agree new loan guidelines - news

Ten banks from leading financial centres have agreed voluntary guidelines for assessing social and environmental risks when financing development projects. The banks,...

inbrief - news

Will Oulton has decided to step down from his role as joint deputy chief executive at FTSE Group to set up a consultancy on socially responsible investment and corporate...

inbrief - news

The European Sustainable and Responsible Investment Forum, a Paris-based body that promotes socially responsible investment, has four new members. They are Dexia Asset...

inbrief - news

Finnish investment management company Mandatum Asset Management has taken out a licence to use the Dow Jones Sustainability World Index. Mandatum, whose customers are mainly...

communicate your achievements but be prepared for some knocks - news

Nothing excites like a new market, or failing that, a new angle on an old market. So it is with corporate social responsibility and public relations, where on both sides of the...

ISIS claims a first on transparency - news

A leading socially responsible investment fund manager is claiming to have become the first European fund management company to disclose its entire voting record at corporate...

UK investors mobilize votes on executive pay - news

Excessive director pay has dominated the UK’s spring annual general meeting season, with several companies reporting up to 30 per cent of shareholders voting against pay...

ExxonMobil now ‘on its own’ - news

ExxonMobil is now alone among the four ‘supermajor’ oil and gas companies in refusing to take meaningful action on global warming, according to a study released by Claros...

Insight reveals statistics behind engagement - news

Insight Investment has begun publishing quarterly updates of its engagement activities with companies on social and environmental issues. The first such report shows...

Dutch pension funds ready to embrace SRI approach - news

Three-quarters of Dutch pension funds expect to take the social, environmental or ethical performance of companies into account when making investment decisions in the future....

Anglo American makes move on local dialogue - news

Nine out of ten sites run by Anglo American are expected to have community engagement plans in place by the end of 2003. The world’s second-largest mining group says the...

mobile firms assuage fears - news

One of the UK’s leading socially responsible investment fund managers says it has been ‘reassured’ by mobile phone operators over safety fears relating to the use of both...

majority of UK charities have no SRI policy - news

The UK’s biggest charities routinely risk investing in companies whose activities may conflict with the charities’ aims, a survey strongly suggests....

analyst meetings spread to the continent - news

A UK initiative that brings together investment analysts and corporate executives to discuss their company’s ethical performance has expanded its horizons to continental...

Nike v Kasky nears resolution - news

A US Supreme Court ruling on the Nike v Kasky case, which has brought social reporting into the spotlight in the US, could be delivered as early as the end of this month....

US bank makes reporting debut - news

FleetBoston Financial has released its first annual sustainability report. The unverified report reveals that the seventh-largest financial holding company in the US...

inbrief - news

A Czech business organization has joined CSR Europe, the business-led group that campaigns on socially responsible business issues. The Business Leaders Forum of the Czech...

inbrief - news

National Grid Transco has stepped in to provide financial support to the UK’s All Party Parliamentary Group on Corporate Social Responsibility. The group, founded in 2001...

inbrief - news

Around €1.6billion ($1.8bn, £1.1bn) is now managed by funds based on the Dow Jones Sustainability Indexes, according to latest statistics. The indices are used under licence...

inbrief - news

Monsanto has been given the lowest possible investment rating – CCC – by the SRI analyst firm Innovest. Frank Dixon, managing director of Innovest, said the rating...

inbrief - news

Bank of Scotland is setting up a loan fund that will focus on regenerating deprived areas in the UK. BIGinvest will be one of the first funds to take advantage of the...

executive pay and the social responsibilities of investors - news

Executive pay has always occupied an odd position in the debate about the social responsibilities of companies. In the past, it has tended to fall within the realm of corporate...

Exchange head is a CSR fan - news

Hopes are rising that the next chairman of the London Stock Exchange could use his tenure in office to bring corporate social responsibility issues to the fore. Chris...

Citigroup’s green pledges lead to ‘ceasefire’ - news

A ‘ceasefire’ has been agreed between the world’s largest financial services company and an environmental non-governmental organization. Rainforest Action Network has...

Austrian and Irish workplaces head 100 list - news

Companies in Austria and Ireland have done particularly well in the first-ever list of the 100 best workplaces in the European Union. Nine firms in Austria and nine in...

FTSE4Good raises bar for oil, gas and mining firms - news

Oil, gas and mining companies must begin reporting publicly on their human rights records from September 2003 to qualify for inclusion in the FTSE4Good index family....

end is nigh for ‘simplistic’ SRI questionnaire culture - news

Over-reliance on ‘naive’ questionnaires that gather information about the ethical performance of companies is undermining the credibility of the socially...

ethical funds drop in number - news

The number of UK ethical funds has dropped for the first time since records began in 1996. There were 62 funds in March 2002 but only 57 by the following December,...

inbrief - news

Three European asset management companies are to use the Ethical Investment Research Service to monitor the social and environmental performance of companies. Credit...

inbrief - news

Ronnie Lim has been appointed a senior analyst in the socially responsible investment team at Morley Fund Management, one of the UK’s largest fund managers. Lim was...

inbrief - news

Davide Dal Maso is the new chair of the European Sustainable and Responsible Investment Forum. Dal Maso, who succeeds Emma Howard Boyd, head of Jupiter Asset...

inbrief - news

CDC Capital has signed up to the United Nations Environment Programme’s finance initiative on sustainable development. The UK-based group, which provides capital...

the next step in SRI for pension fund trustees - news

Pension funds need to disclose not just their SRI policy, but also how they are putting it into practice, says Emma Howard Boyd Despite miserable stock markets, the...

funds will have to state aims - news

Managers of socially responsible investment funds in Europe will have to publicly state their main environmental and social aims under a draft accreditation standard put...

SRI practice within a mainstream investor - news

How does a mainstream investor take account of social and environmental considerations within its investment process? EP asked Standard Life Analyzing the...

Spain is ready for SRI disclosure regulation - news

Spain is likely to become the latest country to introduce a regulation requiring investment funds to declare their position on socially responsible investment. Members...

fantasy SRI fund offers mandate - news

Fund managers have been invited to enter a global competition to find the best structure for a hypothetical pension fund run along socially responsible lines. The...

‘put it to vote’ says Pirc - news

Companies have been urged to allow shareholders to vote on their corporate social responsibility policies at annual meetings. The UK-based Pensions Investment Research...

Rio Tinto woos the analysts - news

Rio Tinto is to present its social and environmental report to mainstream analysts and brokers at special seminars in London and Sydney. The multinational mining...

TUC aims to turn trustees - news

The Trades Union Congress is to encourage greater shareholder activism by making UK pension fund trustees more aware of corporate social responsibility matters. The TUC...

Aegon maps out CSR path - news

One of the world’s largest insurance companies is setting out a long-term plan to improve its corporate social responsibility. Netherlands-based Aegon, which is among the top...

inbrief - news

The Dutch pension fund of the Shell group has awarded Zurich-based Sustainable Asset Management a mandate to manage €100million ($107m, £67m) of European equities along...

inbrief - news

The UK-based Ethical Investment Research Service has formed a research partnership with The Good Bankers analyst firm in Japan. The Japanese research provider will assess the...

inbrief - news

A subsidiary of a Malaysian bank has launched what it claims are the first socially responsible investment funds in the country. Mayban Management Berhad, a member of the...

inbrief - news

Real Assets Investment Management, a Canadian firm specializing in socially responsible investment, has merged with United Investment Counsel, a British Columbia-based...

inbrief - news

Storebrand , the Scandinavian investment management company, has been appointed to take over the management of a socially responsible fund run by the UK-based Charities...

inbrief - news

Geeta Aiyer has left Walden Asset Management after four years as president to start her own social investment firm. Joining her as partners at Boston Common Asset...

companies need to manage risk in the good times and the bad - news

When one of the founder members of a club leaves unexpectedly, people are bound to start asking questions. So it is with Littlewoods, whose unheralded announcement that it is...

Pirc extends advice service - news

A service that advises institutional investors how to vote on corporate social responsibility matters has been launched by UK-based Pension Investment Research Consultants....

EC lobbied on share issues - news

The European Commission has been urged to require that company share prospectuses include information on corporate social responsibility issues. Fifty organizations...

WWF says BP is ‘resting on its laurels’ - news

A leading UK charity is to disinvest from BP over concerns about the oil company’s ethical performance in the past year. In a symbolic gesture, the UK arm of WWF will sell...

ethical share issue is a hit - news

The largest-ever UK public share issue by a social enterprise has reached its full subscription of £4.2million ($6.7m). The Ethical Property Company will use the funds,...

confident ETI begins to expand its horizons - news

The Ethical Trading Initiative is to expand its membership beyond its traditional base of food and clothing companies as part of wider plans to engage more with the outside...

ABP buys stake in Innovest - news

Europe’s largest pension fund has edged further into the socially responsible investment field by buying a minority stake in Innovest Strategic Value Advisors, which...

trustees pinpoint social issues - news

Over a third of UK pension fund trustees believe the social and environmental performance of companies will have a significant impact on the market value of the FTSE 100 in...

Mistra improves its SRI coverage - news

A Swedish government-endowed foundation has brought in two firms of specialist analysts to enhance its socially responsible investment approach. Mistra, which has...

FTSE 100 firms respond well to ABI guidelines - news

Two-thirds of FTSE 100 companies have made either a ‘full’ or ‘adequate’ response to the Association of British Insurers’ socially responsible...

Littlewoods raises ire of NGOs and unions - news

One of the UK’s leading retailers is to scrap its entire ethical trading department and curtail its corporate social responsibility activity after a takeover....

Pharmacia pilots HIV drugs programme - news

A US pharmaceutical company is piloting a new way of widening access to medicines in the poorest parts of the world. Pharmacia, in partnership with the Amsterdam-based...

tax boost for investing in community - news

A tax break for companies that invest in disadvantaged communities has come into force in the UK. Corporate and individual investors who put their money into small...

US resolutions challenge executive pay structures - news

Executive pay is emerging as a focus for shareholder action in the US. ‘Excessive’ executive compensation and linking the pay of directors in part to the...

inbrief - news

mmo2 will produce its first corporate social responsibility report this year. The mobile phone firm, which recently unveiled a new community investment programme (EP4, issue 8,...

inbrief - news

Neil Marsh has left the socially responsible investment research firm Innovest Strategic Value Advisors citing ‘increasing differences’ with colleagues over the...

cleaning up corporate America finally pays a CSR dividend - news

The decision of the Securities and Exchange Commission to require US mutual funds to disclose their proxy voting policies and voting records ends a long-standing anomaly....

KLP bans 27 big names - news

One of Norway’s largest institutional investors has excluded 27 companies from its portfolio after setting a ‘minimum ethical standard’ for all its...

Australia gears up for tough SRI disclosure - news

Australia’s investment regulator is considering a move that would impose the world’s toughest requirements on fund managers to detail their policy on socially...

social venture hands out cash - news

A disc-jockey management service and an energy advice business have become the first projects to receive funding from a new UK-based social venture capital company....

Asian SRI scene shows signs of marked growth - news

Socially responsible investment is finally beginning to take hold in the Far East, according to the Association for Sustainable and Responsible Investment in Asia....

Belgian fund moves to SRI - news

A government investment fund in Belgium has switched to a socially responsible investment approach. The €400million ($427m, £264m) Flemish Care Fund, which is run...

Bhopal still haunts Dow - news

Dow Chemicals has found itself at the centre of a debate on the limits of corporate accountability as non-governmental organizations and social investors increase pressure on...

fund manager suspends BP - news

BP has been suspended from the portfolio of retail socially responsible investment funds managed by Henderson Global Investors due to ‘continuing safety problems’...

SRI approach ‘is worth 2%’ - news

Socially responsible investment can improve fund performance by more than two per cent a year, says a leading investment bank. WestLB Panmure says its research ‘clearly...

inbrief - news

The investment arm of Barclays Bank is to pay recruitment agencies a 25 per cent bonus for finding women and ethnic minorities to fill its senior jobs. Barclays Capital,...

inbrief - news

mm02 , the mobile phone company, has launched a community investment programme that will initially concentrate on projects to tackle the causes of youth crime. Its ‘Can Do...

inbrief - news

Emma Howard Boyd has become the new head of Jupiter Asset Management’s green department, taking on overall responsibility for the management and development of...

inbrief - news

Jayn Harding has been appointed head of corporate social responsibility at index provider FTSE Group. In this new post Harding, formerly environment manager at supermarket...

do-it-yourself approach no longer good enough - news

It’s time for investors who engage with companies to agree core ethical standards, says Craig Mackenzie Large institutional shareholders are discovering a new willingness to...

ING puts human rights to fore - news

Investment management firm ING is to take more account of human rights issues in its investment portfolio this year. The Dutch asset manager, which manages $300billion...

make funds report on SRI, says adviser - news

Pension fund trustees who have said they take social, ethical and environmental issues into account when they invest should be forced to report annually on how they are doing...

gifts in kind grow in popularity - news

Members of the PerCent Clubof companies – a UK grouping that monitors charitable giving – have morethandoubled their donations to non-profit bodiesin the past three years....

French embrace ethical investment - news

Socially responsible investment in France has grown dramatically in the past two years, according to an analyst who has been studying SRI funds there. Nicolas Manoni, of...

Shell sets up Dutch SRI pilot - news

Shell has adopted a socially responsible investment approach to some of the money it manages in its pension fund for Dutch employees. Around €10million ($10m, £6m) of Shell...

fund targets social sector - news

A socially responsible venture fund has been launched by the UK-based fund manager Catalyst. The ‘social sector fund’ will be run in conjunction with The Big...

oil firms agree transparency pact - news

Eleven oil companies are to break new ground in transparency by declaring how much money they pay to three governments on a new oil project in theCaspian Sea. The...

inbrief - news

The ethical investment advisory group of the Church of England is to review the ethics of investing in companies involved in human embryonic stem cell research. The group will...

inbrief - news

Innovest , the US-based socially responsible investment research firm, has opened an office in Paris to cover France and southern Europe. Managing director Pierre Trevet is...

inbrief - news

Europe’s largest pension fund is to launch a $250million (£158m) socially responsible investment vehicle this month in which other pension funds will be able to invest....

inbrief - news

Oxford University is to begin reviewing the social and environmental performance of companies in which it invests. The university’s investment committee is adopting an...

common standards are needed for engagement to be effective - news

More companies are facing questions from investors about their social, environmental and ethical performance than ever before. Gone are the days when only a few companies,...

HBOS backs global principles - news

A major UK asset manager has said it wants to see the companies it invests in comply with internationally recognized standards of behaviour such as the OECD Guidelines for...

UK investors signal fresh era in activism - news

A body that represents virtually all UK institutional investors has said its members will adopt a more vigorous approach when voting at annual company meetings on resolutions...

VanCity targets suppliers - news

A Canadian financial services business is to ensure all its suppliers conform to its ethical policy by the end of 2003. Vancouver City Savings Credit Union each year places...

as Accor quits Burma, more companies move in - news

The world’s largest hotel chain has become the latest company to withdraw from Burma. Accor, which runs more than 3700 hotels in 90 countries, has announced that...

SRI funds ‘lacking courage’ - news

Managers of socially responsible investment funds have been accused of timidity because of their obsession with comparisons between their performance and that of mainstream...

Nike says CSR ‘gag’ case is barrier to free speech - news

Nike expects to learn this month whether the US Supreme Court will hear an appeal against an unprecedented legal ruling by the Supreme Court of California that has prevented...

FTSE unveils ethical South African index - news

Plans for a socially responsible investment index in South Africa have been unveiled by FTSE Group and the Johannesburg Securities Exchange. The two companies have...

Nokia tops SRI league table - news

Nokia is the stock most commonly held by socially responsible investment funds in Europe. The Finnish telecoms firm is now a more popular pick than the previous...

SRI funds to get European standard - news

A Europe-wide accreditation standard for socially responsible investment funds is to be produced by spring 2003. Work on creating the voluntary standard has been approved by...

inbrief - news

Financial institutions are being offered tuition on socially responsible investment by the founders of the annual Triple Bottom Line Investment conference. Brooklyn Bridge’s...

inbrief - news

A Hong Kong investment manager has launched a socially responsible fund of Asian equities. In-house researchers at Kingsway Fund Management’s SRI Asia Fund will assess...

inbrief - news

Mainstream financial firms should train their analysts to routinely take into account corporate social responsibility matters when analyzing stocks and bonds so they can cover...

time for financial firms to lift the agency veil - news

Lenders need to apply social and environmental screens to the projects they finance to minimize reputational risk, says Alan Banks As SRI investment techniques...

business hit by bribe payers - news

Four out of ten companies believe they have lost business in the last five years because a competitor paid a bribe. A survey of 250 international companies based in Germany,...

Glebe goes for engagement - news

Australia’s largest ethical investment fund manager has altered its investment policy to place greater emphasis on engagement with companies on social and environmental...

Fimilac launches CSR ratings agency - news

A company that owns one of the world’s largest ratings agencies has set up a service focusing on corporate social responsibility. Fimilac, which owns the Fitch ratings...

Anheuser-Busch is Vice Fund’s top pick - news

Drinks company Anheuser-Busch has emerged as the biggest holding in a fund that champions ‘socially irresponsible investment’. The US-based Vice Fund holds six per cent of...

trust backs SRI standard - news

A think-tank is to back calls for the creation of a Europe-wide accreditation standard for socially responsible investment funds. The London-based Federal Trust for...

charities could be forced to disclose stance on SRI - news

Proposals to require charities to disclose whether they have a socially responsible investment policy have been unveiled by an influential policy unit set up by the UK prime...

wide range of views included in European CSR forum - news

A business body that has been one of the main campaigners against regulation on corporate social responsibility has become a key member of the European Commission’s...

inbrief - news

An online recruitment service for organizations looking for staff in the fields of corporate social responsibility and socially responsible investment has been...

inbrief - news

Rory Sullivan and Kerry ten Kate have joined Insight Investment’s socially responsible investment team. They will report to Craig Mackenzie, who heads the team. Sullivan joins...

inbrief - news

Paul Longshaw has joined the UK-based Cause and Effect consultancy as a specialist in corporate social responsibility and employee engagement. Longshaw moved from BP,...

inbrief - news

A partial privatization of the UK’s state-run Commonwealth Development Corporation has been shelved until further notice due to the decline in world stock markets. CDC Capital...

inbrief - news

Sustainable Investment Research International is doubling its capacity to cover more than 1000 global corporations from the 500 international companies it covered in...

inbrief - news

Henderson Global Investors has published a guide on how it assesses the ethical performance of companies. The Henderson SRI research and engagement handbook outlines...

firms disregard green risks - news

Most large corporations think sustainability is important to their business, but few take account of the issue when making long-term business decisions or assessing risk,...

church ethics hit share returns - news

Church of England equity investments underperformed the FTSE All Share Index last year due to a policy of excluding certain companies on ethical grounds, according to the...

Carrefour gives boost to reporting in France - news

Carrefour, Europe’s largest retailer, has entered the social and environmental reporting field. The supermarket chain’s first sustainable development report contains,...

financial firms ready to unveil ethical guidelines - news

More best practice guidance for the financial services sector is to be unveiled next month. The ‘Forge Two’ corporate social responsibility management and reporting...

firms offered help with questionnaire fatigue - news

A novel way of tackling questionnaire fatigue has been developed by an Australian social and environmental investment research body. The Sustainability Reporter web site,...

FTSE4Good expands again – but ousts 17 firms - news

Fifty-nine companies have been added to the four main FTSE4Good indices and 17 removed in the latest review of constituents. BHP Billiton, Ford, Tate & Lyle and Telecom...

Lydenberg calls for global SRI think-tank - news

A senior figure in the socially responsible investment community has proposed that a global think-tank be created to review methods of assessing the non-financial performance...

World Bank begins work - news

Research on how governments in developing countries can be encouraged to support CSR is to be commissioned by the World Bank. The work will be part of its programme to...

inbrief - news

Vodafone is the company most favoured as an investment by UK ethical fund managers for the second year running, according to the Ethical Investment Research Service....

inbrief - news

Innovest , the investment research firm, has appointed two new analysts to its London team. Shami Nissan joins from a consultancy practice where she specialized in the...

inbrief - news

JP Morgan is to launch a socially responsible investment fund this month. The JP Morgan Fleming Global SRI Fund will use the FTSE4Good Global Index as its benchmark....

time to blow the froth off all this empty CSR talk - news

Good social reports clarify the impact companies have on society. But some fudge the difficult issues, say Peter Knight and Nigel Salter As noted in the...

business no longer needs to fear EC regulation on CSR - news

The European Commission’s communication on corporate social responsibility initially gives the impression that Brussels felt it had to do something, but was so overwhelmed by...

ScottishPower is top dog - news

The breadth and depth of Scottish Power’s corporate social responsibility programme have won it the Impact on Society Award at the annual Business in the Community Awards for...

agency rises out of Arese ashes - news

A new ratings agency has been formed to analyse the social and environmental performance of companies around the world. Vigeo, which will be based in Bagnolet, France, has...

standards help investors rate drug firms - news

An ‘industry standard’ for assessing the corporate social responsibility of drugs firms has been drawn up by three global non-governmental organizations. Oxfam, Save...

new code for financial sector - news

Eleven European companies and investment institutions have signed a set of seven principles intended to clarify how financial markets can encourage sustainable development....

CSR managers branded dull and ‘time serving’ - news

Companies stand accused of giving their corporate social responsibility briefs to unimaginative ‘time serving’ executives with little taste for innovation. The...

white papers ease regulatory fears - news

Prospects of imminent regulation on CSR in Europe have receded with the publication of the European Commission’s communication on the subject and the UK government’s response...

inbrief - news

Tandem has organized a social responsibility committee made up of representatives from each of the company’s operating units to develop policies on the environment, labour...

inbrief - news

The Australian government is to help fund a public awareness campaign on socially responsible investment. The campaign will be launched at the annual conference of the...

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Association for Sustainable and Responsible Investment in Asia 18-29 October Tokyo, Japan The second annual ASrIA conference will be held at the United Nations University.

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SRI in the Rockies 2002 17-20 October Colorado Springs, US Annual gathering of the US’s socially responsible investment community. The event is now in its 13th year.

inbrief - news

Scotland’s largest legal firm, Dundas & Wilson, has pledged to give free legal advice worth £250,000 ($369,000) to Social Investment Scotland, a loan fund for the voluntary...

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Vodafone has brought the community investment work of its subsidiaries under a single umbrella. The newly-created Vodafone Group Foundation will receive £10million ($14.7m) this...

hopes are high as Timms becomes CSR minister - news

The business world has welcomed the appointment of Stephen Timms as the UK government’s new corporate social responsibility minister. Timms, who was appointed to replace...

French pull out of SiRi group - news

The French socially responsible investment analysts Arese have relinquished their role as one of 12 partners in a worldwide SRI research service that began operating last...

investors demand better disclosure - news

Thirty institutional investors have significantly stepped up the pressure on companies to improve disclosure on their social and environmental impacts by jointly demanding...

the man with no taste for regulation on CSR - news

EP talks to Douglas Alexander, UK minister for corporate social responsibility, on his year in office – and why he still believes regulation is not the way forward When the...

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The largest pension fund in the US has reversed a decision to pull out of investments in companies in the Philippines. The California Public Employees’ Retirement System...

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Louisa Mitchell has been appointed to the newly-created post of executive director of the Association for Sustainable and Responsible Investment in Asia (Asria)....

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CityLife has set up a ‘social interest bond’ to increase investment in deprived parts of East London. The ‘Boost’ bond aims to raise £50million ($73m), help create...

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Mellon Global Investments , one of the largest bank holding companies in the US, has launched a European Ethical Index Tracker fund that avoids investments in companies connected...

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Christopher Wells has joined ABN Amro’s Brazilian subsidiary, Banco Real, as its socially responsible investment manager. He was formerly with Unibanco.

Timms becomes new CSR minister - news

Stephen Timms has been appointed as the UK's new minister for corporate social responsibility as part of a government reshuffle. Timms, who as pensions minister was...

MEPs vote on mandatory social reporting directive - news

A resolution backing mandatory social and environmental reporting was due to be put to the vote in the European Parliament on 30 May. The resolution invites the European...

‘myopic’ markets are hampering progress - news

Short-termism driven by the financial markets is proving one of the biggest barriers to the spread of corporate social responsibility, a corporate law expert has argued....

engineers look at sustainability - news

A strategy document aimed at promoting sustainable construction for the UK’s civil engineering sector has been launched by the Institution of Civil Engineers. The...

‘ethics lite’ SRI funds told to adopt Dutch standards - news

Signs are emerging that a Dutch accreditation standard for socially responsible investment funds could be extended throughout Europe. The voluntary standard was launched in...

drug firms head SRI matrix - news

Two pharmaceuticals companies have been ranked as the most ethically desirable FTSE100 investments in a ‘sustainability matrix’ developed by a major fund management firm....

UK funds expect growing SRI demand - news

Most UK fund managers expect to become more involved in socially responsible investment in the near future, research suggests. Forty-nine of 65 fund managers surveyed by the...

inbrief - news

US researchers claim to have identified a trend among US companies away from charitable giving and towards community programmes that focus on ‘social investment’. A...

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Canadian energy company Enbridge has pledged to adopt a set of human rights standards. The move follows a recent shareholder resolution put forward by Real Assets...

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Employee volunteering rose nearly threefold last year at UBS Warburg. The investment bank says around 200 of its 1300 staff engaged in some form of volunteering during 2001. The...

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The second annual Ethical Investment Management Forum organized by Euromoney Seminars will take place from 18-19 June in London.

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Seven analysts have joined Global Risk Management Services following its recent management buyout. London-based GRMS, which specializes in socially responsible investment...

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A web-based discussion forum on socially responsible investment has been set up by the Association for Sustainable and Responsible Investment in Asia. The Asria Forum...

SRI returns ‘same as norm’ - news

Returns from socially responsible investment are neither better nor worse than those from mainstream investment, an academic study in Canada has concluded. The study,...

CSR leaders accused of ignoring bottom line - news

Senior company executives are in danger of concentrating on corporate social responsibility to the detriment of their core business, a former UK government minister has...

MEPs ready to back Euro reporting law - news

Mandatory social and environmental reporting across Europe may move a step closer this month if, as expected, the European Parliament formally requests that a commitment to...

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The Allchurches ‘Amity A’ fund has been awarded first place in the ethical investment sector of the annual Standard & Poor’s UK Fund Awards. During 2001 the fund...

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Two-thirds of UK socially responsible investment fund managers are prepared to join forces to engage with companies on ethical matters, a study has suggested. Nine of...

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An Australian pensions disclosure regulation requiring fund managers to state their position on socially responsible investment came into force on 11 March (EP3,...

SRI investors need to assess companies and not countries - news

The powerful Californian state pension fund, Calpers, has done socially responsible investment no favours with its decision to begin selling the equities it holds in some...

reshaping the political influence of companies - news

The ethics of corporate giving to political causes face a new test as changes in the UK law bring new opportunities for political influence BP’s announcement at the...

CSR group grows rapidly - news

More than 130 parliamentarians have now joined the UK All Party Parliamentary Group on Corporate Social Responsibility, which was founded last year by 40 MPs and peers....

FTSE4Good index brings 82 more firms into the fold - news

Another 82 companies have been added to the four FTSE4Good indices following a second review by its advisory committee. New constituents include Safeway, Rank Group, Egg,...

Pirc puts directors’ pay in the spotlight - news

A new ratings system has been unveiled to help institutional investors identify companies offering their directors ‘excessive’ remuneration packages. The ratings,...

Calpers exit creates storm - news

One of the world’s biggest pension funds has come under attack for deciding to stop investing in parts of Asia on largely ethical grounds. The California Public...

Domini bags SRI deal in NY - news

Domini Social Investments has been selected to manage $190million (£134m) worth of City of New York investments along socially responsible investment lines. The...

inbrief - news

Global Risk Management Services , a London-based consultancy specializing in socially responsible investment research, is changing hands for £1.1million ($1.6m) in a...

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Helen Wildsmith is the new executive director of the UK Social Investment Forum. She joins from the Centre for Business and Society at Ashridge Management College,...

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Only 23 of 101 SRI fund managers and analysts in Europe and the US are assessing the social and environmental performance of companies using ‘best practice’ methods,...

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Mobile phone company Orange has set up a web site outlining its work in the community. Its corporate community investment manager Jacqueline Stokes said the site would...

BP and Shell come top of oil companies - news

BP and Shell have fared best in an analysis of the social and environmental performance of eight large oil and gas companies carried out by the Co-operative Insurance Society...

Triumph leaves Burma with 1000 job losses - news

A ‘social plan’ to help reduce the impact of redundancies is being drawn up by Europe’s largest lingerie manufacturer, Triumph International, after an announcement that it...

big player ready to join SRI game - news

Barclays Global Investors is investigating a move into socially responsible investment. BGI, based in the US and one of the world’s biggest fund managers, is...

chief execs sign new pledge - news

Heads of almost 40 major global companies have put their names to a statement that personally commits them to place ‘corporate citizenship at the core of business strategy’,...

Italy set for rapid growth in SRI funds - news

The number of socially responsible investment funds in Italy is likely to rise by at least 50 per cent by the end of this year, according to research by Socially Responsible...

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Pavilion Asset Management has launched a socially responsible investment fund. The Pavilion SRI Fund will assess companies on issues including the quality of their...

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Administrators of a social exclusion loan fund set up by four banks in Scotland say they have been ‘inundated’ with requests for loans from voluntary groups. The...

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The Charities Aid Foundation has renamed its Ethical Plus Fund the CAF Socially Responsible Fund ‘to reflect more closely the scope and focus of its investments’. CAF said it...

time to accentuate the positive benefits of CSR - news

Companies are not getting the most out of CSR if they focus solely on risk reduction and not productivity gains, says Stephanie Draper The most common business case made for...

the EC green paper: some responses on SRI - news

As things stand at present, few investors and companies are working together to develop common ways of assessing corporate ethical performance. As a result, many companies are churning...

Israeli firms take leadership role - news

Ten companies in Israel have agreed to act as a ‘leadership group’ on corporate social responsibility. The firms, which include First International Bank and Cellcom,...

HBOS lures Mackenzie to spearhead SRI drive - news

One of the UK’s biggest financial companies has jumped into the socially responsible investment market by luring the City’s best-known SRI specialist, Craig Mackenzie, to...

government to get tough on directors’ pay - news

Details of new requirements proposed for reporting on directors’ remuneration have been outlined by the UK government. Draft regulations posted on the Department of Trade...

Nestle tries to tackle questionnaire fatigue - news

One of the world’s largest food companies has become so fed up with processing questionnaires on its ethical performance that it may soon politely decline to complete them....

KPMG gauges City activity - news

KPMG has written to 120 UK fund management companies to establish the level of socially responsible investment activity in the City. The professional services firm has sent...

US SRI market tops $2trillion - news

Socially responsible investment continues to grow strongly in the US and has not been adversely affected by the recent market downturn. The value of total assets...

inbrief - news

Alan Banks has been appointed chief executive of Global Risk Management Services, a UK-based firm specializing in socially responsible investment research on companies for fund...

challenging the banks on their lending policies - news

Commercial and investment banks need to broaden the range of risks they consider when assessing asset finance deals, says Alan Banks We all know that, despite the...

the EC green paper: some early feedback - news

The green paper has prompted a large number of submissions from companies and other interested parties. EP reviews a selection of them The consultation period for...

Allianz sets up CSR group - news

One of the world’s biggest financial services companies has formed a sustainability strategy group. The German banking and insurance firm Allianz has formed the group...

UK ethical purchases rise by 18 per cent - news

Consumer spending on ethical goods in the UK rose by almost a fifth in 2000, according to a purchasing index devised by the Co-operative Bank and the New Economics...

Dutch fund tests SRI approach - news

The Dutch pension fund manager ABP has set up two experimental socially responsible investment (SRI) portfolios. The portfolios, of US and European equities respectively,...

financial institutions warn against Burma links - news

Eight institutional investors have issued a joint statement expressing their ‘grave concerns’ about foreign companies working in Burma. The statement’s signatories –...

Eurosif works up policy - news

The founding partners of the European Sustainable and Responsible Investment Forum are to meet this month to discuss the body’s policy on various issues. Eurosif,...

export agencies to study social impact of projects - news

Twenty-four major economic powers have agreed to commit their export credit agencies to look at social and environmental factors when underwriting business projects....

BP ‘should be doing more’ to help black South Africans - news

BP could do more to help post-apartheid black empowerment initiatives in South Africa, a stakeholder review has suggested. The review, based on dozens of detailed interviews...

UK dominates SRI holdings - news

UK companies dominate the upper echelons of a league table of stocks most commonly held by European socially responsible investment retail funds, according to research by the...

chancellor will offer tax credit - news

Firm plans to introduce a tax credit to encourage companies to invest in deprived communities have been announced by the UK government. Chancellor of the exchequer...

CSR green paper will turn white - news

The European Commission’s green paper on corporate social responsibility now looks certain to be followed by a more comprehensive white paper that could usher in Europe-wide...

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The French asset management firm AXA is to launch a new socially responsible investment fund next year. The fund, which will be set up using sustainability ratings...

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Emma Howard Boyd , head of UK-based Jupiter Asset Management’s environmental research unit, is to chair the European Social Investment Forum (Eurosif) launched last month. Howard...

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Socially responsible investment is the theme of the sixth annual conference of the UK-based Local Authority Pension Fund Forum in Bolton, which takes place 5-6...

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The United Nations Conference on Trade and Development (Unctad) has published a briefing paper on social responsibility as part of its Issues in International...

corporate responsibility brought down to earth - news

The underlying principles of CSR are simple enough, so why is the language used to describe it so complex, asks Gerry Hagelberg Spin and hype deservedly evoke negative...

retailers begin to measure up - news

Nine UK supermarket chains have agreed to help develop common benchmarks for measuring their social, environmental and ethical performance. The companies –...

annual votes on pay aim to curb ‘fat cats’ - news

Plans by the UK government to give shareholders the right to an annual vote on directors’ pay are to be unveiled before Christmas. A consultation document on draft...

Scots get organized on CSR - news

A newly-formed group that will campaign on corporate social responsibility in Scotland has appointed an eight-member board. Social Responsibility in Scotland – also...

French companies told they must report on social issues - news

The French parliament has approved legislation that will require listed companies to report on social and environmental issues. The New Economic Regulations Bill, which will...

performance is not everything, says Kiernan - news

Investors and analysts should drop their ‘absurd’ preoccupation with whether socially responsible investment funds outperform or underperform mainstream funds, according to a...

charities lack ethics policies - news

Only around half of 47 large UK charities investing in company shares have a formal ethical investment policy, a survey finds. Twenty-five of the 47 charities that replied...

China advisor gives SRI the thumbs up - news

A senior policy advisor to the Chinese government has come out in favour of socially responsible investment (SRI). Anthony Neoh, who is chief advisor to the China Securities...

sustainable finance principles launched - news

City investment managers and NGO representatives meet this month to begin work on the London Principles for Sustainable Finance. The principles are backed by the...

Japanese get the yen for ethical funds - news

More than 150billion yen ($1.2bn) is now invested along socially responsible investment (SRI) lines in Japan. Latest figures from the Nikko Asset Management group show around...

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The New Zealand Green Party has failed in its attempt to win support for an amendment to include a clause promoting socially responsible investment in the government’s...

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Amanda Young has joined CCLA Investment Management’s ethical research unit as a socially responsible investment analyst. Young joins CCLA, whose clients include the...

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Julie McDowell has been appointed socially responsible investment research manager at UK-based Standard Life Investments, which has £76billion ($110bn) of assets under...

inbrief - news

Penny Shepherd has left the UK Social Investment Forum, a network of organizations and individuals with an interest in socially responsible investment. The forum’s...

major investment manager offers SRI to its clients - news

One of the world’s largest investment management firms, State Street Global Advisors (SSgA), has formed a ‘strategic alliance’ with the London-based SRI specialists Friends...

European companies respond to atrocities - news

Businesses across Europe have responded to the World Trade Center attack and its aftermath with an unprecedented wave of corporate giving that has generated hundreds of...

Europe gets new umbrella group on ethical investment - news

A Europe-wide body to promote socially responsible investment (SRI) will be launched this month. The European Sustainable and Responsible Investment Forum – or...

all party group sets up talks with minister - news

The UK’s all party parliamentary group on corporate social responsibility will question the CSR minister about his role at its first meeting this month. The group,...

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The inaugural conference of Asria – the Association for Sustainable and Responsible Investment in Asia – will take place in Hong Kong on 2 November....

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‘Socially responsible investment for European institutional fund managers’ will be the focus of a conference on 9 November in London. John Gummer, former UK government...

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An analysis of the operating strategies of 20 ethical investment funds from five European countries is available on the internet from the Association of Chartered...

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UK corporate social responsibility minister Douglas Alexander is to make his first major speech on CSR issues on 23 November in London. Alexander, who took over the...

corporate responsibility and investment strategy - news

Investment strategy trends are driving the growth of interest among investors in the environmental and social performance of companies, says Rob Lake The terrible...

250 Brazilian firms report social impacts - news

Social reporting in Brazil is more developed than environment reporting, according to an analysis from Unibanco. Brazil’s fourth-largest private bank says that contrary to...

companies slow to act on environment policies - news

Three-quarters of European companies operating in more polluting sectors have now published policies on the environment, but less than half have put in place the systems...

Vodafone makes headway on worldwide CSR policy - news

Vodafone is to launch a set of group-wide business principles next month and will develop a detailed corporate social responsibility policy in 2002. The telecoms...

SRI disclosure law targets Australian pension funds - news

The Australian parliament has paved the way for a UK-style pensions disclosure regulation that will require fund managers to state their policy on socially responsible...

inbrief - news

Two new analysts have joined Global Risk Management Services. The London-based investment research house specializing in social responsibility issues has hired Andy White and...

inbrief - news

The European market for socially responsible investment is the theme of a conference for institutional fund managers to be held in London on 9 November by Cadogan...

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The ethical policies of 22 UK high street banks and building societies have been reviewed by the Ethical Investment Research Service. The review is based on a survey...

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Henderson Global Investors has appointed Alex Gozzi as socially responsible investment business co-ordinator with overall responsibility for the operations of the SRI team in...

inbrief - news

Rachel Withey has joined the Ethical Investment Research Service as assistant director. She previously worked for the National Society for the Prevention of Cruelty to Children...

inbrief - news

EQ Management has appointed three new corporate social responsibility specialists to its team. Christele Delbe, who has previously worked as an ethical investment researcher for...

a response to the challenges set out in the EC green paper on CSR - news

A fundamental question underpins the European Commission’s consultative paper on corporate social responsibility: how can the EU best encourage companies to adopt uniform CSR...

AA1000 gets major overhaul - news

Moves to revise the AA1000 standard on social auditing have begun with the publication of a consultation document on how it should be updated. The document, produced...

FTSE4Good will drop exclusion policy - news

Tobacco manufacturers, arms makers and nuclear power companies will eventually be allowed to qualify for inclusion in the FTSE4Good indices. Six of the eight socially...

main pension funds give the nod to SRI principles - news

Most of the UK’s largest pension funds now appear to have made some kind of commitment to socially responsible investment (SRI), according to a new survey. A Friends...

researchers form worldwide SRI service - news

Socially responsible investment (SRI) research bodies from 12 countries have joined forces to provide data on companies’ social and environmental performance for...

shareholders back social responsibility - news

A majority of shareholders in one of the UK’s largest energy companies have said they consider the company’s environmental and social performance ‘as important as its...

green paper sets off EU debate - news

The European Commission has shown its strongest support yet for corporate social responsibility (CSR) principles by publishing a green paper as a ‘launch-pad for debate’ on...

inbrief - news

Investment institutions should draw up a charter for judging remuneration policies, according to a new ‘agenda for investment’ put forward by KPMG and the Tomorrow’s...

inbrief - news

New guidance on socially responsible investment has been sent out to 11,000 individuals working in the pensions industry. The guidance has been published by War on...

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Companies to be included in the FTSE4Good index series will be named on 10 July. The independent advisory committee, after some delay, has decided to exclude tobacco...

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New trends in socially responsible investment will be the subject of a seminar organized by European public policy advisors EPPA on 12 July in London. Speakers include...

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US investment bank Goldman Sachs is to provide $1.4million (£1m) to help specialist schools in the UK through its charitable foundation. The Goldman Sachs Foundation...

each European member state needs a dedicated CSR minister - news

This month sees the publication of a green paper on corporate social responsibility by the European Commission – its first formal step towards developing a strategy in...

balancing profits and social responsibility - news

Critics charge that corporate social responsibility is a business distraction and distorts the market by deflecting companies from their primary role of making profits. But...

EC plans to promote CSR agenda at Rio+10 - news

The European Commission is expected to promote corporate social responsibility as an important element of the Johannesburg world summit on sustainable development next year....

Co-op Bank and Camelot vie for award - news

Co-operative Bank and Camelot have been shortlisted for the annual Impact on Society Award to be announced this month. The award, which recognizes UK-based companies deemed...

M&S taken off register over store closure plans - news

Marks & Spencer has been taken off the investment register of a European ethical investment research organization after being accused of failing to inform staff early...

young Scot moves in as UK’s new CSR minister - news

Douglas Alexander has become the UK’s new corporate social responsibility minister. Alexander, who is the Labour MP for Paisley South, replaces Kim Howells at the...

CIS makes managers socially accountable - news

A leading UK insurer is to include a ‘social accountability dimension’ in the job descriptions of all its managers. The decision by Co-operative Insurance Services (CIS)...

legal group to expand community activities - news

The law firm Allen & Overy has expanded its pro bono and community programme. The ‘Values into community action’ programme is outlined in its latest community...

four big banks put money into new social fund - news

Four banks in Scotland will jointly launch a loan fund in September to tackle social exclusion. The Bank of Scotland, Clydesdale Bank, Lloyds TSB, and Royal Bank of...

City analysts slow on uptake - news

City analysts are slowly taking the social and environmental performance of companies into account when making investment decisions, according to a new study. The...

EC launches green paper - news

The European Commission begins a major consultation exercise on its corporate social responsibility policies this month with the launch of a green paper. The...

inbrief - news

Boots has launched a new web site providing information on its community investment programme. The 24-page site, which links to the company’s main web pages, includes...

inbrief - news

FTSE4Good had an ‘overwhelming’ response to consultation on its investment criteria, announced this month. More than 200 different organizations, mainly investors but...

inbrief - news

Best practice guidance on socially responsible investment for investment managers has been produced by the National Association of Pension Funds and the Institute of...

how to integrate SRI into mainstream investment - news

Mainstream investors are not interested in weighing moral dilemmas, but in assessing the management capabilities of companies, says Chris Burgess Socially responsible...

the Companies Act and the stakeholder question - news

The UK company law review will publish its final report next month. EP talked to the chairman of the sub-group that considered ways in which the balance of power between...

Vodafone is top ethical stock - news

Vodafone heads a league table of UK companies favoured by ethical fund managers, according to the Ethical Investment Research Service. The mobile phone company has...

Hong Kong firms to get new ratings - news

Standard and Poor’s is to launch a new service that will assess the corporate governance standards of individual companies on Hong Kong’s Hang Seng Index. The ratings...

lottery operator will curb its profit margin - news

Camelot has promised to cut its profit margin by half as one of a series of pledges made in its second social report. The UK National Lottery operator says it will attempt...

Henderson embraces SRI - news

Asset management company Henderson Global Investors is expanding the corporate governance standards of its UK investment policy to include the environment, human rights,...

bank claims ethics can pay - news

The Co-operative Bank has broken new ground in the field of corporate social responsibility by putting a figure on the business benefit of its ethical policies. The...

inbrief - news

Storebrand is to survey the level of healthcare provided by multinationals for their employees in the developing world. Sarita Bartlett, head of socially responsible...

inbrief - news

Whitbread has appointed Jerry Marston as its new community investment director. Marston, who was previously head of social responsibility at Kingfisher, replaces Ian...

inbrief - news

A conference on ‘Ethical Investment Management’ will be run by Euromoney from 21-22 June in London. Speakers include Penny Shepherd MBE, executive director of the UK...

inbrief - news

The Ethical Investment Research Service will offer its clients social performance data on Japanese companies through a partnership deal with So-Tech Consulting. Eiris said that...

SRI is popular because the market demands it - news

People acknowledge the power of global business and want more say on the principles under which it operates, says The Rt. Hon John Gummer A secretary of state for the...

the temperature rises following Bush’s decision to reject Kyoto - news

There are at least four conclusions business can draw from the furore surrounding president George Bush’s decision not to back the Kyoto protocol. The first, and most...

the financial community warms to CSR policies - news

A flurry of recent initiatives from the UK investment community suggests that mainstream investors are taking more notice of companies’ social and environmental records....

investors pile on the pressure - news

Pressure on businesses to improve their environmental and social performance increased last month as the Association of British Insurers said it would adopt guidelines on...

business ‘needs five-year deadline’ on CSR - news

UK companies should be given a five-year deadline to adopt corporate social responsibility measures or face legal sanctions, a prominent political and economic commentator...

business ethics course is aimed at UK schoolchildren - news

An educational charity has launched the first business ethics course for UK schoolchildren in an attempt to inculcate socially responsible attitudes into the next generation...

Co-operative businesses to ponder social goals - news

The UK’s co-operative businesses are meeting this month to discuss how best to ‘re-connect’ their financial and social goals. The 47 firms, which include the...

ExxonMobil faces activist resolution - news

ExxonMobil has been told it must allow its shareholders to vote on a resolution at its annual meeting this month that calls on its directors to consider social and...

inbrief - news

Internet company AOL UK has teamed up with Fairbridge, a youth development charity, to train disadvantaged young Londoners in web design and IT skills. AOL UK community...

inbrief - news

The UK’s third largest pension fund is to appoint two more people to its social responsibility investment research team. The Universities Superannuation Scheme has been...

FTSE4Good should reward best practice in all industry sectors - news

The launch of the FTSE4Good family of ethical indexes has symbolic as well as practical value. It shows that one of the world’s leading equity index managers thinks socially...

Belgians prepare to push CSR - news

The Belgian government is to promote corporate social responsibility during its six-month presidency of the European Union, which starts in June. The start of the...

drug companies extend help on Aids - news

Two of the world’s largest pharmaceutical companies have announced measures to provide cheaper Aids drugs to the developing world, prior to an important court case on drug...

French set up SRI forum to lobby business and investors - news

A forum to encourage more socially responsible investment in France has been created in Paris. The launch of Forum pour L’Investissement Responsable on 8 March...

MPS and lords line up to join all-party group - news

Around 35 MPs and peers have expressed an interest in joining an all-party parliamentary group on corporate social responsibility to be launched in the UK after the general...

BP facing three AGM resolutions - news

BP will be faced with three shareholder resolutions on social and environmental issues at its London AGM on 19 April. The resolutions - on climate change strategy, policy...

investors urge top firms to vote on directors’ pay - news

Eight leading institutional investors have come together to write to 750 publicly quoted UK companies urging them to allow shareholders an annual vote on their...

FTSE to launch four ethical indexes for fund managers - news

Around half of the UK’s largest listed companies are expected to qualify for four new socially responsible investment (SRI) indexes to be launched by FTSE in June....

clothing company backs ethical trading - news

The Swiss clothing retailer Charles Vogele has agreed to become a ‘marketing partner’ of the fair trade company Amana, which runs the Link label. The...

consultants in Smart move - news

A new consultancy has been set up to specialise in the field of social, ethical and environmental responsibility. The London-based Smart Company has been established by five...

Myners Review may boost SRI - news

The UK government is to ask institutional investors to become more active shareholders in order to improve the performance and behaviour of companies. The move will...

inbrief - news

The amount of money invested in UK ethical funds has moved past the $4.3billion (£3bn) mark, according to figures from the Ethical Investment Research Service. Latest EIRIS...

inbrief - news

Henderson Global Investors has appointed Gary Topp as the business development director of its socially responsible investment team. Topp was previously with Henderson’s UK...

corporate responsibility under president Bush - news

President George W. Bush has brought a reputation for conservatism with him to the White House. This has raised fears that the momentum behind corporate social responsibility...

France adopts SRI regulation - news

The French parliament has adopted new legislation that requires fund managers of employee savings plans to state their position on socially responsible investment (SRI)....

WWF to target fund managers - news

World Wide Fund for Nature in the UK is to recruit a sustainable investment policy officer to help persuade City fund managers to adopt socially responsible investment...

Germans launch SRI forum - news

A sustainable investment forum has been launched in Berlin to encourage more socially responsible investment in Germany. Forum Nachhaltige Geldanlagen, which aims ‘to...

City begins to feel heat on ethical investment - news

Fund managers are feeling greater pressure to adopt socially responsible investment principles but are ill prepared to do so, a Deloitte & Touche study has concluded....

GRM provides SRI analysis for insurance giant - news

A London-based firm of analysts is to carry out research into the social and environmental performance of European companies for the asset management arm of CGNU, the worldís...

parliament to get CSR group - news

A parliamentary committee on corporate social responsibility is to be launched in the UK after the next general election. The committee will hold hearings on CSR issues in...

advancing the business case for human rights - news

Chris Marsden confesses to being daunted by his latest role. The former head of BP's community affairs team is to take over this spring from Sir Geoffrey Chandler as chair of Amnesty...

inbrief - news

The Ethical Investment Research Service has signed a deal with the German research body IMUG (Institut fur Markt Umwelt Gesellschaft) that will allow EIRIS' institutional...

inbrief - news

The 12th annual 'SRI in the Rockies' conference will be held from 9-12 September in Tucson, Arizona. The event for socially responsible investment professionals is run...

inbrief - news

Friends Ivory & Sime has been engaged to manage investments of Christian Aid's £13million pension fund in a socially responsible manner.

inbrief - news

Plans to strengthen legislation to deal with violent animal rights activists have been announced by UK home secretary Jack Straw following financial problems experienced by...

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Norwich Union has unveiled plans to launch a socially responsible open ended investment company which will focus on companies committed to sustainable development. The Oeic will...

inbrief - news

The UK's third largest pension fund has decided to focus its socially responsible investment approach initially on oil and gas companies. The £22 billion Universities...

lessons from my first year as CSR minister - news

Companies have a key role in regenerating deprived communities. Dr Kim Howells outlines some practical ways in which they can become involved Last March...

companies and investors need fewer ethical codes of conduct - news

As with reporting standards, so with ethical codes of conduct. There are simply too many of them. Broadly speaking, ethical codes come in two types: general declarations of...

bank takes new ethical path - news

Bank of Scotland has issued an interim statement on ethical matters while it works on producing a full corporate citizenship report that will be published later in the year....

Unibanco leads the way in Brazil with ethical research service - news

The sell-side equity research department of Brazilian bank Unibanco has launched a socially responsible investment (SRI) research service on Brazilian equities. The...

Iceland looks at ending group sales of tobacco - news

The frozen food retailer Iceland is to review sales of tobacco through its cash-and-carry business Booker, with which it merged last summer. The study of tobacco...

$49bn funds plan new offensive on SA8000 - news

The head of New York City's pension funds is to stage a shareholder resolution offensive this spring in an attempt to persuade 27 US companies to adopt and implement the...

BP faces human rights challenge - news

BP Amoco is being targeted by human rights campaigners who want it to sell a 2.2 per cent stake in the Chinese oil company Petrochina. The Free Tibet campaign held a vigil...

inbrief - news

The first body to promote socially responsible investment in Asia has been established. The Association for Sustainable and Responsible Investment in Asia aims to...

advancing sustainable investment strategies - news

Socially responsible investment funds have made it possible to define broader strategies for sustainable development, says Tessa Tennant Investors have a key...

making regeneration part of social responsibility - news

A new report, from a taskforce first announced by Gordon Brown, the chancellor, in February 2000, is likely to prompt businesses of all sizes and sectors to consider a review...

Henderson rebuilds SRI team - news

Henderson Global Investors has begun to rebuild its socially responsible investment team by appointing Rob Lake as head of strategy. Lake, who was previously director of...

GKN ready to move on CSR - news

The engineering group GKN has begun considering how to take corporate social responsibility into account in its business practices. The UK-listed multinational will for the...

Dutch fund moves toward SRI approach - news

The Dutch pension fund PGGM looks set to adopt socially responsible investment (SRI) principles across its entire portfolio. PGGM, which manages €50billion (£30bn) on...

social fund makes its first move - news

A $10million venture capital fund set up to invest in ‘environment-friendly’ Latin American and Caribbean businesses has made its first investment. The EcoEnterprises Fund,...

talks start on creating Europe-wide SRI body - news

Plans for a Europe-wide body to promote socially responsible investment (SRI) are being developed by SRI practitioners from France, Germany, Italy, the Netherlands and the...

top firms edge forward - news

Corporate governance standards among UK companies have marginally improved in the past year, but a significant number of companies still have boards and remuneration...

UK government to promote CSR - news

A commitment to ‘work to encourage corporate social responsibility by national and transnational companies’ is included in the UK government’s new white paper on...

inbrief - news

ING Bank has agreed to fund the establishment of a chair in socially responsible investment at the Business School at Nyenrode University in the Netherlands.  ...

inbrief - news

Banking economist Brian Pearce has joined the Forum for the Future think tank as head of the Centre for Sustainable Investment, which will be launched next year to...

inbrief - news

A guide to socially responsible investment (SRI) for pension funds in the wake of the UK regulation requiring a policy on SRI has been written by Mark Mansley, head of...

inbrief - news

Russian companies have been told they must adopt ‘credible, predictable, and equitable corporate governance principles’ if they are to begin to attract further...

inbrief - news

Insurance and investment group Friends Provident has decided to produce a triple bottom line report on its activities next year. The group announced this summer that it...

how a state of readiness can stave off corruption - news

Careful planning can avoid the difficulties that accompany bribery requests – as can an understanding of local cultures, says John Bray Corporate codes forbidding the...

corporate social responsibility and the European Commission - news

The European Commission is starting to take a greater interest in corporate social responsibility (CSR). At present this interest is manifesting itself in a series of...

study profiles typical ethical investor - news

The vast majority of individual UK ethical investors are middle-aged and well educated, according to a new poll. A survey answered by 485 ethical investors revealed that 78...

  UK-based food and drug retailer The Boots group has developed a community investment intranet site to encourage staff members to get involved in the company’s...

EC considers SRI directive - news

Pressure is growing on the European Union to produce a directive that would force pension funds to disclose their policy on socially responsible investment (SRI)....

how the dotcom world is lagging behind on CSR - news

Early indications from the UK government-backed Digital Futures inquiry into the ethics of e-businesses suggest that this new business sector is still at an early stage in developing...

inbrief - news

A new newsletter about socially responsible investment in Europe, SRI in Progress, has been launched by Terra Nova Conseil, a Paris-based management consulting firm...

lottery money funds push on investment - news

Two charities have been given £140,000 from the UK’s National Lottery to help persuade pension funds to invest their money more ethically. War On Want and Traidcraft...

pension funds embrace SRI regulation - news

More than half of the largest UK pension funds have asked their fund managers to take ethical investment considerations into account when investing money, according to a new...

BiE index criteria given tougher new emphasis - news

Criteria for Business in the Environment’s annual index of corporate environmental engagement have been made more stringent. Survey forms for the fifth BiE Index, which had...

inbrief - news

The Global Reporting Initiative is holding an international symposium from 13-15 November in Washington DC to look at ‘Leveraging investment, corporate accountability, and...

inbrief - news

Stephen Timms, the man behind the recent pension ethics disclosure regulation, will be the main speaker at the UK Social Investment Forum’s millennium annual lecture on 28...

business gets more value from its corporate giving - news

Corporate giving is growing significantly in the UK, but companies are putting more of their money into specific community projects rather than giving it straight to charity....

guest column: the practice of social and environmental reporting - news

A combined report cannot measure all social and environmental impacts. The most important thing is for companies to make a start, says Jon Woodhead As a developer and...

'ethical' consumers all talk and little action - news

There is a strong undercurrent of interest in ethical issues among British consumers, according to new research published by The Co-operative Bank. But the latent...

With-profits SRI fund first for NPI - news

NPI has launched the first ever with-profits fund into the UK’s socially responsible investment (SRI) market. The Socially Responsible With-Profit Fund is...

£1billion plan for community investment - news

Tax breaks for companies, banks and private individuals investing in businesses set up in deprived communities is one of the key recommendations in a report on social...

European rating for 2001 - news

Plans for a sustainability index that rates the social and environmental performance of European companies have been announced by a Dutch company. The Trilogy index,...

EIRIS begins rights study - news

A major survey into European companies' human rights policies is to be carried out by the London-based Ethical Investment Research Service (EIRIS). Around 1000 UK...

inbrief - news

The National Association of Pension Funds is preparing guidance on best practice for institutional investors wishing to engage with companies on socially responsible...

CSR moves up the agenda for companies in Australia - news

Early signs that corporate social responsibility (CSR) issues are assuming greater prominence in Australia have come with the announcement by a Melbourne-based company that...

pension funds embrace new regulation - news

The majority of the UK’s largest pension funds have decided to adopt some form of socially responsible investment (SRI) approach now that the government’s pension regulation...

award recognises United Utilities' impact on society - news

United Utilities has won the Impact on Society Award at the annual Business in the Community awards for excellence for its ‘clearly defined approach to managing and accounting for its...

inbrief - news

Seven socially responsible investment specialists have left Henderson Investors to join Morley Fund Management, the asset management arm of CGNU, the world's sixth largest...

inbrief - news

Pressure is growing on the trustees of the UK’s parliamentary pension scheme to adopt a socially responsible investment (SRI) approach. At least one trustee, Labour MP...

Norway creates SRI fund - news

The Norwegian government has chosen the Ethical Investment Research Service to help it invest a small proportion of its oil revenues along socially responsible lines....

guest column: human rights and the role of companies - news

Companies need to consider the human rights implications of overseas projects at the earliest possible stage, argues Frances House  Many senior executives have argued that it is...

Abbey National outlines investment code - news

The UK’s fifth largest bank has issued a new set of ethical guidelines as a framework for its investment policies. The Abbey National Group guidelines say the bank should...

fund manager expands SRI unit to improve engagement - news

Friends Ivory & Sime (FIS) is expanding its socially responsible investment unit. FIS, the investment management arm of Friends Provident Group, will recruit two additional...

Phillips &Drew strengthens SRI policy - news

Fund manager Phillips & Drew has issued new guidelines on its approach to socially responsible investment (SRI). The guidelines, which have been posted on the web, claim SRI ‘is...

investment review’s remit ignores SRI - news

A major review of institutional investment in the UK has failed to include any consideration of socially responsible investment (SRI) in its remit. The Myners review, which was...

fund managers ‘unmoved by direct action activists’ - news

Pressure groups and activists campaigning on social and ethical issues have little direct impact on City fund managers and analysts, a survey has shown. A poll of...

dinner debates will go on record - news

A series of ‘dinner dialogues’ on socially responsible investment (SRI) will be published this autumn. The dinners, which took place during the first three months of this year, were...

insurance giant asks ethical questions - news

Co-operative Insurance Society (CIS) has sent questionnaires to 200 UK companies in which it invests, asking for information on their social, environmental and ethical...

inbrief - news

Penny Shepherd, executive director of the UK Social Investment Forum, received an MBE in the Queen's birthday honours list.

Shell backs sustainability - news

Shell has increased its social responsibility commitments by setting up a foundation that will channel millions of dollars into social investment and sustainable development...

engaging FP puts pressure on the City - news

One of the UK’s major insurance and investment groups has announced it is to monitor the ethical performance of its entire portfolio of equity assets. In a move that...

SRI market gets a new image - news

A novel way of classifying socially responsible investment (SRI) funds has been developed by SustainAbility. In its report, A responsible investment, the management consultancy...

inbrief - news

Amanda Bowman has joined food and drinks conglomerate Diageo as head of community involvement. Bowman was previously director of corporate community investment at Business in the...

inbrief - news

Tessa Tennant, one of the best known figures in socially responsible investment (SRI) on both sides of the Atlantic, left Henderson Investors at the end of May. The head of...

inbrief - news

Pepsico shareholders in the United States have defeated a move to ban use of sweeteners derived from genetically altered corn in the company's soft drinks. The resolution,...

guest column: pioneering a new form of company reporting - news

What makes a good social report? Roger Adams, who recently helped judge the first UK Social Reporting Awards, offers advice to CSR directors   Ten years ago green reporting...

inbrief - news

The University of East Anglia (UEA) has instructed its investment fund managers Phillips & Drew to check if any of the money held on behalf of UEA employees is invested...

editorial: corporate social responsibility is a response to market demands - news

The publication of the latest stage of the UK company law review and the appointment in the UK of a government minister with a specific corporate social responsibility (CSR) brief,...

inbrief - news

Around one fifth of FTSE 100 companies have carried out an environmental audit, according to the third annual survey of environmental reporting from Pensions and Investment...

new minister expected to promote CSR among companies - news

Senior industry figures with a corporate social responsibility (CSR) brief have welcomed the appointment of the first CSR minister in a European country. Kim Howells became CSR...

businesses 'can help to end conflict' - news

Large companies operating in countries where wars are taking place can – and should – make every effort to foster peace, a forthcoming report will claim....

inbrief - news

Human rights protestors are trying to persuade global investors to boycott a $3billion sale of shares in the gas and oil producer PetroChina, which is owned by the Chinese...

make space in AGMs to talk to public, firms told - news

Companies should look at the idea of creating ‘separate space’ for stakeholder dialogue at their annual general meetings, (AGMs) a think tank has said. The UK-based Centre for...

inbrief - news

Prudential's recently created social responsibility unit is expected to reach a full staff complement of five, its head Claire Hitchcock has said. The unit, which is...

inbrief - news

Fund management company Friends Ivory & Sime has launched a 'major engagement programme' on human rights. The programme will apply to the £2.5billion of socially...

abuse of stakeholder idea has become 'dangerous' - news

The definition of stakeholders is now so inclusive it is becoming ‘deeply dangerous’ and counter-productive, according to an analysis by a leading business ethics expert. Elaine...

large companies heed human rights agenda - news

More than a third of the world’s largest 500 companies have decided not to proceed with a proposed investment project because of human rights concerns – and one in five...

Glasgow eyes engaging idea - news

The managers of one of Britain’s largest local authority pension funds have been advised to use an engagement approach if they decide to adopt a socially responsible investment...

new service to put business in spotlight - news

A new software package that analyses the ethical performance of nearly 2000 international companies is to be offered to investors. Jeff Rooker, the government’s pensions...

inbrief - news

A guide for pension fund trustees developing ethical policies is to be produced by the Ethical Investment Research Service (EIRIS) in early summer.

inbrief - news

The Co-operative Insurance Society has joined the UK Social Investment Forum (UKSIF), a network of organizations and individuals with an interest in socially responsible...

ethical investment seen from an IFA perspective - news

Companies wishing to attract ethical investors need to make information on their corporate social responsibility initiatives more readily available to independent financial advisors, says...

charities seek lottery money - news

Two of the UK’s leading trade and development charities have applied for a £150,000 National Lottery grant to advise pension fund trustees on international development issues such as...

NUS suppliers quizzed on ethics - news

An ethical grading system is being used by a purchasing arm of the National Union of Students to let contracts to companies. The system, based on a social and environmental...

top 100 could do much better on diversity - news

The UK’s leading companies are still not putting enough effort into diversity policies, according to new research by the London-based corporate governance consultancy...

Cohen to lead new taskforce - news

The chairman of a venture capital company is to head a new search for ways to encourage greater social investment by businesses. Ronald Cohen of Apax Partners will lead the Social...

campaigners use 'social' shareholder resolution tactics - news

Pressure groups in Europe are using shareholder resolutions put forward at annual general meetings of large companies in a bid to persuade the companies to develop ‘more sustainable’...

inbrief - news

Co-operative Insurance Society (CIS) has made two new appointments to its investment team to help implement its recently announced 'responsible investor' strategy. Laverne...

inbrief - news

A dozen investment management businesses have now signed up to use the Dow Jones Sustainability Index, launched last year to identify the top 200 global companies that...

inbrief - news

Baillie Gifford, the independent investment managers, have appointed their first corporate governance manager. Colin Melvin previously worked for mutual insurer Standard Life,...

intimidatory activists threaten CSR prospects - news

It would be easy to dismiss the recent row over the sale, by fund manager Phillips and Drew, of shares in Huntingdon Life Sciences (HLS), as an isolated event of no relevance to the...

ratings service aims to track the ethical performance of companies - news

A new corporate social responsibility ratings service has been set up by Pensions and Investment Research Consultants (PIRC). The Corporate Responsibility Service will...

OECD prepares guidelines on social responsibility - news

New guidelines on the conduct of multinationals have been drawn up by the organization for Economic Co-operation and Development (OECD). The draft guidelines have been extensively...

Norfolk fund to adopt SRI line - news

Norfolk County Council has decided to invest part of its £1 billion employee pension fund using a socially responsible investment (SRI) approach. The trustees of the fund have...

two new SRI funds will target niche markets - news

Two new socially responsible investment (SRI) funds have been launched. Both are aimed at niche markets. The Pavilion Eco Friendly Fund, launched by Pavilion Asset...

UK stores scramble to sign up fair trade deals - news

Most of the UK’s biggest supermarkets are expected to begin selling fair trade fresh produce in the near future, following a decision by the Co-operative Wholesale Society...

NAPF goes down the engagement route - news

The UK’s National Association of Pension Funds (NAPF) has decided to help pension fund managers engage companies on socially responsible investment (SRI) matters. The...

US funds ask firms to back ethical trading - news

The head of New York City’s pension funds has written to food companies in the United States urging them to adopt and implement the SA8000 ethical trading standard. In a letter...

inbrief - news

Socially responsible investment in the pensions industry is the theme of a one-day conference in London on 25 February. The progress of UK pension funds in meeting the...

inbrief - news

Partial privatisation of the UK government's ethically-inclined Commonwealth Development Corporation has moved a step closer with a change in its constitution that makes it a...

inbrief - news

A Bill that would give tax relief to UK citizens who lend money to social investment funds has been put forward by Labour MP Tony Colman. The ten minute rule Bill, which has...

socially responsible companies need a pension fund to match - news

In recent weeks there have been clear signs that investors are finally waking up to the importance of corporate social, ethical and environmental risks. Two of the three largest UK...

the City's interest is growing, but slowly - news

Senior managers think there is a strong link between the environmental and financial performance of their companies, but the City has so far failed to make the connection. However there...

green firms 'fare better' - news

Further evidence of a positive link between shareholder value and sound environmental performance has been furnished by a new study from the international conservation organization WWF....

retailers fall short on foreign labour codes - news

Two-thirds of UK-listed retailers have yet to adopt any formal code of conduct on overseas labour standards, according to a new survey by the Local Authority Pension Fund...

PPM evaluates UK companies - news

The fund management arm of the UK’s largest life insurer has begun evaluating the social and environmental performance of all the UK companies in which it has holdings....

socially aware business 'will reap equity reward' - news

A Swiss bank has concluded that socially responsible European businesses will ‘inevitably’ reap benefits on the equity markets over the next few years, even though it failed to find a...

ethics database is launched - news

A new business ethics database has been launched on the internet. The Corporate Critic service, which claims to outline the ethical performance of more than 20,000 companies across...

pension fund’s U-turn could herald new era - news

A decision by the UK’s third largest pension fund to invest more ethically has provided one of the strongest signs yet that many other funds could be ready to adopt a socially...

foreign liability to be investigated - news

A new research project is to look at the growing number of legal cases taken against multinationals for harm they have allegedly caused to communities outside their home base....

poor image for car makers - news

Car manufacturers, oil companies and the financial services industry are judged to be the worst corporate offenders when it comes to behaviour towards the communities in...

inbrief - news

Banks are still making little or no effort to invest in the UK's social fabric, according to Michael Brophy, chief executive of the Charities Aid Foundation. In the annual...

inbrief - news

A conference on European corporate governance is to be staged by Pensions and Investment Research Consultants (PIRC) on 17 February. The one day event, titled Britain in...

inbrief - news

A conference on Socially Responsible Investment in the Pensions Industry is being held on 25 February in London. Speakers at the one-day conference include Frank Figge,...

Scottish Life goes ethical - news

Scottish Life has launched its first ethical pension fund. The Edinburgh-based company will use positive and negative screening provided by the Ethical Investment Research Service...

huge leap in value of ethical portfolios - news

Investments in ethically screened portfolios have nearly doubled in the United States over the past two years, according to a new report from the Social Investment Forum. The...

executive pay levels add weight to minister's words - news

The UK government has been handed more ammunition in its campaign against high levels of executive pay by a study that shows financial rewards for directors in Britain bear...

Laing & Cruickshank looks to the stars - news

Celebrities and entertainers are to be offered a specially tailored ethical investment package by Laing & Cruickshank. The investment management group is approaching agents and...

Severn Trent prepares to widen its ethical agenda - news

Severn Trent may soon widen the remit of its external environmental advisory panel to cover social and ethical issues. The UK’s second largest water and waste management group is...

pension fund ponders SRI - news

The managers of the UK’s second largest local authority pension fund have appointed consultants to advise on developing a socially responsible investment (SRI) strategy. Glasgow...

inbrief - news

Norfolk County Council is to report to trustees of its pension fund in December on its assessment of bids to run part of the fund according to socially responsible investment...

inbrief - news

The UK's 44 ethical funds have grown in value by £600 million over the past year, according to figures from the Ethical Investment Research Service. EIRIS says the funds were...

why it pays to look on the bright side of life - news

Investment analysts need to start taking more account of how the environmental performance of a listed company can have a positive impact on its financial performance, argues Phil Case...

survey finds ethical funds are less volatile - news

Ethical funds may be less risky than conventional investments, according to a new study by the Ethical Investment Research Service (EIRIS). The EIRIS survey, which tracked the...

car makers will clean up act - news

UK car manufacturers have committed themselves to further investment in cleaner engine technology and to supporting new awareness campaigns on emissions. The pledge is made in a...

banks are slow on responsible lending - news

Too many European banks are slow on the uptake when it comes to devising socially and environmentally responsible lending policies, according to a survey by the social responsibility...

WWF sets out ethics code - news

One of the UK’s most influential NGOs has agreed a new business and industry engagement policy that sets out for the first time which companies it will – and will not...

inbrief - news

The Co-operative Insurance Society (CIS) has appointed Pensions and Investment Research Consultants to provide corporate governance advice on its investments in FTSE All-Share...

inbrief - news

Michael Brophy, chief executive of the Charities Aid Foundation, will talk about charities and socially responsible investment at the annual lecture of the UK Social Investment...

inbrief - news

NatWest is on target to sell £2 million worth of community bonds by the end of the year, according to Andrew Robinson, head of the bank's community enterprise unit. Interest...

Dow Jones measures whether good companies do well - news

The decision by Dow Jones and SAM Sustainability Group to create a global index which tracks the share price of ‘sustainability companies’ is an important one. It means the world’s...

disclosure regulation spurs on researchers - news

UK organizations researching companies' ethical performance are developing new products and services in the expectation that the pension disclosure regulation will increase demand for...

Friends Provident has new fund up its sleeve - news

Friends Provident is to launch a new ethical fund early next year. A spokesman declined to specify what kind of investment vehicle will be created, but the mutual life...

Prudential occupies middle ground - news

Prudential is to launch a ‘middle ground’ ethical fund in its pension range within the next couple of months. The UK’s largest life insurer says the Light Green Fund will be...

investors still hard to convince on sustainability - news

Mainstream institutional investors remain largely unconvinced that sustainability is beneficial to business, according to a new report. The study, from the...

Co-operative Bank sets out bold agenda on corporate behaviour - news

The Co-operative Bank has outlined ambitious new plans to become a world leader in corporate responsibility by measuring its indirect impact on society rather than just its...

ethical VCT is first into the UK market - news

The UK’s first ‘ethical’ venture capital trust (VCT) is being launched in early October. The Pennine Downing Ethical VCT will invest up to £10 million, primarily in a mix of...

new index pushes sustainability - news

Multinationals have been given a further incentive to adopt sustainability policies with the unveiling of the first global index that tracks their ethical performance....

inbrief - news

A new book on ethical investment has been published by Bloomberg Press. Investing with your Values, by Hal Brill, price £17.95, mainly covers investment in the US.

inbrief - news

There are now 20 ethical individual savings accounts (ISA) on the UK market, according to an analysis by Kendal-based independent financial advisers Ethical Investment Services.

inbrief - news

A new European club designed to encourage sustainable business will meet for the first time on 25 November in the Netherlands. The Investors Circle aims 'to encourage exciting...

inbrief - news

Royal assent has been given for the partial privatisation of the Commonwealth Development Corporation (CDC), which was set up in 1948 to invest in developing countries. The...

directors’ duties and the company law review - news

The best way of ensuring that directors’ decisions take stakeholder interests fully into account is to introduce legal minimum standards for social and environmental reporting, argues...

measuring social performance by what the general public thinks - news

Two broad themes emerge from this month’s issue. The first is how best to measure the environmental, social and ethical performance of a company. The second is the difficulty of convincing...

BiC draws up some fresher principles - news

Business in the Community (BiC) has updated its Principles of Corporate Community Investment. The BiC principles were launched in 1997 but have been reworked in conjunction with...

consumers are still the toughest nut to crack - news

Employees are far more appreciative of their company’s community efforts than consumers, according to a new study. Research by corporate reputation specialist Chris Genasi,...

new indicators will assess strategies for engagement with companies - news

New indicators to assess how successful fund managers are at persuading companies to improve their social and environmental performance are being developed by the Ethical Investment...

Premier Oil to ponder human rights agenda - news

Premier Oil intends to improve its ethical performance by launching a set of guiding principles this winter and a social audit in 2000. The UK-based oil exploration and production...

ethical policies are thin on the ground - news

Less than one in 10 of the UK’s largest companies have an ethical policy, according to new research. A survey of 98 of the FTSE 100 companies has shown that only eight have...

MPs issue warning to UK business - news

A cross-party UK parliamentary committee has warned businesses they have a duty to use their influence in developing countries to promote social development. In a...

inbrief - news

A new guide to the ins and outs of ethical investment has been published by Pearson Education. The Ethical Investor – Making Gains with Values is written by the finance...

inbrief - news

A new survey by the UK's Ecology Building Society has found that almost three quarters of its members believe all financial institutions should offer an ethical investment option...

inbrief - news

The Foreign Office has said it will publish this autumn its manual advising UK companies on how to invest ethically overseas . The manual, which is being written by the...

inbrief - news

Friends of the Earth is to launch an autumn campaign to persuade city institutions to take greater account of corporate social responsibility. FoE policy and campaigns...

what the pensions disclosure regulation means for companies - news

The UK government’s new disclosure regulation requiring occupational pension schemes to declare their policy on ethical investment will affect companies in two ways. First,...

groundswell of opinion favours pension ethics - news

As pension fund trustees prepare to make public their stances on ethical investment, a new opinion poll has shown that the general public, at least, is ready and willing for them to...

stakeholders supported - news

Test is mounting on the UK government’s steering group on company law to recommend legislation that would require businesses to disclose information on their ethical performance....

Nottinghamshire council takes the ethical route with Henderson - news

Henderson Investors has won the investment mandate for a £150 million ethical fund for the UK’s Nottinghamshire County Council. The fund will initially work with £50...

new pensions regulation boosts ethical investors - news

P ensions experts are predicting a surge in ethical investment and corporate responsibility measures in the wake of a new government regulation that will require pension...

combined code makes progress - news

Most UK companies have responded positively to the Stock Exchange’s Combined Code on corporate governance in its first year, according to new research. A study by Pensions and...

Triodos tries matchmaking - news

A new introductory service has been launched to link UK social and environmental businesses which lack capital, with interested investors. The matching service, created by the UK arm...

new ethical fund writes to excluded companies - news

Legal & General, one of the UK’s largest life assurance and pensions groups, has written to more than 80 of the largest FTSE companies to tell them why they have been...

Taylor Woodrow under fire - news

UK construction company Taylor Woodrow has been criticised for the quality of environmental information in its latest annual report. Analysts from PIRC (Pensions and Investment...

sustainability fund will back innovators - news

Five of Europe’s largest insurers are to launch a $100 million venture capital fund that will invest in companies promoting sustainability. The Sustainability Fund, which will...

inbrief - news

Norwich Union has launched its first ethical fund. The Ethical UK Equity Fund will invest in FTSE All-Share Index companies that have been screened on positive and negative...

inbrief - news

A proposed new framework for the Financial Services Authority has missed the opportunity to integrate sustainable development into the way Britain's financial services...

inbrief - news

An international conference on socially responsible investment is to be held in the Netherlands on 8 October. The Rotterdam School of Management event will feature sessions on...

inbrief - news

The UK Social Investment Forum has challenged claims by the National Association of Pension Funds that the government's planned regulation requiring pension fund trustees to...

Bank of Scotland’s experience holds lessons for all companies - news

The collapse of the joint venture between Bank of Scotland and Pat Robertson, the US TV evangelist, clearly illustrates the dangers of appraising a new business venture on financial...

Comment - news

Measuring the financial performance of the rapidly growing number of ethical funds against benchmarks appropriate to their investment sector will soon become a practical reality,...

FoE joins NPI in pension project - news

Friends of the Earth UK is to launch a group personal pension scheme with the NPI Global Care Pension Fund. The deal, arranged through independent financial advisers Holden Meehan,...

BP aims to raise awareness - news

BP Amoco is to begin a major awareness raising campaign among staff in a bid to improve performance on its social policy commitments. The campaign is one of a number of new...

banks to get rights code - news

The Amnesty International UK Business Group is to begin work on producing a set of human rights guidelines for financial institutions. Amnesty’s Business Group spokesman Stuart...

Aberdeen plumps for new pension fund idea - news

A new ethical investment model is to be pioneered by Friends Ivory & Sime (FIS) on a £20 million pension fund portfolio for Aberdeen City Council. Fund managers at FIS, which was...

Abbey gets ethical habit - news

A new statement of ethical principles from Abbey National has promised to increase the company’s contact with local communities. The statement, issued to all employees, says...

pollution log could be screening tool - news

A new pollution inventory from the Environment Agency is being touted as an ideal information tool for investment screening. The inventory contains information on annual returns...

ethics plan for bank - news

Proposals for the creation of a stakeholder committee to monitor the Bank of Scotland’s ethical performance have been put forward in the wake of its decision to drop links with the US...

sustainability ‘raises share price’ - news

Sustainability strategies can boost the stock market value of companies by up to 15 per cent, according to the results of a two-year study by seven international companies....

inbrief - news

A new service for pension fund managers and trustees has been launched by the London-based Ethical Investment Research Service. The Pension Fund Manager Service provides...

inbrief - news

Banking union BIFU is urging bank employees to write to their pension funds asking them to adopt ethical investment criteria. The union has linked up with a War on Want...

inbrief - news

The Church of England has insisted that its investment policy has not changed, despite a decision to sell £31 million worth of shares in GEC. The church's ethical investment...

inbrief - news

A new website offering information on ethical investment has been set up by the UK Social Investment Forum. The site, at www.uksif.org , also covers social banking and...

inbrief - news

France has been chosen as the venue for the first European Forum on Social Investment. The forum, which will be held from 3-4 June in Roubaix, is being run by the...

looking to the future - news

In June the Company Law Review steering group begins the next stage of its deliberations on how the balance of power between shareholders and stakeholders should be changed....

first quarter brings relief - news

John Fleetwood of Ethical Investment Services reviews the financial performance of ethical unit trusts in the first quarter of 1999 Smaller companies in the UK have seen a marked...

inbrief - news

Murray Johnstone, the UK fund manager, has launched an open ended investment company to invest in global shares using socially responsible criteria (see also EP May 1999)....

inbrief - news

Commercial Union's CU Environmental Trust has been wound up and re-started without an environmental investment policy. 'We got to the position where one shareholder with a...

inbrief - news

The World Bank has appointed Anne Simpson to develop its corporate governance strategy for the third world. Simpson, currently joint managing director of Pensions and...

Abbey returns to first principles - news

Abbey National, the UK’s fifth largest bank, is to send every employee a statement of principles and a guide to whistleblowing. The bank will mail the new documents to staff within...

investor views are sought on Kingfisher - news

Investors in Henderson’s Ethical Fund have been asked to give their views on plans to add the Kingfisher group to its list of approved companies. The fund says it will be consulting...

Welcome - news

Welcome to the latest issue of Ethical Performance, Europe’s only independent newsletter to cover what companies are doing now to improve and manage their ethical performance, and...

social reporting gathers pace - news

Most of the UK’s leading listed companies are now issuing social reports in some form, according to new research. A survey of 98 of the FTSE 100 companies has shown the...

inbrief - news

More research into the impact of ethical investment policies on the financial performance of pension funds is likely to be carried out within the next 12 months by the WM...

inbrief - news

Kirklees metropolitan council in the North of England has put its weight behind moves to push local authority pension funds towards ethical investment. It is backing the recently...

inbrief - news

Cynog Dafis, Plaid Cymru MP and Gareth Thomas MP have been elected as new vice chairs of the UK All Party Parliamentary Group on Socially Responsible Investment.

editorial comment - news

Welcome to Ethical Performance, Europe’s only independent newsletter to cover what companies are doing now to improve and manage their ethical performance, and also investing...

guest column: comment - news

Lee Coates, director of Ethical Investors Group, reviews the financial performance of ethical unit trusts in the last 12 months Applying ethical and ecological...

companies covet a place in NPI’s index - news

NPI Asset Management says it is being approached by growing numbers of top-ranking companies wanting to be included in its social index. The NPI Social Index tracks the performance...

NatWest thinks small - news

NatWest is to step up its community banking commitment by offering credit unions redundant high street branches as premises. Discussions are already underway with a credit union in...

more pressure on church funds - news

The Church Commissioners are to be urged to take a more proactive line on ethical investment. A soon-to-be-published report from the Christian Ethical Investment Group will tell...

CDC for sale next century - news

Partial privatisation of the Commonwealth Development Corporation is at least two years away, according to officials. The CDC was set up as a statutory corporation in 1948 to invest...

Timms backs disclosure - news

UK pensions minister Stephen Timms has said he will look again at the proposed wording of the government’s draft regulations on the disclosure of ethical investment policies....

Foreign Office guide will stick to the ethical basics - news

The man responsible for drawing up a new Foreign Office manual to help companies invest ethically overseas has said the guide will take a tough stance on child labour, the...

four institutions launch new ethical funds - news

Some of the UK’s best known financial service providers are poised to launch new ethical funds later this year. Three new funds – from Legal General, Norwich Union and...

coal fund opts for green audit - news

The UK’s second largest pension fund is to carry out an environmental assessment of its £20 billion investments in a bid to improve its financial performance. Trustees of the...

Global Sustainable Investment Centre - companies

NN Investment Partners - companies

Blackrock Investment Management - companies

Schroeders Investment Management - companies

Legal and General Investments - companies

Hermes Investments Management - companies

Chartered Institute of Securities and Investments - companies

Legal and General Investment Management - companies

Rathbone Greenbank Investments - companies

Alquity Asset Investment - companies

Union Investment - companies

Japan Social Investment Forum. - companies

the European Sustainable Investment Forum - companies

Ecclesiastical Investment Management Limited - companies

Triodos Investment Management - companies

Schroder Investment Management UK - companies

Standard Life Investments - companies

Nesta Impact Investments - companies

Impact Investment - companies

Pension & Investment Consultants - companies

Leapfrog Investments - companies

Social Investment Organisation - companies

Australian Securities and Investments Commission - companies

UK Trade and Investment - companies

Tecom Investments - companies

Saudi Arabian General Investment Authority - companies

China Investment Corp - companies

Generation Investment Management - companies

Martin Currie Investment Management - companies

Limestone Investment Management - companies

Sustainable Investment Research Analyst Network - companies

The Social Investment Consultancy - companies

UK Financial Investments - companies

Mirabile Investment Corporation - companies

UK Investment Management Association - companies

Norges Bank Investment Management - companies

Avenir Global Investment Managers - companies

Railpen Investments - companies

Qatar Investment Authority - companies

Responsible Investment Academy - companies

First Eastern Investment Group - companies

European Social Investment Forum - companies

UK Social Investment Forum - companies

Ethical Investment Advisory Group - companies

Social Investment Wholesale Bank - companies

Ecclesiastical Investment Management - companies

Community Investment Tax Relief - companies

Krom River Investment Management - companies

Osmosis Investment - companies

Swedish Social Investment Forum - companies

GES Investment Services - companies

Sutterlüty Investment Management - companies

Natural Investments - companies

International Interfaith Investment Group - companies

Responsible Investment Association Australasia - companies

Association for Sustainable & Responsible Investment in Asia - companies

Canadian Social Investment Organization - companies

CCLA Investment Management - companies

British Columbia Investment Management - companies

Harrington Investments - companies

Northwest & Ethical Investments - companies

European Investment Bank - companies

Principles for Responsible Investment - companies

Christian Brothers Investment Services - companies

Global Impact Investment Rating System - companies

US Forum for Sustainable & Responsible Investment - companies

Threadneedle Investments - companies

Ethical Investment Research Service - companies

Pensions & Investment Research Consultants - companies

Sustainable Investments Institute - companies

Africa Investment Today - companies

European Sustainable Investment Forum - companies

UK Sustainable Investment & Finance Association - companies

Social Investment Forum - companies

Chartered Institute for Securities & Investment - companies

Public Investment Corporation - companies

UK Green Investment Bank - companies

Ethical Investment Research Service - companies

Ethical Investment Association - companies

Christian Brothers Investment Services - companies

Social Return on Investment (SROI) Network - companies

Sakhalin Energy Investment Company - companies

Rothschild HDF Investment Solutions - companies

First State Investments - companies

Domini Social Investments - companies

Newton Investment Management - companies

Principles for Responsible Investment - companies

Ethical Investment Research Service - companies

UK Green Investment Bank - companies

Association for Responsible Investment Services - companies

Norges Bank Investment Management - companies

Association for Sustainable & Responsible Investment in Asia - companies

European Sustainable Investment Forum - companies

UK Sustainable Investment & Finance Association - companies

Social Investment Business - companies

Calvert Investments - companies

Norges Bank Investment Management - companies

Insight Investment - companies

Eurosif (European Sustainable Investment Forum) - directory

oekom research AG - directory

Since 1993 oekom research has been providing support for customers on developing investment strategies that combine sustainability with sound and secure returns. Our research includes:...

Association for Responsible Investment Services (ARISE) - directory

Ideal Worldsmiths - directory

Ideal Worldsmiths offer services right around the word for organisations that put sustainability at the heart of their brand. We specialise in consultancy, writing and editing of CSR and...

Responsible Investment Academy - directory

Hallvarsson & Halvarsson - directory

Hallvarsson & Halvarsson’s expertise lies within communications and investor relations. With good credentials in sustainability, this makes us a leading partner in developing and...

Fifth Capital - directory

Fifth Capital is established as a Think Tank & Leadership Counsel addressing wealth creation, its governance and sustainability. Fifth Capital integrates thought leadership in Decision...

RINA SERVICES S.p.A - directory

RINA SERVICES S.p.A. is the RINA company that delivers services of classification, certification, testing and inspection (TIC Services) to guarantee excellence to organisations in the...

Centre for Sustainability and Excellence - directory

CSE is a  leading strategic advisory and training organization, offering integrated sustainability consulting services in Europe, the Middle East, North America, and Asia. CSE...

OneReport® - directory

OneReport®, a unique online platform, simplifies corporate responsibility (CR) query and response management, reporting and publishing. OneReport integrates the metrics sought by corporate...

Three Hands Ltd - directory

At Three Hands we believe in creating business value and social value hand in hand.  We work with business to develop their people, partnership and products in ways that benefit society....

Newground Social Investment SPC - directory

CBRE Releases Tenth Annual Corporate Responsibility Report - reports

CBRE, the world’s largest commercial real estate services and investment firm, has released its tenth annual Corporate Responsibility Report. The 2016 report – themed “Building...

Cargill boosts positive impact for customers and communities - reports

Building on strong earnings in fiscal 2017, Cargill is working to continue growing its business and corporate responsibility impact. The company’s 2017 annual report, launched today,...

Singtel Group publishes its third Group Sustainability Report 2017 - reports

The  Singtel Group Sustainability Report 2017  is the company’s third Group report which covers the sustainability strategies, initiatives and performance in relation to...

Doing Better Together: EDC releases its Corporate Social Responsibility Annual Report for 2016 - reports

Export Development Canada  is Canada’s export credit agency. Their job is to support and develop Canada’s export trade by helping Canadian companies respond to international...

Done and Said: Gas Natural Fenosa publishes its corporate responsibility report - reports

Gas Natural Fenosa is a leading multinational group in the energy sector and a pioneer in gas and electricity integration, with a balanced business mix, which supplies gas and electricity to...

CA Technologies Releases Latest Sustainability Report - reports

CA Technologies (NASDAQ:CA) announced its commitment to reduce absolute greenhouse gas (GHG) emissions by 40% by 2030, from a 2015 baseline, in its 8th annual Sustainability Report . The report...

Edmond de Rothschild Group Publishes Its 2016 Sustainability Report - reports

The  Edmond de Rothschild Group’s  third  Sustainability report , for reporting year 2016, gives a complete overview of its performance and progress versus its 2020...

UPS Commits to More Alternative Vehicles, Fuel and Renewable Power - reports

UPS’s 15th annual Sustainability Report provides a complete update on the company’s sustainability efforts, including a new goal to reduce absolute greenhouse gas (GHG) emissions...

Canary Wharf Group focuses on the future for long term improvements - reports

Canary Wharf Group’s latest Sustainability Report gives a snapshot of its activity and commitments in five key areas: making great places; pioneering innovation; promoting inclusive...

Danish energy company reduces emissions faster than science demands - reports

DONG Energy announces that its target to reduce greenhouse gas emissions 96% by 2023 is now officially approved by the Science Based Target initiative as aligned with climate science. The target...

Amgen launches 2016 Responsibility Highlights Report - reports

Our mission to serve patients is at the heart of everything we do at Amgen. Our positive contribution to the world also extends beyond making vital medicines. Each year, Amgen dedicates...

Landsec publishes 2017 Sustainability Report - reports

Landsec’s purpose is to provide the right space for its customers and communities – helping businesses to succeed, the economy to grow and people to thrive.

CapitaLand Limited publishes integrated Global Sustainability Report 2016 - reports

CapitaLand released its eighth Global Sustainability Report entitled “Building Sustainable Real Estate of the Future”. The report reaffirms CapitaLand’s commitment to...

AEP Releases 2017 Corporate Accountability Report - reports

American Electric Power (NYSE: AEP) issued its 2017 Corporate Accountability Report today, the 11th annual assessment of AEP’s stewardship as a public company and a community partner.

Fibria 2016 Report: A new horizon for all - reports

Fibria is a Brazilian forestry-based company, a world leader in the production of eucalyptus pulp. The company operates in 257 Brazilian municipalities and exports to 38 countries.

ArcelorMittal publishes its 2016 United States Integrated Report - reports

ArcelorMittal USA is proud to announce the publication of its annual 2016 United States Integrated Report. Since 2009, ArcelorMittal has reported on its corporate responsibility and...

ING’s 2016 Integrated Annual Report highlights financial and non-financial progress - reports

ING’s 2016 Integrated Annual Report is built on the theme “Accelerate”, reflecting the accelerating pace of change in technology and other areas impacting customers' lives...

It’s Your Business - reports

John Lewis Partnership has launched an online Corporate Responsibility report and Human Rights and Modern Slavery report to complement its 2017 Annual Report and Accounts.

Teck Reports 2016 Sustainability Performance - reports

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”), has released its 16th annual Sustainability Report, covering the company’s performance in 2016 and progress...

BAE Systems publishes 2016 Annual Report and CR Summary - reports

At BAE Systems we are proud not just of what we do, but how we do it – from developing innovative products and services and investing in our people and future workforce, to giving our...

Bloomberg Publishes 2016 Impact Report - reports

Bloomberg published its eighth Impact Report, which highlights the integration of sustainability into our products, communities and operations, as well as the progress we’ve made towards...

Walmart Highlights Progress in Creating Shared Value in Tenth Annual Global Responsibility Report - reports

Walmart today released its tenth annual Global Responsibility Report, which looks back at the company’s progress during fiscal year 2017 in advancing the key areas of opportunity,...

Citi Releases 2016 Global Citizenship Report - reports

Citi today released its  2016 Global Citizenship Report , highlighting efforts made in the last year to responsibly provide financial services that enable growth and progress. The report is...

Shell Releases Sustainability Report 2016 - reports

Each year, Shell releases the  Shell Sustainability Report  describing Shell’s progress to deliver energy in a responsible way and the company’s contribution to the energy...

General Mills Reports Progress on Global Responsibility Commitments and Programs - reports

General Mills released its 2017 Global Responsibility Report, outlining the company’s approach to creating environmental, social and economic value in the countries where it operates.

Scotiabank showcases progress on CSR strategy: Better Future, Better Off - reports

Scotiabank published its  2016 Corporate Social Responsibility report, Investing in Progress , as well as a  new CSR website  today. In this report Scotiabank...

Thinking globally, acting locally - reports

Mondi, the international packaging and paper Group, today released its 2016 reporting suite including its full online Sustainable development report, its  Global Thinking, Local Action...

Responsible Business Trends 2017 - Complimentary Snapshot Report - reports

As part of Ethical Corporation’s annual Responsible Business Trends 2017 Report we reached out approximately 2,500 global business executives to get an understanding of the top...

GSK publishes Annual Report and Responsible Business Supplement 2016 - reports

By being commercially successful and operating responsibly, we will improve people’s health and benefit society, as well as create value for shareholders.

Pfizer Launches 2016 Annual Review Highlighting Commitment to UN SDGs - reports

Today, Pfizer launched its 2016 Annual Review, which provides an in-depth look at all of the ways Pfizer is accelerating patient impact and fulfilling its purpose: to make innovative medicines...

Walgreens Boots Alliance Publishes Corporate Social Responsibility Report 2016 - reports

Walgreens Boots Alliance, Inc. today released its annual  Corporate Social Responsibility (CSR) Report for fiscal 2016 , highlighting the company’s ongoing support for people in its...

Barclays shares first year results of Shared Growth Ambition - reports

Today, Barclays published its annual Citizenship performance in the  Barclays PLC Annual Report 2016 . 

ANZ shaping a world where people and communities thrive - reports

ANZ has released its 2016 Corporate Sustainability Review, which reports on how it is tackling its most material sustainability issues.

Cisco’s 2016 CSR Report Highlights Ambitious Long-Term Goals to Positively Impact People, Society and the Planet - reports

Today, Cisco released its 2016 Corporate Social Responsibility (CSR) Report , which highlights Cisco’s progress delivering on the company’s CSR mission  to accelerate...

IKEA Group reports strong sustainability progress during critical year for climate action - reports

The IKEA Group Sustainability Report for fiscal year (FY) 2016 shows strong progress towards its People & Planet Positive strategy and continued long-term investments in sustainability. A...

CSL Publishes 2015-2016 Corporate Responsibility Report - reports

Starting a century ago, CSL was driven by its promise to save lives and protect the health of people. In 2016, CSL continues to deliver on that promise through its corporate responsibility...

Edelman Launches FY16 Citizenship Report - reports

Firm Focuses on Creating Meaningful Stories through Citizenship Edelman launched today its sixth Citizenship Report, “The Stories We Love to Tell.” The report highlights the...

Legg Mason, Inc. Issues 2016 Corporate Social Responsibility Report - reports

Legg Mason and its Affiliates Boast 29 Years of Bringing ESG Strategies to Clients, Furthering Mission of “Investing to Improve Lives” In our 100+ years of investing, Legg Mason...

2015 Provident Financial Group corporate responsibility report published - reports

Provident Financial Group, one of the UK’s leading suppliers of responsible personal credit products to the non-standard lending market, has published its 2015 Corporate Responsibility...

Everything’s Connected: Mirvac’s 2016 Sustainability Report - reports

At Mirvac, sustainability is integral to creating customer and shareholder value. This year’s sustainability report, “Everything’s Connected”, showcases how integrating...

Stockland 2016 Annual Review & Sustainability Reporting - reports

Stockland is proud to announce the launch of its online Sustainability Reporting for the year ended 30 June 2016, supporting the 2016 Annual Review.

Canary Wharf Group Reports 8.5% Reduction in Emissions Over Last 3 Years - reports

Canary Wharf Group’s latest Sustainability Report gives a snapshot of its activity and commitments in four key areas: Making Great Places; Pioneering Innovation; Promoting Inclusive...

NBAD publishes its 2015 Corporate Sustainability Report titled ‘Being a Good Corporate Citizen’ - reports

NBAD has released its 2015 Corporate Sustainability Report. The report titled ‘Being a Good Corporate Citizen’ covers NBAD’s progress during the 2015 calendar year.

NEC Releases Annual Report on Corporate Social Responsibility - reports

NEC Corporation announced today the release of its annual report on corporate social responsibility (CSR) during the fiscal year ended March 31, 2016. NEC has announced its CSR activities aiming...

Commonwealth Bank of Australia Publishes Corporate Responsibility Report 2016 - reports

Commonwealth Bank of Australia this week issued its Corporate Responsibility Report 2016, which provides an overview of the long-term value created for its stakeholders during the 2016 financial...

Telstra Releases Bigger Picture 2016 Sustainability Report - reports

Telstra has released its Bigger Picture 2016 Sustainability Report, detailing the company’s progress in embedding its three strategic sustainability priorities – Everyone Connected,...

Orange publishes its first integrated annual report - reports

Orange has chosen to issue an “Integrated Annual Report” for the first time, which invites shareholders but also any stakeholder to consider the CSR aspect of its strategy. It aims...

UPS Drives 1 Billion Cleaner Miles, Achieves Goal One Year Early - reports

UPS’s 14th annual Sustainability Report provides a comprehensive update on the company’s sustainability efforts, including an announcement that the company has achieved its goal of...

CA Technologies Achieves Ambitious Carbon Reduction Goal Four Years Ahead of Schedule - reports

CA Technologies latest   Sustainability Report   marks a continued evolution of corporate social impact, from environmental stewardship to broader societal change. The report...

Kimberly-Clark Corporation Unveils New Sustainability Strategy and Goals - reports

Kimberly-Clark Corporation recently published its annual report on sustainability, providing a comprehensive update on the company's efforts and introducing new sustainability priorities...

WPP publishes its Sustainability Report 2015 - reports

The latest Sustainability Report from communications group WPP shows the business making progress on sustainability issues with its clients and in its own operations.

Edmond de Rothschild Group Publishes Its 2015 Sustainability Report - reports

The Edmond de Rothschild Group  has set out its 2020 sustainability objectives and made them public in its second Sustainability Report.

Marathon Oil Corporation Releases 2015 Living Our Values Corporate Sustainability Report - reports

Marathon Oil Corporation (NYSE: MRO) today published its 2015 Living Our Values Corporate Sustainability Report. The report is available in a digital format, with the capability to create...

3M’s 2016 Sustainability Report - reports

Every day, 3M innovation aims to tackle some of the world’s most pressing areas of concern. The 2016 Sustainability Report outlines 3M’s progress and commitments toward improving...

Royal Mail Group publishes its 2015-16 Corporate Responsibility Report - reports

Royal Mail is the designated provider of the Universal Service in the UK, connecting millions of customers, businesses, organisations and communities – including those in the most remote...

CapitaLand Limited Publishes Integrated Global Sustainability Report 2015 - reports

CapitaLand reaffirms its commitment to sustainability with the publication of its seventh Global Sustainability Report. CapitaLand’s sustainability strategy is encapsulated in its...

State Street’s Corporate Responsibility Report Highlights Commitments to Strengthening Local Communities, Protecting the Environment and Promoting Responsible Investing - reports

State Street’s 2015 Corporate Responsibility Report highlights how corporate responsibility is infused across our strategy. By investing with impact, protecting the environment and making...

Encouraging tomorrow – Allianz’ Sustainability Report 2015 - reports

“How can we ensure safety and progress in the midst of a transformation characterized by geopolitical tensions, our ageing societies, climate change, and digitalization? We can only do it...

ArcelorMittal Publishes Its First Annual 2015 United States Integrated Report - reports

ArcelorMittal is proud to announce the publication of its first annual 2015 United States Integrated Report. Since 2009, ArcelorMittal has reported its corporate responsibility (CR) and...

TD Bank Group Releases 2015 Corporate Responsibility Report - reports

This week TD released its 2015 Corporate Responsibility Report, Adapting to be the bank you need, showcasing the bank's commitment to serving the changing needs of its customers, employees,...

Vivendi Integrated Report Now Available: Focus on Value Creation and Human Rights - reports

For the third consecutive year, Vivendi has dedicated a section of its Annual Report to a summary report highlighting the company’s achievements in creating long-term value for all of its...

AEP Releases 2016 Corporate Accountability Report - reports

American Electric Power (NYSE: AEP) has released its 2016 Corporate Accountability Report, an overview of the company’s strategy, governance and financial performance.

Improving Business Impacts: New Research - reports

‘Impact for Change’ is a programme of work by Corporate Citizenship which helps companies around the world to measure, improve and effectively communicate their impacts on society.

Investors Care More About Sustainability Than Many Executives Believe - reports

Sustainability is increasingly important for investors, as evidence mounts that companies' environmental, social, and governance performance has an impact on long-term financial success.

RBS Launches Sustainability Report 2015 How We Make a Difference - reports

“We’re building a bank where long term success will be determined by doing a great job for customers. By being strong, simple and fair, we will earn their trust, and live up to our...

GM Strengthens Business, Communities Through Mobility - reports

Sustainability Report outlines company’s efforts and results The rules of vehicle use and ownership are changing rapidly, according to GM’s latest Sustainability Report...

Teck Reports 2015 Sustainability Performance - reports

Teck Resources Limited ("Teck”) has released its 15th annual Sustainability Report, covering the company’s performance in 2015 and progress towards its short- and long-term...

Making Sustainability the Everyday Standard at UBS - reports

" UBS and Society is an integral part of our responsibilities towards all stakeholders. Across all client segments we see a growing interest in sustainable investing. I firmly believe our...

"It's Your Business" - John Lewis Partnership Launches 2016 Annual Report and Accounts - reports

John Lewis Partnership has launched its 2016 Annual Report and Accounts including a sustainability performance review, accompanied by a more detailed online sustainability report.

Fibria 2015 Report: From the Forest to Consumers - reports

Fibria, a Brazilian forest company and the world´s leading eucalyptus pulp producer, publishes its 2015 Annual Report with the theme “From the forest to consumers” describing...

Shell Announces Publication of Sustainability Report for 2015 - reports

Shell is pleased to announce the publication of the Shell Sustainability Report for 2015. It describes Shell’s progress during 2015 to deliver energy in a responsible way and our...

Partnering with you to do good things Old Mutual publishes Positive Futures Plan - reports

Old Mutual’s purpose is to help its customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways which create a positive future for...

Inter-American Development Bank Publishes Sustainability Report 2015 - reports

IDB Invests $3.8 billion in Environmental Sustainability and Climate Change projects

BAE Systems Publishes 2015 Annual Report and CR Summary - reports

BAE Systems attaches great importance to the way it does business, as well as the financial results it achieves. The company continues to build on its position as one of the world’s...

Ethical Corporation’s 7th Responsible Business Awards are Back! - reports

Ethical Corporation launches its 7th annual Responsible Business Awards today with the entry deadline on the 6th July 2016.

Accenture Releases 2015 Corporate Citizenship Report; Skills to Succeed Initiative Equips More than 1.2 Million People with Job Skills - reports

Accenture has released its 2015 Corporate Citizenship Report, “Making a Measureable Difference,” which explores the company’s progress, performance and goals across its global...

NN Group's 2015 Annual Report: Accelerating Change - reports

The 2015 Annual Report provides an integrated review of the performance of NN Group. It consists of three distinct sections – Annual Review, Financial Report and Sustainability Supplement...

CLP Group Publishes 2015 Sustainability Report - reports

CLP is committed to working closely with local governments and communities to facilitate an orderly transition to a low carbon economy.   CLP’s Sustainability Report covers the...

Barclays concludes four year Citizenship Plan - reports

Barclays has published its annual Citizenship performance in the Barclays PLC Annual Report 2015. Fully integrated with Barclays’ Balanced Scorecard, the Citizenship Plan included 11...

Maersk Group Sustainability Report 2015 Released - reports

Activities in 2015 resulted in continued progress towards unlocking growth for the Maersk Group and for society as well as integrating sustainability in our operations, mitigating risks and...

Jaguar Land Rover Reports on Progress Towards 2020 Responsible Business Goals - reports

In 2009 Jaguar Land Rover set out its Responsible Business strategy and targets to 2020 and has made great progress to date, winning recognition both within and outside the automotive industry....

Walgreens Boots Alliance Publishes First Corporate Social Responsibility (CSR) Report - reports

Walgreens Boots Alliance has published its first Corporate Social Responsibility (CSR) report online to showcase the many ways its Company and businesses are supporting the community,...

IKEA Group Reports Strong Sustainability Progress - reports

The IKEA Group Sustainability Report for fiscal year (FY) 2015 shows progress towards its People & Planet Positive sustainability strategy including commitments to tackling climate change.

CSL Publishes 2014-2015 Corporate Responsibility Report - reports

Key achievements and challenges across CSL’s six corporate responsibility priority areas for the period 1 July 2014 and 30 June 2015 include:

Stories of Change-Mirvac's 2015 Sustainability Report - reports

Stories of Change - Mirvac's 2015 Sustainability Report Stories change us, stories are changing our world, read how stories are changing Mirvac and then create your own story....

ACWA Power - Sustainability and Corporate Responsibility Report - reports

ACWA Power has published a standalone Sustainability Report covering its management and performance during 2014 which accompanies this Report as Volume 2. The Sustainability Report complies with...

Westpac Group Reports 2015 Sustainability Performance - reports

The 2015 financial year marked the mid-point of Westpac Group’s five-year Sustainability Strategy.   This strategy recognises that for Westpac Group to prosper over the long term,...

CBRE Publishes Eighth Annual Corporate Responsibility Report - reports

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of...

BHP Billiton publishes 2015 Sustainability Report - Taking the long view - reports

BHP Billiton, a leading diversified resources company, has published its 2015 Sustainability Report.

UPS accelerates progress towards sustainability goals - reports

UPS® has published its 13th annual Sustainability Report.  This latest report highlights UPS’s continued investment in alternative fuel and advanced technology vehicles and a...

Edmond de Rothschild Group publishes First Sustainability Report - reports

The Edmond de Rothschild Group has set out its strategic sustainability ambitions for the first time at Group level.

Interface EMEA Pioneers Biobased Materials for Carpet Tiles - reports

Global modular flooring manufacturer, Interface, has developed the first ever biobased backing for carpet tiles that has now passed all European performance and quality tests, including low VOCs...

CANARY WHARF GROUP PUBLISHES ANNUAL SUSTAINABILITY REPORT - reports

“Understanding our contribution to our local and national economies, building positive relationships with our community and protecting the environments we impact, at developments or via...

Citi Releases 2014 Corporate Citizenship Report - reports

Citi's 2014 Global Citizenship Report highlights efforts to enable economic progress in communities around the world.

Teck releases 2014 Sustainability Report - reports

Teck Resources Limited ("Teck”) today announced the release of its 2014 Sustainability Report – covering its performance and progress towards its sustainability goals.

EDF Energy publishes Better Energy Ambitions 2014 report - reports

EDF Energy, the UK’s largest producer of low-carbon electricity, has published its 2014 Better Energy Ambitions report detailing its progress towards becoming a more responsible business.

Holcim releases 2014 Corporate Sustainable Development Report - reports

Holcim is one of the world’s leading building materials companies and has a presence on all continents. With its innovative products and services and a commitment to sustainable...

CDL Adopts Integrated Reporting Approach for Sustainability Report 2015: Making Business Sense of its Sustainability Performance - reports

City Developments Limited (CDL) is the first property developer in Singapore to adopt an Integrated Reporting (IR) approach for its latest sustainability report titled “Creating Value for...

How is Gas Natural Fenosa addressing its commitments to stakeholders? - reports

Gas Natural Fenosa’s 2014 results, and the progress it has made in integrating its environmental, social and financial performances, are published today in its Corporate Responsibility...

Hydro-Québec publishes Sustainability Report 2014 - reports

Hydro-Québec’s 13th Sustainability Report draws on the Global Reporting Initiative (GRI) G4 guidelines and Electric Utilities Sector Supplement, based on the “core”...

Ericsson creates positive impact in the Networked Society - reports

Today Ericsson is launching its 22nd annual Sustainability and Corporate Responsibility report. By 2020, 90% of the world’s population will be covered by mobile broadband networks. This...

Royal Dutch Shell plc has released its Sustainability Report for 2014 - reports

Royal Dutch Shell plc has released its Sustainability Report for 2014 at:  www.shell.com/sustainabilityreport

Enabling Positive Futures: Old Mutual publishes 2014 Responsible Business report - reports

The latest Old Mutual Responsible Business Report details the Group’s focus on where it can make the most material impact – financial wellbeing and responsible investment,...

Lloyds Banking Group - Helping Britain Prosper - reports

Click here to access the 2014 Responsible Business Review and 2014/2015 Helping Britain Prosper Plan Update.

CLP Group publishes first GRI G4 “Core” Sustainability Report - reports

CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange, is one of the largest investor-owned power businesses in Asia Pacific.  It operates a vertically-integrated...

Benefiting clients and communities - UBS makes progress on integrating societal and financial performance - reports

For the 14th year in succession UBS has incorporated information on its corporate responsibility and sustainability strategy and performance in its Annual Report. Key information is also...

NN Group publishes first Annual Report as listed company - reports

Insurance and investment management company NN Group has a combined reporting approach and its 2014 Annual Report consists of three distinct sections - Annual Review, Financial Report and...

GSK Publishes Responsible Business Supplement 2014 - reports

GSK is a science-led global healthcare company that researches and develops innovative pharmaceuticals, vaccines and consumer healthcare products.

The Maersk Group publishes its Sustainability Report 2014 - reports

Having launched a new sustainability strategy in 2014, Maersk continues to address sustainability challenges in a way that creates value for society and for its business.

Piraeus Bank Group publishes 2013 Corporate Responsibility Report - reports

Corporate Responsibility remains a strategic investment for Piraeus Bank through which the Bank contributes to the development of the economy and society in every possible way. The Bank’s...

Could you be the next Nestlé CSV prize winner? - reports

Nominations for the 2016 Nestlé Creating Shared Value Prize are now being accepted. The closing date is 28 February 2015.

Stockland launches FY14 Reports - reports

Stockland, Australia’s largest diversified property group, is proud to announce the launch of its online FY14 Sustainability Reporting. This supports the Annual Review 2014, the...

BHP Billiton 2014 Sustainability Report Published - reports

BHP Billiton, a leading diversified resources company, has published its 2014 Sustainability Report – Value through performance.

Diageo moves towards integrated reporting in its 2014 Annual Report - reports

Diageo, the world's leading premium drinks business, announces this week the publication of its 2014 Annual Report , which incorporates for the first time increased disclosure of...

Network Rail releases 2013/14 Sustainability Update - reports

Investment in Britain’s railway is at a level not seen since Victorian times.

Liberty Global Announces Environmental Targets - reports

Liberty Global announces environmental targets as part of the company's commitment to Corporate Responsibility (CR).

Holcim publishes 2013 Corporate Sustainable Development Report - reports

Holcim is one of the world’s leading building materials companies with a presence on all continents.

EDF Energy publishes 2013 Annual Sustainability Report - reports

EDF Energy has today published its 2013 Sustainability Report, which outlines the progress the company has made in meeting a range of ambitions on tackling climate change, powering the country...

Land Securities shares city stories in latest CR Report - reports

As Land Securities moves increasingly towards an integrated approach to its annual reporting, this year’s Corporate Responsibility Report provides a brief update on its strategy, an...

Experian publishes its 2014 CR Report - reports

Global information services company, Experian, publishes its Corporate Responsibility Report alongside its Annual Report and a new publication, ‘About Experian’.

British Land publishes its Corporate Responsibility Report 2014 - reports

British land is the leading UK Real Estate Investment Trust on several key corporate responsibility indices and the company is making good progress on its social and environmental commitments.

BT's Better Future Report 2014 - reports

Using the power of communications to make a better world

Friends Life publishes its 2013 CR Report 'Aligning practice and purpose' - reports

Friends Life is a company with just a three-year history, but a 200 year heritage. Its purpose is to protect customers and their loved ones should they fall ill or die and to make their money...

Singapore's Leading Eco-Developer CDL marks Jubilee Year with Triple Bottom Line Milestones - reports

City Developments Limited (CDL), a Singapore-listed international property and hospitality conglomerate, celebrated its 50th anniversary in 2013. Located in 25 countries, CDL is aware of the...

Legal & General Group's Sustainability Report 2013 - reports

What’s Material? -  Access to Housing, Health and Income in Later Life

Calor publishes 2013 Progress Report - reports

Calor has today published its online 2013 Sustainability Progress Report.

Citi Issues 2013 Global Citizenship Report - reports

New York – Citi released its 14th Global Citizenship Report, an annual overview addressing the company’s social, environmental and governance achievements and challenges.

G4S publishes sixth CSR Report - reports

G4S is the world’s leading global integrated security company, with operations across six continents and over 618,000 employees, G4S is one of the world’s largest private employers.

Old Mutual 2013 Responsible Business Report Published - reports

The latest Old Mutual Responsible Business Report shares the evolution of the Group strategy to include responsible business (RB) and the Company’s progress across the five pillars of the...

Mondi's Sustainable Development Reporting 2013 - reports

Building on last year’s suite of reports, Mondi has continued to develop and evolve its holistic approach to reporting, with three separate but interrelated components...

Full 2013 “Nestlé in Society: Creating Shared Value and meeting our commitments” report published - reports

Nestlé has published its full 2013 report. “Nestlé in Society:  Creating Shared Value and meeting our commitments” has been prepared according to GRI’s...

Standard Chartered Sustainability Review - reports

Standard Chartered launches its 2013 Sustainability Review, highlighting the Bank’s commitment to promoting economic and social development across the markets where it operates in Asia,...

The World’s Biggest Challenges Deserve Even Bigger Solutions - reports

Verizon’s 2013 Annual Report and Corporate Responsibility Supplement shows how the company’s mobile and broadband technologies are providing powerful answers to the big challenges of...

Is the idea of a tobacco company for the 21st century a contradiction? - reports

This question and many more regarding British American Tobacco’s products, activities and the future of its business are addressed in its latest Sustainability Summary Report: ‘Value...

CLP Group has published its 2013 Online Sustainability Report - reports

CLP Holdings Limited, a company listed on the Hong Kong Stock Exchange, is the holding company for the CLP Group, one of the largest investor-owned power businesses in Asia Pacific.

ADVANCED CERTIFIED SUSTAINABILITY (CSR) PRACTITIONER PROGRAM - calendar

Sustainable development: What is and isn’t sustainability The three principles of nature & business Definitions & interpretations of the elements of sustainability Triple...

Better Together – Intu Properties plc publishes 2013 CR Report - reports

Intu Properties plc owns and operates some of the very best shopping centres, in the strongest locations, right across the country including 10 of the UK’s top 25.

ADVANCED CERTIFIED SUSTAINABILITY (CSR) PRACTITIONER TRAINING (IEMA APPROVED) DUBAI - calendar

MODULE 1: Sustainability (CSR) and the Business Case for Adoption Sustainable development: What is and isn’t sustainability The three principles of nature & business...

G&A Invites You: Global ESG Investment Forum: Just Two Weeks Away (Oct 26-27 | London) - calendar

G&A Institute invites you: Hi,     With only 2 weeks away from the Global ESG Investment Forum being held in London on the 26-27th of October 2016, we have included...

Philips publishes 2013 sustainability update, beating green sales target two years ahead of schedule - reports

Philips has published data on its 2013 sustainability activities as part of its integrated annual report, covering its financial, social and environmental performance.

Danske Bank Group publishes its 2013 Corporate Responsibility Report - reports

Danske Bank Group is the largest bank in Denmark and one of the leading financial institutions in northern Europe, with operations in 15 countries

Network Rail publish 2013 Sustainability Update - reports

Network Rail is the owner and operator of Britain's railway infrastructure, which includes the tracks, signals, tunnels, bridges, viaducts, level crossings and stations.

7th Smart Grids & Cleanpower IIOT Conference Expo - calendar

7th Smart Grids & Cleanpower IIOT Cambridge UK 27-28 June 2016 Day 1 Tech Corp Exec Briefing & MasterClass Day & Dinner Evening Day 2 Business Conference & Demo...

Building Sustainable Agri-Supply Chains - Olam's CR&S Report - reports

Building Sustainable Supply Chains - agri-business Olam International's Corporate Responsibility & Sustainability Report

Creating Shared Value, One Day Course - calendar

Course Overview: Creating Shared Value (CSV) compliments CSR, through implementing initiatives that enhance the competitiveness of a company while also advancing the economic and social...

Stockland releases its Annual Review 2013 and online sustainability reporting - reports

Stockland, Australia’s largest diversified property group, is proud to announce the the release of the company’s second integrated report, the Annual Review 2013, providing a...

HRH The Duke of York, KG will visit Estonia to attend Latitude59 - calendar

The Duke of York will give an opening speech and present the Pitch@Palace initiative at Estonia's flagship tech conference Latitude59 to be held on May 31 - June 1, 2016 in Tallinn,...

NEC Corporation marks the publications of its 2013 CSR annual report - reports

NEC Corporation has relaunched its CSR Website, coinciding with the publication of its annual report on corporate social responsibility policies and activities during the year ended 31 March...

Our Shares Values - BHP Billiton's 2013 Sustainability Report - reports

As part of BHP Billiton’s community commitment, they voluntarily invest one per cent of their pre-tax profit, calculated on the average of the previous three years’ pre-tax profit,...

Morningstar Institutional Conference - calendar

We invite you to join us at the  Morningstar Institutional Conference  on 17 th  and 18 th  March at the Hotel Okura in Amsterdam. The conference will explore key...

Business & Climate Summit 2016 - calendar

London, February 16 – The world’s leading business organizations focused on climate action today announced that the 2016  Business & Climate Summit , the annual forum...

WPP publishes its Sustainability Report 2012/13 - reports

WPP, a leading communications services group, is committed to improving its own sustainability performance and to working with its clients on sustainability.

UPS releases its annual 2012 Sustainability Report with the theme 'More of What Matters' - reports

Today, UPS released its annual 2012 Sustainability Report with the theme “More of What Matters.” Environmental achievements included ground and air fuel savings, increased...

NKSJ Holdings publishes its Corporate Responsibility Communication 2012 - reports

NKSJ Holdings publishes its Corporate Responsibility Communication 2012.

NEC Corporation publish their CSR Report 2012 - reports

NEC Corporation publish their CSR Report 2012.

BHP Billiton's 2012 Sustainability Report - reports

BHP Billiton’s first Charter value is ‘Sustainability’. Operating sustainably underpins everything BHP Billiton does. 

Taking integrated reporting to another level - reports

KLP release their 2011 Sustainability Report.

Bentall Kennedy releases CR Report - reports

Bentall Kennedy release CR Report.

Responsible Investment Annual Review 2011/12 - reports

The third Annual Responsible Investment Review from Co-operative Asset Management (TCAM) Released.

OTE & COSMOTE publish their 2012 CR Report - reports

OTE and COSMOTE, the leading fixed and mobile telecommunications services providers in Greece and South Eastern Europe, have published their 2012 Corporate Responsibility (CR) Report on 26 June...

TBLI Conference Nordic 2015 - calendar

This second TBLI CONFERENCE focusing on the NORDIC region will be held in cooperation with Copenhagen Business School. TBLI CONFERENCES offer a wealth of opportunity for networking...

Bank of America Releases 2012 Corporate Social Responsibility Report - reports

Bank of America today released its annual Corporate Social Responsibility (CSR) report to provide an overview of the environmental, social and economic impact of its businesses as well as...

Land Securities Group PLC publishes its CR Report 2013 - reports

Grouped around three main challenges; to deliver better environments, support stronger communities and maintain a sustainable business, the report focuses on those areas that have the most...

Upmanship: Enhancing the Science of CSR - calendar

As part of National CSR Week in Canada, 1-5 June, 2015 , professional corporate responsibility practitioners, officers and consultants are meeting in Toronto for a two-day " Upmanship:...

TBLI Conference Asia 2015 - calendar

We are excited to announce TBLI CONFERENCE ASIA 2015, held in cooperation with  INSEAD in Singapore, 29-30 April. TBLI CONFERENCE offers a wealth of opportunity for networking with...

Big Donor Summit - calendar

Reaching, engaging and converting corporate and major donors with sustainable fundraising strategies. This new and exciting fundraising conference is the largest event within...

BT's Better Future Report 2013 - reports

Find out how BT is paving the way for a Better Future in their annual sustainability report, which outlines their progress and achievements against seven key performance indicators over the past...

Experian releases three reports simultaneously and pledges to 'step up' - reports

Global information services company, Experian, released its Annual Report, Corporate Responsibility report and a publication ‘About Experian’ simultaneously on Friday 7 June.

Could you be the next Nestlé CSV prize winner? - calendar

Nominations for the 2016 Nestlé Creating Shared Value Prize are now being accepted. The closing date is 28 February 2015. Winners will win up to CHF 500,000 - an investment that...

TBLI Conference Europe - calendar

We are very much looking forward to returning to The Netherlands for our 18th European event: TBLI CONFERENCE™ EUROPE 2014 will take place on 28 & 29 October 2014 in Amsterdam,...

Thomas Cook Group plc launches its 6th Sustainability Report - reports

Thomas Cook Group plc launches its 6th Sustainability Report. Harriet Green, Group Chief Executive Officer, comments: “We’re developing a strategy to create profitable growth...

TBLI Conference Series 2015 - calendar

TBLI CONFERENCES in 2015: 23 Jan (Chicago/USA @Kellog/Booth) 29/30 Apr (Singapore/Rep. of Singapore @Insead) 15/16 Jun (Copenhagen/Denmark @Copenhagen School of Business)...

Citi Publishes 2012 Global Citizenship Report - reports

Citi published its 13th annual Global Citizenship Report today.

Corporate Social Responsibility Mozambique Conference and Exhibition (CSR MOZ) - calendar

The inaugural Corporate Social Responsibility Mozambique Conference and Exhibition (CSR MOZ) will take place from 19 – 20 March 2015 at the Joaquim Chissano International Conference...

Sberbank of Russia issued its Report on Corporate Social Responsibility for 2012 - reports

Russia’s largest bank, Sberbank of Russia, has issued its Corporate Social Responsibility Report for 2012.

Lloyds Banking Group - Doing More to help Britain Prosper - reports

Lloyds Banking Group announces the launch of its 2012 Responsible Business report that outlines the Group progress and challenges to its responsible business approach. 

Royal Mail Group publishes its 2011-12 Corporate Responsibility Report - reports

Royal Mail’s business and corporate responsibility strategies share the same objective: to ensure a sound and sustainable universal service for everyone in the UK.

The Innovative, Win-Win Corporate Charity Partnerships Conference - calendar

Is Your Partnership Win-Win & Is It Demonstrably Delivering Returns & Making An Impact? Innovation Beyond Charity Of The Year! Deliver long-lasting, mutual benefits with...

Maersk publishes its 2012 Sustainability Report - reports

Maersk’s Sustainability Report 2012 focuses on the social and environmental impacts of the Group’s investments within trade, infrastructure and energy.

SGS leads its sector in Sustainability Reporting by achieving A+ Level - reports

Best Practices in Community Engagement - calendar

Two day conference in two locations: (10% discount for Existing Subscribers of Ethical Performance with code “EPCSR”) 21-22 April, Sheraton Towers, Singapore;...

Nordea releases its fifth CSR Report - reports

Nordea, the largest financial services group in the Nordic and Baltic Sea region has released its  fifth CSR Report.

TBLI Conference 2014 - calendar

“Connecting the Dots” At TBLI CONFERENCE USA 2014 , attendees are invited to choose from 16 sessions, divided into three 'Tracks’: ESG, Impact Investing and...

UBS publishes its 2012 Corporate Responsibility reporting - reports

Anglo American launches it Sustainable Development Report 2012 - reports

Anglo American today launches its Sustainable Development Report 2012,  “Creating Value with the Future in Mind” . The report details Anglo American’s sustainable...

Aviva's Contribution to Society - reports

Aviva aims to be trusted, respected, sustainable and recognised for making a real contribution to society.

ESG CONFERENCE EUROPE: ‘INVESTING IN RESPONSIBILITY 2013’ - calendar

ESG CONFERENCE EUROPE: ‘INVESTING IN RESPONSIBILITY 2013’ Enhanced ESG Communication, Analysis & Engagement for Public Corporations & Investors London, 13...

Old Mutual publishes its 2012 Responsible Business Report - reports

Old Mutual has released its 2012 Responsible Business Report. The report is structured around its five focus areas of responsibility – investment, customers, employees, communities and...

CR Foundations Programme - calendar

The CR Foundations programme is accredited by the Institute of Leadership and Management, and consists of six one day courses delivered over twelve months. It is designed to develop the skills...

In Good Company With FSC - calendar

At FSC we are fed up with CSR conferences without ambitions and shape. We are therefore hosting this year’s most ambitious CSR conference bringing up difficult issues in honest...

RSPO European Summit - calendar

“Sustainable palm oil in Europe – Taking the market transformation to the next level”, RSPO European Summit, September 3rd, Berlin, Germany The production and...

Retail Sustainability Conference 2013 - calendar

It's not every job that allows you to make a difference in your company, your community, and your industry. Working toward a more sustainable company -- and industry -- is one of them....

SROI Practitioner Training - calendar

There is growing recognition amongst businesses of the benefits of shared value, of value for both business and the wider community. There is also an increase in ideas of responsible business...

The Financial Times Global Renewable Energy Summit: Transforming the Energy Paradigm - calendar

The renewables industry has reached a fundamentally new stage in its development. The cost of some renewable technologies - wind and solar in particular - has fallen to a level which has seen...

Corporate Community Investment Forum: Measuring Impact - calendar

The CSR Asia Corporate Community Investment Forum: Measuring Impact is CSR Asia’s first forum on Corporate Community Investment (CCI). With support from NVPC Singapore, the forum will...

Canadian Responsible Investment Conference 2013 - calendar

This year’s theme Engaging for Change explores the role of stakeholders in building sustainable financial markets and opportunities for SRI professionals to achieve better outcomes for...

Lloyds Banking Group publish latest Responsible Business Report - reports

Lloyds Banking Group has published its latest Responsible Business Report. The report sets out how the Group is delivering on its economic, environmental and social activities and how it is...

Corporate Social Impact Conference - calendar

In today’s world corporate philanthropy is broadening to include a wide range of stakeholders – effective partnerships can accelerate impact and lead to longer term social change....

FT/IFC Sustainable Finance Conference and Awards 2013 - calendar

The world faces not only persistent economic and financial uncertainty but also unparalleled resource constraints that are putting pressure on social and environmental systems, particularly in...

Land Securities publishes 2012 Corporate Responsibility report - reports

Land Securities publishes its Corporate Responsibility report today. Entitled ‘Making good progress’ the new report shows how Land Securities views corporate responsibility as being first and...

Pearson publishes its 2011 corporate responsibility report - reports

Pearson one of the world’s leading learning companies has published its latest corporate responsibility report, Our Impact on Society 2011. The report sets out the commitments made by Pearson...

OTE publishes its 2011 CR Report - reports

OTE, one of the leading telecommunications service providers in Greece and South Eastern Europe, has published its 2011 Corporate Responsibility Report on 15 June 2012 at the company’s Annual...

British Land publishes Corporate Responsibility Report 2012 - reports

Managing environmental, economic and social impacts is central to the way British Land does business and to delivering value for its shareholders. This year, more than ever, the company has...

Annual GTQ Conference: Investing in Responsibility - calendar

Annual GTQ Conference: Investing in Responsibility, 15 November   Join us in the City of London for the annual SRI-CSR event, bringing together the latest research and practice to...

Fiat S.p.A. publishes 2011 Sustainability Report - reports

Now in its eighth edition, this year’s Sustainability Report for the first time also reports on the results of the integration between Fiat and Chrysler, and the shared commitment between them...

New Energy World Network’s Envirotech & Clean Energy Investor Summit - calendar

Following sold-out events in 2009, 2010 and 2011 New Energy World Network’s Envirotech & Clean Energy Investor Summit has established itself as the pre-eminent event for networking...

Barclays Citizenship Report 2011 - reports

Barclays today published its Citizenship Report 2011.

The SROI Network – Social Return on Investment (SROI) Practitioner Training 2012 - calendar

Do you want more than just an introduction to Social Return on Investment? The SROI Network Practitioner Training course is designed to be taken as 2 days together, and provides training to...

The SROI Network – Social Return on Investment (SROI) Practitioner Training 2012 - calendar

Do you want more than just an introduction to Social Return on Investment? The SROI Network Practitioner Training course is designed to be taken as 2 days together, and provides...

Citi has published its 2011 Global Citizenship Report - reports

Citi published its 12th annual Global Citizenship Report today. The report covers the bank's performance in its social and environmental priority areas, informed by two centuries of experience in...

The Business Case for Sustainability: Opportunity in a Changing Economy - calendar

A one-day workshop exploring how leading companies and organizations are finding their own compelling business case for sustainability by realizing that sustainability represents a...

Mondi Sustainable Development Report 2011 - reports

Mondi, the international paper and packaging group, is pleased to announce its 2011 sustainable development report.  The report highlights the progress that the Group has made in 2011...

Updated 2012 online-course on Climate Change: Risks and Opportunities for the Finance Sector - calendar

With record levels of greenhouse gas emissions in 2011, and record levels of weather-related impacts, costs and financial losses, we know climate change is here to stay, and to only become...

GlaxoSmithKline publishes its 2011 CR Report - reports

GlaxoSmithKline's (GSK) new Corporate Responsibility Report reiterates its commitment to operate responsibly, openly and transparently and sets out advances made on this agenda during 2011.

SEGRO publishes its 2011 Sustainability Report - reports

The 2011 SEGRO Sustainability Report provides an update on performance against targets set out in 2009 as part of the company's five-year sustainability strategy.

The Rezidor Hotel Group has published its Responsible Business Report - reports

Recently included for the third time on the World's Most Ethical Companies list, the Rezidor Hotel Group today publishes its Responsible Business Report.

Umicore's Annual Report 2011 goes on-line - reports

The report offers a fully integrated view of Umicore's economic, environmental and social performance. A new on-line reporting centre enables readers to create their own customized report and...

Bell Canada publishes Corporate Responsibility report - reports

Bell Canada, the largest communications company in Canada, has just published its 2010 Corporate Responsibility Report online. The report meets the Global Reporting Initiatives GRI–G3 A+...

Strategies for clear ESG communications to Responsible Investors - calendar

A two-day executive training seminar for CSR, Risk, and Investor Relations professionals who want to better engage SRI analysts and, most importantly, mainstream investors with a long term...

Walt Disney releases second Corporate Citizenship Report - reports

The Walt Disney Company has released its second Corporate Citizenship Report, detailing Disney’s progress on environmental and social impacts.

FedEx publishes its 2010 Global Citizenship Update - reports

FedEx Corp. (NYSE: FDX) moved closer to meeting its 2020 global citizenship goals with significant support from its 290,000 global team members and through a number of smart investments. The...

Your Path to Greener Working - calendar

The course provides clear strategies for financial savings through effective greener working by:   return on investment - generating significant financial savings and income;  ...

IKEA Group releases 2011 sustainability report - reports

The 2011 IKEA Sustainability Report, released today, outlines the sustainability work carried out on a global level by the IKEA Group during FY 2011*, including key performance indicators to...

3 Cs to sustainability - reports

Community investment, capacity building, stakeholder engagement. Okay, so it's actually two Cs and one S. All three are essential to building relationships and delivering sustainable profit. Why?...

Linklaters launches fourth annual corporate responsibility report - reports

Linklaters' fourth annual corporate responsibility (CR) report has revealed that the firm has helped social ventures generate £7.5m worth of investment, through the innovative use of structured...

Reporting and Communications - calendar

Course Overview: Stakeholders are increasingly holding companies accountable for their activities and demand information that is consistent, material, comparable, credible and well structured....

NKSJ Holdings publishes Corporate Responsibility Communication 2011 - reports

NKSJ Holdings Inc, a joint company of Sompo Japan and Nipponkoa founded in April 2010, has released its first CSR report. The purpose of the Corporate Responsibility Communication 2011 is to...

Change of address for Ethical Performance - reports

Dunstans Publishing, which publishes Ethical Performance, the monthly business newsletter on corporate social responsibility and socially-responsible investment, has relocated to...

E.ON UK publishes 'Our Responsibilities' report 2010 - reports

E.ON generate electricity for UK homes and businesses, supply power and gas to millions of people across the country, and are part of one of the world's largest investor-owned energy companies....

NEC Corporation publish their CSR Report 2011 - reports

NEC Corporation has published its NEC CSR Report 2011, which outlines its work in pursuit of its CSR objectives during the fiscal year ended 31 March 2011.

Environmental & Social Risk Analysis (ESRA) E-Learning Programme - calendar

Contaminated land. Endangered species. Water scarcity. Health hazards. So many risks, so many potential losses. Learn to identify environmental and social risk and stay clear of the damage. The...

Heathrow focuses on the economy - reports

Heathrow has just released the latest in a series of sustainability briefings 'Towards a sustainable Heathrow'.  'A focus on the economy' provides an insight into the local and national...

Enhanced ESG Analysis Conference - GTQ - reports

The 2011 Enhanced ESG Analysis Conference is a two day practical conference for practitioners.  It is designed to explore how the industry is applying ESG criteria to augment current...

Coca-Cola Enterprises Publishes its Sixth CRS Report and Seeks Continued Stakeholder Input on 2020 Commitments - reports

Coca-Cola Enterprises (NYSE/NYSE Euronext Paris: CCE) released today its sixth company-wide Corporate Responsibility and Sustainability (CRS) Report, Committed to 2020: Shaping a Sustainable...

Land Securities Publishes Corporate Responsibility Report - reports

Land Securities publishes its Corporate Responsibility report today. In addition, Land Securities has taken this opportunity to launch an updated Responsibility section of its corporate website.

OTE publishes 2010 CR Report - reports

OTE, the leading telecommunications services provider in Greece and South Eastern Europe, has published its 2010 Corporate Responsibility Report on 23 June 2011 at the company's Annual...

Lloyds Banking Group publish latest Responsible Business Report - reports

Lloyds Banking Group has published its latest Responsible Business Report. In 2010 Lloyds carried out extensive stakeholder research into how its many stakeholder audiences perceive the Group -...

FT/IFC Sustainable Finance Awards - calendar

The FT/IFC Sustainable Finance Awards, the major global awards for environmentally and socially responsible banking and investment, now in their seventh year, have attracted 161 entries from 145...

Impact Investing 2012 - calendar

Investments for profit, people and the planet With some experts predicting a ten-fold increase in impact  investments to $500 billion by 2014 (1% of all managed assets), this...

British Land publishes Corporate Responsibility Report 2011 - reports

This year, British Land carried out a thorough review of its corporate responsibility strategy and activities, commissioning independent stakeholder research, consulting experts, reviewing best...

Environmental Bonds 2012 - Capital markets and the green economy - calendar

Following the success of Environmental Bonds 2011 and 2012 in London Environmental Finance Publications is pleased to be bringing the conference to New York on 23 May.  Attend to review the...

Sustainable Investing in Action - calendar

This event offers a unique opportunity to network with leaders of sustainable and responsible investing, to hear from leading investors, CEOs and policymakers, and to learn about new...

STMicroelectronics publishes its 14th Sustainability Report - reports

STMicroelectronics, one of the world major semiconductor companies has released its 2010 Sustainability Report. The report provides comprehensive details of ST's Sustainability strategy, policies...

Prudential release their 2010 CR Report - reports

Prudential plc announced today the publication online of its new, magazine-style Corporate Responsibility Report 2010. With articles featuring interviews with employees from across the business,...

Barclays publishes Citizenship Report 2010 - reports

Barclays has published its Citizenship Report 2010. The Report has been independently assured by Ernst & Young and meets the requirements of a Type 2 assurance engagement as defined by...

SEGRO publishes 2010 Sustainability Report - reports

The report provides an update on 2010 performance of SEGRO’s five-year sustainability strategy. The company’s approach focuses on delivering value to the business and its customers.

Citi releases Global Citizenship Report - reports

Citi’s 11th annual Global Citizenship Report (released today) provides “the evidence that we are not only fulfilling our commitments but willing to talk about the considerable challenges we...

Environmental Bonds 2012 - Capital markets and the green economy - calendar

The 2nd annual Environmental Bonds conference will review the growing interest in this market from both the public and private sector and assess its potential to attract billions of dollars of new...

Ericsson releases annual Sustainability and CR report - reports

Ericsson's annual Sustainability and Corporate Responsibility report titled "Technology for Good", released today, highlights the company's ongoing efforts to apply innovation to market based...

ASrIA Briefing: The Future of Sustainable Finance - A PRI Perspective - calendar

ASrIA in conjunction with PRI invites you to a discussion on global and regional initiatives with spotlights on the UN-backed Principles for Responsible Investment (PRI) and Asia Investor Group on...

ESG USA 2011 - calendar

ESG USA 2011 marks the third year that Responsible-Investor.com will bring top-level speakers from asset owners, asset managers and advisors together for targeted, practical debate on pertinent...

Standard Chartered 2010 Sustainability Review - reports

In its fifth annual Sustainability Review, released today, Standard Chartered sets out how it has delivered on its strategy to provide a strong return for shareholders, while creating social...

Mondi publishes 2010 Sustainable Development Report - reports

The Mondi Group has published its 2010 Sustainable Development Report.

Green Strategy 2011 – Creative Disruption: strategies for a new paradigm - calendar

There is a growing realisation in boardrooms across many sectors that the current rise in energy and commodity prices may not be a short term trend. A growing number of economists and investors are...

Impact Investing 2011 - calendar

Investments for profit, people and the planet With some experts predicting a ten-fold increase in impact investments to $500 billion by 2014 (1% of all managed assets), Impact Investing 2011...

10th EABIS Colloquium - calendar

A new era of development: the changing role & responsibilities of business in developing countries What is the business perspective on development? How to adapt business strategy for and to...

Philips publishes latest sustainability performance - reports

Philips has published its latest information on sustainability performance.

i.e. All You Ever Wanted To Know About Ethical Investment - calendar

The conference organised by i.e and raising money for TortureCare will give the participants an opportunity to talk to many of the leading figures who are actually practicing ethical investment....

International Green Awards - calendar

The INTERNATIONAL GREEN AWARDS are internationally established as the leading advocate of best practices in sustainability across business, government and citizen initiatives. The Awards canvas the...

Call for Entries: Nestlé Prize in Creating Shared Value - reports

The nomination period for the CHF 500 000 (approx. USD 480 000) Nestlé Prize in Creating Shared Value is now open. Nominations will be accepted until 30 June 2011 and the Prize will be awarded...

2.9 trillion euro needed to deliver low carbon economy in Europe say Barclays & Accenture - reports

The banking sector will be pivotal to Europe's low carbon transition, and will finance and intermediate the vast majority of the 2.9 trillion euro capital required to implement low carbon...

The United Nations Environment Programme Finance Initiative (UNEP FI) Global Roundtable - calendar

The United Nations Environment Programme Finance Initiative (UNEP FI) Global Roundtable is the largest global conference exploring sustainable finance and responsible investment. More than 600...

The 2011 Enhanced ESG Analysis Conference - calendar

A pragmatic exploration of the integration of ESG factors into traditional investment analysis. The 2011 conference is an entirely practical event, providing the tools and skills necessary to...

Forestry, Biomass & Sustainability 2011 - calendar

This promises to be an important year for the forestry sector internationally, and particularly for forestry finance initiatives. The UN has declared 2011 to be the International Year of Forests...

Sustainable Emerging Markets - calendar

This conference will feature:   The regulatory climate: attractive and sustainable for global investors? Assessing investment instruments currently available in BRIC countries, Latin...

Linklaters has published its 2010 CR Report - reports

Global law firm Linklaters has published its 2010 Corporate Responsibility Report. This is the third year the firm has publicly reported on its corporate responsibilities and has had the report...

Business for the Environment Conference - calendar

B4E, Business for the Environment, is the world’s leading international conference for dialogue and business-driven action for the environment. Held in partnership with WWF and Global...

National Grid Publishes 09/10 CR Review - reports

Energy company National Grid has published its 2009/10 Corporate Responsibility Review, 'Shaping a Responsible Future'. The Review complements the company's online corporate responsibility report...

Low Carbon Investment in Asia Briefing Event - calendar

The briefing is a culmination of an 18-month project implemented by ASrIA to examine climate change issues relevant to investment in select industries in Asia and the implications of moving towards...

Environmental Bonds 2011 - calendar

Green bonds - the next environmental asset class? At this highly-interactive conference an expert panel of speakers will review and explain the latest thinking on how the bond market could help...

TBLI CONFERENCE™ ASIA 2011 - calendar

In existence for over 13 years, TBLI CONFERENCE™ consists of two annual conferences, in Europe as well as Asia. These two-day events give the world’s leaders on sustainability an opportunity to...

NEC's CSR Report 2010 - reports

NEC Corporation has released its "NEC CSR Report 2010," which discloses the practices carried out in pursuit of CSR during the fiscal year ended March 31, 2010.

New Model for KPIs Unveiled - reports

A model system for developing key performance indicators (KPIs) relevant to mandatory sustainability reporting has been put forward in a new research report.

Terna publishes its 2009 Sustainability Report - reports

Terna spa has published its 2009 Sustainability Report. The report, prepared in accordance with the Electric Utilities Sector Supplement of the GRI-G3 guidelines, has been externally checked with...

Good Deals - calendar

Taking place on the 15 and 16 November Good Deals ( www.good-dealsuk.com ) brings together the most inspiring social entrepreneurs with the most innovative investors to get good deals done. Its the...

Report shows savings convince businesses to dive into water stewardship - reports

Ethical Corporation's new report 'Unlocking the Profit in Water Savings, 2nd Edition' reveals how leading companies have designed their water management strategy, and how water security...

Nexen Inc. publishes its 2009 Sustainability Report - reports

Nexen Inc., a Canadian-based global energy company, has released its 2009 Sustainability Report, titled “Responsible Energy Development.”

Social Enterprise Summit - calendar

The Social Enterprise Summit 2010 aims to achieve the following: 1. Cultivating more in-depth and practical methodologies for Social Entrepreneurship by developing impact measurement and...

Accenture release findings of largest CEO study on corporate sustainability - reports

An overwhelming majority of corporate CEOs - 93 per cent - say that sustainability will be critical to the future success of their companies, in spite of the recent economic downturn....

EDF Energy UK plc publishes its 2009 Sustainability Report - reports

EDF Energy UK plc has published its 2009 Sustainability Report, 'Leading the Energy Change'. The report provides an update on EDF Energy's sustainability performance in 2009 as well as some key...

Mondi publishes 2009 Sustainability Report - reports

Mondi, the international paper and packaging company, has released its 2009 sustainability report

British Land publishes its 2010 CR Report - reports

British Land has published its 2010 Corporate Responsibility Report.  The real estate investment company achieved new levels of transparency, with GRI Index B+, additional performance data...

National Ethical Investment Week - calendar

National Ethical Investment Week (NEIW) is a campaign to ensure that everyone knows that they have green and ethical options when it comes to their finance and investment decisions. Visit...

ESG Europe 2010: Investor-Corporate summit - Bridging the gap between investor ESG requirements and CSR reporting - calendar

The crucial relationship between investors and corporations is changing. The new emphasis on environmental, social and governance (ESG) issues and CSR reporting are creating new and testing...

Deutsche Telekom publishes 2010 CR Report - reports

Deutsche Telekom has published its 2010 Corporate Responsibility Report. The report, titled 'We take responsibility', claims that Deutsche Telekom is well on the way to adopting an international...

TBLI Conference - calendar

In existence for over 10 years, TBLI CONFERENCE™ consists of two annual conferences, in Europe as well as Asia. These two-day events give the world’s leaders on sustainability an opportunity to...

7th International Responsible Investment Conference - calendar

Climate change, an ageing and growing population, affordable and accessible healthcare and increasing competition for scarce natural resources - these are just a few of the challenges facing us in...

BT launches 2010 sustainability report - reports

BT's 2010 sustainability report is available online. The report reveals how BT is creating the framework for a low carbon future and embedding sustainability into its business.

ESG USA 2010 - calendar

Following the success of last year's event, ESG USA 2010 will bring together top-level speakers from the US and Europe for targeted, practical discussion on sustainable and responsible investment....

EIRIS European Climate Change Conference - Investing in a climate of change - calendar

Join asset owners and asset managers from across Europe at a conference which will explore how investors can best respond to the issues and opportunities posed by climate change in the post...

Canadian Responsible Investment Conference 2010 - calendar

This year's conference explores how innovation is changing the face of socially responsible investment, and how SRI is revolutionizing conventional investment. The sessions include...

SRI in the Rockies - calendar

SRI in the Rockies 2010 - Responsible Investing in a Changing Financial Landscape The premier annual gathering of investment professionals in the sustainable and responsible investment (SRI)...

Citi Releases 10th Annual Citizenship Report - reports

Citi has released its 10th annual Global Citizenship Report.

Barclays PLC publishes 2009 Responsible Banking Review - reports

Barclays has published its 2009 Responsible Banking Review. The Review looks in detail at how Barclays has managed key issues during 2009 - and sets out how it will measure performance in the...

Heineken: Sustainability Report 2009 published - reports

Heineken, one of the world's great brewers, has published its 11th sustainability report, outlining the company's performance in building a sustainable future.

SEGRO publishes Sustainability Update 2009 - reports

The newly-published SEGRO Sustainability Update 2009 focuses on how sustainability delivers value for the commercial property investment and development business and its customers.

The Wall Street Green Trading Summit IX - calendar

The Wall Street Green Trading Summit IX is the “one-stop shop” to come up to speed on the latest developments in Green Trading and Finance. Latest Innovations In Carbon Trading & Finance...

Danske Bank Group publishes its 2009 CR report - reports

The Danske Bank Group has published its 2009 Corporate Responsibility report. The 2009 report is prepared in accordance with the G3 Sustainability Reporting Guidelines, GRI level B. For 2009 the...

FT Investing in a Sustainable Future - calendar

The 2nd annual FT Investing in a Sustainable Future international conference, hosted by the Financial Times, will reveal how some of the top minds in today's corporate, financial and investment...

2009 Governance Summit - calendar

Join twelve speakers including two of TIME magazine’s Persons of the Year, Sherron Watkins, former VP of Enron and Cynthia Cooper, former VP of WorldCom at the 2009 Governance Summit. The...

TBLI CONFERENCE™ 2009 - calendar

TBLI GROUP™ is a knowledge broker and an extra-financial rainmaker, specializing in Triple Bottom Line Investing (TBLI - investing in “people, planet, and profit”) and ESG (Environmental, Social...

UNEP FI 2009 Global Roundtable 'Financing change, Changing finance' - calendar

The United Nations Environment Programme Finance Initiative (UNEP FI) Global Roundtable is the largest global conference exploring sustainable finance and responsible investment. From 22-23...

Go-Ahead Group has published its 2009 Corporate Responsibility Report - reports

The Go-Ahead Group has just published its web-based Corporate Responsibility report for 2009 – the eighth year the UK transport company has produced such a document and the fifth year it has done...

3rd Gain Business Alliance Global Forum - calendar

Accelerate your commitment to the fight against malnutrition!   Join GAIN Business Alliance members, GAIN staff and more than 100 company and stakeholder participants in Amsterdam on 27 May...

Sompo Japan launches its 8th annual CSR report - reports

One of Japan's largest insurance and financial groups, Sompo Japan Group, has launched its eighth annual report “Corporate Social Responsibility Communication 2009”.

Making the difference - The sport and social responsibility summit 2009 - calendar

SportBusiness Group is proud to announce a groundbreaking new event focusing on the role of sport and CSR, Making the difference – the sport and social responsibility summit. Some of the world’s...

CSR Asia Summit 2009 - calendar

Asia-Pacific’s most innovative and challenging conference on CSR will take place 27-28 October in Kuala Lumpur, Malaysia. With the theme “Sustainable Business as the Road to Recovery” , the event...

CSR Manila Forum - calendar

This forum is aimed at companies interested in strategic CSR practices, with an emphasis on community investment measurement and communications, and building trust-based relationships with...

The 8th Annual Wall Street Green Trading Summit - calendar

The Wall Street Green Trading Summit is the longest running and most comprehensive environmental market event in the industry. The 8th WSGTS covers cutting edge content, industry developments and...

World Innovation Summit - calendar

A world that acts globally needs a global meeting place for new ideas and solutions. A world that evolves faster than ever before needs an event that keeps pace with business innovation. Welcome...

Achmea releases CSR report - reports

Achmea, based in The Netherlands, and part of the European group, Eureko,  truly believes in 'giving something back to society', and acts accordingly, not just paying 'lip service' to the...

Ashridge Managing Corporate Community Investment programme - calendar

This 3-day course from 30 March to 01 April is the only executive course in Community Investment in Europe. Learn how to develop strategic community programmes that support business objectives....

Sustainable and responsible investments conference - calendar

ALFI and Eurosif have pulled together a programme of speakers from across the industry, including bankers and academics, providing an opportunity for the Luxembourg financial community to swap...

3rd Annual Forum on Responsible Investing - calendar

Join Institutional Investor and the Social Investment Forum on January 12th and 13th for the, 3rd Annual Forum on Responsible Investing. The forum will bring together investors and industry experts...

Clear profit 08 - calendar

Clear Profit's 3rd annual conference is a unique chance to form ideas together with leaders in investor and business responsibility. A carefully-designed programme, drawing on six years of...

Making it happen: implementing the UN Principles for Responsible Investment - calendar

Just over two years after the UN Principles for Responsible Investment (UN PRI) were launched by the UN Secretary-General in New York, the initiative has garnered the support of over 360...

Investing in the future: facing real challenges and making a true impact - calendar

With inspirational speakers from Barclays, Anglo American, BT, KPMG, Tata, Premier Rugby, RWE npower, and YouGov, this conference is a must attend event for professionals in Corporate...

British Land Publishes 2008/09 Corporate Responsibility Report - reports

British Land has published its Corporate Responsibility Report 2008/09

Managing corporate community investment - calendar

This course is about learning how to develop strategic community programmes that support business objectives. You will hear the latest thinking from leading practitioners and understand how you...

The 2nd annual European anti-corruption summit - calendar

This conference will cover everything you need to know to develop and manage an integrated and global anti-corruption, ethics and compliance programme. Practical solutions including the latest...

Standard Life Corporate Responsibility Report 2008 - reports

Standard Life plc today published its fourth Corporate Responsibility Report. The 2008 Report outlines the asset managing group’s progress over the last 12 months towards its stated goal of being...

SEGRO publishes Sustainability Report 2008 - reports

SEGRO publishes its Sustainability Report 2008.

Deutsche Post DHL's Sustainability Report - reports

Deutsche Post DHL, the global mail and logistics services group, has published "Changing Ways", its 2009 Sustainability Report.

International Corporate Social Responsibility Conference - calendar

This three-day event will be the meeting place for local and international companies, non-governmental organizations (NGO) and fund managers. The primary reason