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Article

24 Jun 2004

Author:
UN Global Compact Office

Investment houses endorse assessing businesses on social, environmental performance, at United Nations Global Compact Summit - Stock exchanges also join Compact

Twenty major investment companies -- including Banco do Brasil, Credit Suisse Group, Deutsche Bank, Goldman Sachs, HSBC and Morgan Stanley -- have endorsed "connecting financial markets" to environmental, social and governance criteria...10 world stock exchanges [also agreed] to actively share information on the Global Compact with their listed companies...the Brazilian stock exchange Bovespa and the Jakarta Stock Exchange announced that they will join the Global Compact...[also refers to ABN Amro, AXA, Bank Sarasin, BNP Paribas, Calvert Group, CNP Assurances, Henderson Global Investor, Innovest, ISIS Asset Management, KLP Insurance, RCM (part of Allianz), Storebrand, UBS, Westpac]