We are happy to announce today that we have signed the United Nations – supported Principles for Responsible Investing (PRI). PRI is a global network of asset managers, asset owners and service providers who are committed to integrating Environmental, Social and Governance (ESG) considerations into their investment practices and ownership policies.
By joining the other 4,000+ signatories, comprising of 83 African investment firms, we have agreed to put into practice, the six principles for responsible investing, thereby, reinstating our general approach to ESG matters, as well as their integration into our investment decision-making process as a firm.
We are hereby publicly agreeing to implement these principles, which demonstrate a commitment to considering Environmental, Social and Governance (ESG) factors in our investment process.
At Consonance Investment Managers our mission is to “Advance Africa’s wellbeing” and Environmental, Social and Governance (ESG) considerations are key in assessing all factors that help us achieve that mission.
Fiona Reynolds, PRI CEO, commented: “We are very pleased to welcome Consonance Investment Managers as a signatory to the Principles for Responsible Investment. In considering ESG factors in its investment and ownership decisions, Consonance Investment Management is taking a progressive approach to sustainable investing. We look forward to working with the team.”
About PRI: The PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Launched in New York in 2006, the PRI has grown to more than 4,000 signatories, managing over US $121 trillion AUM