Innovest Joins Leading Financial Institutions in Supporting PRI: Innovest Backs the United Nations Principles for Responsible Investment

Innovest Joins Leading Financial Institutions in Supporting PRI: Innovest Backs the United Nations Principles for Responsible Investment and Launches New Product to Assist Compliance

United Nations Secretary-General Kofi Annan, joined by leaders in the international financial community, announced the launch of the Principles for Responsible Investment, at the New York Stock Exchange on April 27, 2006. In conjunction with this initiative, Innovest launched its Global CompactPLUS Research Tool in New York to help investors and companies uphold the commitments within the Principles of Responsible Investment (PRI).

CEO Matthew Kiernan and President Hewson Baltzell, accompanied by key figures from leading financial institutions, attended the launch in New York. The event marked the culmination of a year-long development process led by the UN Secretary-General, the UNEP-FI and the UN Global Compact, to develop a framework for achieving more sustainable investment returns while incorporating environmental, social and corporate governance factors into investment strategies.

See full Press Release, in pdf format.