Nippon Life AMC has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).
As a PRI signatory, the company will have to follow the six core principles set by the organisation. The principles include incorporating ESG issues into investment analysis, seeking ESG disclosures from investee companies, maintaining high ESG standards within the company and reporting the progress to the PRI.
This implies that Nippon Life AMC is now committed to taking factors like carbon footprints, governance standards, gender diversity at workplace, etc. into consideration while making investment decisions.
“Sustainable investing is quickly becoming the new norm for investors all over the world. Our collaboration with UN-PRI is a natural move and it reflects our ambition to continue to strengthen our commitment in the field of responsible investment. We are convinced that integrating ESG and maintaining an active ownership approach are critical to enhancing returns and better managing risk over the long term,” said Sundeep Sikka, ED & CEO, Nippon Life India AMC.
