Fribourg, 15 February 2006

SiRi Company welcomes Kayema as Israeli Network Partner

SiRi Company welcomes Kayema Investments as SiRi’s Network Partner in Israel. Kayema offers individual and institutional investors, as well as government and non-government organizations, a variety of services including:

• independent research on the performance of Israeli publicly traded companies according to international sustainability standards;
• consulting to provident and pension funds and other institutional investors;
• strategic advice to fund managers seeking to create investment funds according to sustainable indices.

Until now, investors interested in investing in Israeli companies did not have objective sustainability ratings for these companies upon which they could base their investments. For the first time ever, investors now have access to objective ratings of the largest companies listed on the Israeli stock exchange under the TASE (Tel Aviv Stock Exchange) 25 index.

Kayema’s analysis of the TASE 25 companies indicates that there is a growing awareness of the importance of corporate social responsibility among Israeli companies. For example, out of twentyfive companies on the TASE 25 list, twelve have an official ethical code. On the other hand, there is still much room for improvement, as some companies have been cited for human rights violations against cleaning staff and guards and other serious ethical violations.

Download the Kayema Investments Press release. (Pdf)

For more information, please contact:

Mr. Philippe Spicher, Managing Director, SiRi Company, www.siricompany.com
Phone number +41 79 24 35 955

Daniel Schwab, CEO, Kayema, www.kayema.com
Phone number +972 54 571 0624