| Background
The SiRi Network was formed in 2000 as a not-for-profit entity named SiRi Group. It comprises eleven specialist
Socially Responsible Investment (SRI)
research organisations based in Europe, North America
and Australia. With a research base of over 100 SRI analysts
worldwide, the SiRi Network has an unrivalled resource of
knowledge and expertise on corporations, local markets and
SRI investment strategies.
Due to the successful development of the SiRi Group, SiRi
members have decided in 2003 to establish an independent for-profit
company to further expand and enhance the consulting services
and underlying research. The newly founded SiRi Company announced
on November 6, 2003, that all assets and activities of SiRi
Group were transferred to SiRi Company with
immediate effect. This development positions SiRi Company
as the leading independent global provider of SRI research
and consulting services for institutional investors and financial
professionals.
SiRi Company has a centralised research management, administration
and finance. It will however continue to build on the local
presence of its network partners. The key strength of the
independent research and consulting philosophy of SiRi Company
is the recognition that, while global investing requires global
research, company analysis must take account of local circumstances
and cultural differences. Therefore, research is best undertaken
by organisations based in local markets. In adopting a centralised
business strategy and control, the company enhances its capacity
to put this vision into practice.
SiRi research partners provide SRI research on corporations
based in their own home markets, but with consistent content,
in a standardised format and with harmonised quality standards
set by the Company. This gives clients the benefits of global
coverage based on local knowledge.
SiRi Company provides detailed profiles and ratings on the
largest 600 global companies. Individual SiRi network partners
offer local profiles on over another 4,000 corporations worldwide
together with a wide range of sustainable investment solutions
geared to the needs of institutional investors, including
construction of SRI indices, provision of weighted company
ratings, SRI fund monitoring and strategic SRI consultancy.
SiRi clients include some of the largest
asset managers, insurance companies, pension funds, banks
and social investment institutions in the world. |