Aberdeen Asset Management has signed on to the United Nations Principles of Responsible Investment (PRI) in an effort to help encourage the investment community to put greater emphasis on environment, social and governance (ESG) issues.
Commenting on the move, Aberdeen senior investment manager Andrew Preston said addressing ESG issues now will put the business in a stronger position to influence and change companies it invests in, both in Australia and in international markets.
“While the principles are voluntary and aspirational rather than prescriptive, signing up to the PRI highlights Aberdeen’s commitment to strengthen its analysis of these issues and the impact they have on our investments,” he said.
