Article: Investment houses endorse assessing businesses on social, environmental performance, at United Nations Global Compact Summit; Stock exchanges also join compact.

M2 PRESSWIRE-25 June 2004-UN: Investment houses endorse assessing businesses on social, environmental performance, at United Nations Global Compact Summit; Stock exchanges also join compact(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:06242004

NEW YORK -- (Office of Global Compact) -- Twenty major investment companies -- including Banco do Brasil, Credit Suisse Group, Deutsche Bank, Goldman Sachs, HSBC and Morgan Stanley -- have endorsed "connecting financial markets" to environmental, social and governance criteria, and agreed to bring other actors in the financial world into play on making these factors standard components in the analysis of profitability ...

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