NEWS

NSSK became a PRI signatory

Others

/ 09.05.2019

NSSK has become a signatory to the United Nations-supported Principles for Responsible Investment (“PRI), to express our commitment towards incorporating Environment, Social and Governance (“ESG”) in our business activities.

 

Since its establishment, NSSK had an Environmental, Social and Governance (“ESG”) policy and believed that implementing such a policy is both socially responsible and can also improve the returns of our investment portfolio.

 

By becoming a PRI signatory, we wish to reaffirm our commitment to be responsible to all of our stakeholders, portfolio companies, their management teams and employees and to further strengthen our fiduciary duty to our investors.

 

 

The PRI are investment principles launched in 2006 by Kofi Annan, then Secretary-General of the United Nations. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.

(appendix: https://www.unpri.org/pri)

 

The six Principles for Responsible Investment are as follows;

Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes.

Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.

Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.

Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.

Principle 5: We will work together to enhance our effectiveness in implementing the Principles.

Principle 6: We will each report on our activities and progress towards implementing the Principles.