First Plus is announcing its recent membership as a signatory of the Principles for Responsible Investment (PRI), joining a global network of like-minded financial institutions and asset managers dedicated to responsible investments. The commitment will enable First Plus to continue serving investors as a leading forward-thinking asset manager in the region.
The PRI is made up of six principles (Principles) that cover environmental, social, and governance (ESG) best practices, from investment analysis to open reporting, and commits the signatories to:
- Incorporate ESG issues into investment analysis and decision-making processes
- Be active owners and incorporate ESG issues into ownership policies and practices
- Seek appropriate disclosure on ESG issues by the entities in which they invest
- Promote acceptance and implementation of the Principles within the investment industry
- Work together to enhance effectiveness in implementing the Principles
- Report on activities and progress towards implementing the Principles
By incorporating better ESG considerations into investment practices and decisions, First Plus is demonstrating its commitment towards delivering meaningful and impactful investment strategies that strike a balance between stable returns and social responsibility.
Jeb Li, Co-Founder and Board Director of First Plus said: “Becoming a signatory of the Principles for Responsible Investment affirms the foundation of forward-thinking strategies and long-term value that we are continuing to deliver to investors and communities alike. We want to ensure our investments are in tune with global efforts that address pressing societal and environmental challenges.”
As a signatory of the PRI, First Plus is further enhancing its multi-layered controls for investment strategies and risk management. Through the addition of the six principles, First Plus will conduct meticulous evaluation of the environmental impact, social implications, and corporate governance practices of potential investments, ensuring that its portfolios align with the highest standards of sustainability and responsible business practices.
As sustainable investing increasingly takes the global centre stage, asset managers and investors are recognising the importance of incorporating ESG factors into their strategies. First Plus continues to remain at the forefront of this global movement, gaining access to valuable resources, best practices, and collaborative opportunities with other like-minded institutions.