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Posted by smithmorgan on September 10, 2024 at 9:40am 0 Comments 0 Likes
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The Principles for Responsible Investment (PRI) were developed by an international group of institutional investors in response to the increasing requirement for environmental, social and corporate governance (ESG) issues in investment practices. The United Nations Secretary-General convened the process of creating the principles.
The six Principles for Responsible Investment are:
1. The incorporation of ESG issues into investment analyses and decision-making processes
2. Active ownership and incorporation of ESG issues into investment policies and practices
3. The seeking of appropriate disclosure on ESG issues from entities invested in
4. The promotion of acceptance and implementation of the Principles within the investment industry
5. The undertaking of appropriate collaborations to enhance the effectiveness of implementation of the Principles
6. Regular reports of activities and progress towards implementing the Principles
The Ethisphere Institute has been publishing the World’s most Ethical (WME) company rankings for the last six years by reviewing hundreds of companies and evaluating applications through its proprietary methodology involving in-depth research and analysis. The list for 2013 includes companies in dozens of industries across the globe. The Ethisphere Institute Thibaut Courtois Belgie Shirt , in their 2013 list of the World’s Most Ethical Companies, featured Wipro.
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Ultimately, providing the option of responsible investing increases every ethical company’s chances of sustaining their business as well as paying forward the benefits to their investors.
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