Socially responsible practice

UK companies should be under the same requirement to state their commitment to socially responsible practices as pension trustees, according to Friends Ivory & Sime. From July trustees must conform with a Government requirement for occupational schemes to state the extent to which they take account of social, environmental and ethical issues in investment. Craig McKenzie, director of the ethics unit at Friends Ivory & Sime, said: "While pension fund trustees must state their approach to Socially. Responsible Investment (SRI), companies do not have to do the same and the Government therefo...