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28 September 2004
We believe that being a socially responsible developer does add value to our business and opens up new business opportunities.
Graham Cherry, Chief Executive of Countryside Properties PLC
Countryside Properties has received further recognition of its wholehearted commitment to corporate social responsibility through its selection for membership of the Kempen/SNS Smaller Europe SRI Index, which was launched in October 2003. This new Socially Responsible Investment (SRI) index is the first to track the SRI performance of smaller companies in Europe.
Membership is available only to those companies with the very highest standards and practice in business ethics, human resources and the environment and is only obtainable following extensive analysis and engagement.
The SRI Index is an initiative of SNS Asset Management (SNS) and Kempen Capital Management (KCM). The purpose of the index is to provide its users with detailed and objective information on the SRI performance of smaller European companies. As of the launch date, the Kempen/SNS Smaller Europe SRI Index comprised 69 companies from 14 countries [awaiting current figures].
Countryside Properties has been a constituent member of the FTSE4Good index since 2002 and WWF / Insight Investment recently named the Group as the leading housebuilder for its outstanding contribution towards sustainable development.
Graham Cherry, Chief Executive of Countryside Properties said, "Being admitted to the Kempen/SNS SRI Index is a excellent endorsement of our commitment to corporate social responsibility. We believe that being a socially responsible developer does add value to our business and opens up new business opportunities."
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Information correct as at 28/09/2004