JPMorgan Extends Reporting Product for SRI Monitoring

May 6, 2008 ( - JPMorgan Investor Services is extending its Compliance Reporting Services product to help clients monitor their Socially Responsible Investment (SRI) restrictions.

A news release said that through Web-based technology JPMorgan institutional and asset manager clients will be alerted when their portfolios are nearing or have breached their own limits for Environmental, Social and Governance (ESG) criteria. The criteria cover some 50 categories, including adult entertainment, gambling, tobacco, weapons, country ties, board diversity, corporate governance, climate change, and faith values.  

The service can be applied to clients’ custody or accounting records, with online reporting available through JPMorgan’s existing Web-based Compliance Reporting application, according to the announcement.

Screening data is sourced from Institutional Shareholders Services (ISS), part of the RiskMetrics Group.  Screening methodologies integrate both top-down research on a company-specific basis as well as bottom-up research on an issue-basis.

The research process focuses on primary source documentation, including reviews of company filings; corporate Web sites; policy statements; and/or corporate, social, or environmental reports.