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Informa Joins Corporate Social Responsibility Global Leaders
Informa Joins Corporate Social Responsibility Global Leaders
Published 09-15-05
Submitted by Informa plc
The FTSE4Good criteria cover the areas of environmental sustainability, developing positive relationships with stakeholders and upholding and supporting universal human rights. The environmental criteria have been tightened significantly recently - so much so that some companies will be removed from the index in the current review because they no longer meet these criteria.
Peter Rigby, CEO of Informa, says, "We think this is a great award to move the business forward. We aim to be as attractive to the investment community as other top companies - not only to investors who are looking for capital growth and income, but those looking for corporate responsibility and environmental impacts.
"After significant acquisitions and increasing employees to 7000 worldwide, we're at a size where we must put our heads above the parapet and be more formulaic about our CSR activities. Achieving FTSE4Good status shows that our CSR activities are occurring in the right way and that our ethics are appropriate ones. By receiving the accolade so soon after targeting CSR strategically, it shows that we were nearly compliant before changing any procedures."
Rigby also explains that Informa's goal is to continue to grow the business and provide opportunities for people internally and externally. It wants to keep the special elements of Informa, where people are encouraged to be entrepreneurial and creative all the way through the business.
Mark Makepeace, Chief Executive, FTSE Group commented, "FTSE operates an engagement programme throughout the year to support and assist companies to understand and meet the FTSE4Good criteria. This is what gives FTSE4Good its unique benefit, it works not only to facilitate investment in companies demonstrating good CSR management, but also as a valuable source for listed companies to benchmark themselves against current best practice standards."
FTSE4Good says that an additional 42 companies worldwide have met the index criteria in this review, and 15 of these are from the UK. Changes to the index will take place when markets open on Monday 19th September. www.informa.com
Informa's Corporate Social Responsibility Programme
Informa's social initiatives have been in effect for years, ensuring that it makes a difference to employees, the environment, the community and the marketplace. Because of its dramatic growth, Informa is now fully embracing Corporate Social Responsibility (CSR) from board level, ensuring it is at the organisation's core. Current and future initiatives will proceed in a dynamic, sound and transparent way. In short, CSR will impact everything from routine planning to high level decisions, so everyday practices respect social and environmental issues.
About Informa
Informa is a leading international provider of specialist information for the academic, professional and business communities. Informa has over 121 offices in 43 different countries and employs almost 7000 staff with major centres in the UK and the USA. Informa is a FTSE-250 company quoted on the London Stock Exchange.
Informa plc has recently announced the acquisition of IIR Holdings Ltd. It is a highly complementary acquisition, adding significantly to Informa's events business, providing immediate critical mass in the customised performance improvement market, substantially expanding Informa's existing North American presence and further extending its geographic reach into emerging economies.
IIR organises events including conferences, seminars and exhibitions and through its performance improvement business provides performance analysis, diagnostics and customised training services to corporates and governments. It organizes over 1400 conferences per year worldwide.
About FTSE Group
FTSE Group is a world-leader in the creation and management of indexes. With offices in Beijing, London, Frankfurt, Hong Kong, Madrid, Paris, New York, San Francisco, and Tokyo, FTSE Group services clients in 77 countries worldwide. It calculates and manages the FTSE Global Equity Index series, which includes world-recognised indexes ranging from the FTSE All-World Index, the FTSE4Good series and the FTSEurofirst Index series, as well as domestic indexes such as the prestigious FTSE 100. The company has collaborative arrangements with the Athens, AMEX, Cyprus, Euronext, Johannesburg London, Madrid, NASDAQ and Taiwan exchanges, as well as Nomura Securities, Hang Seng and Xinhua Finance of China, FTSE recently signed an agreement with Dow Jones Indexes to develop a single sector classification system for global investors.
FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. Independent committees of senior fund managers, derivatives experts, actuaries and other experienced practitioners review all changes to the indexes to ensure that they are made objectively and without bias. Real-time FTSE indexes are calculated on systems managed by Reuters. Prices and FX rates used are supplied by Reuters.
About FTSE4Good Index Series
FTSE4Good is an innovative series of real-time indices designed to reflect the performance of socially responsible equities. The series, created and managed by global index provider FTSE Group, covers five markets: UK, Europe, Japan, US and Global. Four tradable and five benchmark indices make up the FTSE4Good index series. A committee of independent practitioners in socially responsible investment, (SRI) and corporate social responsibility (CSR) review the indices to ensure that they are an accurate reflection of current CSR best practice.
FTSE Group contributes income including licence fees for FTSE4Good to UNICEF, the global charity.
More info on Informa and its Corporate Social Responsibility Programme can be found at www.informa.com
