ESR, APAC’s largest real asset manager and sponsor of ESR-REIT, has become a signatory to Principles for Responsible Investment (PRI) on June 13.
The PRI is supported by the United Nations (UN) and is the leading global network of asset managers, owners and service providers who are working together to put responsible investment into practice.
“We place ESG at the heart of our operations and culture. Becoming a signatory to the UN-supported PRI marks another major step in furthering ESR’s commitment to sustainable investment and operations,” says Jeffrey Perlman, chairman of ESR.
“As we enter the next phase of sustainable growth as a bigger, stronger platform, we will continue to advance our ambitious ESG plans and stay ahead of the changing landscape, leading the standard for sustainable development of our industry in Asia Pacific and the communities in which we operate,” Perlman adds.
The group had, in November 2020, launched its ESG 2025 roadmap, where responsible investment is a key focus area under the corporate performance pillar.
“As the largest real asset manager in APAC, it is important that we continue to lead the way for our industry. ESG has become a core component of value creation and we think it will be a fundamental driver of long-term investment performance going forward,” Jeffrey Shen and Stuart Gibson, co-founders and co-CEOs of ESR write.
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“At ESR, our responsible investment approach with a strong focus on ESG enables us to enhance shareholder value and deliver a positive impact on society and the environment,” they add.
