ABSTRACT
Over the past few years there has been an interesting mix of people moving into socially responsible investment (SRI) positions. Some have financial backgrounds while many have company corporate social responsibility (CSR) backgrounds and others have come from non-governmental organisations (NGOs). Much of the analysis that takes place is grounded in sensible risk assessment—seeking to minimise legal and financial liabilities, as well as risks to reputation and brand value, arising out of see issues. The electronics industry has not, until very recently, been subject to concerns about working conditions in its supply chain. Towards the end of 2003 some campaign groups, such as Cafod (2003), had begun to be a bit more vocal about these matters. The investor needs to know how, and how well, the company is minimising its risks and maximising its opportunities. This comes in part from the engagement process, but more often than not involves some form of questionnaire—either directly or via a rating agency.
