
Following the Turnbull and Myners reports in the UK and a change to the 1995 Pensions Act, institutional investors are increasingly interested in corporate governance relating to social, ethical and environment (SEE) issues. As a result, the Association of British Insurers introduced new guidelines relating to governance and management of risks and opportunities from SEE factors.
In 2001 SustainAbility conducted a short research study, Governance, Risk and Corporate Social Responsibility, with institutional investor, Friends Ivory & Sime (now F&C Asset Management) to investigate the quality and extent of companies' governance systems with regard to SEE issues, with a particular focus on the management of SEE related risks and opportunities.
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