Glaxo and BT considered most socially responsible - NU

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Six out of ten companies on the FTSE 100 and Eurotop 50 indices are considered to be ‘socially responsible' companies, suggests a new fund management study.

Findings of this year’s Morley Fund Management Socially Responsible Investment Matrix reveal the sectors most likely to be found at the top of the chain for good corporate governance and social responsibility are banks, insurance companies, publishers, pharmaceutical manufacturers, telecoms groups and high street retailers. More specifically, the companies found to have the best active philosophy and management in terms of tackling social and environmental risks and corporate governance are GlaxoSmithKline, Pearson, Reed Elsevier, scoring an A2 rating alongside BT Group, Philips and Severn...

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