:greeneye offers Israeli banks the following services
1. Assimilating environmental thinking into the bank's practice – including the provision of research tools, tutorials for portfolio managers and ongoing advisory on development of green financial tools.
- Developing tailored extra financial criteria for the evaluation of projects, companies and stocks included in the bank's portfolios.
- Developing new services to finance green initiatives – such as preferred mortgages for energy-efficient properties, preferred credit for clean-tech projects and specialist funds to support sustainable technologies.
- Due Diligence – analysis and evaluation of extra financial risks and opportunities of businesses and environmental projects.
For Investors the following services are provided:
1. Extra financial evaluation and rating of stocks
2. State of the art evaluation tool for in house extra financial ratings
3. Assimilation of social – environmental thinking into the investment house practice
greeneye also offers professional assistance to the Israeli insurance industry:
1. Developing criteria for environmental risk evaluation
2. Evaluation of risks in conventional insurance
3. Risk evaluation of environmental projects
greeneye has set the goal of advancing the implementation of ethical screening in Israeli pension funds.
Up to date, the principles of SRI have yet to be implemented in Israeli pension funds, despite the clear potential. SRI principles may be applied to a range of financial assets including corporate bonds, stocks, loans, trust funds and ETNs. As of December 2006, the percentage of these financial assets in Israeli contractual savings portfolios was 43% - ILS 254 billion.
Since one of the characteristics of pension funds is long term investments, it is expected that environmental, social and ethical issues which are characterized by the same horizon will become an inseparable part of the considerations used in building such investment portfolios.
