Kinder, Lydenberg, Domini & Co.
"KLD was founded in 1989 by Peter Kinder, Steve Lydenberg and Amy Domini. They offer institutional investors easy-to-use, comprehensive and accurate social research on U.S. companies. They are committed to giving investment managers exactly what they need.
KLD maintains the largest body of research available, and profiles companies applying both positive and negative social investing criteria. KLD presents its findings in formats specifically designed for investment portfolio managers.
Their consulting services help clients make more out of social investing. These clients include money managers, mutual funds, banks and pension funds.
On-Line Social Investment Database Service provides 24-hour computer access to data and analysis on the social records of over 800 publicly traded corporations. The 800 corporations consist of 700 large companies and 100 smaller companies with outstanding social stories.
Each KLD Review covers a company's strengths and failings in nine major social areas.
The nine issues of coverage:
- the environment
- military contracting
- employee relations
- community involvement
- product safety
- quality programs
- excessive compensation of executives
- diversity
- nuclear power
KLD maintains the Domini 400 Social Index (DSI), a common stock index consisting of 400 corporations that have passed multiple, broad-based social screens. DSI, which has been operating since May 1990 serves as a proxy and benchmark for the universe of stocks from which social investors might choose. DSI News is the monthly newsletter that updates the performance of the DSI relative to the Standard & Poor's 500 Index.
KLD offers a variety of publications including Company Reviews and their Social Investment Database. A new research product will be available soon on computer disk, consisting of 900 full company profiles and another 1200 partial company profiles, according to Peter Kinder. [see Software section of this paper for more information on SOCRATES]
KLD is the Investment Advisor and Portfolio Manager of the Domini Social Equity Mutual Fund...
Peter Kinder, Amy Domini & Steve Lydenberg have written and edited several of the top books on social investing and corporate responsibility:
- Investing for Good: Making Money While Being Socially Responsible
(Harper Business, 1993).
- The Social Investment Almanac: A Comprehensive Guide to Socially Responsible Investing
(Henry Holt, 1992).
- Rating America's Corporate Conscience
(Addison-Wesley, 1986).
- Ethical Investing: How to Make Profitable Investments Without Sacrificing Your Principles
(Addison-Wesley, 1984).
For more information call or write: Kinder, Lydenberg, Domini & Co. (KLD), 129 Mt. Auburn St., Cambridge, MA 02138, Phone (617) 547-7479."
Maintained by Rory O'Brien robrien@web.net
Last update of this page September 12, 2000