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Corporate Social Responsibility
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4.07.2008 - 09:29am ET
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Innovest Confirms State Street's IVA Rating
(CSRwire) April 7, 2008 - Innovest Strategic Value Advisors has confirmed its
Intangible Value Assessment of State Street based on the
company’s relative performance of social, environmental, and strategic
governance (ESG) issues relative to sector peers.
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
Peter Wilkes, Managing Director at Innovest stated, "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).
Some of the areas of analysis for companies include:
Supply Chain
Human Rights
Regulatory/Stakeholder relations
Health and Safety
Environmental Strategy and management
Carbon Risk Mitigation
Labor Relations
Product Safety
Workplace issues
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.
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