By Jon Bernstein, 10 July 2001 08:55
NEWS Leading IT and telecoms firms will find out later today whether they have made it into the UK's first ethical financial index. FTSE International, which will run the listing, will unveil FTSE4Good later today and promises that only those companies that qualify as socially responsible will make it onto the list. Early indications are that up to 20 per cent of all leading companies won't make the grade. FTSE's criteria for social responsibility will also be outlined today and while weapons makers, chemical companies and tobacco firms are most at risk, the hardware sector - which has been attacked in the past for its environmentally unfriendly approach to discarding second hand kit - will be holding its breath.
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