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The William Davidson Institute Social Enterprise Coalition Social Investment Organization Social Investment Forum Banks and Financial Service Providers Figure Prominently in FTSE4Good Attrition, DJSI Matriculation September 08, 2005 Banks and Financial Service Providers Figure Prominently in FTSE4Good Attrition, DJSI Matriculation by William Baue Corporate social responsibility plays an important role at banks and financial service companies, which are not only recipients but also increasingly purveyors of socially responsible investment. SocialFunds.com -- The two leading global socially responsible investment (SRI) index providers, the Dow Jones Sustainability Indexes (DJSI) and FTSE4Good, announced results of their annual reviews yesterday and today, and will reconstitute their indexes over the next weeks. High-profile names stud the DJSI lists, with McDonald's (ticker: MCD), Daimler-Chrysler (DCX), IBM (IBM), Colgate-Palmolive (CL), and Abbott Laboratories (ABT) amongst the 57 additions and Dow (DOW), Alcoa (AA), Fannie Mae (FNM), HJ Heinz (HNZ), Home Depot (HD), Mattel (MAT), and VW (VOW) amongst the 54 deletions. © 2014 SRI World Group, Inc. Top
Sparked (Sparked) How youth hostels have been given a new lifeline by social entrepreneurs The Youth Hostel Association (YHA) has been providing budget accommodation in England and Wales since before the second world war. It was set up to offer "young people of limited means better access to the countryside". But keeping up with modern expectations has proved challenging for the association, one of Britain's best known social enterprises. A series of programmes to invest strategically in its hostel network has forced it to close those that it deemed unsustainable. In February it was announced that eight hostels, including Derwentwater, Salisbury and Newcastle, would be sold at the end of the 2011 season. Wooler YHA in Northumberland was one of those sacrificed by the organisation that year. The new owner ois one of the many independent organisations that take part in the association's Enterprise scheme, which allows hostels to be owned independently while benefiting from the YHA's booking system and marketing. This content is brought to you by Guardian Professional.