Vespa Capital signs United Nations supported Principles for Responsible Investment.
November 2019
Vespa Capital is delighted to announce that it has become a signatory of the United Nations - supported Principles for Responsible Investment (PRI). The PRI is recognised as the leading global network for investors committed to integrating environmental, social and governance (ESG) considerations into their investment decision making.
“We believe that the disciplines and guidelines provided by becoming a signatory to the UN Principles for Responsible Investment will further strengthen our commitment to incorporating ESG issues into our investment practice,” said Nigel Hammond, Managing Partner at Vespa Capital. “As well as our own commitment to these principles in Vespa Capital we hope that this will enable us to further support our portfolio companies so that they become better businesses. We subscribe to the view that sustainable and environmentally sensitive behaviour is necessary to support long-term value creation and should benefit the environment and society as a whole.”
Vespa Capital joins a network of over 7,000 corporate signatories who have agreed to put into practice the six principles which are based on acting in the best long-term interests of retail and institutional investors, the financial markets, the economy, the environment and society as a whole. The signatories collectively report over US $80 trillion in assets under management.
The United Nations-supported Principles for Responsible Investment (PRI) initiative is an international network of investors working together to put the six principles for responsible investment into practice. Its goal is to understand the implications of environmental, social and governance (ESG) issues for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the principles, signatories contribute to the development of a more sustainable global financial system.