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Corporate Social Responsibility
News
4.01.2008 - 12:15pm ET
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Innovest Highlighted in Condé Nast Portfolio as One of America's 11 Most Eco-Savvy Corporations
(CSRwire) April 1, 2008 - Conde Nast has recognized Innovest Strategic Value Advisors
as one of America's 11 most eco-savvy corporations, describing Innovest's
rating model as the "corporate environmentalist's answer to Moody's or
Standard & Poor's."
Peter Wilkes, Managing Director at Innovest notes, "Innovest's ratings are
an indicator of a company's performance on intangible value drivers and
management quality. This information is used to support an investor's
existing financial knowledge of a company. It is widely accepted among
investors that extra-financial information is now required to get a full
understanding of a company’s prospects."
By assessing differentials typically not identified by traditional
securities analysis, Innovest's IVA ratings uncover hidden risks and value
potential for investors. Ratings range from AAA (best) to CCC (worst).
Scores on sub factors range from 10 (best) to 0 (worst).
Ratings and research reports from Innovest Strategic Advisors analyzing
the environmental, social and governance performance of over 1,750
companies and their industries, including the Global 100 Most Sustainable
Corporations, is available through Innovest's partner CSRwire at www.csrwire.com/reports/independent
About Innovest
Innovest Strategic Value Advisors is an internationally recognized
investment research and advisory firm specializing in analyzing
companies’ performance on environmental, social, and strategic
governance issues, with a particular focus on their impact on
competitiveness, profitability, and share price performance. Innovest
currently has offices in New York City, Toronto, San Francisco, London,
Paris, Sydney, and Tokyo. For the second year in a row, Thomson Extel
named Innovest the #1 Leading Independent Research Provider of
'extra-financial research'.
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