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Investments

Key organizations and documents in the field of Socially and Environmentally Responsible Investing (SERI) include:

UN Global Compact: proposed by Secretary-General Kofi Annan in 1999 at the Davos Summit, this is the key UN document attempting to promote basic human rights, labor and environmental principles within the private sector.

UNEP Finance Initiative has a working group on asset management as well as a newsletter and a Statement by Financial Institutions on the Environment and Sustainable Development and a list of signatory financial institutions..

The Social Investment Forum (SRI): has an excellent summary of Socially Responsible Investing.

Business for Social Responsibility (BSR): very thorough site on Corporate Social Responsibility, including issues relating to SRI. BSR also has a report on community investment policy.

World Business Council for Sustainable Development (WBCSD): WBCSD is a coalition of over 170 international companies united by a shared commitment to sustainable development via the three pillars of economic growth, ecological balance and social progress.

AccountAbility: is an international, not-for-profit, professional institute dedicated to the promotion of social, ethical and overall organisational accountability, a precondition for achieving sustainable development.

Global Reporting Initiative (GRI): first comprehensive attempt to quantify triple-bottom line reporting - economic, environmental and social reporting.

Business and Human Rights Resource Center: The purpose of the Centre's website is to promote greater awareness and informed discussion of important issues relating to business and human rights. The Business & Human Rights Resource Centre's online library covers over 1200 companies, over 160 countries, over 150 topics.

Cadbury Report: published in 1992, this report focuses on control and reporting functions of boards and on the role of auditors. At the heart of the Committee's recommendations is a Code of Best Practices designed to achieve the necessary high standards of corporate behavior.

Conference of Catholic Bishops: 1991 statement on Corporate Social Responsibility

Institutional Shareholders' Committee: drafted in the UK, this report "sets out best practices for institutional shareholders and/or agents in relation to their responsibilities in respect of investee companies"

Institutional Shareholder Responsibilities: August 2003 statement issued by the International Corporate Governance Network as a follow-up to the Institutional Shareholder's Committee report. It defines the role of institutional investors as dealing with issues that "may relate to...the management of environmental, ethical and social risks."

Domini Social Investment Group: One of the largest and oldest SRI funds with a description of their screening methodology.

Calvert Group: Also one of the largest and oldest SRI funds with their thorough explanation of SRI.

Pax Funds: Another precursor of SRI with a description of its philosophy.

Caux Roundtable: since 1994, an organization driven by the belief that the world business community should play an important role in improving economic and social conditions. It developped the CRT Principles for Business.

United Nations Joint Staff Pension Fund (UNJSPF): has a website which details its functionnings and includes an annual report and an annual letter from the CEO on its activities.

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