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PGI signs responsible investment principles

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By Vishal Teckchandani
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2 minute read

Principal Global Investors (PGI) has signed up to the United Nations Principles for Responsible Investment.

By becoming a signatory, PGI will commit to consider environmental, social and corporate governance issues in the course of doing business.

"As a continuation of our organisation's longstanding commitment to corporate stewardship, we are pleased to sign on to the UN investment initiative," PGI Australia chief executive Grant Forster said.

"It is intrinsic to who we are as an asset manager and aligns with our investment strategy and culture.

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"We are committed to acting in the best long-term interests of our clients and will apply the principles where consistent with our fiduciary responsibilities and in alignment with our investors' expectations."