Standish Mellon Asset Management, a leading fixed income investment house headquartered in Boston, US, has become the latest signatory of the UN-backed Principles for Responsible Investment (PRI).
The firm, which is a subsidiary of multinational financial services firm BNY Mellon and manages nearly $10 billion in socially responsible assets, joins sister boutiques Newton Investment Management, Insight Investment, and Meriten Investment Management as PRI signatories.
“Standish has long evaluated environmental, labour and management practices in its investment procedures”, said Desmond MacIntyre, chairman and chief executive officer of Standish.
“Becoming a signatory to the UN PRI further formalizes that process. We are looking to expand our corporate and sovereign research process to further consider these factors when allocating capital on behalf of our clients.”
The fourth of six principles for responsible investment states that signatories will “promote acceptance and implementation of the principles within the investment industry”. Indeed, there are asset owners and asset managers that are members.
If they’re not on the list, then they’re not signatories and you should probably ask why. If they are on the list, take a closer look at how seriously they report environmental, social and corporate governance (ESG) issues.
“Consideration of ESG factors as long-term return drivers is not just for sustainable investment specialists anymore”, said Charles Dolan, chief investment strategist for fixed income, cash and currency for BNY Mellon Investment Management.
“Having several BNY Mellon investment boutiques as UN PRI signatories acknowledges our general respect for ESG factors as part of our overall focus on responsible investing.”
See Blue & Green Tomorrow’s National Ethical Investment Week edition of The Guide to Sustainable Investment for more information about the PRI, its signatories and its principles.
Like our Facebook Page
Understanding The True Environmental Impact of Dentistry
Incredibly Important Benefits of Effective Ethically Made Anti-Virus Face Masks
Green Entrepreneurs Find Creative Ways to Balance Ethical Goals with their Retirement Objectives
The Surprising Environmental Benefits of Using an Organic Mattress
Everything You Need to Know Before You Start Using Renewable Energy in 2021
The Curtis Institute of Music Makes Facilities More Energy Efficient
What Can Ecotourists Learn from Visiting Chernobyl?
Mastering the Art of Trading Bitcoins Profitably and Sustainably
5 Essentials for Promising Eco-Friendly Businesses to Thrive in a New Economy
Bitcoin – an Eco-Friendly Cryptocurrency That is Rocking the World!
Eco-Friendly Devices Are Amazing for Improving Indoor Air Quality in Urban Areas
6 Financial Benefits of Solar-Powered Homes
From Store to Door with Minimal Impact: How Companies Are Eco-Friendly Innovators
The Eco-Friendly Evolution of Bitcoin Over the Years
A Guide to Investing In Renewable Energy Stocks in 2021
Creative Ideas to Practice Eco-friendlier Consumerism
9 Simple Changes for Creating an Energy-Efficient Home
Why Eco-Friendly Solutions Can Work for Your Home
How to be More Environmentally-Conscious in 2021
Hawkers Launch a Truly Innovative Eco-Friendly Sunglass Line
- Editors Choice12 months ago
10 Green Companies With Amazing Environmental Initiatives
- Features12 months ago
5 Sustainable Home Improvement Ideas To Improve Your Home’s Value
- Energy11 months ago
10 Amazing Energy Saving Hacks for Spring
- Invest10 months ago
4 Super Simple Solutions To Create The Perfect Eco-Friendly Home