UK - Two-thirds of FTSE100 companies have complied with the Association of British Insurers' guidelines on socially responsible investment.
The guidelines call on companies to disclose in their annual reports that they have assessed the business and reputational risks arising from the way they manage social, environmental and ethical issues, and that these risks are being properly managed.
ABI director general Mary Francis said: “This shows companies recognise the business risks associated with environmental, ethical and social issues.
“Proper management of these risks will not only make businesses more secure for their employees as well as for shareholders, but it will also avoid the need for pre-scriptive legislation.”
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