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On 29-30 June, representatives from the Global Compact Office and the UNEP Finance Initiative met with the heads of more than 20 pension funds and other institutional investors -- representing nearly $2 trillion in assets -- to discuss the development of global principles for responsible investment. The meeting, convened by the Secretary-General at UN Headquarters in New York, focused on the relationship between environmental, social and government (ESG) factors and long-term investment objectives.
The so-called Principles for Responsible Investment Initiative --
co-sponsored by UNEP FI and the Global Compact -- will, over the coming months,
develop principles that will then be presented to institutions for possible
endorsement.
For more information, please contact Mr. Gavin Power; powerg@un.org.