2.15.2007 - 08:56am ET

(CSRwire) New York -- Innovest Strategic Value Advisors has upgraded its Intangible Value Assessment of PG&E based on improvements in its social environmental and strategic governance (ESG) performance.

Eric Kane, Analyst of the Multi-Utilities sector upgraded the company from ‘BB’ to ‘A’ based on PG&E’s improved environmental policies and performance. The company’s strategies in this area have allowed for successful operation in the country’s most stringent regulatory environment. Furthermore, PG&E’s relatively low carbon profile and proactive approach to renewable energy development will provide the company with a competitive advantage as it continues to mitigate the risks associated with climate change.

A research and ratings report for PG&E is available for purchase for USD $195. Additional company research and ratings reports from this and other industries are also available 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:

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.

For more information please contact:

Peter Wilkes, Managing Partner
Innovest Strategic Value Advisors
212-421-2000 x216

Greg Schneider, Director
CSRwire
802-251-0110 x1105

For more CSR news and information from this organization:

Corporate Social Responsibility Profile for Innovest Strategic Value Advisors, Inc.

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