Submitted by glpadmin1 on Wed, 11/03/2021 - 19:31

GLP Joins UN PRI to Promote Responsible Investment Practices

GLP Joins UN PRI to Promote Responsible Investment Practices

Singapore, 4 November 2021 -- Today GLP announced it became a signatory to the United Nations-supported Principles for Responsible Investment (PRI), demonstrating our ongoing commitment to environmental, social and governance (ESG) and further aligning our values to our investment partners.

The UN-backed PRI is an international network of leading investors, asset managers, owners and service providers who work together to put responsible investing into practice. It aims to understand the investment implications of ESG factors and support its international network of signatories in incorporating these factors into their investment and ownership decisions.

Craig Duffy, Managing Director, Fund Management said: “This is a major milestone in our ongoing commitment to incorporate responsible investing practices into our business. We are pleased to join the others who have made the same commitment to build a more sustainable financial ecosystem.”

PRI CEO Fiona Reynolds said: “We are very pleased to welcome GLP as a PRI signatory. In joining PRI, GLP is recognising the importance of integrating ESG factors into its investment and ownership decisions. We look forward to working with the team.”

By adding our name to this growing group of more than 4,000 signatories, GLP sees this significant milestone as an opportunity to further enhance our ESG initiatives across the firm and accelerate our contribution toward building a more sustainable financial ecosystem.

GLP has made significant strides toward embracing ESG in all that we do as a firm. Following an extensive 360 review, we took our sustainability commitment to the next level in 2020. We expanded our ESG policy, launched an enhanced ESG due diligence process, trained our colleagues on ESG best practices, and strengthened our ESG capabilities by appointing a dedicated global head of ESG to lead our efforts. While great progress has been made already, this is only the beginning.

Driven by a shared purpose across the firm, we are working hard to continue building on all our achievements to date. GLP remains committed to a broad range of ESG policies and initiatives that help manage risk, drive value creation for investors, provide support for employees, and positively impact the local communities we operate in.

To learn more about how we are integrating ESG into our business and the achievements we have made so far, please see our 2020 Global ESG Report available online here: https://bit.ly/2X05j9O.

For more resources on GLP’s ESG strategy visit: glp.com/global/impact

 

About GLP
GLP is a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies. Our combined investing and operating expertise allow us to create value for our customers and investors. We operate across Brazil, China, Europe, India, Japan, the U.S. and Vietnam and have more than US$120 billion in assets under management in real estate and private equity.

We are committed to a broad range of environmental, social and governance (ESG) commitments that elevate our business, protect the interest of our shareholders and investors, support our employees and customers and enhance our local communities. Learn more at glp.com/global.

About PRI: The PRI 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. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. Launched in New York in 2006, the PRI has grown to more than 4,300 signatories, managing over US $121 trillion AUM.

Investor Contact:

Craig A. Duffy
Managing Director, Fund Management
Tel: +852 9038 5284
Email:
cduffy@glp.com

Media Contact:

Faye Kwan
VP, Global Communications
Tel: +65 6933 3608
Email:
fwee@glp.com

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