Morphic Ethical Fund has announced that its manager, Morphic Asset Management (MAM) has attained the highest possible A+ score for responsible investing by the United Nations supported Principles for Responsible Investment (PRI).
The PRI is an international network of around 2,000 investors who further the growth of sustainable investing and which had six core principles, led by a commitment to using environmental, social and governance (ESG) factors in the investment process.
“As a PRI signatory, we are committed to the six principles covering the incorporation of environmental, social and governance (ESG) issues in our investment process, and our stewardship and engagement activities,” MAM’s head of research, James Tayler, said.
“We actively promote the PRI principles and collaborate with other responsible investors and aspire to the highest levels of transparency in all these areas.”
MAM’s managing director, Jack Lowenstein, said that his company used an integrated ESG investment process, as graded by the PRI, which aimed to mitigate avoidable risk and help make better-informed investment decisions.