[April 12, 2017]

FIU College of Business Joins Inter-American Development Bank to Launch IndexAmericas Corporate Sustainability Index

The Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) this week launched the Corporate Sustainability Index (IndexAmericas), designed to help gauge these efforts in Latin America and the Caribbean, with FIU's College of Business serving as IndexAmerica's academic partner.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170412005205/en/

(From left to right) Maria Julia Diaz Ardaya, Manager CSR (News - Alert) and Sustainability, Grupo Clarin; James M Scriven, Chief Executive Officer, Inter-American Investment Corporation (IC); Luis Alberto Moreno, President, Inter-American Development Bank (IDB); Jorge Rendo, President, Grupo Clarín; and José Aldrich, Acting Dean, FIU College of Business, at the launch of IndexAmericas. (Photo: Business Wire)

IndexAmericas measures companies acting in Latin America and the Caribbean based on their performance in environmental, social and governance dimensions, as well as on a development component added by the IDB-IIC. S-Network Global Indexes and Thomson (News - Alert) Reuters are in charge of data collection and analysis.

"We wholly support IndexAmericas because it aligns with the College of Business' mission and vision," said Jose Aldrich, acting dean of FIU's College of Business. "We are proud to have been invited by the IDB-IIC to be part of this project."

College of Business faculty, and its Capital Markets Lab, will put together regional workshops and forums designed to help companies improve their corporate sustainability performance based on the index.

The ability to advance sustainable development is an integral part of many businesses' corporate missions, as well as addressing the social, environment, and financial impacts of their enterprises. IndexAmericas seeks to show businesses they have a responsibility to actively guide the development of markets in Latin America and the Caribbean.

"It is the first initiative of its kind led by the largest multilateral agency for economic and social development in Latin America and the Caribbean."

For more information about the FIU's College of Business, visit http://business.fiu.edu

For more information about FIU, visit http://www.fiu.edu/

View source version on businesswire.com: http://www.businesswire.com/news/home/20170412005205/en/

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