NEW YORK, NY - Intertek Corporate Social and Environmental Responsibility (CSeR) Group announced today that it has entered into a strategic alliance with SRI World Group, Inc. Using SRI World Group's OneReport™ system, the alliance will develop innovative company and industry-specific supply chain reporting frameworks that will streamline the reporting process between suppliers and supply chain owners. This collaboration will enable companies to more efficiently collect, manage, and evaluate data from their suppliers. As a result, companies will be able to provide more meaningful information about their supply chains to research and rating agencies and other stakeholders.

Investors and other stakeholders are requiring more in-depth social and environmental responsibility information from companies. At the same time, companies are requiring their suppliers to report on a range of CSR issues. Intertek and SRI World Group will focus on the common demands of supply chain reporting (business-to-business) and institutional reporting (business-to-investor) of social, environmental, corporate governance, and other non-financial data.

"Intertek and SRI World Group have teamed up to help companies with the difficult process of sharing data among stakeholders in an environment of non-standardized and often duplicative requests for information," said Andre Raghu, Director of Intertek CSeR Group." This unique partnership will allow companies to build stakeholder relationships and leverage their CSR performance by providing meaningful information to a wide variety of stakeholders and research institutions in an effective and timely manner," he added.

This alliance unites Intertek's global network of in-country field teams and CSR professionals with extensive experience in supply chain monitoring and advisory services with SRI World Group's information technology expertise and its sustainability reporting network known as OneReport. This new team will combine their respective expertise to design cutting-edge supply chain reporting tools that will serve the interests of companies, the research community, and stakeholders.

"Our partnership with Intertek further underscores our commitment to developing OneReport as a comprehensive reporting solution," said Jay Falk, President of SRI World Group. "The addition of supply chain reporting capabilities will enhance OneReport's ability to simplify the reporting process and reduce sustainability reporting costs for companies," he added.

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SRI World Group is a leading provider of comprehensive corporate sustainability reporting solutions. Through its OneReport™ system, SRI World Group offers companies the ability to simultaneously report their sustainability data to a global network of 25 research and rating agencies and other data users. For more information, please visit: www.one-report.com. SRI World Group was also the parent company of CSRwire, a global newswire service focused on corporate responsibility issues.

UK-based Intertek is a world leader in providing CSR Advisory and Monitoring services. Intertek CSR programs provide guidance to companies seeking to develop policies and implementation strategies for communicating and ensuring compliance within their supply chain, in addition to outlining emerging issues while providing exposure to lessons from companies and industries that have successfully placed socially responsible supply chain practices into place.

SRI World Group

SRI World Group

SRI World Group, Inc., founded in 1999, is a leading provider of online corporate social responsibility and social investment information services. The company’s history and expertise in these two areas, along with its technical skill in creating and managing sophisticated online databases, has made it uniquely qualified to develop the OneReport network.

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