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Aon signs on for responsible investment

ESG principles rate highly

Julie May
By Julie May
Fri 22 Aug 2008

Aon has signed the United Nations Principles for Responsible Investment charter.


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Aon Consulting Worldwide (Aon) joins a long list of Australian companies by becoming a signatory to the United Nations Principles for Responsible Investment (UN PRI).

The UN PRI is designed to help investors consider the environmental, social and governance (ESG) issues in investment decision-making and ownership practices, according to Aon.

"By becoming a signatory, Aon's Investment Consulting group reaffirms our commitment to client demands for sound, long-term investment returns that appropriately value the risks and opportunities of ESG factors," Aon Investment Consulting practice leader Angie Parrish said.

Aon's signatory represents its commitment to social justice, environmental and corporate governance issues, Aon Consulting managing director Stewart Fotheringham said.

"It aligns Aon's consideration of ESG issues with a recognised global framework of institutional investors, and with broader objectives of society," he said.

Australia has one of the highest UN PRI participation rates in the world with more than 65 signatories, including BT, Zurich Financial Services, IAG, AustralianSuper and AMP Capital Investors.

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