The United Nations-supported Principles for Responsible Investment (PRI) has seen strong signatory growth within the US, Europe and the Asia Pacific region over recent months.
The first two months of 2014 saw the PRI add 30 new signatories to the growing list of more than 1200 that have signed on to the Principles. Among these are organisations such as Cornerstone Capital (United States), AQR Capital Management (United States), Ignis Asset Management (United Kingdom), Credit Suisse Private Banking and Wealth (Switzerland), Atlantes Operações Estruturadas (Brazil) and Laguna Bay Pastoral Company (Australia).
PRI Managing Director, Fiona Reynolds said “the acceptance of the Principles by these large global organisations adds considerable weight to the establishment of environmental, social and governance (ESG) factors as a serious investment risk. This shows that the investment community are now understanding the potential for ESG factors to threaten long-term investment returns and undermine the stability of financial markets worldwide”.
These new signatories join more than 1,200 of the world’s leading asset owners, investment managers and service providers to both participate in and advocate the importance of integrating ESG factors on behalf of investors.
Associate Director, Communications, PRI
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