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Empowering Social Investors and Promoting Corporate Responsibility.

 

SocialFunds.com Press Releases

May 08, 2001

Internet Company Employs Innovative Environmental Sustainability Initiatives

SRI World Group, Inc. Demonstrates Commitment to the Global Compact and CERES Principles through progressive programs.

Brattleboro, VT – May 8, 2001 – SRI World Group, Inc., an Internet-based information company that promotes corporate responsibility, walks its talk
by implementing progressive environmental initiatives aimed at its own operations. The firm’s internal policies reflect a sincere dedication to abiding by the United Nation's Global Compact and the CERES Principles.

In taking responsibility for the impact of its business activities on the environment, SRI World Group:

- In collaboration with American Forests (www.americanforests.org) will
plant trees to offset carbon dioxide emissions resulting from
company-related transportation and electricity use.

- Commissioned a local carpenter to craft the office’s desks to ensure that
they were made from 100% Forest Stewardship Council (FSC) Certified lumber.

- Strictly enforces recycling and composting of all office waste.

- Strives to use sustainable products whenever possible. 95% of all paper
used is entirely post-consumer recycled.

“It is absolutely critical that companies implement environmentally
sustainable initiatives. We are simply trying to lead by example through
our own policies,” Jay Falk, President of SRI World Group. “Small businesses make up a vital piece of our economy and their adoption of
environmentally sustainable initiatives will have a major impact on society.”

"We applaud SRI World Group for demonstrating that all companies - not just the huge multinationals - need to take concrete actions to limit their environmental impacts. This is a great example of a company practicing what
it preaches." said Bob Massie, Executive Director of CERES.

# # #

About CERES (Coalition for Environmentally Sustainable Economies) CERES is a non-profit coalition of investors, public pension funds,
foundations, labor unions, and environmental, religious and public interest groups, working in partnership with companies toward the common goal of corporate responsibility worldwide. The 10 principles establish an environmental ethic with criteria by which investors and others can assess
the environmental performance of companies. Companies that endorse these Principles pledge to go voluntarily beyond the requirements of the law.


About SRI World Group, Inc.
SRI World Group, Inc is an Internet based financial information services
firm. The company operates SocialFunds.com, the Web’s most comprehensive
personal finance site devoted to social investing featuring daily news
articles, social mutual fund data, shareholder resolutions, community
investing, folio investing, and financial advice. SRI World Group also
operates CSRwire.com, a newswire service nationally distributing the most
recent corporate social responsibility press releases to a targeted audience
of social investors, consumers, social research firms, and media
representatives.

www.unglobalcompact.org
www.ceres.org
www.americanforests.org

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