AAP General News (Australia)
04-05-2001
Fed: ACF calls on govt to force companies ethical disclosure
The Australian Conservation Foundation has called on the government to ensure that
companies disclose their ethical credentials on society and the environment.
The ACF says the federal government's proposed disclosure laws fail to compel any company
to disclose the social and environmental characteristics of its investment products.
The laws were tabled in parliament today as part of the Financial Services Reform Bill.
The AFC says a recent KPMG survey shows that 69 per cent of investors would consider
a socially responsible investment fund if given the opportunity.
AAP RTV jph/daw/wz/jn
KEYWORD: FINANCIAL ACF (CANBERRA)
2001 AAP Information Services Pty Limited (AAP) or its Licensors.
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