Skandia assumes leadership role in global responsibility

Skandia assumes leadership role in global responsibility Skandia has acquired the majority shareholding in Global Responsibility Holding A/S, Copenhagen, with a subsidiary in Monaco. This marks a strengthening of Skandia's involvement in matters relating to global responsibility. Global Responsibility was formed last year by, among others, Professor Karl Lidgren. The company has developed an Internet-based communications platform where companies and organisations can report their efforts and the results of their work to achieve sustainable development. Last spring, Skandia's wholly owned subsidiary E&Q Rating AB launched an Internet-based tool and index for evaluating companies and organisations with regard to Quality, Environmental, Occupational Health and Safety management. The two companies will now merge under the name Global Responsibility International AB with headquarters in Stockholm. Using a joint, Internet- based communications platform, the new company will now invite companies and organisations worldwide to evaluate, track and present their operational performance within Quality, Environmental, Occupational Health & Safety management and Ethics. The new platform will also provide companies and organisations with qualified support in their efforts to improve in these areas. Furthermore, stakeholders, customers, employees and the public will have free access to evaluations and other information for comparisons and assessments. The company's President will be Perry Fredriksson, formerly President of E&Q Rating AB: "A platform is needed where companies and organisations worldwide can obtain support to develop their own operations and competitiveness and where they can meet their stakeholders in an open dialogue. Our goal is to be the world-leading communications platform where information about the impact of companies and organisations on the environment and health, as well as their policies on ethics and quality, is compiled, evaluated and distributed." For further information, please contact: Perry Fredriksson, President , +46 8 54525900 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/17/20010917BIT00040/bit0002.doc http://www.waymaker.net/bitonline/2001/09/17/20010917BIT00040/bit0002.pdf