Thornburg Investment Management Signs the Principles for Responsible Investment (PRI)
As a further commitment to responsible investing, Thornburg announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI).
(Santa Fe, NM) – As a further commitment to responsible investing, Thornburg Investment Management (TIM) announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI).
The PRI is the world’s leading proponent of responsible investment. It seeks to understand the investment implications of environmental, social and governance (ESG) factors and to encourage its network of investor signatories to include the factors in their investment decision-making process.
In becoming a signatory, TIM commits to adopting and implementing PRI’s six Principles for Responsible Investment. The PRI principles provide voluntary and aspirational investment principles that offer a range of possible actions for incorporating ESG issues into investment practice.
Jason Brady, Thornburg President and CEO said, “We are proud to become a signatory to the PRI. At Thornburg, it is more than what we do, it’s how we do it. These principles serve as an invaluable tool for our organization and its focus on long-term investing.”
The PRI’s Principles were developed by investors, for investors. In embracing them, Thornburg contributes to a more sustainable global financial system and joins more than 1,750 other signatories from over 50 countries, representing approximately US$70 trillion in assets under management.
“It’s a pleasure to welcome Thornburg Investment Management to the PRI,” said PRI managing director Fiona Reynolds. “By recognizing the importance of ESG issues, investors like Thornburg can play a critical role in moving responsible investment forward.”
Thornburg Investment Management is a privately owned global investment firm that offers a range of solutions for institutional and retail investors. Founded in 1982 and headquartered in Santa Fe, New Mexico, we manage approximately $49 billion (as of June 30, 2017) across equity, bond, liquid alternative mutual funds, separate accounts for high net worth investors, and institutional accounts, and UCITS for non-U.S. investors.