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Innovest Recognized by UNEP-FI for Carbon Work

Submitted by:Innovest Strategic Value Advisors, Inc.

Categories:Ratings & Awards, Corporate Social Responsibility

Posted: Nov 05, 2007 – 01:31 PM EST

NEW YORK, LONDON, TORONTO, PARIS, SAN FRANCISCO, SYDNEY - November 5, 2007 - Innovest Strategic Value Advisors is pleased to announce that the UN Environment Program's Finance Initiative has selected Innovest as the recipient of the "Innovation and Contribution to Carbon Finance" Award. Innovest received the special award at the United Nations Environment Program Financial Initiative (UNEP-FI) Global Roundtable in Melbourne, Australia on Oct 24.

The award was given in recognition of three particular contributions from Innovest:

Writing each of the five global reports for the Carbon Disclosure Project since its inception

Developing the Carbon Beta risk model to analyze companies' net financial risk exposure from climate change, and applying it to 1,500 companies worldwide

Developing (with JP Morgan ) the world's first "climate risk-adjusted" bond index, based on Innovest's Carbon Beta model

For more information about Innovest's work in Carbon Finance, please contact Pierre Trevet, Director of Carbon Finance

Email: ptrevet@innovestgroup.com
Call: +1 415 332 3506

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. In both 2006 and 2007, Innovest was rated the #1 global provider of "non-traditional" investment research in the Thomson Extel survey of over 180 major institutional investors. Innovest currently has offices in New York City, Toronto, San Francisco, London, Paris, Sydney, and Tokyo.

For more information, please contact:

Peter Wilkes Innovest Strategic Value Advisors

Phone: 212-421-2000 x216

Greg Schneider CSRwire

Phone: 802-251-0110 x1105

More Information

CSR Press Release

Innovest Recognized by UNEP-FI for Carbon Work