NEW YORK, NY ““ April 3, 2007 – Innovest Strategic Value Advisors has released updated Intangible Value Assessments for the 40 companies in the multiline retail sector.
The most prominent change in ratings for the Multiline retail sector is that of Wal-Mart. Liz Lipton, lead analyst for the sector says, “The company’s improved rating is attributed to its environmental commitment and the incorporation of environmental issues into its sustainability strategy. However, its labor and stakeholder relations continue to keep the company’s score below investment grade.”
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).
A research and ratings report for each company in the Multiline retail sector is available for purchase for USD $195. Companies in the sector include:
Aeon Company Limited
Amazon.com Inc
Big Lots Inc
Canadian Tire Corp.
Cencosud SA
China Resources Entreprises Limited
Coles Group Limited
Companhia Brasileira De Distribuicao Pao
Costco Wholesale Corp.
Daimaru Income
David Jones Limited
Dollar General Corp.
Ebay Inc
Expedia Inc
Falabella Saci
Family Dollar Stores Inc
Federated Department Stores Inc
Findel PLC
Hankyu Department Stores Inc
Harvey Norman Holdings
Home Retail Group PLC
Isetan Company Limited
Jelmoli ‘B’
Karstadt Quelle AG
Kohls Corp.
Marks & Spencer Group PLC
Marui Company Limited
Metro AG
Mitsukoshi Limited
Nordstrom Inc
Pacific Brands Limited
Penney JC Company Inc
PPR SA
Rakuten Inc
Ryohin Keikaku Company Limited
Sears Holdings Corp.
Shinsegae Company Limited
Takashimaya Company Limited
Target Corp.
The Warehouse Group Limited
Wal Mart Stores Inc
Wal-Mart De MEX SA De CV
Woolworths Group PLC
Additional company research and ratings reports from this and other industries are also available at http://www.csrwire.com/reports/independent.
Some of the areas of analysis for Innovest’s IVA ratings include:
- Environmental Strategy and management
- Regulatory/Stakeholder relations
- Health and Safety
- Carbon Risk Mitigation
- Labor Relations
- Product Safety
- Workplace issues
- Supply Chain
- Human Rights
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.
