ICICI Prudential Life Insurance has become the first Indian insurance company to sign the United Nations supported Principles for Responsible Investment (UNPRI), thereby demonstrating its commitment towards Environment, Social and Governance (ESG) issues. In its journey towards promoting sustainability the Company is integrating ESG factors into its investment management framework.
With Assets under Management of over Rs 2.37 trillion, ICICI Prudential Life Insurance is a key institutional investor and believes integrating the ESG framework in its investment management practices will ensure sustainable value creation for all stakeholders. Noteworthy, the UNPRI is an investor initiative in partnership with the two bodies of United Nations – UN Environment Programme Finance Initiative and UN Global Compact. Currently, it has over 4,000 signatories from 60 countries collectively representing over USD 120 trillion of assets committed to integrate ESG considerations into their investment practices and ownership policies.
Mr. Manish Kumar, Chief Investment Officer, ICICI Prudential Life Insurance said, “We are delighted to be the first Indian insurance company to become a signatory to the UNPRI. This reinforces our commitment towards integrating a responsible framework to promote Environmental, Social and Governance factors in our investment management decisions.”
