Reed CSR 2007.indd - Reed Elsevier

04 Reed Elsevier Corporate Responsibility Report 2007 Introduction
Promoting our Corporate Responsibility Agenda
During the year, Board members helped promote our CR
commitment. CEO Sir Crispin Davis highlighted key CR achievements
at the RE annual general meetings in London and Amsterdam and
in a message to all staff indicated, “We are making strides but we
are not complacent. We realise that corporate responsibility is never
‘fi nished.’ To be a global leader, we must continue to raise the bar.”
CR issues are relevant to our investments. In the markets in which we operate, we review social
and economic stability and the ability to protect our copyrights. We invest in companies that
are socially responsible, such as Healthline Networks, Inc., which provides an easy way for
consumers to fi nd, understand and manage healthcare information, empowering them to make
more informed decisions that lead to better health. Created in collaboration with over 1000
physicians and medical specialists, Healthline is powered by a consumer health taxonomy that
encompasses nearly one million medical terms; www.healthline.com
The Reed Elsevier Pension Scheme Statement of Investment Principles indicates that
investment managers are expected to consider how social, environmental, and ethical issues
may have a fi nancial impact on the portfolio when making investment decisions. Employees
have the opportunity to pay tax effi cient additional voluntary contributions to the Clerical Medical
PP Evergreen Fund which aims “to achieve long-term capital growth by investing in shares
of companies throughout the world whose products, processes, or services contribute to the
restoration and renewal of the earth’s ecology or to a cleaner and healthier environment.”
We have a growing portfolio of CR related products and services from Elsevier’s Agroecological
Economics: Sustainability and Biodiversity to HIV/AIDS, Gender, Agency and Empowerment
Issues in Africa; from Reed Business’ Pollutec, the largest environmental engineering exhibition
in the world, to Community Care magazine; and from LexisNexis’ 2007 conference, Economic
Development and the Rule of Law in Latin America, to Health and Safety at Work Magazine.