UK insurance industry signals support for socially responsible investment
The Association of British Insurers (ABI) has published a set of guidelines that aims to improve the disclosure practices of UK companies in relation to the social responsibility of their behaviour. The simple existence of the guidelines is significant as the ABI's members effectively control over 25% of the UK stock market. The ABI aims to encourage the adoption of best practice by companies in their responses to external social, ethical and environmental pressures.
The Association of British Insurers (ABI) has published a set of guidelines that aims to improve the disclosure practices of UK companies in relation to the social responsibility of their behaviour. The simple existence of the guidelines is significant as the ABI’s members effectively control over 25% of the UK stock market. The ABI aims to encourage the adoption of best practice by companies in their responses to external social, ethical and environmental pressures.
