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Calvert, the nation's largest family of socially responsible mutual funds, has drafted a set of guidelines to encourage companies helping to rebuild the Gulf region to operate in a fair and sustainable manner. The "Katrina Business Guidelines" are posted on Calvert's website as part of a special report that includes more information and tools for Calvert's clients and others who care about responsible rebuilding in the Gulf region. The guidelines and the special report can be found by clicking on http://www.calvert.com/katrina.html.
Early on, many companies demonstrated strong leadership and donated resources. However, Calvert believes that because the federal government has suspended federal laws that protect worker and environmental rights and protections, Guidelines such as these are necessary.
"A successful rebuilding effort must accomplish more than replacing infrastructure, bricks and mortar. It must also rebuild the lives and communities of those displaced from the Gulf, and those who remained in the Gulf," said Barbara J. Krumsiek, Calvert's President & CEO.
Specifically, the Katrina Business Guidelines call on companies to:
- Rebuild on a Foundation of Fairness, Justice, and Opportunity
- Invest in Communities
- Build for Sustainability
- Manage Corporate Responsibility Risk
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