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Socially Responsible Investment (Sri) - ABI Leads the Way with New Guidelines
Author: Association of British Insurers, Published on: 23 October 2001
The ABI (Association of British Insurers) today issued new investment guidelines to improve disclosure by Britain’s companies of their approach to corporate social responsibility. The guidelines respond to the widespread and growing interest in corporate social responsibility amongst the public and investors...The ABI also publishes today "Investing in Social Responsibility: Risks and Opportunities" by Roger Cowe. This is major new research which shows clearly the business case for Corporate Social Responsibility. Companies which take their social responsibilities seriously are successful companies...A company can put its business at risk if it fails to respond appropriately to social, ethical and environmental matters. The ABI guidelines call on companies to confirm in their annual report that they have assessed these risks and are managing them in such a way as to preserve or even enhance the value of the business.