UK - Hymans Robertson has appointed SRI 'thought leader' Craig Mackenzie to act as a consultant on SRI and related corporate governance issues.
In response to increased client demand for information on SRI, Mackenzie's brief will include developing Hyman Robertson's advice to clients on SRI and corporate governance issues, surveying SRI providers in the marketplace and the development of new strategies for SRI investment.
John Dickson, partner and head of investment consultancy at the firm, said: "There is increasing concern amongst trustees for sound investment to be combined with suitably robust socially responsible investment policies."
Mackenzie has previously headed SRI and governance functions at Friends, Ivory and Sime and Insight Investment. He has also worked on SRI issues with firms such as FTSE, Business in the Community, UK Social Investment Forum and London Stock Exchange. Currently, he is head of business ethics at Glasgow Caledonian University's Centre for Ethics in Public Policy and Corporate Governance.
He commented: "The development of new SRI options such as engagement, where holdings are used to encourage socially responsible business practises, have proved increasingly attractive to pension funds. SRI is here to stay; it will become a mainstream investment option in the years to come."
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Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point