Specialist asset management boutique KBI Global Investors (KBIGI) said on 10 December that the United Nations supported Principles for Responsible Investment (PRI) – the World’s leading proponent of responsible investment – has awarded a 5* rating (its highest rating), across all four assessed modules relevant to the firm’s overall approach to Responsible Investment and management of equities in its annual ratings for 2024.
Dublin-based KBIGI, a longstanding signatory of the PRI, achieved not just a perfect 100% score in each of the four modules but a perfect 100% for every question, to stand tall amongst its peers.
The UNPRI, which requires all signatories to complete a questionnaire every year, incorporating a detailed account of the organisation’s Responsible Investing activities and practices, undertakes a detailed assessment of all submissions and then awards a rating against various aspects of Responsible Investing activity.
Eoin Fahy, head of responsible investing said: “Our commitment to Responsible Investing dates to the early 1980s. These latest ratings send a very clear message to the market, and to our clients, that our commitment to Responsible Investing is deeply entrenched in our investing culture, indeed part of our very DNA.
"Never would we have expected to achieve a perfect 5* rating across all modules, or a perfect 100% for every question, the achievement underlining the strength of our proposition and a credit to the hard work of every member of our Responsible Investing Committee.”
KBIGI is also a member of or signatory to the Carbon Disclosure Project and the Institutional Investors Group on Climate Change, and part of a network of investors which support and promote the long-term benefits of sustainable investment within the context of their individual investment processes and fiduciaries duties.
