New award launched to reward socially responsible investment

Self-nominations are expected from investment companies active in SRI for the “Royal Awards for Responsible Investment”.

The primary objective of this Royal Awards for Sustainability
award is to raise awareness of the benefits and unrealised
potential of responsible investment approaches for the mainstream
financial community and their clients, the retail and institutional
investors. Consequently, the award winning companies will need to
demonstrate that responsible investment strengthens their bottom
line, builds a loyal investor client base, increases their standing
within local communities, and creates a competitive advantage for
them in global markets.

The Royal Awards for Sustainability is an
independent organisation, with close links to the European
Environment Agency. The award will be presented at an international
ceremony during the UN Environment Programme Finance Initiatives
2003 Global Roundtable in Tokyo, on 21 October 2003.

Ten financial institutions together with the
Global Reporting Initiative developed a a set of performance
indicators for social reporting in the financial services sector in
2002 (see also,

EURACTIV 27 November
2002
).

 

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