PRESS RELEASE: Ethix Advisory Council Established
PRESS RELEASE: Stockholm 15 June 2011
Ethix SRI Advisors is delighted to announce the establishment of its new Advisory Council. The Advisory Council has been established to provide Ethix with strategic advice on its approach to norm-based screening, across the spectrum of human rights, environmental, labour and anti-corruption issues.
Ulrika Hasselgren (CEO, Ethix) said: “Ethix has led the way in developing the tools to enable investors integrate international norms on issues such as human rights and labour standards into their investment processes. To maintain our leadership in this area, we have established the Ethix Advisory Council to provide us with advice and input on how we can continue to develop and evolve our services in this area.”
Rory Sullivan (Chair of the Ethix Advisory Council) said; “I am delighted to have been asked to chair this distinguished group. There is growing international interest in how investors in the Nordic region use norm-based evaluations of corporate responsibility performance in their investment processes. The Ethix Advisory Council has a central role in this, not only through supporting Ethix as it seeks to develop its research and services in this area but also as a catalyst for mainstreaming norm-based approaches to responsible investment”.
Notes for Editors:
- Ethix SRI Advisors is a trusted advisor to institutional investors in the area of Sustainable and Responsible Investment (SRI). With extensive experience and deep understanding of SRI and how different investors work in this area, it helps clients across the Nordic region as well as Belgium, France, Luxembourg, the Netherlands and the UK to develop and implement their policies.
- Norm-Based Screening©, is used by investors to systematically research companies’ adherence to international norms for human rights, environmental protection, labour standards and anti-corruption. Developed in 2000 by Ethix, Norm-Based Screening© is now used by a large number of investors to screen companies in and out of their investment portfolios and, increasingly, as an input to investors’ risk monitoring processes, company engagement and investment decisions. At present, investors representing some Euro 300 billion in assets under management purchase Ethix’s research services, with many also using Ethix’s engagement services.
- Advisory Council members serve in their personal capacity. Organisational affiliations are provided for information only. The current members of the Advisory Council are:
- Marianne Flink, independent consultant
- Björn Kårfalk, Brandkontoret
- Erland Lindkvist, IF Metall
- Ola Löhman, independent consultant
- Karin Reuterskiöld, Danske Bank