UK- Dresdner RCM Global Investors has signed an exclusive agreement with the United Nations Association Trust, the UK charitable and educational arm of the United Nations (UN), to formally adopt the UN’s ‘Global Compact’ SRI benchmarks as the basis for its own SRI screening process.
The UN ‘Global Compact’ standard is a set of core values by which businesses can be judged to see if they fall into line with strict UN investment principles.
Currently around nine per cent of Dresdner RCM’s assets under management are run on an SRI basis and the investment house won its first SRI brief in 1995.
The firm’s SRI process, which can include both positive and negative screens, is integrated into the group’s global research platform and supplemented by a grassroots network of 300 independent investigators.
Mark Archer, head of institutional business development at Dresdner RCM in London, comments: “ We believe our global approach to SRI mirrors the internationally agreed UN criteria, which provide the most comprehensive global benchmark against which to judge a company’s environmental and social performance.”
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