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A new report released by AccountAbility and the World Economic Forum offers comprehensive and incisive insights into the failure of the financial community to meet the needs of the real owners of capital through its unwillingness and inability to consider material social and environmental factors in investment decisions.

The report entitled "Mainstreaming Responsible Investment" is the outcome of a series of three expert Roundtables during 2003 and 2004. The Report's findings have emerged from two years of in-depth discussions with practitioners. Its findings and recommendations draw directly from the perspectives of pension fund trustees and executives, portfolio managers of mainstream asset management firms as well as of buy-side and sell-side analysts.

Al Gore, Chairman of Generation Investment Management, commented, "incorporating social and environmental factors into investment decisions may seem exotic to some fund managers and pension fund trustees today, although certainly not to us at Generation. But there is no doubt it will be core to tomorrow's successful investment strategies and practices. The AccountAbility/WEF report goes a long way in identifying the impediments to this process and how best to overcome them".

For more information feel free to contact at simon@accountability.org.uk or to contact Communications Co-ordinator, Pat Breen at patrick@accountability.org.uk, or call on 020 7549 0400.

Simon Zadek

Chief Executive, AccountAbility

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AccountAbility

Unit A, 137 Shepherdess Walk, London N1 7RQ, UK

Tel: +44 (0) 20 7549 0400; Eml: simon@accountability.org.uk; Web:

www.accountability.org.uk

AccountAbility will launch with the World Economic Forum a report on

'Mainstreaming Responsible Investment' on 13th January.

For more information, go to www.accountability.org.uk