toning equipmenthttp://www.SaveTRI.org Web Site Campaign to Funnel Email Comments to EPA in Opposition; Social Investment Forum Foundation, Environmental Integrity Project Effort to Bring Together Investment World and Environmental Community WASHINGTON, Dec. 15 /PRNewswire/ -- A U.S. Environmental Protection Agency (EPA) rule proposal to slash "Toxics Release Inventory" (TRI) reporting by major polluters would be a major blow to billions of dollars in socially and environmentally responsible investing (SRI) assets that now rely upon TRI disclosure. Two leading investment and environmental groups -- the Social Investment Forum Foundation (SIFF) and the Environmental Integrity Project (EIP) -- will join forces during a 1:30 p.m. ET telephone-based news event on December 15, 2005 to urge concerned individuals to go to http://www.saveTRI.org before the January 13, 2006 deadline in order to oppose the EPA proposal, which would weaken both U.S. pollution reporting standards and disclosure to investors. News event speakers will be: * Eric Schaeffer, director, Environmental Integrity Project; * Calvert Chief Social Investment Strategist Julie Gorte; and * Ingrid S. Dyott, managing director, Neuberger Berman. The EPA recently put out for public comments rule proposals that would severely weaken the Toxics Release Inventory, which is relied upon by socially and environmentally responsible investors to gauge problems and progress at major U.S. corporations that pollute. In response to pressure from polluters, the EPA wants to significantly scale back required TRI reporting. According to OMBWatch, the EPA rule changes would: "move from the current annual reporting requirement to every other year reporting for all facilities, eliminating half of all TRI data; allow companies to release ten times as much pollution before being required to report the details of how much toxic pollution was produced and where it went; and permit facilities to withhold information on low-level production of persistent bioaccumulative toxins (PBTs), including lead and mercury, which are dangerous even in very small quantities because they are toxic, persist in the environment, and build up in peoples bodies." TO PARTICIPATE: A live, two-way news event (including full Q&A) will take place at 1:30 p.m. ET on December 15, 2005 at 1(800) 860-2442. (Ask for the "Save TRI" news event.) To hear the full telenews event, dial in at least five minutes before the start time. CANT PARTICIPATE IN PERSON?: A streaming audio recording of the news event will be available on the Web as of 6 p.m. ET on December 15, at http://www.saveTRI.org. SIRAN is an analyst network that supports more than 100 North American social investment research analysts from 30 investment firms, research providers, and affiliated investor groups. Social research analysts evaluate corporate policies and performance on various issues of corporate social responsibility (CSR). CSR includes issues such as environment, health and safety, diversity and human resources policies, and human rights and the supply chain. SIRAN is a working group of the Social Investment Forum Foundation, a national nonprofit organization providing research and education on socially responsible investing. The Forum Foundation supports cutting-edge research on the trends, practice, performance, and impact of social investing. The Environmental Integrity Project (http://www.environmentalintegrity.org) is a non-profit, non-partisan organization dedicated to stronger enforcement of existing federal and state anti-pollution laws, and to the prevention of political interference with those laws. EIPs research and reports shed light on how enforcement and rulemaking affect public health. EIP also works closely with communities seeking enforcement of environmental laws. |
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