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Article

6 Oct 2004

Author:
Social Investment Forum News

Analysts at 17 leading socially responsible investment firms urge stronger corporate reporting

...an unprecedented coalition of analysts at 17 socially responsible investment firms representing over $147 billion in assets is urging publicly traded companies around the world to meet a higher standard of reporting on corporate governance, environmental, labor and other key issues...For the first time...sending a clear signal that companies should base their reporting on the Global Reporting Initiative’s (GRI) Sustainability Reporting Guidelines...A number of major U.S. companies are basing their reporting on the GRI guidelines, including Citigroup, Ford, General Motors, Hewlett-Packard, and Starbucks. Intel is one company that has been moving toward full compliance with GRI and has provided expanded reporting to socially responsible analysts since 1994.