For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products June 20, 2007
IW Financial Offers Solution for Compliance with Divestment Laws
June 20, 2007 (PLANSPONSOR.com) - IW Financial Inc.
(IWF) has announced it offers a solution that will enable
institutional investors, asset managers, and plan sponsors to
satisfy the divestment requirements of all pending or future
legislation on Sudan, or Iran and other U.S.-designated
sponsors of terrorism.
Reported by Rebecca Moore
According to the announcement, with its partner Conflict Securities Advisory Group (CSAG), a research firm dedicated exclusively to identifying and assessing companies that have business in, or with, State Department-designated terrorist-sponsoring states, IW Financial provides research-based technology solutions that enable investment professionals to analyze portfolio holdings using environmental, social, and governance (ESG) criteria.
Sam Pierce, chief executive officer at IW Financial, said in the announcement, “[I]t is clear that states require a solution that can satisfy all potential terrorism-related requirements. IWF is now in a position to offer that solution.” Roger W. Robinson, Jr., President and CEO of CSAG, said the firms’ solutions can address a number of specific policy guidelines for divestment.
The new solutions are immediately available, and more information can be found at www.iwfinancial.com or www.conflictsecurities.com .