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Responsible Investment: ESG factors — international experience, practices and perspectives in Russia
March 21, 2018
Responsible Investment: ESG factors — international experience, practices and perspectives in Russia

UFG Asset Management took a part in the seminar «Responsible Investment: ESG factors — international experience, practices and perspectives in Russia» held on March 20 in Moscow. The event was organized by the International PRI Association (PRI — Principles for Responsible Investment), Moscow Exchange, and CFA Association with the support of the National Association of Private Pension Funds (ANPF).

Keynote speakers included PRI Association, Bank of Russia, Ministry of Economic Development, Russian Union of Industrials and Entrepreneurs, Moscow Exchange, the National Association of Private Pension Funds, as well as the business community. The discussion ensued on the international practices in socially responsible investing and experience in integrating the Environmental, Social and Governance Criteria (ESG). It was concluded that assessing ESG principals helps pick «best in class» issuers and private companies for Russian and international investors, which minimizes the risk of investing and enhances returns.

UFG Asset Management became a signatory of the UN-supported PRI in 2014. PRI Association was formed in 2006 with the support of the United Nations Organization. Since then the number of signatories has grown from 100 to over 1,800 with the aggregate assets of $70 trillion under their management. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.