Ethos Quarterly Publications as of September 30, 2007

The Ethos Quarterly presents an overview of current issues with regard to responsible investment and active shareholding. In particular, the current issue includes the following articles:

Editorial

• Emphasis on Dialogue

Corporate Governance

• Swiss Code: Ethos Supports the New Appendix on Remuneration
• Norway: Petroleum and Socially Responsible Investments

Socially Responsible Investment

• Carbon Disclosure Project: Excellent Reply Score in Switzerland
• Access to Medicine: Ethos Supports a New Investor Initiative

Ethos Day

• Ethos Celebrates its 10th Anniversary with Emphasis on Dialogue
• Dialogue between Companies, Investors and Civil Society
• Ethos Adopts a New Charter

General Meetings

• Quarterly Review of General Meetings Analysed by Ethos
• Shareholder Resolutions in the USA: Remarkable Success
• Shareholder Resolutions in Europe: A Stiff Price for Cheap Clothes
• Respect of Human Rights on the Job

The Ethos Investment Focus (only available in French or German) is the management report of the various segments of the Ethos institutional investment fund and of the Pictet-Ethos (CH) Swiss Sustainable Equities investment fund.