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Corporate Social Responsibility
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2.04.2008 - 02:10pm ET
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KL Hub for Responsible Investment Research in Asia-Pacific
Europe's leading SRI firm VIGEO forms a strategic partnership with OWW Consulting to extend its coverage into Asia-Pacific
(CSRwire) PARIS, KUALA LUMPUR – February 4, 2008 – Vigeo, leading European
Corporate Social Responsibility (CSR) Ratings Agency has teamed-up with
OWW Consulting, a specialist in CSR and Socially Responsible Investment
(SRI) in Asia and the Middle East, to extend its coverage into
Asia-Pacific.
Both companies provide independent expert research on CSR and SRI using a
methodology based on internationally recognised standards. Their analysis
identifies and evaluates non-financial risks and opportunities relative to
companies' commitments on social, environmental and governance criteria.
Consequently, Vigeo will provide its clients access to SRI Research on the
companies included in the DJ Stoxx 600 Asia-Pacific. And OWW will have
access to Vigeo’s SRI research on the DJ Stoxx 600 Europe.
The Vigeo-OWW partnership will draw on the global analysis of Vigeo and
the local expertise of OWW to bring the entire Vigeo Equitics(R) range of
world-class SRI research into the reach of fund managers and financial
institutions in Asia-Pacific. The new Vigeo state-of-the-art SRI research
and alerts service will also be introduced into the Asia-Pacific market
for the first time.
Nicole Notat, CEO of Vigeo, said "Vigeo's commitment to provide its SRI
clients with research in line with their needs, includes extending its
coverage. In 2008, it shall reach the full coverage of the DJ Stoxx 1800.
The Vigeo-OWW partnership represents another step towards consolidating
this commitment."
Dr Geoffrey Williams, Managing Director and CEO of OWW Consulting said,
"The close parallels between Vigeo and OWW provide a very strong
foundation for this partnership. We hope to build a successful
relationship which will allow both companies to expand our client services
to create new and exciting SRI research products in the future. This
partnership takes place in a rapidly growing SRI market, estimated in US$4
trillion".
Both companies also provide Sustainability Indexes which track the
companies showing a good CSR performance. Vigeo provides the ASPI Eurozone
index and the Ethibel Sustainable Index (ESI) Series, which cover Global
and European markets. OWW provides the OWW ResponsibilityTM SRI Index
Series for Malaysia and Singapore.
Visit www.vigeo.com.
www.oww-consulting.com
About Vigeo
Vigeo is the Leading European Corporate Social Responsibility Ratings
Agency. Vigeo measures the organisations' CSR commitments, and identifies
extra-financial risk and their level of management.
Vigeo provides two services:
SRI Analysis, Ratings and Benchmarks for investors and asset managers
CSR Audits for companies and local governments An expanding group:
The Vigeo teams represent a staff of 75 and 14 different nationalities, on
4 locations: Paris, Brussels, Milan, Casablanca. www.vigeo.com
About OWW Consulting
OWW Consulting is a leading provider of Corporate Social Responsibility
(CSR) solutions and Socially Responsible Investment (SRI) research in Asia
Pacific and the Middle East. We aim to help organisations to understand how
their financial, economic, social and environmental performance can be
enhanced through socially responsible business practices.
We are Organisational Stakeholders of the Global Reporting Initiative
(GRI) and supporters of the UN Global Compact.
OWW was the first signatory to the UN Principles for Responsible
Investment (UNPRI) in Malaysia and Singapore
For further information please visit our websites:
www.oww-consulting.com
www.sri-asia.com
www.csr-malaysia.org
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