Inbrief

The Vigeo Group has become the latest rating agency to offer to identify for investors those companies that do not comply with the principles of the United Nations Global Compact. Its Equi-Global Compact service supplies investors with details of alleged corporate breaches of the Compact’s ten principles on human rights, labour standards, bribery and the environment, and updates them on any developments. Innovest, another rating agency, began offering a similar service last autumn. It said that its Global Compact Plus service aimed primarily at institutional investors would give the UN initiative ‘marketplace teeth’.