GovernanceMetrics International (GMI) and The Corporate Library announced they have merged as of July 22, 2010, uniting two leading global corporate governance research and risk rating firms. This merger creates the world’s leading independent firm dedicated to the development and sale of corporate governance risk ratings; environmental, social and corporate governance (ESG) advisory and analytical services; and a suite of online global governance information products and services for the investment market.

Please click here to read the full press release.

Please click here to read the FAQ about the merger.

GovernanceMetrics International has been a signatory of the Principles for Responsible Investment since their inception in 2006. The Principles were developed by an international group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance (ESG) issues to investment practices. There is a growing view among investment professionals that ESG issues can affect the performance of investment portfolios. The Principles for Responsible Investment provide the framework for considering these issues in everyday business practices and are as follows: read more

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