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NEWS:
About STOCK at STAKE:
As of December 2005, Stock at Stake has merged with its French equivalent, Vigeo in order to create the Vigeo Group.
The Vigeo Group, the leading agency in Europe for measuring social responsibility, has two missions:
- Providing complimentary financial information and sector studies to fund managers and investors in order to allow them to take socially responsible decisions
- Helping companies evaluate and establish sustainable development policies
What changes are a result of this merger?
- The Group is preparing the integration of the Vigeo and Stock at Stake databases, which contain analyses and company profiles, while ensuring a respect of both methodologies.
- The Group Vigeo analyses a larger number of companies, covering nearly 1500 securities from now until the end of 2006:
- 800 European companies (95% of the capitalisation of DJ Stoxx 600 and SBF 120)
- 400 North American companies
- 300 Japanese companies
- The Group offers an extended product range which includes:
- The capital is up to € 15.9 million, an increase in capital of € 3 million.
- A new board of governors has been appointed, with three new governors representing Forum Ethibel (Marc Lambrecht, Dirk Dalle and Bernard Bayot):
- Financial managers and pension funds managers represent 46% of the capital
- European union organisations and NGOs represent 24% of the capital, of which 17,63% for Forum Ethibel
- Companies represent 30% of the capital
- The Group is structured around two departments:
- The SRI research department, offering assets managers and investors the Equitics ® and Ethibel ® ranges
- Social responsibility department audits, offering companies the Overnance ® range
- The Group reinforces its deontology:
- The analysts conduct their studies and research independently (chart soon available on this site).
- The Vigeo Group also has a scientific committee. Made up of five international experts, this committee guarantees the independence of the Vigeo indexed products. It constitutes an appeal body and arbitration to the disposal of indexed companies. As of April 2006, this committee will welcome an additional member, which will be appointed by Forum Ethibel.
- With this merger, the Vigeo Group increases its striking force with:
- Some 60 CSR (Corporate Social Responsibility) and SRI (Socially Responsible Investment) specialists of 12 different nationalities
- Three production sites: Brussels, Paris and Casablanca
- Some 20 to 25% of the European SRI market (including Great Britain)
See also www.vigeogroup.com
Press contact:
Thomas Gérard
+ 33 1 49 72 46 04
Client contact:
Liesbeth Van Criekingen
+32 2 206 67 95
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