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ESR joins UN-Supported Principles for Responsible Investment

ESR has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI), reinforcing its commitment to adopting and promoting responsible investment practices as part of its ongoing environmental, social and governance efforts.

June 13, 2022. By News Bureau

ESR has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI), reinforcing its commitment to adopting and promoting responsible investment practices as part of its ongoing environmental, social and governance (ESG) efforts.

The PRI is recognised as the leading global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary, aim to provide a framework for integrating ESG considerations into investment decisions and ownership decisions.

Jeffrey Perlman, Chairman of ESR, said: "We place ESG at the heart of our operations and culture. Becoming a signatory to the UN-supported PRI marks another major step in furthering ESR's commitment to sustainable investment and operations. As we enter the next phase of sustainable growth as a bigger, stronger platform, we will continue to advance our ambitious ESG plans and stay ahead of the changing landscape, leading the standard for sustainable development of our industry in Asia Pacific and the communities in which we operate."

David Atkin, CEO at the Principles for Responsible Investment, commented: "We're pleased to welcome ESR as a signatory to the PRI. We know that ambitious and impactful action across the whole spectrum of ESG issues is vital to drive real change. We look forward to working with ESR on these important issues and to affect lasting transformation across the sector."

Jeffrey Shen and Stuart Gibson, Co-founders and Co-CEOs of ESR, said: "As the largest real asset manager in APAC, it is important that we continue to lead the way for our industry. ESG has become a core component of value creation and we think it will be a fundamental driver of long-term investment performance going forward. At ESR, our responsible investment approach with a strong focus on ESG enables us to enhance shareholder value and deliver a positive impact on society and the environment."

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