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Corporate Social Responsibility
News
8.03.2007 - 12:48pm ET
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Innovest Upgrades Lehman Brothers IVA Rating
(CSRwire) August 3, 2007 - Innovest Strategic Value Advisors has upgraded its
Intangible Value Assessment of Lehman Brothers based on the
company's relative performance of social, environmental, and strategic
governance (ESG) issues relative to sector peers.
Downloadable reports for companies in the sector and more are available
for purchase through Innovest's partner 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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