ICICI Prudential Life Insurance (IPRULIFE) has become the first Indian insurance company to sign the UN-supported Principles for Responsible Investment (UNPRI), demonstrating its commitment towards the environment, social and governance (ESG) issues.
- IPRULIFE is integrating ESG factors into its investment management framework. This private life insurer has also adopted sustainability principles across its business activities.
About UN-PRI
- The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks, but does not operate for its own profit; it engages with global policymakers but is not associated with any government; it is supported by, but not part of, the United Nations.
- It works to understand the investment implications of environmental, social and governance (ESG) factors;
- It also works to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.
(Source: BL)
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