United States - 05/10/2019 (PRDistribution.com)
CATEGORIES Bell Rock Group today announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI).
The PRI initiative is recognized as the leading global network for investors and financial industry participants who are committed to integrating environmental, social and governance (ESG) considerations into their investment practices and ownership policies.
"As a leading provider of fund governance to investment funds and other investment entities we are extremely pleased to become a signatory and professional services partner. We have an important role to play in governance oversight and to ensure that asset managers and their investments have a positive impact on society,” said David Lloyd, Managing Director of Bell Rock Group. “We are committed to working with the asset management community related to responsible investment. The PRI initiative represents another important step in this direction and in the evolution of our ESG focus at Bell Rock Group.”
The PRI’s network of international signatories work together to implement a set of voluntary and aspirational principles that provide a framework for integrating ESG factors into investment analysis and ownership practices. These factors are aligned with investors’ goals and values and tailored to each organization’s investment strategy, approach and resources.
"We are delighted to welcome Bell Rock Group to the PRI," said CEO FIona Reynolds, "and applaud their recognition of how important it is to work with asset managers on ensuring that ESG considerations are incorporated into the investment decision making process. We look forward to working with them in the coming months."
Investors consider social and environmental impact an important part of investment decision-making. Investors feel that the way they invest can have a strong influence on society and believe that private capital from socially motivated investors is a way to help hold public companies and governments accountable for their actions and results.
Bell Rock Group
Bell Rock Group is a global leader in the provision of fund governance and oversight services to investment funds acting on the board of private equity funds, hedge funds, investment committees and other investment entities working with fund managers and investors based in all regions of the world. Bell Rock Group is headquartered in the Cayman Islands. Visit www.bellrockgroup.com
About the Principles for Responsible Investment (PRI)
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six principles for responsible investment into practice. Its goal is to understand the implications of Environmental, Social and Governance issues (ESG) for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the principles, signatories contribute to the development of a more sustainable global financial system. Visit www.unpri.org.