April 17, 2007 ““ CSRwire: Innovest Strategic Value Advisors has confirmed its Intangible Value Assessment of Halliburton Company of CCC based on the company’s relative performance of social, environmental, and strategic governance (ESG) issues relative to Energy Equipment and Services sector peers.
The downloadable report is available for purchase for USD $195 through Innovest’s partner at http://www.csrwire.com/reports/independent/request/10871.html
Peter Wilkes, Managing Director at Innovest stated, “Innovest’s ratings are an indicator of a company’s performance on intangible value drivers and management quality. This information is used to support an investor’s existing financial knowledge of a company. It is widely accepted among investors that extra-financial information is now required to get a full understanding of a company’s prospects.”
By assessing differentials typically not identified by traditional securities analysis, Innovest’s IVA ratings uncover hidden risks and value potential for investors. Ratings range from AAA (best) to CCC (worst). Scores on sub factors range from 10 (best) to 0 (worst).
Some of the areas of analysis for companies include:
Supply Chain
Human Rights
Regulatory/Stakeholder relations
Health and Safety
Environmental Strategy and management
Carbon Risk Mitigation
Labor Relations
Product Safety
Workplace issues
In the Energy Equipment and Services sector, 33 out of 38 companies scored higher than Halliburton according to Innovests’s ranking system. Other companies in the Energy Equipment and Services sector include:
Abbot Group PLC
Acergy SA
Baker Hughes Inc
BJ Services Co
Cameron International Corp.
Diamond Offshore Drilling Inc
Ensco International Inc
Expro International Group PLC
Global Industries Limited
Globalsantafe Corp.
Grant Prideco Inc
Halliburton Company
Helmerich Payne Inc
Kinder Morgan Energy Limited Partnership
Maurel Et Prom
Nabors Industries Limited
National Oilwell Varco Inc
Noble Corp.
Noble Energy Inc
Patterson UTI Energy Inc
Petrofac Limited
Petroleum Geo Services ASA
Precision Drilling Trust
Pride International Inc
Prosafe ASA
Rowan Companies Income
Saipem
SBM Offshore NV
Schlumberger Limited
Smith International Inc
Subsea 7
Technip
Tenaris SA
Tidewater Inc
Transocean Inc
Weatherford International Limited
Wood Group (John) PLC
Worleyparsons Limited
Research and ratings reports for all Energy Equipment and Service companies is available for purchase for USD $195 each. Additional company and other industry reports are also available at www.csrwire.com/reports/independent.
About Innovest
Innovest Strategic Value Advisors is an internationally recognized investment research and advisory firm specializing in analyzing companies’ performance on environmental, social, and strategic governance issues, with a particular focus on their impact on competitiveness, profitability, and share price performance.”¨”¨
Innovest currently has offices in New York City, Toronto, San Francisco, London, Paris, Sydney, and Tokyo.
