(CSRwire) London UK – December 5 2006 – Innovest is proud to congratulate and support BankInvest in winning the 2006 Funds Europe Awards for ‘SRI Investment Program of the Year'.

As one of Scandinavia's largest emerging markets equity and debt investors, BankInvest has been breaking new ground with its Global Emerging Markets SRI fund. The fund promotes positive socially responsible investment screening and corporate environmental, safety and governance issues. In addition, BankInvest endorses engagement with invested companies and uses rigorous financial analysis when considering both social and environmental consequences of its investments.

BankInvest's Global Emerging Markets SRI fund has a two step investment process. First, a negative screening is applied to identify companies with unacceptable or controversial practices, either ruling them out of the investment process or underweighting them in the portfolio. Then, Innovest's Global Compact Screening toolkit is used to assess company strategy and performance as it relates to the ten principles of the United Nation's Global Compact. Using this screen, BankInvest can determine if companies in which they wish to invest are adhering and complying with generally accepted international norms and principles.